INTERVAL INTERNATIONAL ADDS PÓLUS PALACE TO GLOBAL NETWORK
MIAMI, FL, May 23, 2008 – Interval International, a leading provider of vacation services, has announced it has added the Hungarian resort of Pólus Palace Thermal Golf Club Hotel to its global network. Pólus Palace is situated about 15 miles north of Budapest, Hungary’s historic capital, in a small village called Göd.
The development opened in 2006 and its amenities include a spa, 18-hole golf course, one indoor and one outdoor swimming pool, two restaurants and a bar. There are also tennis courts in the resort’s grounds and a horse ranch nearby. Its proximity to Budapest also makes it popular for sightseeing and nightlife.
In a first phase, there are 16 timeshare units comprised of four studios, four one-bedroom and eight two-bedroom units. In a second phase, it is planned to extend the resort, by building villas around a lake. This is scheduled to commence around 2010. The resort is being sold on a fixed week/fixed unit basis with a thirty year right-to-use.
“Hungary has been an important growth sector for Interval and the European timeshare industry in the last few years,” says Joachim Mezger, Interval International’s director resort sales & service, (Europe). “This latest development is a quality resort which will be popular with our growing eastern European membership base.”
Interval International is a leading provider of exchange, travel, and leisure services to resort developers and vacationers worldwide. Based in Miami, Florida, the company has been a pioneer and innovator in serving the vacation ownership market for more than 30 years. Today, Interval has a network of over 2,300 resorts in excess of 75 countries and offers its clients and nearly 2 million member families high-quality products and programmes through its 28 offices in 17 countries. Interval is part of IAC, which owns and operates more than 60 diversified brands in sectors being transformed by the Internet, online and offline. Other IAC companies include Ask.com, HSN, LendingTree, Match.com, and Ticketmaster.
