INTERVAL INTERNATIONAL ADDS GRAND LUXXE RESIDENCE CLUB NUEVO VALLARTA TO ITS GLOBAL VACATION EXCHANGE NETWORK
Miami, Florida, December 19, 2008 – Interval International, a leading provider of vacation services, announced the addition of the Grand Luxxe Residence Club® Nuevo Vallarta in the Riviera Nayarit to its global vacation exchange network. The resort is being developed by Vedanta Capital Group and is the first property in its new luxury tier. Other Grand Luxxe Residence Club projects will follow in Mexico’s prime tourism destinations.
“This group has been one of the leading vacation ownership developers in the world for many years as a result of its reputation for delivering high-quality products and services,” said David C. Gilbert, executive vice president of resort sales and marketing for Interval International. “We’re thrilled they have chosen Interval as they expand their impressive portfolio with Grande Luxxe Residence Club Nuevo Vallarta, which promises to be their finest product offering to date.”
“We have selected Interval as our exchange partner for our first luxury resort, and in doing so, are pleased to join some of the best-known hospitality brands and independent developers in the vacation ownership industry,” noted Felipe Ramirez, chief executive officer of the Vedanta Capital Group. “Our members now will have the opportunity to vacation in a broad array of high quality resorts around the world.”
The Grand Luxxe Nuevo Vallarta will be set amidst beautiful landscaping and overlooks Banderas Bay, a 30-mile wide stretch of water surrounded by tropical jungles and lush rain forests. Each villa will be appointed with elegant furnishings crafted from specially selected woods, granite countertops, as well as upscale appliances and electronics.
The Grand Luxxe Nuevo Vallarta will provide an ideal setting for visitors to enjoy sun, sand, and surf, in a tranquil atmosphere away from crowds and congestion. Located only 20 minutes north of Puerto Vallarta airport, guests can enjoy numerous onsite amenities such as restaurants, a spa, a gym, a swimming pool, and multiple water sports. Nearby Puerto Vallarta retains the unique charm of a seaside Mexican village, although it has developed into a cosmopolitan, international tourist destination, with stylish shops, a bustling municipal market, varied gourmet restaurants, and nightclubs.
Interval International operates membership programs for vacation owners and provides value-added services to its developer clients 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 2,400 resorts in more than 75 countries and offers its resort clients and approximately 2 million member families high-quality products and programs through 26 offices in 16 countries. Interval is an operating segment of Interval Leisure Group, Inc. (Nasdaq:IILG), a leading global provider of membership and leisure services in the vacation industry.
