INTERVAL INTERNATIONAL AFFILIATES CASA DORADA AT MEDANO BEACH IN MEXICO
Miami, Florida, June 2, 2006 — Interval International, a leading global vacation exchange company, is pleased to announce the affiliation of Casa Dorada at Medano Beach, a vacation-ownership resort in located in Baja California Sur, Mexico. Currently under construction, the resort will be built on five acres of beachfront property in the heart of Cabo San Lucas. Casa Dorada will feature 170 luxury one-, two-, and three-bedroom units, ranging in size from 900 to 4,600 square feet, with unobstructed views of the Sea of Cortez.
Miami-based international interior design firm Adriana Hoyos has been selected to create living spaces that combine the luxury, style, and comfort of a home-away-from-home. Each unit will include elegant contemporary furnishings crafted with carefully selected fine woods, granite countertops, as well as upscale appliances and electronics. Guests at the resort will also be able to enjoy numerous amenities and services such as a spa center and gym, private beach club, infinity pools, hot tubs, bars, restaurants, and covered parking.
"We are thrilled to add Casa Dorada at Medano Beach to our global exchange network because of the caliber of the property and the state-of-the art amenities it offers," said Marcos Agostini, region director for Latin America, resort sales and service, Interval International. "This is the fourth vacation ownership property that Grupo Questro has brought to market in the Baja California Sur region."
"Casa Dorada is slated to open in the fall 2007 and has already exceeded all of our expectations in terms of sales," said Karim Rionda, sales director, Casa Dorada at Medano Beach. "We affiliated this property with Interval because they value client satisfaction as much as we do and provide our owners with excellent service."
Founded in 1985, Grupo Questro's objective is to create environmentally friendly development projects that benefit local communities - both socially and economically. The visionary development team, led by Eduardo Sanchez-Navarro, prides itself on delivering high-quality, high-value, fully integrated master-planned mixed-use development projects comprised of hotel, retail, and residential components that compete well in the international travel and real estate markets. The company initially operated as Grupo Cabo Real and launched its first project, Cabo Real, in 1986.
In the last decade, Los Cabos has experienced tremendous growth and become one of the most exciting vacation destinations available in Mexico today. Its distinctive location at the southernmost tip of Baja California Sur provides visitors with the opportunity to experience its unique landscape. The 20-mile tourist corridor between Cabo San Lucas and San Jose del Cabo offers spectacular vistas of miles of white sand beaches, coves, and the cobalt waters of the Sea of Cortez. Los Cabos is recognized worldwide as a destination for marlin sports fishing and ideal for such water sports as diving and snorkeling. One of its natural attractions is the annual whale migration from December to March when thousands of whales and their new born calves can be viewed and photographed from shore. Los Cabos is also home to numerous annual golf championships that draw top professional figures.
Interval International, a leading vacation ownership exchange company, is celebrating 30 years of quality and innovation. Interval has a global network of more than 2,000 affiliated resorts in over 75 countries, and serves its developer clients and in excess of 1.8 million member families through 28 offices in 19 countries. The company provides a variety of services and year-round travel-related benefits to enhance members' vacation experiences. Headquartered in Miami, Florida, Interval International is part of IAC, which operates leading and diversified businesses in sectors being transformed by the Internet, online and offline. Other IAC companies include Ask.com, Citysearch, Entertainment Publications, HSN, LendingTree, and Ticketmaster.
