IINTERVAL INTERNATIONAL AND DIAMOND RESORTS INTERNATIONAL
ANNOUNCE EXTENSION OF MULTI-YEAR AFFILIATION AGREEMENT
Miami, FL, April 21 2014 – Interval International, a prominent worldwide provider of vacation services and an operating business of Interval Leisure Group (Nasdaq: IILG), and Diamond Resorts International® (NYSE: DRII), a global leader in the hospitality and vacation ownership industries, today announced a multi-year extension of their affiliation.
“We place tremendous value on our alliance with Diamond Resorts International and will continue to deliver innovative programs and comprehensive membership benefits,” said Craig M. Nash, chairman, president, and CEO of Interval Leisure Group. “We understand the needs of their sophisticated members and how to best fulfill them.”
David F. Palmer, President and CEO of Diamond Resorts International, commented, “We have enjoyed a long and successful relationship because Interval’s philosophy fits seamlessly with our service-oriented culture, dedicated to providing our members with Vacations of a Lifetime™. Members of THE Club® also appreciate the quality and scope of Interval’s outstanding resort network.”
Interval’s association with Diamond and its predecessors dates back decades, extending through the creation of Diamond Resorts International in 2007.
A global leader in hospitality and vacation ownership, Diamond Resorts International® provides Vacations of a Lifetime™ with a wide selection of amazing destinations offering affordable luxury and priceless memories to its members, owners, and guests. THE Club® at Diamond Resorts International provides its members with a wide range of benefits. Through THE Club®, members are enrolled in Interval International as Interval Gold® members, entitling them to use their points for a number of flexible exchange opportunities and upgraded benefits. These include discounts on Getaway vacation rentals, ShortStay Exchange®, a concierge service available 24/7 via phone and email, Hertz Gold Plus Rewards® membership, and special offers at hotels, restaurants, and retail outlets worldwide.
About Interval International
Interval International operates membership programs for vacationers 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 since 1976. Today, Interval has
an exchange network of nearly 2,900 resorts in more than 80 nations. Through offices in 16 countries, Interval offers high-quality products and benefits to resort clients and about 2 million families who are enrolled in various membership programs. Interval is an operating business of Interval Leisure Group, Inc. (Nasdaq: IILG), a leading global provider of membership and leisure services to the vacation industry.
About Diamond Resorts International
Diamond Resorts International, with its network of more than 300 vacation destinations located in 33 countries throughout the continental United States, Hawaii, Canada, Mexico, the Caribbean, South America, Central America, Europe, Asia, Australia and Africa, provides guests with choices and flexibility as they design their dream vacation, whether they're traveling an hour away or around the world. Our hassle-free, relaxing vacations give guests a truly memorable experience every time, for a lifetime.
Diamond Resorts International manages vacation ownership resorts and sells vacation ownership points that provide members and owners with Vacations of a Lifetime™ through 93 managed resorts, 210 affiliated properties and four cruise itineraries. To learn more, visit DiamondResorts.com.
