PALACE RESORTS AND INTERVAL INTERNATIONAL
ENTER INTO MULTI-YEAR, MULTI-SITE AFFILIATION AGREEMENT
Miami, FL, June 18, 2014 – Interval International, a prominent worldwide provider of vacation services and an operating business of Interval Leisure Group (Nasdaq: IILG), and Palace Resorts® have entered into a multi-year, multi-site affiliation agreement. This encompasses Moon Palace Golf & Spa Resort Nizuc, Cozumel Palace, and Isla Mujeres Palace, three upscale all-inclusive, beachfront shared ownership resorts in the Mexican Caribbean.
“We are thrilled that Palace Resorts, an industry leader for nearly 30 years, has chosen to affiliate these award-winning properties with our quality network,” said Marcos Agostini, Interval’s senior vice president of resort sales and business development for Latin America. “They are an important addition as they offer the all-inclusive experience that is increasingly popular with our members.”
“Interval understands our company’s unique needs and has the innovative technology to support our operations,” said Gibrán Chapur, executive vice president of Palace Resorts. “We look forward to working with this new partner, who will deliver the high-level of service that we are committed to providing our owners.”
Located in Cancun, Moon Palace Golf & Spa Resort Nizuc is set on 55 acres and features 731 spacious units with views of the Caribbean Sea, lush gardens, or the Jack Nicklaus signature golf course. All have a sophisticated decor with dark-wood furniture and colorful accents, marble bathroom with glass-enclosed shower, iPod docking stations, and furnished balconies. On-site amenities and activities include numerous restaurants, 650-foot beach, lagoon-style swimming pools, fully equipped fitness centers, dolphinarium, children’s splash zone waterpark, teen lounge, kid’s club, and water-sports marina. Moon Palace was honored with the prestigious AAA Four Diamond Award in 2014 for the second consecutive year, based on its impeccable standard of hospitality, service, and amenities.
The Cozumel Palace has 175 units and provides an ideal island setting for families seeking sun, sand, and surf in a tranquil atmosphere. Each is decorated in a soft palate with wood furniture, marble floors, and includes a living room, modern electronics, and private balcony.
Guests can enjoy restaurants with a variety of cuisines, spa, outdoor infinity and splash pools, kid’s club with supervised activities, nightly entertainment, complimentary Wi-Fi, and 24-hour room service. Visitors can also explore the Mayan ruins, take the ferry to Playa del Carmen, or go scuba diving along the Great Maya Reef.
Situated eight miles east of Cancun, Isla Mujeres Palace is a boutique resort for adults with 62 beautifully appointed units. Among the amenities and services are a restaurant, swimming pool, complimentary Wi-Fi, and 24-hour room service.
New purchasers at these properties will be enrolled as individual members of Interval International, entitling them to a host of year-round benefits, including the opportunity to exchange their weeks for stays at other resorts in Interval’s global network.
About Palace Resorts
One of the premier resort operators in Mexico, Palace Resorts has all-inclusive oceanfront resorts in Cancun, CozumeI, Isla Mujeres, and Riviera Maya. At Palace Resorts, exceptional service, abundant amenities, and luxurious accommodations combine to create the ultimate all-inclusive vacation. For more information, visit http://www.palaceresorts.com
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.
