INTERVAL INTERNATIONAL MARKS 40TH ANNIVERSARY AS SHARED OWNERSHIP INDUSTRY LEADER
Miami, FL, May 2, 2016 – Interval International, a prominent worldwide provider of vacation services and an operating business of Interval Leisure Group (Nasdaq: IILG), is celebrating 40 years of growth, innovation, and superior service.
Founded in 1976, the company has grown from one resort, three employees, and an exchange system of index cards into a world-class organization with a global presence and influence.
Interval Leisure Group Chairman, President, and CEO Craig M. Nash, who joined Interval in 1982, said, "It has been 40 years of tremendous achievement. We would not be where we are today without the vision of those who paved the way and the talents of the current team committed to Interval's success."
Interval now has about 3,000 resorts in its exchange network and more than 1,000 employees serving approximately 2 million member families worldwide. The company offers an extensive variety of flexible programs and benefits that are driven by an ongoing investment in cutting-edge technology.
David C. Gilbert, Interval's president and industry veteran of more than 25 years, reflected on the company's unwavering commitment to meeting the needs of its constituencies. "Interval has always provided an exceptional quality of service, with customized programs that give clients and members what they most want. One size doesn't fit all in Interval's array of sales and marketing resources, systems, and communications. We have advanced high-tech tools and sophisticated methods of operation, along with dedicated staff, to exceed expectations."
In recent years, Interval has won numerous awards for creating ground-breaking technology and content. The company's video library of destination footage and customer testimonials has become an important guide for vacationers learning about the benefits of shared ownership. For Interval's developer clients, the unique Sales Tool Kit (STK) app is continuously updated and provides sales professionals with customizable and visually exciting presentation elements, including a proprietary exchange tracker.
Contributing to the welfare of the industry worldwide, Interval's
Shared Ownership Investment Conferences have attracted newcomers and provided invaluable knowledge and networking opportunities. Beginning in 1998, events have been held in the Caribbean, North and South America, Europe, the Middle East, and Asia. An upcoming conference is scheduled for October 24 – 26 in Miami Beach, Florida.
Looking back, Interval's industry "firsts" are legendary. The company introduced the first resort quality recognition program, launched the first enhanced exchange membership program, was the first exchange company on the Internet, established one of the largest timeshare social networking communities in the world, and developed essential digital applications for sales operations and consumers.
"As we celebrate this milestone anniversary," Nash noted, "I'm proud that Interval remains well-positioned to continue its leadership role in redefining the vacation ownership industry of the future."
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's exchange network comprises approximately 3,000 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 non-traditional lodging, encompassing a portfolio of leisure businesses from vacation exchange and rental to vacation ownership.
###
For more information contact:
Beatrice de Peyrecave, 305.925.7032
Beatrice.dePeyrecave@intervalintl.com
