MIAMI--(BUSINESS WIRE)--Jul. 11, 2013--
Interval International, a prominent worldwide provider of vacation
services and an operating business of Interval Leisure Group (Nasdaq:
IILG), announced the affiliation of Residence Waterfront, an elegant
condo-hotel in Alagoas, Brazil. The property overlooks the ocean near
Maceió, the capital and largest city on the state’s coast, which is
known for its miles of beautiful beaches.
“Waterfront is the brainchild of several Italian real estate and tourism
professionals, who are extending their successful operations into shared
ownership,” said Marcos Agostini, Interval’s senior vice president of
resort sales and business development for Latin America. “We are
delighted to add this impressive resort to our worldwide network.”
The first phase of the purpose-built Residence Waterfront features 26
spacious one- and two-bedroom apartments. Six of the units are
penthouses with covered roof terraces that afford room for relaxation
and offer magnificent views of Ipioca Beach.
Along with a private beach, on-site are a large oceanfront swimming
pool, restaurant, open-air terrace bar, and fitness area with
floor-to-ceiling windows. Laundry facilities and private parking are
also available. Nearby services and amenities include a market and
pharmacy, as well as a number of sports activities.
“Maceió is such a sweet spot on the coast of Brazil that we have already
begun expanding Residence Waterfront. The 20 one-bedroom apartments in
the second phase will sit just behind the current building, still only
65 feet (20 meters) from the white sand,” said Gian Piero Berneri,
managing director of Havengrid do Brasil Ltda., developers of the
resort. “Our partnership with Interval International is an important
aspect of our vision for Waterfront and we look forward to welcoming its
members who visit on exchanges.”
Cooled by Atlantic trade winds, the average year-round temperature in
Maceió is 77 degrees F (25 degrees C). The crystal-clear water ranges
from emerald-green to deep blue and there are natural pools and reefs
just a few feet off the coast, easily accessed by boat or raft.
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 approximately 2,800 resorts in more than 75 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 programmes. Interval is an operating
business of Interval Leisure Group, Inc. (Nasdaq: IILG), a leading
global provider of membership and leisure services to the vacation
Note to Editors: Photo available upon request.
Source: Interval Leisure Group
Beatrice de Peyrecave, 305-666-1861, ext.