MIAMI, Jan 12, 2010 (BUSINESS WIRE) -- Interval International, a leading global provider of vacation services
and an operating segment of Interval Leisure Group (Nasdaq: IILG), today
announced that Dawn Beach Club in St. Maarten, Netherlands Antilles, has
joined its vacation exchange network. The project was developed by
Babitbay Beach Development Corporation B.V., a related company of
Columbia Sussex Corporation, one of North America's leading independent
owners and operators of resorts and hotels.
"We are very pleased that a hotelier of Columbia Sussex's stature
recognizes the opportunities that shared ownership offers, and has
entered the industry with such a luxurious product in St. Maarten," said
David Gilbert, executive vice president of resort sales and marketing
for Interval International.
Ideally situated on the island's southeastern shore, the property
includes three-bedroom, two-bath oceanfront condominiums with spacious
floor plans. The 1,800-square foot units feature elegant contemporary
furnishings and warm teak finishes. Each has a fully appointed kitchen
with stainless steel appliances, satellite television and Wi-Fi, and an
oversized patio or balcony.
"We are thrilled to be offering consumers an opportunity to purchase a
vacation interest at our beautiful resort in one of the Caribbean's most
popular vacation destinations," stated Joe Yung, director of development
of Columbia Sussex. "When you combine ownership at Dawn Beach with
Interval International's high-quality programs and products, you have a
very attractive value proposition."
St. Maarten is the smallest island in the world to be shared by two
nations, the Netherlands and France, creating a European vibe with a
Caribbean flair. With more than 300 restaurants, the island offers a
diverse cuisine that appeals to everyone. For water enthusiasts, scuba
diving and snorkeling facilities are located throughout the island,
which boasts an extensive marine biodiversity and unique underwater dive
sites such as the H.M.S. Proselyte, a notable British frigate which sank
in St. Maarten's waters in 1801.
Further reinforcing the value of ownership, new purchaserswill
be enrolled as individual members of Interval International, as well as
Interval Gold(R), its upgraded membership program. This gives
them the opportunity to exchange their accommodations for those at other
resorts in Interval's worldwide network, as well as the ability to
relinquish their resort weeks toward the purchase of cruise, golf, and
spa vacations. They also will enjoy an extensive menu of benefits,
including discounts on resort Getaways, ShortStay ExchangeSM,
access to a personal concierge service available 24 hours a day via
phone and e-mail, complimentary Hertz #1 Gold(R) membership,
and worldwide hotel and dining discounts.
Interval International operates membership programs for vacation owners
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 for more than 33 years. Today,
Interval has a network of approximately 2,500 resorts in more than 75
countries and offers its resort clients and about 2 million member
families high-quality products and programs through offices in 26 cities
in 16 countries. Interval is an operating segment of Interval Leisure
Group, Inc. (Nasdaq: IILG), a leading global provider of membership and
leisure services to the vacation industry.
www.intervalworld.comwww.resortdeveloper.com
SOURCE: Interval International
Interval International
Béatrice de Peyrecave, 305-666-1861, ext. 7032
Beatrice.dePeyrecave@intervalintl.com
