MIAMI, Jun 24, 2010 (BUSINESS WIRE) --Interval International, a prominent worldwide provider of vacation
services and an operating segment of Interval Leisure Group (Nasdaq:
IILG), welcomes Tau nahui and Tau Santa Maria in Nayarit, Mexico, to its
exchange network. With these two properties, Tau Resorts--a new entrant
into the shared ownership industry--establishes the foundation for its
collection of beachfront and boutique eco-resorts.
"We're very pleased to be working with Tau Resorts, a partnership
between two companies--Guadalajara-based C&C Capital, and Nayarit-based
GEN Investments--that have more than 20 years of combined experience in
development, management, and operations," said Marcos Agostini, vice
president for Latin America, resort sales and service, Interval
International. "These resorts will give our members the opportunity to
experience some of the rich cultural traditions and ecological diversity
of this region."
Tau nahui is the first beachfront vacation ownership project in the
portfolio and will be part of a 2,100-acre mixed-use community located
on three miles of coastline on Banderas Bay, north of Puerto Vallarta.
The property will feature 168 two-bedroom units, with its initial phase
scheduled for occupancy by early 2011. Each unit will include elegant
contemporary furnishings crafted of fine wood, state-of-the-art
appliances and electronics, and a spacious terrace. Two additional
phases are slated for completion by late 2012. Plans also call for up to
450 private residences and a 100-room hotel.
Owners and guests at Tau nahui will have access to a full range of
amenities, including a private beach club and water sports center on the
renowned Playa Destilederas, an 18-hole golf course, and miles of hiking
trails. They will also be able to visit Pueblo nahui, a pedestrian
village that offers restaurants, shops, cafés, entertainment venues, and
cultural activities.
"As a development group focused on creating high-quality resorts in
Pacific Mexico, we chose to work with Interval because the company is a
leader in the vacation ownership industry and will offer our
discriminating owners valuable travel and leisure benefits and
services," noted Hector Cardenas, President, C&C Capital.
Tau Santa Maria is a rustic-style resort situated on the shores of a
lake in a dormant volcano northeast of Puerto Vallarta. The
crystal-clear, mineral-rich lake waters are warmed by thermal currents
and surrounded by lush vegetation. This pristine setting is a haven for
nature-lovers--especially birdwatchers. On-site amenities include a
restaurant, extensive gardens, swimming pool, multiple water sports, and
adventure-oriented activities.
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 for more than 34 years. Today,
Interval has an exchange network of more than 2,500 resorts in over 75
nations. Through offices in 14 countries, Interval offers high-quality
products and benefits to resort clients and approximately 2 million
families who are enrolled in various membership programs. 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.
Note to Editors: Photo available upon request.
SOURCE: Interval International
Interval International
Béatrice de Peyrecave, 305-666-1861, ext. 7032
Beatrice.dePeyrecave@intervalintl.com
