Private Residence Club in Ellicottville Now Part of Luxury Shared Ownership Resort Exchange Program

MIAMI & ELLICOTTVILLE, N.Y.--(BUSINESS WIRE)--Feb. 2, 2012-- EllicottVillas, a private residence club in Ellicottville, New York, has joined Preferred Residences^®, a hospitality branded membership and exchange program for luxury shared ownership resorts offered by an operating business of Interval Leisure Group (Nasdaq: IILG). EllicottVillas delivers five-star services and club amenities in a spectacular community of fully furnished, beautifully landscaped three-story villas. As a member of Preferred Residences, it now gives owners access to even more benefits.

“We are delighted with the addition of this impressive year-round recreation destination to the Preferred Residences program,” said David Gilbert, executive vice president of resort sales and marketing for Preferred Residences. “The residences at EllicottVillas offer all of the comforts of an upscale vacation resort, along with a wonderful location nestled in the foothills of a historic community known for its great skiing.”

The EllicottVillas vacation homes feature the highest quality construction and finishes, are outfitted with distinctive furnishings, sophisticated technology and quality appliances, and come with personalized hospitality services that include transportation, grocery shopping, and more. Each well-appointed villa is designed as a three-story town home with garage, private deck, and patio area, providing approximately 3,000 square feet of living space with a spacious great room and kitchen, guest room, and third-floor master with sitting area and fireplace.

“Our affiliation with Preferred Residences opens our owners to a world of possibilities for exchanging the use of their luxury residence with similarly appointed properties around the world,” noted Mark Balus, a managing member and partner in EllicottVillas. “Preferred Residences is the ideal complement to our prestigious private residence club.”

The many benefits and services enjoyed by Preferred Residences owners include:

• “High-touch” exchange services based on a worldwide points-based program that offers flexibility and security
• Preferential pricing at participating Preferred Hotel Group™ affiliated properties
• 24-hour personal concierge services
• Complimentary Prestige membership in the Priority Pass™ VIP airport lounge program
• Automatic enrollment in a two-year membership in Preferred Golf™, providing access to the world’s most challenging and prestigious courses
• Complimentary annual membership in Hertz #1 Club Gold® car rental program

Located in the picturesque village of Ellicottville (which has been described by The New York Times as “the Aspen of the East,”) EllicottVillas is in the heart of a four-season playground that combines the charm of a small town with an abundance of shops and restaurants, some of the best skiing in the state of New York (consistently ranked top five in the east by Ski Magazine), and numerous other outdoor pursuits ranging from golf and hiking to mountain biking and horseback riding. Once the clubhouse is completed, vacationers will also have access to a heated pool and jetted spa, fitness center, games room, owner’s lounge and sauna.

For more information about EllicottVillas and the Preferred Residences program, call (716) 699-6600, e-mail info@ellicottvillas.com or visit www.ellicottvillas.com.

About Preferred Residences

Preferred Residences is a hospitality branded membership and exchange program for luxury shared ownership resorts, private residence clubs, and condominium-style hotels. The program gives developers the opportunity to promote their upscale vacation residences within a network of exclusive accommodation and to deliver high-quality vacation experiences to owners of exceptional real estate. Members have access to a rich menu of benefits and services designed to enhance a sophisticated lifestyle. Preferred Residences is an alliance between Interval International, a leader in vacation ownership for more than 35 years and an operating business of Interval Leisure Group, and the Preferred Hotel Group, representing more than 800 of the world’s finest independently owned hotels in over 70 countries.

Note to Editors: Photo available upon request

Source: Preferred Residences

Preferred Residences
Chris Boesch, 305-925-7267
chris.boesch@intervalintl.com
or
EllicottVillas/Bullpen PR
Mark Wessel, 705-445-2733
mwessel@bullpenpr.com