Miami, FL, January 15, 2010 –- Preferred Residences™, a hospitality branded membership and exchange program for luxury whole and shared ownership resorts offered by a subsidiary of Interval Leisure Group (Nasdaq: IILG), yesterday announced that Los Altos Club in La Romana, Dominican Republic, has joined its exchange network. Through this affiliation, owners participating in the rental program at Los Altos resort become members of Los Altos Club and have access to the membership and exchange privileges of Preferred Residences.
Designed by renowned architect Francisco Feaugas to reflect a gracious, tropical Caribbean style, Los Altos resort comprises 116 luxury villas and lofts. The residences are beautifully appointed with upscale finishes, elegant contemporary furniture, and set in lush gardens. They feature 10-foot vaulted ceilings, custom solid oak doors, travertine marble flooring, spacious living and dining areas, European-style kitchens with granite surfaces and stainless steel appliances, and oversized terraces.
“We’re very proud that Los Altos has chosen to join Preferred Residences,” noted David Gilbert, executive vice president of resort sales and marketing, Preferred Residences. “It is a distinctive property with best-in-class amenities and services, representative of the caliber of resort we envisioned when we launched the program.”
“With its award-winning design and high-quality construction, Los Altos offers all the comforts of an upscale residence and the extensive facilities of Casa de Campo, one of the finest and most complete resort communities in the Caribbean,” said Willy A. Bermello, AIA, AICP, developer of Los Altos and principal of BAP Development. “The prestige of the Preferred Residences brand is the perfect complement to our exceptional product.”
Among the wide array of amenities and activities that owners and guests can enjoy are a private beach, multiple international restaurants and bars–including Beach Club by Le Cirque, championship-level golf courses (Teeth of the Dog, Dye Fore, and The Links), Cygalle Healing Spa, fitness center, numerous tennis courts, an equestrian center, a polo field, a dude ranch, a shooting center for skeet and trap, a full-service marina, a day camp for children, and babysitting services.
Los Altos is adjacent to Altos de Chavón, a replica of a 16th century Italian village, with shops, restaurants, and numerous cultural attractions, including a 5,000 seat open-air theater.
In addition to the sales and marketing opportunities for developers, Preferred Residences offers owners “high-touch” exchange services and year-round leisure and lifestyle benefits tailored especially for discerning, affluent travelers. These include preferential pricing at participating Preferred Hotel Group affiliated properties worldwide, complimentary Prestige membership in Priority Pass™ airport VIP lounge program, personal concierge services accessible 24/7 online and via phone, discounts on the Delta AirElite private jet program, and complimentary annual membership in Hertz #1 Club Gold®.
About BAP Development
BAP Development was founded in 1999 by Bermello and engineer Luis Ajamil to address the demand for quality residential and mixed-use high-rise developments in South Florida. The company has been able to leverage the reputation and experience of its principals and the resources of its affiliated company, Bermello, Ajamil, and Partners, one of Florida’s largest architectural and engineering companies, to become one of the leading development firms in South Florida. BAP is continuing its expansion by identifying new locations with strong market potential throughout Florida, selected areas of the United States, and the Caribbean Basin.
About Preferred Residences™
Preferred Residences™ is a hospitality branded membership and exchange program for luxury fractional 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 accommodations 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 33 years and an operating segment of Interval Leisure Group, and the Preferred Hotel Group, representing more than 700 of the world’s finest independently owned hotels in over 75 countries.
CONTACT: Béatrice de Peyrecave
305-666-1861 ext. 7032
SOURCE: Preferred Residences