MIAMI, FL (Dec. 18, 2012) — Interval International, a prominent worldwide provider of vacation services and an operating business of Interval Leisure Group (Nasdaq: IILG), today announced the renewal of its multi-site affiliation agreements with The Villa Group, one of Mexico’s leading independent hospitality development companies. The long-term contracts include seven existing shared ownership resorts in some of the country’s most highly demanded vacation destinations.
“We’ve partnered with The Villa Group for more than 25 years and are proud to continue to work with this dedicated, innovative team,” commented Craig M. Nash, chairman, president, and CEO of Interval Leisure Group. “They’re always ahead of the curve when it comes to providing the best possible vacation experiences to guests who visit their world-class properties.”
“Our respective companies have grown together in this exciting industry,” said Fernando González Corona, president of The Villa Group. “This collaboration has enabled us to continually expand the vacation options and services we offer our members and we look forward to many more successful years.”
The Villa Group entered the vacation ownership business in 1984 with Villa del Mar in Puerto Vallarta, followed by Villa del Palmar in the same location. Several years later, the company added Villa del Palmar Cabo in the Baja Peninsula. Today, the group’s portfolio also includes Villa del Palmar Flamingos Beach Resort & Spa in Riviera Nayarit, Villa del Arco in Cabo San Lucas, Villa del Palmar Cancun Mujeres Beach Resort & Spa in Cancun, and Villa del Palmar Beach Resort & Spa at the Islands of Loreto. The resorts are known for their spacious accommodations, upscale on-site amenities, exceptional beachfront settings, and signature customer service.
“We’ve been honored to be a part of creating lasting memories for our members and remain committed to providing them with the highest quality products and services in the industry,” noted Owen Perry, managing partner of The Villa Group.
Vacation owners will continue to be enrolled as members of Interval International, entitling them to a host of year-round benefits, including the opportunity to redeem their points for stays at other resorts in Interval’s global network. Depending on the number of points owned, they will receive either Interval Gold® or Interval PlatinumSM upgraded benefits. Interval Gold members receive discounts on Getaway vacation rentals; ShortStay Exchange®; a personal concierge service available 24/7 via phone and e-mail; and special offers at hotels, restaurants, and retail outlets worldwide. Members at the prestigious Interval Platinum level enjoy all Interval Gold advantages, plus an array of best-in-class leisure and lifestyle benefits and services, such as VIP airport lounge membership in more than 300 cities, priority Getaway vacation viewing, and more.
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 2,700 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 programs. Interval is an operating business of Interval Leisure Group, Inc. (Nasdaq: IILG), a leading global provider of membership and leisure services to the vacation industry.
About The Villa Group
The Villa Group is one of Mexico’s leading hotel, resort, and real estate development companies that specializes in purpose-built family-style accommodations with personalized service. With offices in Puerto Vallarta and Cabo San Lucas, the company is led by principals Fernando Gonzalez Corona, Owen Perry, and Luz Maria Torres González. The Villa Group is an integral component to the economic health of the regions where it has a presence and also is a responsible community citizen. It has been a longtime supporter of Eagles Wings Foundation, an independent foundation dedicated to helping the children and families of Mexico.