LAGUNA HILLS, CA (Dec. 18, 2013) — Vacation Resorts International (VRI), a provider of management and leisure services to vacation owners and an operating business of Interval Leisure Group (Nasdaq: IILG), has announced it has entered into a long-term agreement to provide property management services for The Hammocks on Bald Head Island, a fractional ownership retreat consisting of 23 luxurious homes situated at the southernmost point of North Carolina’s Cape islands.
VRI will provide a range of services, including property maintenance; financial expertise in the areas of accounting, billing and collections; resort management utilizing proprietary state-of-the-art software; and owner rental and vacation exchange services.
“We are thrilled to have the opportunity to work with the team at The Hammocks on Bald Head Island, a truly remarkable property in an unspoiled location overlooking the Cape Fear River and Atlantic Ocean,” said Rich Muller, VRI’s senior vice president of resort operations for the Northeast region. “Our goal is to ensure that this unique vacation experience is maintained for years to come.”
“We look forward to working with the professionals at VRI who will help our owners continue to enjoy the use of their beautiful homes and maximize time with family and friends,” added Cindy Capps, general manager of The Hammocks on Bald Head Island. “Our staff prides itself on accommodating all of our guests’ needs so they can relax and experience a carefree vacation in our tranquil seaside setting.”
Bald Head Island features 14 miles of ocean beach, 10,000 acres of protected salt marsh and tidal creeks, and a vast maritime forest preserve. Travel to the island is by passenger ferry or private boat and once on island, transportation is by electric car, bicycle or foot, helping to protect the island’s peaceful lifestyle.
The richly appointed two- and three-bedroom homes feature high ceilings and oversized windows. All include two large master bedrooms with private bathrooms and a whirlpool bath or garden tub. A spacious guest bedroom in three-bedroom homes has a private bath, creating a third master suite. In addition, all living areas have gas fireplaces and each home has roomy screened porches and open decks for enjoying the outdoors.
Amenities for owners include three valuable membership privileges. They enjoy the many offerings of the on-site Hammocks Club, which features a sauna, outdoor hot tub, heated pool, and billiards room. They also have access to the nearby Bald Head Island Club with golf, croquet, tennis, a swimming pool, pro shop and fitness room, and members’ grille and lounge. The spectacular oceanfront Shoals Club located at Cape Fear Point offers dining, swimming pools and direct beach access.
The harbor at Bald Head Island is a 20-minute ferry ride from Deep Point Marina in historic Southport, North Carolina, which is approximately 30 miles south of Wilmington, North Carolina, and 60 miles north of Myrtle Beach, South Carolina.
Equity owners at the property have the option to trade their vacation time in other properties around the world through Interval International, the Quality Vacation Exchange Network.
About Vacation Resorts International
Headquartered in Laguna Hills, California, Vacation Resorts International (VRI) provides resort and homeowner association management services to the shared ownership industry. VRI has regional offices around the country and manages more than 140 resort and club locations in North America for the approximately 250,000 families who own at VRI-managed properties. The VRI team has built its success as a team dedicated to “Perfecting the Art of Hospitality” for 30 years. VRI is an operating business of Interval Leisure Group (Nasdaq: IILG), a leading global provider of membership and leisure services to the vacation industry.
Source: Interval Leisure Group
Vacation Resorts International
Rich Muller, 508-771-3399