Published: March 10, 2010
Interval International and Marriott Vacation Club International Celebrate 20-Year Relationship with Long-Term Renewal
MIAMI - (BUSINESS WIRE) - Interval International, a prominent worldwide provider of vacation
services and an operating segment of Interval Leisure Group, Inc.
(Nasdaq: IILG), today announced the renewal of its master affiliation
agreement with Marriott Vacation Club International, the timeshare
division of Marriott International, Inc. (NYSE:MAR). The multi-year
agreement extends the relationship first established in 1990 between two
leaders in the shared ownership industry, each highly regarded for their
commitment to quality, exemplary customer service, and innovation.
Interval will continue to provide Marriott Vacation Club owners with
both internal and external vacation exchange services, as well as an
array of other leisure programs and benefits that reinforce the value
proposition of their purchase. These include offering the option of
trading their accommodations for a resort within the Marriott portfolio
or from among the 2,500-plus resorts in Interval's worldwide network. In
turn, other Interval members have the opportunity to exchange into
Marriott Vacation Club's beach, ski, golf, spa, and themed-entertainment
resorts in internationally recognized vacation destinations.
"We have worked collaboratively with Marriott for the past two decades
on ground-breaking initiatives that have been instrumental in the growth
of both businesses and of the vacation ownership industry," said Craig
M. Nash, chairman, president, and chief executive officer of Interval
Leisure Group, parent company of Interval International. "It has been
very rewarding to share a common vision based on quality and integrity
in everything we do."
"Interval has played an integral part in helping fulfill Marriott's
brand promise. For 20 years, we have created memorable vacations
together and exceeded owners' expectations," said Stephen P. Weisz,
president of Marriott Vacation Club International. "We look forward to
continuing our partnership with the Interval team and introducing
exciting innovations that will further enhance our owners' experiences."
Marriott Vacation Club has more than 400,000 owner families and a
portfolio of 52 resorts in 33 destinations throughout the U.S.,
Caribbean, Europe, and Asia. The company recently celebrated the opening
of its latest resort, Marriott's Oceana Palms - The Palm Beaches on
Singer Island in Riviera Beach, Florida. From its beginning as the first
hospitality firm to enter the timeshare industry, Marriott's innovations
and impact on vacation ownership have helped shape the dynamic industry
it is today.
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 for more than 33 years. Today,
Interval has an exchange network of more than 2,500 resorts in over 75
nations. Through offices in 16 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.

Interval International
Chris Boesch, 305-666-1861 ext. 7267
Chris.Boesch@intervalintl.com
Copyright © 2012, Business Wire, Inc., All rights reserved.
Copyright © 2012, NewsBlaze,
Daily News