Global Expansion for Interval International

Vacation Exchange Company Sees Tremendous Growth Throughout EMEAA Region

In addition to the continued growth in North America, Miami-based Interval International has substantially increased the size of its network of affiliated resorts throughout the rest of the world during the past 12 months. Interval, a prominent worldwide provider of vacation services and an operating segment of Interval Leisure Group, has announced key affiliations in Africa, Asia, Europe and the Middle East, and is poised for additional growth despite the challenges presented by the global economy. Here’s a look, region by region, at the major affiliations that Interval has announced over the past year:

Mjejane Game Reserve. This South African property is a breathtaking 10,000-acre (4,000- hectare) reserve within the greater Kruger National Park, one of the largest natural biospheres in the world. Enjoying a unique location  overlooking the Crocodile River, the mixed-use development will offer its owners unparalleled “big five” game and bird viewing, with a combination of two-, three- and four-bedroom apartments upon completion later this year. Onsite amenities include a swimming pool and restaurant that features local and Mediterranean cuisine, with plans to add tennis courts.

But central to all activities at the reserve is the proximity of all types of living creatures – from hippopotami and giraffes to tortoises and leopards to more than 500 species of birds. Guests can experience herds of up to 600 buffalo, countless elephant, lion, leopard and numerous other game and bird species virtually on their doorstep.

The reserve is adjacent to the exclusive Mjejane Safari Lodge that will include an elegant restaurant, pub, lounge, small conference room, spa, gym, shop and an elevated viewing hide among its amenities.

Zorgvliet Private Residence Club.
This affiliation covers six outstanding resorts in South Africa, sold on both a  fractional and traditional timeshare basis. Holiday options available through the club’s resorts include safaris, South Africa’s famed wine region and Garden Route, and health and spa resorts. The resorts included in the affiliation are:

• Ka’Ingo Private Reserve and Spa. A luxury African bush experience developed as a prime private big-five game animal reserve on the Mokolo River through three safari camps – one offering self-catering, one fully integrated hospitality and one six-room private lodge.

• Dinkweng Safari Camp at Ka’Ingo. Comprising luxury secluded bush lodges with modern kitchen, open-plan layout, three master en suite bedrooms and own pool.

• Riviera on Vaal Hotel and Country Club. An exceptional inland resort on the banks of the Vaal River with high class lifestyle, leisure and sporting facilities, including golf, spa treatments, dining, river cruises and a floating restaurant.

• Zorgvliet Vineyard Lodge and Spa and Alluvia Specialist Winery and Guesthouse. Both situated close to Cape Town in the beautiful Banhoek Valley outside Stellenbosch, Zorgvliet is an awardwinning working wine farm.

• Protea King George Hotel. This gem of the famed Garden Route overlooks the Outeniqua Mountains and is situated on the George golf course.

Bengal Vacation Club. Due for completion in October 2011, this resort is situated in Cox’s Bazar, one of the most popular tourist areas in Bangladesh. The Bengal Vacation Club will offer guests miles of golden sands on the world’s  longest natural white sand beach, which slopes down to the blue waters of the Bay of Bengal. Planned units include a  mixture of studios, one- and two-bedroom units all with sea views. The resort is being built to high eco-friendly  standards embodying the principles of “recycle, renew, reuse, reduce, and rethink”. [member]

The Vacation Club facilities are expected to include a cinema, clubhouse, exercise room and health club, hot tub,  indoor and outdoor swimming pools, tennis, waterskiing facilities and restaurants featuring Oriental seafood, Indian and Continental cuisines. Amenities close by include boat rentals and horseback riding, and there is a selection of local restaurants and bars. The beach itself is backed by a chain of hills that run parallel to the sea for almost its entire length, and towering cliffs, ancient pagodas and Hindu temples make it a natural attraction. Waterfalls, a game park, coral islands and tribal villages nearby add to its charm.

Mayhills Resort.
Three hours from Seoul, this resort is located in Gangwon Province, one of the most popular ski areas in the Republic of Korea. In addition to its spectacular panoramic mountain views, the four-season resort is at the  center of a wide range of indoor and outdoor activities. The 357 studio, one-bedroom and two bedroom units occupy a 12-storey tower with views of several mountain ranges. Each timeshare unit has a balcony, cable or satellite TV and kitchen, and some units are wheelchair-accessible. Owners and guests can access two restaurants, a fitness center, sauna, game room and convenience store on site. The area is laced with bike trails and has a lake and children’s  playground.

Five minutes from the slopes, the resort is also close to Korea’s largest casino. With 132 tables and 960 slot machines and video games, Kangwon Land Casino is also the only casino in the country that welcomes Korean nationals to gamble. Indoor venues also include one of the world’s largest indoor water parks.

Panchwati Vacations. Located 20 minutes from the vibrant city of Kolkata on the northeast coast of India, this  mixed-use property is situated in a tranquil location and is in an ideal place from which visitors can experience this magnificent former capital of India. Amenities include a swimming pool and boating lakes. The Lakeland Country Club is on-site, with facilities including tennis, squash, gymnasium, indoor games room, a bowling alley and go-karting. The city of Kolkata, formerly known as Calcutta, is a short drive away from the resort where visitors can visit numerous art galleries, museums, and historic landmarks. These include the Writers Building, Kolkata’s government facility; the  Victoria Memorial, dedicated to Queen Victoria when she was declared Queen of India during the British Raj; and the Calcutta Cricket Club, the oldest cricket club outside the British Isles, dating back to 1792.

Peninsula Bay Resort. Situated on the Indonesian island of Bali, this is the latest vacation ownership property developed by British entrepreneurs, Roger and Alan Thomas, who became captivated by the island’s magic on their  first visit there back in the early 1990s.

Upon completion, the purpose-built project will feature 65 one- and two-bedroom units, all with sea-facing views.  Located on the waterfront of Nusa Dua overlooking the golden sand beaches of Benoa Bay, the resort is being built using contemporary Balinese architecture and is set within lush tropical gardens to create an eco- friendly atmosphere. The new property is just a fiveminute drive from Peninsula Beach Resort, with shuttle service between the two, so that owners are free to enjoy the amenities at both.

Planned amenities at Peninsula Bay Resort are an on-site spa, swimming pool, gym, two restaurants and three bars. In nearby Nusa Dua, there are a number of golf courses, water sport offerings that include surfing and scuba diving and day trips to Serangan Island, a local turtle-conservation area. Visitors can also shop at the Bali Collection, with its selection of upscale shops and restaurants.

West Sands Phuket Beach Club. Set on 48 acres of land with its own 500 meters of private beachfront, this resort is situated on Mai Khao Beach on Phuket’s favored west coast and close to Phuket International Airport, international golf courses, Blue Canyon Country Club and Yacht Haven Marina. West Sands Resort has been designed to maximize living standards and quality of life with accommodation set in landscaped grounds with free-form swimming pools. The one-, two- and three-bedroom residences all feature balconies, fullyequipped kitchens and luxurious bathrooms.

Mai Khao, which is part of the Sirinat National Park, is home to golden sands which stretch out for 15 kilometers along the Andaman Sea and is the longest beach in Phuket. Activities in and around the area include water sports, sailing, diving and fishing. Activities inland include elephant riding, trekking, golf and horseback riding. Guests will also have access to Waterworld Water Park with facilities including fitness center, cooking school, National Geographic Dive Centre, swimming pools, tennis and squash courts and spa.

Dames De La Mer.
This fractional ownership project comprises a fleet of sailing boats. Based in Turkey, the yachts will operate in the Eastern Mediterranean. The home marina of Dames De La Mer is Netsel Marmaris located on the outskirts of the town of Marmaris, which is 90 kilometers from Dalaman Airport, from where clients will be collected and returned. The marina itself has a capacity of 720 moorings, electric and water connections, a tennis court,  swimming pool, 10 restaurants and 2 café bars. There is a supermarket on site, a local market nearby and 24-hour security.

The sailing boats are constructed by the French company Beneteau. All are Cyclades 50.4 class with four double  cabins, each with its own bathroom, and a single cabin with bathroom for the captain. The saloon area of the boat consists of a lounge, kitchen and a navigation table for the captain’s use. All boats are fully crewed and can either be sailed or powered by the 110hp diesel engine on board. Rather than following a fixed route, guests will be taken to various secluded bays during the day and to different harbors for the night.

Firstlight The K Club. This resort is on the grounds of The K Club Golf and Spa Resort in the beautiful County Kildare countryside 22 miles (35 km) from Dublin, Ireland. Firstlight The K Club owners will benefit from full family membership of the K Club, including its two championship golf courses. The resort’s acres of parkland are laced with walking and cycling paths, and also include a luxury hotel, country club amenities, and full service spa. The resort is set on a stretch of the River Liffey with an elegantly restored 19th century Georgian mansion, originally modeled after a French chateau, as its centerpiece. In 1991, the historic property was converted into a 36-room hotel and country club surrounded by the original Arnold Palmer-designed golf course. Since then, a second course – the Palmer Smurfit course, was developed, along with an additional 33 rooms and suites, a second clubhouse, and full-service spa and
leisure center. Plans call for the acquisition of approximately 30 ready-to-occupy luxury apartments and detached homes in a residential development called Ladycastle.

Members purchasing six-week shares of spacious and stylishly appointed two- and three-bedroom apartments and three- and four-bedroom houses will have full access to the amenities offered by The K Club Golf and Spa Resort. In addition to world-class golf, there is a spa with eight treatment rooms, a pool, Pilates studio, gym with personal trainers, poolside Jacuzzi, and outdoor hot tub.

Geovillage Sport and Wellness Resort. Designed around the principles of sport and wellness, this resort includes the Malo Clinic Spa and Fitness Centre, and counts champion tennis stars and top soccer teams from across Europe among its guests. Geovillage, set on 14 hectares (35 acres) of lush Mediterranean gardens, is located near Olbia on the northeast coast of Sardinia, Italy, with the luxurious Costa Smeralda nearby.

The resort includes timeshare units within the existing hotel that are spacious, filled with natural light and designed in a modern style, featuring bleached wood furniture. Amenities include an outdoor Olympic-size swimming pool and two indoor pools, four synthetic and six clay tennis courts, wet and piano bars, and a restaurant, in addition to the world-class spa and fitness center. It is only a few kilometers from the beach of Pittulongu.

Pafiana Heights. Located in the outskirts of Paphos on the southwest coast of Cyprus, this resort comprises 57 units that are furnished to high standards. From 700 feet above sea level, there are breathtaking panoramic views from all the rooms overlooking the Paphos coastline and mountains.

Amenities at the property include a spa with sauna and whirlpool, a gym and fitness center, indoor and outdoor swimming pools, a gourmet restaurant and a roof garden with bar. Guests also have access to on-call chef/butler and concierge services.

Domina Golf and Ski Resort. Situated in the Italian Alps in the northeast region of Friuli Venezia Giulia, this resort in Tarvisio is on the borders of Italy, Austria and Slovenia. This mountain resort will offer both 60 kilometers of alpine and cross country ski trails and an 18-hole golf course that overlooks the resort.

For those wanting a more relaxing experience, there will be a wellness center where members will be able to enjoy a variety of treatments.The resort is due to be completed in the summer of 2010 and amenities planned for the complex consist of a restaurant, bar, spa, indoor pool and a sauna. Activities close by include horseback riding, mountain biking, climbing, tennis, fishing and paragliding. During the winter, visitors can enjoy horsedrawn sleigh rides and skiers can explore countless downhill and cross-country trails. In summer, Lake Raibl offers many water sports, including windsurfing, canoeing, rafting, hydrospeed and kayaking. The golf course has wide greens and spacious fairways and is surrounded by forest, which could result in challenging rounds for players.

The Middle East
Emirates Vacation Club.
This private residence club is in the heart of Dubai, one of the seven emirates of the United Arab Emirates (UAE). The Emirates Vacation Club’s first phase will consist of 32 luxury units located within the luxurious 48-story Emirates Grand Hotel. Already a landmark on the skyline of a city renowned for its innovative architecture, the hotel’s Suites Tower has a rotating glass entrance and intricate, hand-crafted wooden wall panels in its soaring lobby.

The first phase of the private residence club will consist of studio, one and two-bedroom units designed for comfort with fully equipped kitchen and dining areas and modern conveniences such as high-speed internet connection, LCD TV, DVD player and IDD telephone. Most units have breathtaking views from their floor-to-ceiling windows. Members purchasing fractional interests or single weeks will enjoy a spectacular range of amenities, including a rooftop  swimming pool with panoramic views and an exclusive spa on the 45th floor. Guests can also enjoy a gymnasium, tennis court, and two restaurants and lounges.

Gardenia Resort. Located in the holiday town of Hurghada on Egypt’s famed “Red Sea Riviera” and scheduled for completion in 2011, this mixed-use property will be situated within easy reach of nearby golden sand beaches and local night life. Plans for the purpose-built resort call for 175 timeshare units in a mixture of studios and one- and two-bedroom units.

Facilities on-site are anticipated to include restaurants and bars, a number of swimming pools, a health club and a kids’ corner. Visitors can try their hands at sailing, deepsea fishing, and windsurfing. The area is most noted for snorkeling and diving since the offshore reefs are considered some of the finest in the world. For those who wish to keep their feet dry, the Aquarium houses a spectacular array of marine species and the Marine Biology Museum has a fine collection of Red Sea flora and fauna.

Porto Vacation Club.
This vacation club initially will consist of units at Porto Marina, an exclusive, multi-use resort on Egypt’s Mediterranean coast, with two additional resorts, Golf Porto Marina and Porto Sokhna, to follow. Porto Vacation Club is the latest venture of the Amer Group, a leader in Egypt’s tourism, entertainment, and real estate industries for more than 20 years. One of its signature achievements is the creation of the “Porto World” concept that has evolved into a brand synonymous with gracious family lifestyle experiences and is evident in all aspects of its newly launched vacation club.

The Porto Marina complex is built on a truly grand scale featuring a broad, palmlined promenade with 180 designer shops, 11 restaurants and al fresco cafes, ending with a stunning white-sand beach. The mixed-use property has a total of 1,200 one- and two-bedroom apartments, and includes a 378-room luxury hotel with stunning views of the Mediterranean. The resort is located in El Alamein, easily accessed by road from Cairo and Alexandria. Porto Marina’s state-of-the-art 1,200-berth marina can accommodate crafts up to 100 meters in length and was the site of the 2007 World Powerboat Championship. Its spa is one of the largest and best-equipped wellness centers in the country, offering a range of therapies and treatments. Other resort amenities include five pools (four outdoor and one indoor) with water jets, slides and waterfalls, and activities ranging from tennis to parasailing.  The Grand Canal (with gondolas) and Piazza de Espana, where plays and concerts are staged in a setting reminiscent of Rome’s Spanish Steps, give Porto
Marina an international ambience.

• Later this year, Golf Porto Marina will be added to the vacation club. Only five minutes from Porto Marina and also located on the Mediterranean, the resort will bring the first 18-hole championship golf course to the coast, along with Olympic City, a training facility for sports professionals. The mixed-use property includes 5,100 apartments offering concierge and housekeeping services, as well as around-the-clock room service. In addition, the resort will ultimately have a luxury hotel, mega-mall with 200 shops, 12 restaurants, and a water park with Las Vegas-style dancing fountain.

Porto Sokhna, which overlooks the Red Sea, will add another range of two-bedroom apartments at the Group’s third mixed-use resort next year. Following Amer’s successful blueprint, this complex will blend 1,600 apartments housed in a pyramid-style building into a resort setting. Facilities include a 49-unit suite hotel, 18-hole championship golf course, spa, and mall with 150 shops. One of the 12 on-site restaurants—accessible only by cable car—will feature stunning mountaintop views.

Royal Club at Bonnington Tower. The 40-story, five-star Bonnington Tower is located in the heart of Jumeirah Lakes Towers, one of Dubai’s most prestigious residential and commercial communities.

Royal Club at Bonnington consists of 30 spacious one-, two- and three-bedroom apartments furnished to the highest standards, boasting large balconies overlooking the stunning “New Dubai” skyline and the Jumeirah Lakes. Owners and guests also can enjoy a wide range of on-site amenities, including six restaurants and bars, state-of- the-art gym, hairdressing salons and 24-hour concierge service. The unique double-height leisure deck on the 11th floor has an infinity pool open to the elements on three sides. The newest Royal Club is convenient to the Dubai International Airport, and to major malls, including the Mall of the Emirates, with its indoor ski resort, and the Dubai Mall, one of the largest luxury malls in the world.

In review, David Clifton, managing director Europe, Middle East, Africa and Asia added “This has been a great period for us, despite the world’s current challenging economic environment. We’ve seen new affiliations covering the length and breadth across all regions, from Ireland in the west to Korea in the east, with quite a variety of new Shared  Ownership (SO) products being offered by both branded and independent developers. We have added a game reserve, ski resorts, golf and spa resorts, sailing boats as well as our more traditional kind of SO resorts. This shows what I believe to be the great strength of the SO business model, and is evidence that our industry remains attractive to both developers and consumers alike.” [/member]