ILG Completes Securitization of Vacation Ownership Notes

ILG announced today that it has completed a term securitization transaction involving the issuance of $325 million of asset-backed notes. VSE 2017-A VOI Mortgage LLC, an indirect wholly-owned subsidiary of Vistana Signature Experiences, Inc. (“Vistana”) issued these notes in three tranches: $240 million of Class A notes rated AAA/AAA with an interest rate of 2.33%; $59 million of Class B notes rated A/A with an interest rate of 2.63%; and $26 million of Class C notes rated BBB/BBB with an interest rate of 2.93%. The notes are backed by vacation ownership loans from both Vistana Signature Experiences and Hyatt Vacation Ownership and had an overall weighted average coupon of 2.43%. The advance rate for this transaction was approximately 97%.

ILG Recognized as One of Fortune’s “100 Fastest-Growing Companies”

ILG, Inc. (Nasdaq: ILG), a leading provider of professionally delivered vacation experiences and the exclusive global licensee for the Hyatt®, Sheraton®, and Westin® brands in vacation ownership, announced it has been named to the 2017 Fortune magazine list of the 100 Fastest-Growing Public Companies, ranking 87th overall. This is the company’s first year on the prestigious list, which recognizes the best three-year performers in terms of revenues, profits, and stock return.

ILG Reports Second Quarter 2017 Results

August 4, 2017 – ILG (Nasdaq: ILG) yesterday announced results for the second quarter ended June 30, 2017. “We are pleased with our results for the second quarter, which reflect a significant contribution from Vistana. On a pro forma basis, our branded vacation ownership sales and marketing platform delivered an increase of 21% in consolidated…

The Westin Los Cabos Resort Villas & Spa Opens As An All-Villa Oceanfront Resort On Mexico’s Pacific Coast

Reinforcing the Resurgence of Los Cabos as a Premier Destination, the Resort Sets a New Standard for Well-being in the Region June 20, 2017 – Vistana™ Signature Experiences, owner and operator of Westin Vacation Club resorts and an operating business of ILG (Nasdaq: ILG), today announced the grand opening of The Westin Los Cabos Resort…

Pool Parties, Camping, Fireworks and Summer Bites

What’s New at Aqua-Aston Hospitality, One of Hawaii’s Largest Hotel Management Companies June 20, 2017 – With an everchanging list of hotel upgrades, new programming, feature events, and one-of-a-kind dining experiences, Hawaii vacationers have a lot to look forward to at hotels and resorts managed by Aqua-Aston Hospitality. From summer camping, epic Fourth of July fireworks…

ILG To Participate in Oppenheimer Consumer Conference and SunTrust Robinson Humphrey Vacation Ownership & Exchange Conference

June 15, 2017 – ILG, Inc. (Nasdaq: ILG) announced that it will participate in the Oppenheimer Consumer Conference and SunTrust Robinson Humphrey Vacation Ownership & Exchange Conference to be held in Boston on June 20 and New York City on June 21, respectively. Craig M. Nash, chairman, president and CEO; William Harvey, CFO; and Lily Arteaga, vice president of investor relations, are scheduled to attend the conference. Nash will participate in…

ILG to Participate in Goldman Sachs Lodging, Gaming, Restaurant and Leisure Conference and Baird Global Consumer, Technology & Services Conference

June 2, 2017 – ILG, Inc. (Nasdaq: ILG) announced that it will participate in the Goldman Sachs Lodging, Gaming, Restaurant and Leisure Conference and Baird 2017 Global Consumer, Technology & Services Conference to be held in New York, New York, on June 6 and June 7, respectively. Craig M. Nash, chairman, president and CEO; William Harvey, CFO; Serge Rivera, president and CEO of the vacation ownership…

ILG Reports First Quarter 2017 Results

May 8, 2017 — ILG (Nasdaq: ILG) yesterday announced results for the first quarter ended March 31, 2017. “Our results for the first quarter were in-line with our expectations reflecting a significant contribution from Vistana, as well as continued investment in the long-term growth of our business,” said Craig M. Nash, chairman, president, and CEO…

Vacation Resorts International Signs Management Contract with Crystal Coast Beach Resort in North Carolina

March 6, 2017 – Vacation Resorts International (VRI), a provider of management and leisure services to vacation owners and an operating business of  ILG (Nasdaq: ILG), announced that it has entered into a property management agreement with A Place at the Beach III located in picturesque Atlantic Beach, North Carolina. VRI is known for its…

OWN Hotels Group Affiliates Fifth Branded Property In South America With Interval International’s Global Vacation Exchange Network

Interval International, a leading global provider of vacation services and an operating business of ILG (Nasdaq: ILG), announced the affiliation of OWN Nuevo Madero, a boutique condo-hotel in Buenos Aires, Argentina. The property is part of the OWN Hotels Group, a company whose portfolio of resorts is characterized by personal service, upscale amenities, and cosmopolitan…

BAHIA DEVELOPER AFFILIATES POUSADA TERRA & MAR’S VACATION CLUB WITH INTERVAL INTERNATIONAL

Interval International Reaches 500,000 Facebook Fans

Interval International, a prominent worldwide provider of vacation services, announced that it has reached 500,000 fans on Facebook. This milestone makes Interval the first company in the timeshare segment to achieve the half-million mark on this important social network.   “As the largest online community, Facebook has transformed the way consumers acquire information and how…