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%.

16 Vistana Signature Experiences Resorts Recognized with TripAdvisor Certificate of Excellence Awards

July 28, 2017 – VistanaTM Signature Experiences, developer of Sheraton Vacation Club and Westin Vacation Club resorts, received 16 TripAdvisor® Certificate of Excellence awards. Now in its seventh year, the TripAdvisor Certificate of Excellence recognizes businesses that consistently earn great reviews on the site and is intended to help travelers more confidently make their booking…

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…

Vistana Signature Experiences Earns Multiple ARDA Awards

April 10, 2017 – Vistana™ Signature Experiences, developer of Sheraton Vacation Club and Westin Vacation Club resorts and an operating business of ILG (Nasdaq: ILG), announced that The Westin Princeville Ocean Resort Villas received the prestigious Circle of Excellence “ACE” Community Service and Philanthropic Award at the recent American Resort Development Association (ARDA) convention in New…

VISTANA SIGNATURE EXPERIENCES RECOGNIZED BY “WORLD’S LARGEST TRAVEL SITE” FOR ITS SHERATON AND WESTIN VACATION CLUB VILLA RESORTS

Vistana Signature Experiences Recognized by “World’s Largest Travel Site” for its Sheraton and Westin Vacation Club Villa Resorts

VistanaTM Signature Experiences, a leading developer, owner and operator of high-end vacation ownership resorts, has announced that 16 of its Sheraton® Vacation Club and Westin® Vacation Club villas resorts have received the 2016 TripAdvisor® Certificate of Excellence. The prestigious honor recognizes hospitality companies that consistently deliver a high-quality customer experience. “This recognition strengthens our long-standing…