Trading Places International (TPI), a provider of management and leisure services to vacation owners and an operating business of Interval Leisure Group (Nasdaq: IILG), today announced it has entered into a property management agreement with Ocho Cascadas in Puerto Vallarta, Mexico.
As part of the agreement, TPI will deliver a variety of services, including reservations; financial assistance in the areas of planning, budgeting, and forecasting in concert with the association board of directors; and communications between the association and its members. In addition, TPI will oversee resort operations such as front-desk check-in, housekeeping, and unit maintenance.
“We’re very excited about the opportunity to offer our expertise to this luxury resort in such an appealing destination,” said Marcus Wood, executive vice president of business development for TPI. “Ocho Cascadas provides its owners and guests a warm ambiance and exceptional family vacation experiences.”
The spacious villas each have a private pool or Jacuzzi overlooking the Bay of Banderas and downtown Puerto Vallarta. Known for its award-winning, open-air architecture and five-star personal services, Ocho Cascadas also features a floating personal chef, in-villa massages, and on-site concierge.
Located on Mexico’s Pacific coast, Puerto Vallarta is one of the country’s most popular vacation spots. With its lush mountain landscape and picturesque cobblestone streets, the once sleepy village is now a hub for stylish restaurants and shopping. Visitors can also relax on the white sandy beaches or enjoy a variety of water sports, including deep-sea fishing, snorkeling and diving; or golf at one of several spectacular courses with bay views.
About Trading Places International
Trading Places International (TPI), a vertically integrated resort management company, also delivers exchange and other leisure services to more than 200,000 vacation owners. With a focus on quality and value, it provides management services to more than 20 resort and club locations in the mainland U.S., Hawaii, Mexico, and Canada. Founded in 1973, the company is headquartered in Lake Forest, California. TPI is an operating business of Interval Leisure Group (Nasdaq: IILG), a leading global provider of non-traditional lodging, encompassing a portfolio of leisure businesses from exchange and vacation rental to vacation ownership.