3 April 2014
Interval International, a prominent worldwide provider of vacation services and an operating business of Interval Leisure Group (NASDAQ: IILG) said it has renewed its affiliation agreement with Marriott Vacations Worldwide Corp., a leading global pure-play vacation ownership Company (NYSE: VAC).
The multi-year contract extends the relationship established in 1990 and includes 53 shared ownership properties, as well as future resorts.
Marriott Vacation Club owners will continue to enjoy an array of leisure products and programs. These include internal and external vacation exchange services, offering the option of trading their accommodations for a resort within the Marriott Vacation Club portfolio or to one of hundreds of resorts in Interval´s worldwide network. In turn, other Interval members have the ability to exchange into Marriott Vacation Club´s beach, ski, golf, and spa resorts throughout the United States, the Caribbean, Europe, and Asia.
Marriott Vacation Club has more than 415,000 owner families and its resort portfolio extends to 33 internationally recognized vacation destinations. From its beginning as the first hospitality firm to enter vacation ownership, Marriott´s innovations have had a tremendous impact on shaping the industry. This year, the company is celebrating its 30th anniversary of providing exceptional experiences toms of vacationers.
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 since 1976.
Marriott Vacations Worldwide is a leading global pure-play vacation ownership company. For more information, visit www.marriottvacationsworldwide.com.