Interval International, a prominent worldwide provider of vacation
services and an operating business of Interval Leisure Group (Nasdaq:
IILG), announced the addition of Residence Club at Coco Bay and
Residence Club at Vista Ocotal, two shared ownership resorts in the
heart of the spectacular northern Pacific Coast of Costa Rica.
"Since we are new to the shared ownership business, we sought the
expertise of Interval - the industry's quality leader," noted Julian
Rembert, managing partner of Segovia de la Montaña Limitada and Vista
Ocotal GP Limitada, development entities of the respective resorts. "We
are confident that Interval's comprehensive benefits and services will
greatly assist us in meeting member and guest expectations for
exceptional vacation experiences."
Nestled on a hillside within the grounds of Coco Bay Estates, Residence
Club at Coco Bay is comprised of 33 spacious units with views of
landscaped gardens or Papagayo Bay. Each luxury residence features
elegant décor with warm colors and stone floors and includes living and
dining room, fully equipped kitchen, state-of-the-art electronics, and a
Residence Club at Vista Ocotal is located in the coastal resort
community of Playa Ocotal and has 19 studio, two- and three-bedroom
units surrounded by tropical gardens. Each has a living and dining room,
kitchen with stainless steel appliances and granite countertops, tile
flooring, and Wi-Fi access.
"We are pleased to welcome these outstanding resorts situated in the
desirable Guanacaste area," said Marcos Agostini, Interval's senior vice
president of resort sales and business development for Latin America.
"Coco Bay and Vista Ocotal are prime examples of successful conversions
from whole ownership to mixed-use in the region. We believe that the
addition of a timeshare component will assist the properties in
realizing their full potential."
Members at Coco Bay and Vista Ocotal have access to an array of
amenities at Coco Bay Estates, an exclusive development set on 136
acres. They include a restaurant, club house, tennis and fitness center,
spa services, sauna, 120-foot swimming pool, and the private Ocotal
Part of Costa Rica's Gold Coast, Guanacaste has some of the country's
most spectacular natural wonders. Outdoor enthusiasts can surf off
beautiful beaches, explore the waterfalls or hike to the volcano at
Rincon de la Vieja National Park, dive and go deep-sea fishing in Bahia
Salinas, play golf at several stunning courses in the area, and
bird-watch at Palo Verde National Park.
New purchasers at Residence Club at Coco Bay and Residence Club at Vista
Ocotal will become Club Interval Gold® members, entitling
them to trade their week or convert it to points for maximum exchange
flexibility. They also have access to a number of upgraded benefits and
services that they can enjoy year-round, including discounts on Getaway
vacation rentals, Hertz Gold Plus Rewards® membership,
Entertainment® discounts, and VIP ConciergeSM for
personal assistance, 24/7.
About Interval International
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. Today, Interval has an
exchange network of more than 2,800 resorts in over 75 nations. Through
offices in 16 countries, Interval offers high-quality products and
benefits to resort clients and about 2 million families who are enrolled
in various membership programs. Interval is an operating business of
Interval Leisure Group, Inc. (Nasdaq:IILG), a leading global provider
of membership and leisure services to the vacation industry.
Note to Editors: Photo available upon request.
Source: Interval Leisure Group