LAGUNA HILLS, Calif.--(BUSINESS WIRE)--
Vacation Resorts International (VRI), 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 long-term agreement to provide
property management services for The
Hammocks on Bald Head Island, a fractional ownership retreat
consisting of 23 luxurious homes situated at the southernmost point of
North Carolina's Cape islands.
VRI will provide a range of services, including property maintenance;
financial expertise in the areas of accounting, billing and collections;
resort management utilizing proprietary state-of-the-art software; and
owner rental and vacation exchange services.
"We are thrilled to have the opportunity to work with the team at The
Hammocks on Bald Head Island, a truly remarkable property in an
unspoiled location overlooking the Cape Fear River and Atlantic Ocean,"
said Rich Muller, VRI's senior vice president of resort operations for
the Northeast region. "Our goal is to ensure that this unique vacation
experience is maintained for years to come."
"We look forward to working with the professionals at VRI who will help
our owners continue to enjoy the use of their beautiful homes and
maximize time with family and friends," added Cindy Capps, general
manager of The Hammocks on Bald Head Island. "Our staff prides itself on
accommodating all of our guests' needs so they can relax and experience
a carefree vacation in our tranquil seaside setting."
Bald Head Island features 14 miles of ocean beach, 10,000 acres of
protected salt marsh and tidal creeks, and a vast maritime forest
preserve. Travel to the island is by passenger ferry or private boat and
once on island, transportation is by electric car, bicycle or foot,
helping to protect the island's peaceful lifestyle.
The richly appointed two- and three-bedroom homes feature high ceilings
and oversized windows. All include two large master bedrooms with
private bathrooms and a whirlpool bath or garden tub. A spacious guest
bedroom in three-bedroom homes has a private bath, creating a third
master suite. In addition, all living areas have gas fireplaces and each
home has roomy screened porches and open decks for enjoying the outdoors.
Amenities for owners include three valuable membership privileges. They
enjoy the many offerings of the on-site Hammocks Club, which features a
sauna, outdoor hot tub, heated pool, and billiards room. They also have
access to the nearby Bald Head Island Club with golf, croquet, tennis, a
swimming pool, pro shop and fitness room, and members' grille and
lounge. The spectacular oceanfront Shoals Club located at Cape Fear
Point offers dining, swimming pools and direct beach access.
The harbor at Bald Head Island is a 20-minute ferry ride from Deep Point
Marina in historic Southport, North Carolina, which is approximately 30
miles south of Wilmington, North Carolina, and 60 miles north of Myrtle
Beach, South Carolina.
Equity owners at the property have the option to trade their vacation
time in other properties around the world through Interval
International, the Quality Vacation Exchange Network.
About Vacation Resorts International
Headquartered in Laguna Hills, California, Vacation Resorts
International (VRI) provides resort and homeowner association management
services to the shared ownership industry. VRI has regional offices
around the country and manages more than 140 resort and club locations
in North America for the approximately 250,000 families who own at
VRI-managed properties. The VRI team has built its success as a team
dedicated to "Perfecting the Art of Hospitality" for 30 years. VRI is an
operating business of Interval Leisure Group (Nasdaq:IILG), a leading
global provider of membership and leisure services to the vacation
Note to Editors: Photo available upon request.
Source: Interval Leisure Group