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CLUB PRIVÉ AT CAPE ROYALE LUXURY HOTEL AND RESIDENCE IN

SOUTH AFRICA CHOOSES PREFERRED RESIDENCES

Exclusive Membership and Exchange Programme Adds its First Locale on the Continent

London 29 March 2011 – Preferred Residences®, a hospitality-branded membership and exchange programme for luxury shared ownership resorts offered by an operating business of Interval Leisure Group (Nasdaq: IILG), announced today that Club Privé at Cape Royale Luxury Hotel and Residence has joined its network. Located in Cape Town, South Africa, Club Privé is a new shared ownership offering within this stately hotel.

Combining the familiarity and sophistication of Europe, and the vibrant spirit of Africa, the property is situated against Table Mountain, while featuring panoramic views of the city and the Atlantic Ocean. Club Privé’s deluxe two-bedroom suites feature open living and entertainment areas, fully-equipped kitchen, dining room fitted with a glass chandelier and seating for six guests, and double-glazed glass doors leading to a Juliet balcony. In the bedrooms, the queen and twin beds have silk-filled duvets and 300-thread count, Egyptian cotton linens. Each bedroom also boasts en-suite granite and porcelain bathrooms.

While enjoying the scenic locale, Preferred Residences members will be afforded all the world-class hotel amenities and services, including:

  • Multi-lingual concierge and front desk staff

  • Its signature 1800° restaurant and two other eateries

  • Roof-top sky bar and pool deck with 360 degree views of Table Mountain, Victoria and Albert Waterfront, and Table Bay Harbour

  • 24-hour room service

  • Equinox Spa and Wellness Centre; cardiovascular gym

  • 24-hour security and underground parking; valet parking and limousine services

  • Business centre with four executive boardrooms

  • Laundry and valet services

  • Complimentary Internet access throughout the mixed-use property

  • Childcare services

"It is a real pleasure to bring this great South African property to our Preferred Residences programme," said Darren Ettridge, vice president resort sales and service for Preferred Residences in Europe, Middle East and Africa. "The understated elegance of Cape Royale Club Privé, and its location in the heart of Cape Town minutes from the Victoria & Albert waterfront, beaches, and other attractions, will provide a dynamic urban vacation experience for our members."

 

“An affiliation with Preferred Residences is the perfect complement to our spectacular property, since it will offer our owners the opportunity to exchange the use of their luxury residences with similarly appointed residences around the world,” said Paschal Phelan, chairman of Phelan Holdings, developer and owner of the Cape Royale Luxury Hotel and Residence.“

“Club Privé is the pinnacle of a private residence club that provides its members with personalized, five star deluxe service, shared equity ownership of the finest luxury residences, flexibility of the leading global exchange portfolio of exclusive destinations worldwide, together with a Club Privé card that offers amazing benefits,” added Joop Demes, CEO of Pam Golding Hospitality, who initiated and structured the Cape Royale Club Privé product.

In addition to the sales and marketing opportunities for developers, Preferred Residences offers owners “high-touch” exchange services and year-round leisure and lifestyle benefits tailored especially for sophisticated, affluent travellers. These include preferential pricing at participating Preferred Hotel Group affiliated properties worldwide, complimentary Prestige membership in Priority Pass airport VIP lounge programme, personal concierge services accessible 24/7 online and via phone, discounts on the Delta Air Elite private jet programme, and complimentary annual membership in Hertz #1 Club Gold®.

 

About Cape Royale Luxury Hotel And Residence

The Cape Royale Luxury Hotel and Residence is situated in the tree lined village-in-the city of Green Point, Cape Town. An ideal location, it is minutes from the V&A Waterfront, CBD, beaches and other entertainment locations. With its Parisian flair, the hotel combines the sophistication of Europe with the vibrant spirit and unrivalled hospitality of South Africa. Distinctive décor is complemented by outstanding service.

The Cape Royale Hotel exudes superior quality through its French Classical architecture and contemporary interior design: from the elegant façade and entrance to the intimate and comfortable atmosphere of the designer furnished suites, the Cape Royale Luxury Hotel and Residence provides ideal holiday and business accommodation for discerning travellers seeking the very best in comfort and convenience.

The hotel is comprised of 130 spacious suites, and offers a choice of fine dining restaurants, executive meeting rooms and boardrooms, a Spa and Wellness Centre and a spectacular roof deck pool and bar. The Cape Royale Club Privé provides a perfect 'home away from home' experience, positioning itself at the pinnacle of luxury accommodation in the City.

About Preferred Residences

Preferred Residences is a hospitality branded membership and exchange programme for luxury fractional resorts, private residence clubs, and condominium-style hotels. The programme gives developers the opportunity to promote their upscale vacation residences within a network of exclusive accommodation and to deliver high-quality vacation experiences to owners of exceptional real estate. Members have access to a rich menu of benefits and services designed to enhance a sophisticated lifestyle. Preferred Residences is an alliance between Interval International, a leader in vacation ownership for more than 35 years and an operating business of Interval Leisure Group, and the Preferred Hotel Group, representing more than 800 of the world’s finest independently owned hotels in over 70 countries.​



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