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INTERVAL INTERNATIONAL ADDS RIMONDI GRAND HOTEL & SPA RESORT TO GLOBAL VACATION EXCHANGE NETWORK  

London, 13 January 2011 – Interval International, a prominent worldwide provider of vacation services and an operating business of Interval Leisure Group (Nasdaq: IILG), has added Rimondi Grand Hotel & Spa Resort on Crete, one of Greece’s most popular holiday islands. Set on a hillside overlooking the Mediterranean Sea on the island’s north coast, the mixed-used community includes a proposed 137 fractional residences, with spectacular sea and mountain views.

“Year after year, Greece is named among Europe’s best-loved holiday destinations by media and travel companies,” said Darren Ettridge, Interval’s vice president of resort sales and service for Europe, Middle East, and Africa. ”Rimondi Grand Hotel & Spa Resort offers that rare combination of peace, pampering, and easy proximity to shopping and entertainment. The setting feels secluded, yet the picturesque 16th-century Venetian harbour town of Rethymno is only minutes away.”

The resort is comprised of one- and two-bedroom suites and two- and three-bedroom villas. All have spacious layouts that include a large furnished balcony or terrace. Interior décor combines traditional stone features with sleek modern conveniences such as high-definition plasma TV with cable/satellite service. A special feature of the villas is their separate lounge with kitchenette and private pool.

Named after the historic fountain in the heart of Rethymno—that still supplies freshwater via three stone lions—Rimondi Grand Hotel & Spa Resort is nestled in a traditional olive grove. The grounds are dotted with villas, apartments and hotel suites, with none being taller than two stories high.

Members purchasing five-week fractional shares have access to a secluded beach, swimming pool, and a wellness spa with an indoor pool and exercise room. There are several restaurants on site, as well as a mini-market. Members and guests also have access to hotel amenities, including room service and a 24-hour concierge.

“Many places in the world are beautiful, but Greek people always welcome guests like long-lost friends,” noted Mr. Panayiotis Yiannatos, head of Rimondi Resorts. “Rimondi Grand Hotel & Spa Resort was designed with traditional values and wellness in mind, so we look forward to warmly welcoming Interval International members with a peaceful, luxury home base from which to explore the cultural and historical treasures of Crete.”

Crete is renowned as the birthplace of Zeus, the king of gods in Greek mythology, and blessed with a mild climate and postcard-perfect scenery including more than 650 miles of dramatic coastline. The Greek Islands ranked second in a Daily Telegraph newspaper poll of “Top 6 Best European Destinations” and fourth on Lonely Planet’s list of “Must Visit” destinations for 2010.

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 for 35 years. Today, Interval has an exchange network of more than 2,500 resorts in over 75 nations. Through offices in 14 countries, Interval offers high-quality products and benefits to resort clients and approximately 2 million families who are enrolled in various membership programs. Interval is an operating segment of Interval Leisure Group, Inc. (Nasdaq: IILG), a leading global provider of membership and leisure services to the vacation industry.​



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Interval International, 6262 Sunset Drive, Miami, FL 33143
www.intervalworld.com    www.resortdeveloper.com