MIAMI, FL, March 15, 2010 – Interval International, a prominent worldwide provider of vacation services and an operating segment of Interval Leisure Group (Nasdaq: IILG), today announced that Pacifico Diamante Private Residence Club in Acapulco has joined its exchange network.
The property will feature 200 three- and four-bedroom fractional units being built in five phases during the next several years. They have been designed with a sophisticated contemporary décor and feature spacious dining and living rooms, marble floors, fully equipped gourmet kitchens with granite countertops and stainless steel appliances, state-of-the-art electronics, Wi Fi Internet access, and private outdoor terraces.
“Pacifico Diamante will provide our members with the opportunity to experience Acapulco — one of Mexico’s oldest and most iconic vacation destinations — from a new vantage point,” noted Marcos Agostini, Interval International’s vice president for Latin America, resort sales and service. “The resort is located in the upscale area of Acapulco Diamante and members will have easy access to some of the city’s finest restaurants and cafés, fashionable boutiques, and nightlife.”
“Our company’s experience in building multiple high-quality residential projects throughout Mexico has served us well in developing our first fractional property,” said Armando Hubard, president of Olazar S.A. de C.V., the owner of Pacifico Diamante Private Residence Club. “The objective is to position Pacifico Diamante as a luxury family resort and offer owners and guests a home away from home with excellent service.”
The complex’s modern buildings are set in manicured gardens around a central courtyard with a swimming pool and children’s splash pool. Plans call for a private beach club, restaurant, tennis courts, paddle tennis, gym, sauna, spa, concierge service, and other amenities to be available upon completion of the first phase.
Acapulco’s roots go back to the time of the Aztecs and Spanish explorers in the 16th century. Renowned for its legendary cliff divers and dramatic setting on Acapulco Bay, today the city is a very popular vacation spot with picture-perfect beaches, endless water sports, gourmet restaurants, and dusk-till-dawn nightlife.
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 more than 33 years. Today, Interval has an exchange network of more than 2,500 resorts in over 75 nations. Through offices in 16 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 33143www.intervalworld.com www.resortdeveloper.com