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OWN HOTELS GROUP AFFILIATES FIFTH BRANDED PROPERTY IN SOUTH AMERICA WITH INTERVAL INTERNATIONAL’S GLOBAL VACATION EXCHANGE NETWORK

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Miami, FL, December 19 2016 – Interval International, a leading global provider of vacation services and an operating business of ILG (Nasdaq: ILG), announced the affiliation of OWN Nuevo Madero, a boutique condo-hotel in Buenos Aires, Argentina. The property is part of the OWN Hotels Group, a company whose portfolio of resorts is characterized by personal service, upscale amenities, and cosmopolitan style.

"With its latest project slated to open during the first quarter of next year and the launch of four other OWN properties in Argentina and Uruguay in recent years, OWN Hotels Group has firmly established its brand," said Marcos Agostini, Interval's executive vice president of global sales and business development. "We are pleased to see our valued client continue to take advantage of the shared ownership opportunities in Latin America."

The resort will have 36 spacious units with a fresh contemporary design and scenic views of Río de la Plata. Among the planned on-site amenities and services are a restaurant and bar, sky deck, full-service spa, health club, indoor swimming pool, outdoor terrace or balcony, and complimentary Wi-Fi.

"Since we entered the industry, our team has worked closely with Interval and now this resort joins the OWN properties already affiliated with the company," said Pierre A. Metrailler, president of Arunam S.A., developer of the resort. "Interval has played an important role in our success and we look forward to continuing our association."

OWN Nuevo Madero is located in the heart of Nuevo Madero, a very desirable neighborhood that has undergone a significant revitalization in the last decade, and is popular with locals and tourists due to its tree-lined open walkways, modern skyscrapers, and former industrial warehouses that have been converted into restaurants, bars, and clubs.

Other popular nearby attractions include Casa Rosada, the official residence of the president, and San Telmo, the bohemian district with its old-world architecture, antique stores, museums, and tango dancing. Guests can also visit the Reserva Ecológica, an 864-acre natural reserve; Fragata Sarmiento and Corbeta Uruguay, two century-old vessels converted into floating museums; and the pedestrian Puente de la Mujer, designed by Spanish engineer Santiago Calatrava.

New purchasers at OWN Nuevo Madero will be enrolled as individual members of Interval International and also become Interval Platinum® members, entitling them to a number of flexible exchange opportunities and best-in-class leisure and lifestyle benefits and services. These include complimentary airport lounge membership through Priority Pass; Interval Options®, the ability to exchange their resort week toward a cruise, tour, golf, or spa vacation, or a unique Interval Experiences adventure; ShortStay Exchange®; Golf Connection, for access to select private courses; VIP treatment with Dining Connection; City Guides, for insider advice; Hertz Gold Plus Rewards® membership, which gives them the opportunity to earn bonus points for up to two free weekend rental days; priority Getaway viewing; US$50 Getaway discounts; free Guest Certificates; Platinum Escapes; online hotel discounts; additional special offers at restaurants, and retail locations worldwide; 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's exchange network comprises more than 3,000 resorts in over 80 nations. Through offices in 15 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 business of ILG (Nasdaq: ILG), a leading global provider of professionally delivered vacation experiences.


Contact:
Beatrice de Peyrecave
305.925.7032
Beatrice.dePeyrecave@intervalintl.com ​



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