Newly Launched Shared Ownership Program In Cayman Islands Joins Interval International

Interval International, a leading global provider of vacation services and an operating business of ILG (Nasdaq: ILG), announced the affiliation of Seven Mile Beach Vacation Club located within the Regal Beach Club in the Cayman Islands. The property is set on Seven Mile Beach, which was ranked among the “Top 10 Destinations in the Caribbean” by TripAdvisor in 2016.

“We’re honored to have been selected by Seven Mile Beach Vacation Club to provide its members with access to some of the highest quality and most innovative leisure and lifestyle benefits in the shared ownership industry,” said David C. Gilbert, Interval’s president. “This new club reinforces the meaningful opportunity for mixed-use development and further diversifies Grand Cayman’s tourism product.”

Seven Mile Beach Vacation Club features spacious well-appointed two- and three- bedroom units designed in a Caribbean color palate with bright tropical accents and views of clear-blue waters, powdery sand beaches, and lush gardens. Each includes elegant wood furnishings, granite countertops, as well as upscale appliances and electronics.

Guests can enjoy an array of on-site amenities and services, including two swimming pools, a gym, and tennis court. Additional open-air activities such as scuba diving, fishing, sailing, horseback riding, and golf are available nearby.

“Our research has shown that through shared ownership we can offer consumers the authentic home-away-from-home experience that they are looking for combined with the service standards of professionally managed resorts,” said Ferdinand Berksoy, vice principal of Seven Mile Investment Co. Ltd. “We are excited to be a part of this industry and to participate in its long-term growth potential in the Caribbean.”

Travelers from around the world visit the Cayman Islands because of its excellent diving sites, including vibrant coral reefs and multiple sunken wrecks. In addition to its natural beauty, visitors have access to exclusive shops and boutiques, international cuisine, museums, and arts/music festivals. Those interested in the local wildlife can go bird watching in a nature reserve, tour a botanical garden, or visit the Cayman Crystal Caves.

Seven Mile Beach Vacation Club has been awarded the Interval International Premier Resort® designation, which recognizes resorts that provide outstanding vacation experiences with state-of-the-art conveniences and modern features and appointments.

New purchasers at Seven Mile Beach Vacation Club will become Club Interval Gold® members, entitling them to trade their week or convert it to points for maximum exchange flexibility. They also have access to a number of upgraded benefits and services that they can enjoy year-round, including Interval Options®, the ability to exchange their resort week toward a cruise, tour, golf, and 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; discounts on Getaway vacation rentals; online hotel discounts; dining and leisure discounts powered by Entertainment®; and VIP ConciergeSM, for personal assistance, 24/7.

Sales and marketing for Seven Mile Beach Vacation Club will be overseen by Craig Bosio, owner of Caribbean Resort Solutions. The company delivers turnkey services to resorts in many of the Caribbean’s top destinations.

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.