Grand Laguna Beach In Dominican Republic Selects Interval International To Provide Vacation Services

Miami, FL, October 23, 2009 - Interval International, a leading global provider of vacation services and an operating segment of Interval Leisure Group (Nasdaq: IILG), announced the addition of Grand Laguna Beach in the Dominican Republic to its vacation exchange network.  Currently under construction, the purpose-built, mixed-use resort is being developed by Inversiones Internacionales del Caribe, S.A., which is led by president Tim Neeb, a well-respected developer in Canada.

"We are proud that Inversiones Internacionales has chosen to affiliate its first Caribbean resort with our company," said David Gilbert, executive vice president of resort sales and marketing for Interval International. "Our members will be able to vacation at this high-quality property while visiting Puerto Plata, one of the most popular destinations in the region."

 The resort is being built on one of the few remaining beachfront sites on the north shore of the island between the towns of Sosua and Cabarete. Current plans call for both whole ownership and vacation ownership units, ranging in size from studios to three-bedrooms. The unit design is a simple, elegant style patterned after the old-world ambience of colonial architecture and will include gracious living and dining areas; a state-of-the-art kitchen equipped with stainless steel appliances and granite counter tops; and a spacious terrace. PUERTO PLATA and PLAYA DORADA comprise the mass tourism capital of the Caribbean. The city of Puerto Plata is a vibrant Dominican town of 200,000 that's well worth exploring for its historic architecture and nightlife. Its core, the Old City, borders the port to the east, a narrow grid of streets that was once the swankiest neighbourhood in the country. Around the original town sprawls a patchwork maze of industrial zones and concrete barrios known as the New City, formed over the past century with the growth of the town's industry. Most visitors, though, are here for package tours to Playa Dorada - located a kilometre east of the city limits - a walled-off vacation factory that pulls in over a half-million tourists each year.

"We are very pleased to be working closely with Interval because its commitment to delivering the highest quality service and products parallels our corporate philosophy," noted Neeb.  "We have taken great care to ensure that our product is built using the finest materials and craftsmanship and that our owners and guests receive personalized attention. Whether staying at Grand Laguna or exchanging their vacation through Interval, they will have access to first-rate accommodations and a wide range of valuable services."

Resort amenities are anticipated to include a fine-dining restaurant with a cigar lounge and wine bar, an outdoor bar, beachside casual dining, two pools, an on-site grocery store, a fitness area, a 24-hour concierge, and the In-Sense Spa.

Grand Laguna Beach has retained Coral Hospitality Corporation (CHC) in the Dominican Republic to provide resort management and sales and marketing services. CHC has been operating resorts and hotels in the Caribbean for nearly 20 years.

The Dominican Republic's diverse history, rich heritage, and extraordinary natural setting attract numerous visitors to the island every year. The spirit and charm of this vibrant vacation destination is captured in its music, food, and national pastimes. It is renowned for its  unique cultural events, exotic cuisine, annual music festivals, handcrafted cigars, and baseball. Visitors also enjoy the balmy year-round temperatures, sandy beaches, tropical forests studded with spectacular waterfalls, and breezy tropical winds.