Interval and Oyster Bay Beach Resort extend exclusive agreement


Miami, FL, March 29, 2017 – Interval International, a leading global provider of vacation services and an operating business of ILG (Nasdaq: ILG), announced the extension of its agreement with Oyster Bay Beach Resort, a mixed-use property situated on the Dutch Caribbean island of St. Maarten. Under the exclusive, multiyear agreement, Interval will continue to provide membership and exchange services for the luxury retreat’s vacation ownership base.

“We consider our relationship with Interval to be of significant strategic importance to the ongoing growth and success of our business,” said Josh Gold, president of Pearl Development NV, owner and operator of the resort. “During the past decade, the Interval team has consistently supported our objectives and we trust them always to deliver the highest level of service to our owners.”

Situated in one of St. Maarten’s most stunning locations, Oyster Bay is perched on a secluded four-acre coral reef peninsula on the eastern coast of the island overlooking the Atlantic Oceanand Oyster Bay Marina. The property features 178 well-appointed unitsdecorated in tropical colors with spacious living and dining areas, fully equipped kitchens with upscale appliances, Wi-Fi access, and a balcony or terrace with panoramic ocean, garden, or marina views.An array of amenities and activities, including gourmet restaurants, full-service spa, oceanfront infinity pool, fitness center, casino, entertainment, and various water sports, are available on-site or nearby the resort.

“We are delighted to extend our affiliation with Oyster Bay and offer our members the opportunity to vacation at an outstanding resort in one of the Caribbean’s most appealing destinations,” said David C. Gilbert, Interval’s president. “The executive team has consistently raised the bar in terms of service, amenities, and quality and we look forward to working with them as they continue to enhance the owner and guest experience.”

Pearl Development has twice been recognized by the American Resort Development Association (ARDA) for the ongoing property renovation begun in 2003. First, Oyster Bay received the Architecture and Design award in 2010 for the unique design of the Mainsail Pavilion, a four-story, 40-unit, timeshare building, and the Lighthouse, an eight-story condominium building, topped with a 30-foot, all-glass dome. Three years later, it was honored with the Resort Design award for the renovation of the Infinity Restaurant and Bar.
St. Maarten is shared by two sovereign nations, the Netherlands and France. The popular vacation destination is known for its Caribbean hospitality, European culture, fine dining, and shopping. Visitors can also take advantage of many other attractions, including historic sites, museums, numerous beaches, nature reserves, sugar mills, and markets.

New purchasers at Oyster Bay Beach Resort will be enrolled as individual members of Interval International and 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; Getaway discounts; free Guest Certificates; Platinum Escapes; online hotel discounts; dining and leisure discounts powered by Entertainment®; 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.