Interval International Welcomes Danaide Resort in Southern Italy to Its Global Exchange Network

MIAMI–(BUSINESS WIRE)–Interval International, a prominent worldwide provider of vacation
services and an operating business of Interval
Leisure Group
(Nasdaq: IILG), announced the addition of Danaide
Resort to its global vacation exchange network. Located in Scanzano
Jonico, Matera in the Basilicata region on the Ionian coast of southern
Italy, the purpose-built resort will feature 238 one- and two-bedroom
units when completed.

“We are very pleased to expand our relationship with the family-owned
Iniziative Turistiche Matarazzo, which began more than two decades ago
with the affiliation of Alessidamo Club,” said Darren Ettridge,
Interval’s senior vice president of resort sales and business
development for Europe, Middle East, Africa, and Asia. “This is the
third property in this unspoiled region of Italy to become part of
Interval’s exchange network.”

Located close to the beach and sea, the Mediterranean-style complex will
feature accommodations with contemporary decor, fully equipped kitchen,
and private balcony. On-site amenities and services will include
multiple restaurants, outdoor free-form swimming pool, kids’ club, and
an amphitheater that features live entertainment during the summer
season. A range of other activities and organized sports will be
available, such as tennis, windsurfing, bocce, and soccer. A marina,
spa, and golf are nearby.

Danaide Resort is well situated as a home base for exploring the local
countryside, as well as excursions to the Archaeological National Museum
in Metaponto and sites dating back to Magna Graecia. The UNESCO World
Heritage city of Matera, renowned for its centuries-old network of cave
dwellings, was selected European Capital of Culture 2019.

“We have enjoyed a productive partnership with Interval, whose seasoned
executives provide key support to our team,” said Dr. Giovanni
Matarazzo, business development for Iniziative Turistiche Matarazzo. “We
are excited to introduce owners at Danaide Resort to the company’s
valuable leisure benefits and services and to invite Interval members to
discover this wonderful part of Italy.”

New purchasers at Danaide Resort will be enrolled as individual members
of Interval International and will also become Interval Gold®
members, entitling them to a number of flexible exchange opportunities
and upgraded benefits and services. These may vary by country and
include Interval Options®, the ability to exchange their
resort week toward a cruise, tour, and guided holiday; ShortStay Exchange®;
Hertz Gold Plus Rewards® membership; discounts on Getaways;
and VIP ConciergeSM for personal assistance, 24/7. Members
purchasing at a higher level will join at the prestigious Interval
Platinum® and receive all the Interval Gold advantages, plus
an array of best-in-class leisure and lifestyle benefits and services.
These include priority Getaway viewing; free Guest Certificates;
Platinum Escapes; and access to VIP lounges in more than 400 cities in
over 120 countries.

About Interval International

Interval
International
operates membership programs for vacationers and
provides value-added services to its developer clients worldwide. Based
in Miami, the company has been a pioneer and innovator in serving the
vacation ownership market since 1976. Today, Interval’s exchange network
comprises more than 2,900 resorts in over 80 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 business of
Interval Leisure Group, Inc. (Nasdaq: IILG),
a leading global provider of non-traditional lodging, encompassing a
portfolio of leisure businesses from exchange and vacation rental to
vacation ownership.

Contacts

Interval International
Beatrice de Peyrecave, 305-925-7032
Beatrice.dePeyrecave@intervalintl.com