Interval Adds Cabo Azul Resort to Vacation Network
OCTOBER 25, 2007. Interval International, a leading provider of vacation services and an operating business of IAC (Nasdaq:IACI), announced the addition of Monarch Grand Vacations' Cabo Azul Resort & Spa to its global vacation exchange network. The 332-villa luxury resort, developed by Pacific Monarch Resorts, Inc., is set on 12 oceanfront acres on an azure bay in the heart of Los Cabos, Mexico. It will feature one- and two-bedroom villas, as well as three-bedroom grand penthouse villas. Phase one recently opened and phase two, with an adjacent boutique hotel, is scheduled to open in late 2008.
"We are thrilled to add this upscale property in one of Mexico's top leisure destinations to our network of resorts," said Marcos Agostini, assistant vice president for Latin America, resort sales and service, Interval International. "Pacific Monarch Resorts has a well-deserved reputation for developing world-class properties in highly demanded resort locations and this one is sure to be a very desirable among our members."
Acclaimed interior designer Dodd Mitchell was selected to appoint Cabo Azul Resort & Spa's villas and amenities. He incorporates elements such as flaming fire sculptures, whimsical waterscapes, and playful lighting effects throughout the property. The villas' artful d'ecor features wood carved furnishings, custom three-tiered metal lanterns, high-thread count bedding and linens, full-service kitchens equipped with stainless steel appliances, spa tubs, and private oceanfront cabana terraces.
"Quality is very important to us and our owners, therefore we see our partnership with Interval International as a natural extension of the high caliber of accommodations and services we provide," commented Mark Post, president and chief executive officer of Pacific Monarch Resorts, Inc. "We are pleased to offer our owners the opportunity to experience other exciting destinations around the world through Interval's quality exchange network."
Guests at the Cabo Azul will be able to enjoy numerous amenities and services, including tri-level infinity edge swimming pools, swim-up bar, pool cabanas, a nightclub, and an open-air five-story wedding chapel complete with a reception area and panoramic views of the Sea of Cortez. Eateries include a gourmet market, deli, bakery, Internet caf'e, outdoor ceviche, taco and tequila tasting bars, and a Dodd Mitchell-designed restaurant, Javier's Cantina & Grill - already a Southern California favorite. Also available on-site is a spa featuring Asian-inspired therapeutic treatments, a Green Tea Jacuzzi, and Arctic Plunge Pool.
Marriott International, Inc. (NASDAQ: MAR) is a global leading lodging company based in Bethesda,Maryland, USA, with more than 4,200 properties in 80 countries and territories. Marriott International reported revenues of nearly $14 billion in fiscal year 2014. The company operates and franchises hotels and licenses vacation ownership resorts under 19 brands, including: The Ritz-Carlton®, BVlgari®, EDITION®, JW Marriott®, Autograph Collection® Hotels, Renaissance® Hotels, Marriott Hotels®, Delta Hotels and Resorts®, Marriott Executive Apartments®, Marriott Vacation Club®, Gaylord Hotels®, AC Hotels by Marriott®, Courtyard®, Residence Inn®, SpringHill Suites®, Fairfield Inn & Suites®, TownePlace Suites®, Protea Hotels® and MoxyHotels®. Marriott has been consistently recognized as a top employer and for its superior business ethics. The company also manages the award-winning guest loyalty program, Marriott Rewards® and The Ritz-Carlton Rewards® program, which together surpass 50 million members. For more information or reservations, please visit our website at 
