Miami, FL, November 29, 2011 - Preferred Residences®, a hospitality branded membership and exchange program for luxury shared ownership resorts offered by an operating business of Interval Leisure Group (Nasdaq: IILG), has added Blue Residence Club in Aruba to its exclusive exchange network. The property will feature 126 spacious condominium units that will be built in three phases, with the first scheduled for completion by summer 2013.

"Blue Residence will offer members access to premium quality accommodations and personalized service in one of the most popular Caribbean vacation destinations for leisure travelers," said David Gilbert, executive vice president of resort sales and marketing for Preferred Residences. "Having seen the plans for the resort, it's impressive how every aspect of the property is designed to exceed the expectations of owners and guests."

"Our vision is to create a high-quality product with all the modern conveniences and services of a full-service resort. When we selected the site for Blue Residence in the heart of the Bubali Bird Sanctuary, we knew it was spectacular - it's hard to imagine a more idyllic location," said Alberto Perret-Gentil, principal and chief operating officer of The Pering Group, developer of the resort. "Whether our owners are staying at our property or exchanging their vacations through Preferred Residences, they can expect truly memorable experiences."

Planned on-site amenities include a private beach protected by a jetty, two swimming pools, spa, fitness center, indoor hot tub, and landscaped sundeck. In addition to poolside and beach butler service, guests will have access to concierge services and be able to request pre-arrival grocery stocking and daily maid service.

Owners and guests also can enjoy water sports at nearby Eagle Beach or golf privileges at two nearby courses, including Tierra del Sol, which was designed by Robert Trent Jones.

Just four miles from Blue Residence Club, Aruba's capital city of Oranjestad retains the charm of a quaint seaside village, although it has developed into a cosmopolitan, international tourist destination, with stylish shops, gourmet restaurants, nightclubs, and casinos. Other attractions are crystal-clear blue waters, miles of white-sand beaches, music festivals, and local cultural events.

Beyond the sales and marketing opportunities for developers, Preferred Residences offers owners "high-touch" exchange services and year-round leisure and lifestyle benefits tailored especially for sophisticated, affluent travellers. These include preferential pricing at participating Preferred Hotel Group affiliated properties worldwide, complimentary Prestige membership in Priority Pass airport VIP lounge program, personalized concierge services accessible 24/7 online and via phone, and enrollment in Hertz #1 Club Gold®.

About Preferred Residences

Preferred Residences is a hospitality branded membership and exchange program for luxury shared ownership resorts, private residence clubs, and condominium-style hotels. The program gives developers the opportunity to promote their upscale vacation residences within a network of exclusive accommodations and to deliver high-quality vacation experiences to owners of exceptional real estate. Members have access to a rich menu of benefits and services designed to enhance a sophisticated lifestyle. Preferred Residences is an alliance between Interval International, a leader in vacation ownership for 35 years and an operating business of Interval Leisure Group, and the Preferred Hotel Group, representing more than 800 of the world's finest independently owned hotels in over 70 countries.


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