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Peninsula Island Resort and Spa on South Padre Island Receives Interval International Five Star Award®

Press Release: Interval International
July 24, 2006
MIAMI, FL -- Interval International, a leading global vacation exchange company, has announced it has awarded the industry-renowned Five Star Award® to Peninsula Island Resort and Spa. The luxury vacation ownership property is located on South Padre Island, a barrier between the Gulf of Mexico and Laguna Madre Bay off the southern tip of Texas. The seven-acre resort, which recently celebrated its grand opening, is positioned at the end of the two-and-a-half-mile (four kilometer) Queen Isabella Memorial Causeway that connects South Padre to the mainland.

The property includes 42 units ranging in size from one- to three-bedrooms. Every unit features upscale, contemporary décor, including Italian tiles and granite countertops and plasma television screens. On-site amenities include a concierge desk, babysitting and a kid's club, room service, laundry facilities, golf carts to motor around the property, and a convenience store/gift shop. Owners can also enjoy a 250-foot infinity pool with a poolside bar, a full-service restaurant, a gym, and a spa, which offers guests a wide-range of services.

"The Peninsula Island Resort and Spa has high-quality accommodations, a broad selection of amenities, and a great beachfront location," said Jay Wilson, Interval International's assistant vice president for resort sales and service for the southeast region. "Our members will really enjoy this beautiful resort with its focus on service in every aspect of its operations."

In addition to the beaches and warm gulf waters, South Padre Island offers a diversity of year-round activities, such as boating, windsurfing and other water sports, fishing, wildlife watching, and an active nightlife.

"Building a first-class timeshare resort in a prime location like South Padre Island has been a family dream come true," said Mario Salinas, owner of Peninsula Island Resort and Spa. "We are providing even greater value to the owners at our resort by affiliating with Interval International, which offers them a wide array of benefits and services that they can use all year, including access to hundreds of leisure properties around the world."

Created in 1982, the Interval International Five Star Award® is known as the timeshare industry's most prestigious distinction. The award criteria are comprehensive and encompass all aspects of the vacation experience. After qualification, resorts must maintain high levels of exchange guest satisfaction, monitored by a Customer Satisfaction Index (CSI), and periodic on-site inspections by Interval personnel.

About Interval International

Interval International, a leading vacation ownership exchange company, is celebrating 30 years of quality and innovation. Interval has a global network of more than 2,000 affiliated resorts in over 75 countries, and serves its developer clients and in excess of 1.8 million member families through 28 offices in 19 countries. The company provides a variety of services and year-round travel-related benefits to enhance members' vacation experiences. Headquartered in Miami, Florida, Interval International is part of IAC/InterActiveCorp, which operates leading and diversified businesses in sectors being transformed by the Internet, online and offline. Other IAC companies include Ask.com, Citysearch, Entertainment Publications, HSN, LendingTree, and Ticketmaster.
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CONTACT: Chris Boesch
305-666-1861, ext. 7267
Chris.Boesch@intervalintl.com