Interval International Unveils E-Exchange, Sets New Gold Standard For Online Vacation Exchange

Press Release
May 10, 2001
MIAMI, FL -- Interval International, the timeshare industry's leading vacation exchange company, has unveiled E-Exchange through its members' Web site, IntervalWorld.com, setting the new gold standard for online vacation exchange.

"Online exchange extends our commitment to offering exceptional customer service, whether our members choose to reach us by phone, e-mail, or through the Internet," said Craig M. Nash, chairman and chief executive officer of Interval International. "Initial response indicates that our members welcome the opportunity to view resort availability online, make exchanges themselves, and have around-the-clock, year-round access and response."

Offering advanced search capabilities, Interval's E-Exchange gives members a host of vacation options. Members can view availability of exchanges, instantly confirm exchanges online, and review exchange history. They can deposit their home resort units in anticipation of an exchange or relinquish these units when a vacation opportunity is identified. If their initial request is not immediately available, members can place a pending vacation exchange request.

Interval has also enhanced the members' online experience through simplified site navigation that organizes relevant resort content and e-commerce functionality into topical channels, offering in-depth resort information and details, as well as airline, hotel, and car rental reservations.

The result of a multi-year, multimillion-dollar investment and extensive market research and analysis, the self-service platform was designed to augment peak period servicing and permit members to perform exchange at their convenience. Interval has also initiated a dedicated Internet Support Department with specially trained counselors who will respond exclusively to member e-mail and online help requests, using state-of-the-art customer relationship management (CRM) technology.

Interval International, the quality vacation exchange company, is celebrating its 25th year leading the vacation ownership industry with innovative products and the highest levels of quality, service, and value. Interval's reputation for superior products and services has attracted leading independent and brand name developers to its network, which includes nearly 1,900 resorts in over 75 countries. Interval serves its developer clients and consumer members through 30 offices in 21 countries.

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CONTACT: 
Christina Wells
(305) 666-1861, ext. 7267
cwells@interval-intl.com or
Ellen Yui, Yui+Company
(301) 270-8571
ellenyui@starpower.com