Interval Affiliates with Barcelo Club Puerto Castillo

. October 14, 2008

APRIL 28, 2008. Interval International, a leading provider of vacation services, has announced the affiliation of Barcel'o Club Puerto Castillo, a resort on Fuerteventura (Canary Islands). Barcel'o Hotels & Resorts is one of the major European hotel groups and this represents the company's entry into vacation ownership sector.

Barcel'o Club Puerto Castillo is located on Caleta de Fuste beach and is a self contained resort on a large mixed-used development consisting of three hotels and a spa. The vacation ownership resort consists of 31 units comprised of 29 one-bedroom and two two-bedroom apartments. In addition to the affiliation, Interval has been retained to design and operate the club's points-based structure.

"We selected Interval as our exchange services provider because of their developer support capabilities in the region, their commitment to quality and their understanding of points-based vacation clubs," said Antonio Cursach, General Director Barcel'o Viajes. "As a branded hospitality operator, it was important that we designed a state of the art product that worked from both a consumer and management perspective and Interval has been instrumental in achieving this."

"We are very pleased to continue our tradition of assisting the world's leading hospitality companies expand into the vacation ownership industry," said David Clifton, managing director, Europe, Middle East, Africa and Asia for Interval International. "Barcel'o's entry into the industry in Europe will reinforce the confidence in the industry as well as further enhancing Interval's exchange network."

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