Apple Leisure Group Signs New Resort Deal in St. Thomas

Dreams Sugar Bay St. Thomas Resort & Spa Grows ALG's St. Thomas Footprint and AMResorts' Caribbean Presence as Part of Aggressive Expansion Plans

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. June 24, 2014

PHILADELPHIA - June 24, 2014 - Apple Leisure Group's subsidiary, AMResorts®, is adding Dreams Sugar Bay St. Thomas Resort & Spa to its resort brand management portfolio starting July 1. This is the fourth deal closed by the leading hospitality company in 2014, which has grown 20 percent in the past year. The contract also brings AMResorts' award-winning brand, Dreams® Resorts & Spas, to St. Thomas for the first time.

“AMResorts has enjoyed continued success and strong performance in Mexico, the Dominican Republic, Jamaica and Curacao over the last 13 years,” said Alex Zozaya, CEO for Apple Leisure Group. “Given our longtime presence within the region through our distribution subsidiaries, it made good business sense to expand our resort footprint in the English Caribbean.”

AMResorts will assume operations of the 294-room Sugar Bay Resort & Spa on July 1, 2014, at which point the resort will begin renovations to bring the property to brand standards. The project includes upgrading all guest rooms, with 100 rooms updated to Preferred Club level. Official rebranding to Dreams Sugar Bay St. Thomas Resort & Spa will take place in November 2014, making it the 12th property for the award-winning Dreams® Resorts & Spas brand.

“In terms of location, Sugar Bay has the right mix of beauty and desirability for U.S. travelers our largest guest population,” said Javier Coll, Executive Vice President and Chief Strategy Officer of Apple Leisure Group. “That, combined with our powerful distribution network, is a recipe for success in this market.”

Guests visiting Dreams Sugar Bay St. Thomas Resort & Spa will enjoy magnificent 360 degree views of the Caribbean and access to the best beach in St. Thomas. Additionally, they will experience all the benefits of Dreams Resorts & Spas' Unlimited-Luxury® vacation concept, where everything is included: premium accommodations, 24-hour room and concierge services, signature Explorer's Club for Kids with dedicated facilities, a limitless gourmet food and beverage program, daily entertainment and more.

To learn more or discuss future development, resort brand management and distribution opportunities with Apple Leisure Group, please visit www.appleleisuregroup.com.

About Apple Leisure Group

Philadelphia-based Apple Leisure Group is a leading hospitality company holding a unique niche in the U.S. travel industry. Its vertically integrated business model and robust infrastructure leverages the expertise of six innovative subsidiaries to deliver exceptional value to savvy travelers and strong performance to owners. ALG's award-winning subsidiaries include: Apple Vacations®, the world's largest tour operator to Mexico and the Dominican Republic; Travel Impressions, a prominent U.S. wholesaler possessing an extensive global portfolio; CheapCaribbean.com, a popular online travel agency specializing in luxury vacation packages and resort accommodations in Mexico and the Caribbean; AMResorts®, provider of marketing and brand management services to six luxury resort brands; Amstar DMC®, a destination management company offering premium airport transfers, tours and excursions; and Unlimited Vacation Club, an elite benefits program for discerning travelers who expect the best in a vacation experience. For more information on Apple Leisure Group, visit www.appleleisuregroup.com.