ILX Resorts Announces Filing of Bank Application for Rewards and Savings Program
JANUARY 11, 2007. ILX Resorts Incorporated (AMEX:ILX), a leading developer, operator and marketer of upscale flexible-stay vacation ownership resorts in the western United States, announced that it has filed a bank application with the Federal Deposit Insurance Corporation and the State of Arizona Department of Financial Institutions on behalf of an entity with which it is affiliated.
The application, which incorporates ILX's proprietary First Piggy rewards program, seeks approval to be an Arizona state bank. If approved, ILX intends to be a non-control shareholder of the bank.
"We are pleased to have taken this step towards the establishment of a financial institution which focuses on fostering savings by and for children through rebate and incentive awards, and encourages children to dream about and plan their futures," said Joe Martori, Chairman and CEO. He continued, "This mutually beneficial concept rewards both participating vendors and their loyal customers and ILX is enthusiastic about being a participant."
ILX Resorts acquires, develops, and operates premier timeshare resorts primarily in the western United States that provide its owners with extraordinary vacation experiences. ILX's portfolio of world-class properties includes eight resorts in Arizona, one in Indiana (currently being expanded), one in Colorado, one in San Carlos, Mexico, and land in Puerto Pe~nasco ("Rocky Point"), Mexico and Sedona, Arizona, both of which are in the final planning stages. It also, through Premiere Vacation Club, has acquired, and continues to acquire, inventory at the Carriage House in Las Vegas and in addition has acquired inventory at the Scottsdale Camelback Resort in Scottsdale, Arizona. For more information, visit: www.ilxresorts.com
Marriott International, Inc. (NASDAQ: MAR) is a global leading lodging company based in Bethesda,Maryland, USA, with more than 4,200 properties in 80 countries and territories. Marriott International reported revenues of nearly $14 billion in fiscal year 2014. The company operates and franchises hotels and licenses vacation ownership resorts under 19 brands, including: The Ritz-Carlton®, BVlgari®, EDITION®, JW Marriott®, Autograph Collection® Hotels, Renaissance® Hotels, Marriott Hotels®, Delta Hotels and Resorts®, Marriott Executive Apartments®, Marriott Vacation Club®, Gaylord Hotels®, AC Hotels by Marriott®, Courtyard®, Residence Inn®, SpringHill Suites®, Fairfield Inn & Suites®, TownePlace Suites®, Protea Hotels® and MoxyHotels®. Marriott has been consistently recognized as a top employer and for its superior business ethics. The company also manages the award-winning guest loyalty program, Marriott Rewards® and The Ritz-Carlton Rewards® program, which together surpass 50 million members. For more information or reservations, please visit our website at 
