25 October, 2012
IHG's Holiday Inn Club Vacations® to Open Two New Resorts
New properties will double brand portfolio by the end of the year
ORLANDO, FLA. – IHG (InterContinental Hotels Group), a global hotel organization, announced today from their 2012 Americas Investors & Leadership Conference in Orlando, Fla., that by the end of the year Holiday Inn Club Vacations will have more than doubled its portfolio since its inception in 2008.
During the conference, Holiday Inn Club Vacations revealed its newest properties Holiday Inn Club Vacations Panama City Beach Resort, a 37-unit beachfront resort in Panama City Beach, Fla., and Holiday Inn Club Vacations Galveston Beach Resort, a 78-villa beachfront property in Galveston, Texas opening this December. With the addition of these properties, the brand now boasts ten locations.
“The addition of two new resorts to the Holiday Inn Club Vacations portfolio demonstrates the strength of the brand and our ability to find strategic opportunities for growth,” said Del Ross, vice president, Americas Sales & Marketing. “We continue to look at key vacation destinations such as Hawaii and other west coast locations to expand the brand.”
In 2008, IHG and 30-year timeshare developer Orange Lake Resorts developed a strategic alliance to create the Holiday Inn Club Vacations brand. This marked IHG’s first move into the timeshare market, which continues to be one of the fastest-growing segments of the U.S. holiday and vacation industry. [Source: American Resort Development Association (ARDA)]. Orange Lake and Holiday Inn are both rooted in the legacy and ingenuity of their founder, Kemmons Wilson. Don Harrill, president and CEO of Orange Lake Resorts and chairman of ARDA says, “The success of this strategic alliance has once again proven that vacations matter to consumers. Orange Lake Resort in Orlando, Fla. began with Kemmons Wilson’s vision to create an even better way to vacation. By aligning with IHG and the Holiday Inn brand family once again, we’ve been able to create more awareness and visibility for our resort destinations so that more travelers can learn about and consider us for their next stay with friends and family.”
The strength of the Holiday Inn Club Vacations brand is proven by its impact to business for both companies:
The Holiday Inn Club Vacations resort portfolio has expanded from four destinations to nine, with a tenth resort joining the brand in late 2012. This is a total of 3,788 rooms.
Holiday Inn Club Vacations resorts see an average of 850,000 guests per year
The brand has opened three additional sales centers and has increased timeshare sales by 35.7%.
The brand provides vacation ownership preview tours to 170,000 guests per year
Membership in the Holiday Inn Club timeshare ownership program has risen from 51,568 in 2010 to nearly 80,000 in 2012.
About Holiday Inn Club Vacations
Holiday Inn Club Vacations was created in 2008 as a strategic alliance between IHG (InterContinental Hotels Group) and Orange Lake Resorts, a leader within the timeshare industry with more than 30 years of proven success. Holiday Inn Club Vacation’s flagship property in Orlando, Fla., located next to Walt Disney World® Resort, was established in 1982 by Holiday Inn founder Kemmons Wilson. A 1,450-acre golf, water park and sports resort, Holiday Inn Club Vacations at Orange Lake Resort includes 2,478 villas with the ability to expand to 4,500 villas. Other resort locations include Lake Geneva, Wis., Panama City Beach and Marco Island, Fla., Brownsville, Vt., Myrtle Beach, S.C., Gatlinburg, Tenn., Las Vegas, Nev. and another resort joining the brand in fall 2012 in Galveston, Texas. Holiday Inn Club members, owners of timeshare intervals at Holiday Inn Club Vacations resorts, enjoy access to these eight resort locations, plus IHG’s network of more than 4,500 hotels worldwide and RCI’s network of more than 4,500 resorts. Holiday Inn Club Vacations will continue to look for opportunities to expand their Member Resorts to top North American destination locations. For more information on Holiday Inn Club Vacations, visit www.hiclubvacations.com, or Stay SOCIAL and visit the brand’s page on Facebook, see vacation experiences come to life on YouTube on hiclubvacations TV, follow @hiclubvacations on Twitter or pin with the brand on Pinterest.
Lindsay Cameron, IHG, email@example.com, +1(770) 604-8686
Brooke Doucha, Orange Lake Resorts, firstname.lastname@example.org, +1(407) 905-1968
Notes to Editors:
IHG (InterContinental Hotels Group) [LON:IHG, NYSE:IHG (ADRs)] is a global organization with nine hotel brands including InterContinental® Hotels & Resorts, Hotel Indigo®, Crowne Plaza® Hotels & Resorts, Holiday Inn® Hotels and Resorts, Holiday Inn Express®, Staybridge Suites®, Candlewood Suites®, as well as our two newest brands, EVEN™ Hotels and HUALUXE™ Hotels & Resorts. IHG also manages Priority Club® Rewards, the world’s first and largest hotel loyalty program with over 67 million members worldwide.
IHG franchises, leases, manages or owns over 4,500 hotels and more than 666,000 guest rooms in nearly 100 countries and territories. With more than 1,000 hotels in its development pipeline, IHG expects to recruit around 90,000 people into additional roles across its estate over the next few years.
InterContinental Hotels Group PLC is the Group’s holding company and is incorporated in Great Britain and registered in England and Wales.
Visit www.ihg.com for hotel information and reservations and www.priorityclub.com for more on Priority Club Rewards. For our latest news, visit www.ihg.com/media, www.twitter.com/ihgplc, www.facebook.com/ihg or www.youtube.com/ihgplc.
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