29 August 2011

Orange Lake Resorts Expands to Las Vegas and Marco Island, Fla.

Two new destinations to join the Holiday Inn Club Vacations® brand

ORLANDO, FLA. - Vacation resort developer Orange Lake Resorts, which operates six vacation properties, announced today that it officially closed on a transaction with Summer Bay Resorts, Inc. to expand its destinations to Desert Club Resort in Las Vegas and Sunset Cove Resort in Marco Island, Fla. The intent for both resorts is to become a part of the Holiday Inn Club Vacations® brand, with Sunset Cove Resort joining the brand this fall and Desert Club Resort in the spring of 2012.

These resorts are RCI Gold Crown designated-properties featuring hotel facilities, villas and condominiums. The two resort locations include:

  • Las Vegas Desert Club in Las Vegas, located one block off of The Strip, is a 648-unit resort featuring one- and two-bedroom suites. Amenities include five outdoor swimming pools with spas, a brand new state-of-the-art clubhouse, convenience store, fitness center, restaurant, bar, putting green and other amenities.
  • Sunset Cove, in Marco Island, Fla., is a 36-unit resort located on the Rio waterway in the "City Center" activities district and features three-bedroom residences ranging from 1,667 to 1,900 square feet, with views of either the Gulf of Mexico or the Bay. Amenities include a pool with sundeck, a bar and promenade area, boat dock and a fitness center. This property is currently part of RCI's distinguished Registry Collection® program, and Orange Lake Resorts plans to bring all Sunset Cove units into its upscale "Signature Collection" product line.

This transaction does not involve the acquisition of the Summer Bay Resorts in Orlando, Fla., or the other properties in Missouri, which will continue to be owned and operated by Summer Bay.

Holiday Inn Club Vacations was created in September 2008 as a strategic alliance between IHG, the world's largest hotel company, and Orange Lake Resorts, a leader within the resort industry with nearly 30 years of proven success. The brand's flagship property in Orlando, located next to Walt Disney World® Resort, was established in 1982 by Holiday Inn founder Kemmons Wilson. Other resort locations include Lake Geneva, Wis., Panama City, Fla., Brownsville, Vt., Myrtle Beach, S.C., and Gatlinburg, Tenn.

Through IHG's guest loyalty program, Priority Club® Rewards, guests renting villas will earn Priority Club points during their stays at Holiday Inn Club Vacations, which they can redeem for free nights at IHG properties or exchange for merchandise and special experiences. Holiday Inn Club members enjoy access to Holiday Inn Club Vacations resorts and IHG's network of more than 4,400 hotels worldwide. Holiday Inn Club Vacations will continue to expand their Member Resorts to top North American destination locations. For more information on Holiday Inn Club Vacations, visit http://www.hiclubvacations.com/.

About Summer Bay Resorts
Summer Bay Resorts has been recognized as one of the highest rated companies in the vacation ownership industry for over 15 years.  Summer Bay Resort was founded in 1995 by Joe Scott, Sr.  Their flagship resort is located in Clermont, Florida (Orlando).  This resort is situated on 343 acres and located three miles from Walt Disney World Resort.  The resort features over 650 units and amenities include water parks, water activities and restaurants.  Other resorts include Farmington and Clarksville, Mo.  For more information on Summer Bay Resorts, visit http://www.summerbayresort.com/.

Media Contacts:
Caroline Sanfilippo, IHG, [email protected], +1(770) 604-2495
Stacey Sutherland, Orange Lake Resorts, [email protected], +1(407) 905-1914

Notes to Editors:

IHG (InterContinental Hotels Group) [LON:IHG, NYSE:IHG (ADRs)] is a global company operating seven well-known hotel brands including InterContinental® Hotels & Resorts, Hotel Indigo®, Crowne Plaza® Hotels & Resorts, Holiday Inn® Hotels and Resorts, Holiday Inn Express®, Staybridge Suites® and Candlewood Suites® . IHG also manages Priority Club® Rewards, the world’s first and largest hotel loyalty program with almost 60 million members worldwide

IHG is the world’s largest hotel group by number of rooms and IHG franchises, leases, manages or owns, through various subsidiaries, a portfolio of over 4,400 hotels and more than 656,000 guest rooms in 100 countries and territories around the world

IHG has more than 1,100 hotels in its development pipeline and expects to recruit around 160,000 people worldwide 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.

IHG offers information and online reservations for all its hotel brands at www.ihg.com/ and information for the Priority Club Rewards program at www.priorityclub.com/. For our latest news visit www.ihg.com/media, Twitter www.twitter.com/ihgplc or YouTube www.youtube.com/ihgplc

Ends