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HOLIDAY INN CLUB VACATIONS BRAND ADDS TO ITS RESORT PORTFOLIO WITH PURCHASE OF HISTORIC LAKE TAHOE-AREA RESORT

November 16, 2018

Orlando, FLA, Nov. 16, 2018 (GLOBE NEWSWIRE) -- Orange Lake Resorts, home to the Holiday Inn Club Vacations ® brand, is happy to announce the acquisition of the historic 1862 David Walley’s Hot Springs Resort and Spa in Genoa, Nevada from 1862, LLC and other affiliates of Summer Winds Resorts. The resort features 108 villas, four cottages, 1862 David Walley’s Hot Springs & Day Spa and two onsite restaurants, as well as land approved for 214 additional timeshare units. Current villas range from 600–1,300 square feet and are available in one-, two- and three-bedroom configurations. In the future, the property will be branded as Holiday Inn Club Vacations David Walley’s Resort and join the company’s 26 resorts located across the U.S.Located just 20 miles east of picturesque Lake Tahoe and minutes from California’s world-class ski slopes and outdoor recreation amenities, the resort was originally built by David and Harriet Walley in 1862. At an elevation of more than 4,800 feet, the resort is situated in Carson Valley at the foot of the Sierra Nevada mountain range, providing breathtaking views of the mountains and valley. The nearby town of Genoa is recognized as the state’s first settlement, while the state capital, Carson City, is a 20-minute drive north.“This property adds another strategic location for our brand in a highly desirable vacation destination and builds on our goal of doubling the company’s size over the next few years,” said Tom Nelson, President and CEO of Orange Lake Resorts. “Lake Tahoe provides outdoor activities throughout the year, including incredible skiing and hiking. Our Club members are going to love this new location.”Famous for five natural mineral hot springs that flow year-round into pools at the resort’s onsite spa, 1862 David Walley’s Hot Springs & Day Spa, the resort continues to be a favored destination for locals, travelers and outdoor enthusiasts. A full menu of treatments, including eucalyptus steam rooms and a heated swimming pool, greets guests. In addition to the spa, the resort has two dining options: Harriet’s Café and 1862 David Walley’s Restaurant and Saloon. The Café features breakfast and lunch options, while the Restaurant and Saloon offers a full-service dining menu.About Orange Lake Resorts

Orange Lake Resorts encompasses 26 resorts and 7,400 villas in the U.S., with more than 340,000 timeshare owners and 5,000+ employees.Orange Lake Resorts, a leader within the vacation ownership industry with more than three decades of proven success, operates Holiday Inn Club®. The Holiday Inn Club Vacations® brand was created in 2008 through a strategic alliance with IHG® (InterContinental Hotels Group), one of the world’s leading hotel companies. The Holiday Inn Club Vacations flagship property in Orlando, Fla., located next to the Walt Disney World® Resort, was established in 1982 by Holiday Inn® founder Kemmons Wilson. The timeshare brand includes 26 resorts across 13 states. For more information on Holiday Inn Club Vacations or to book reservations, visit holidayinnclubvacations.com. Find us on Facebook at facebook.com/hiclubvacations or Twitter at twitter.com/hiclubvacations.

Attachments

-- DW-1899 -- DW-0784

Brian Martin Holiday Inn Club Vacations 4073956925 brmartin@holidayinnclub.com

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