AP NEWS

New Shared Ownership Entrant in Brazil Affiliates Thermas Hot World with Interval International

November 12, 2018

MIAMI--(BUSINESS WIRE)--Nov 12, 2018--Interval International, a prominent worldwide provider of vacation services, added to its vacation exchange network Thermas Hot World in Águas de Lindóia, Brazil. The property is approximately 75 miles north of São Paulo and currently features 36 chalets within a popular water park that attracts 250,000 visitors annually. Águas de Lindóia is part of a regional hot springs circuit that is known for its healing mineral waters and receives millions of visitors per year.

“Our resort’s mixed-use structure, which includes lodging and a waterpark, is an ideal foundation from which to launch a shared ownership program,” said Aparecido de Moraes, resort developer. “We are confident that our relationship with Interval will be most beneficial as we increase our presence in this sector.”

The one-bedroom wood-paneled chalets overlook the recreation area that has several heated swimming pools, including the spectacular 528,000-gallon wave pool, with lazy rivers, fountains, and water slides, as well as a children’s pool. Other onsite amenities are a restaurant and horseback riding.

“Aparecido and his team have invested time and capital in upgrading the waterpark and chalets to provide guests with an exceptional year-round vacation experience,” said Marcos Agostini, Interval’s executive vice president of global sales and business development. “We are delighted to add this unique property to our exchange network.”

Plans call for Thermas Hot World to be expanded with 300 one- and two-bedroom fractional units that will be located on the opposite side of the water park from the existing chalets. They will have full kitchens, spacious living rooms, and balconies with views of the water park and the landscaped gardens. Additional onsite amenities will be two restaurants, a sports bar, and game room.

About Interval International

Interval International operates membership programs for vacationers and provides value-added services to its developer clients worldwide. Based in Miami, Florida, the company has been a pioneer and innovator in serving the vacation ownership market since 1976. Today, Interval’s exchange network comprises nearly 3,200 resorts in over 80 nations. Through offices in 15 countries, Interval offers high-quality products and benefits to resort clients and approximately 2 million families who are enrolled in various membership programs.

Note to Editors: Photo available upon request.

View source version on businesswire.com:https://www.businesswire.com/news/home/20181112005743/en/

CONTACT: Interval International

Beatrice de Peyrecave, 305.925.7032

beatrice.depeyrecave@intervalintl.com

KEYWORD: UNITED STATES BRAZIL NORTH AMERICA SOUTH AMERICA FLORIDA

INDUSTRY KEYWORD: TRAVEL DESTINATIONS VACATION LODGING

SOURCE: Interval International

Copyright Business Wire 2018.

PUB: 11/12/2018 04:05 PM/DISC: 11/12/2018 04:05 PM

http://www.businesswire.com/news/home/20181112005743/en

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