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Lawrence Welk's Famed Cabo Resort Joins Interval's Property Portfolio

(MIAMI, FL) -- Interval International (Nasdaq:IILG) announced today that Welk Resorts Cabo - Sirena del Mar has joined its vacation exchange network. Overlooking the Sea of Cortez near Cabo San Lucas, Mexico, this is the first international location in the Welk Resorts portfolio launched by legendary entertainer Lawrence Welk.

"Those familiar with the Welk history know that we strive to ensure whatever we do at our resorts is done with the highest quality standards," said Jon Fredricks, president of Welk Resorts. "Welk Resorts Cabo - Sirena del Mar, the newest addition to our family of resorts, clearly exemplifies this commitment to excellence."

Craig M. Nash, chairman, president, and chief executive officer of Interval Leisure Group, parent company of Interval International, added, "We are very proud to welcome Welk Resorts Cabo - Sirena del Mar, Welk's sixth property, to Interval's worldwide network. The resort's stunning location and full range of amenities carry on the tradition of quality that has made Welk Resorts one of the most respected independent brands in the vacation ownership industry."

Set on a 65-foot bluff near the popular resort town of Cabo San Lucas on the tip of the Baja California peninsula, Welk Resorts Cabo - Sirena del Mar is being built in tiers to maximize its panoramic views of the Sea of Cortez and El Arco, the landmark stone arch. There are two pools on the seven-acre property and cascading decks have wet wall water features, a vanishing edge waterfall and spa, thatched palapas, and a fire pit. At the rim of the seaside cliff, a spiral staircase leads to a swimmable cove beach.

Based in Miami, Interval International operates a network of approximately 2,500 resorts in more than 75 countries.

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