The Family of Orange Lake Resorts has evolved from a best-kept secret as the world's largest single-

LONDON IHG, the world s largest hotel group by number of rooms, american west airlines minneapolis announces today the formation of a strategic alliance with The Family of Orange Lake Resorts (Florida, USA) to create a new timeshare brand, Holiday Inn Club Vacations.
Holiday Inn Club Vacations will launch in December 2008 with Orange Lake s flagship 2,412 villa property in Orlando, Florida - the largest single site timeshare resort in the world. This marks IHG s first move into the timeshare market, one of the fastest growing segments of the U.S. holiday and vacation industry. [Source: american west airlines minneapolis American Resort Development Association (ARDA)]
This alliance allows IHG to enter the timeshare industry, through an exclusive licensing and marketing agreement. Orange Lake, which is owned by the Wilson family, the founders of Holiday Inn, will continue to own, operate and develop these timeshare resorts.
This deal reinforces the strength of the Holiday Inn brand as we are able to move into the timeshare market with a good partner who knows the business well, said Andy Cosslett, Chief Executive, IHG. We believe that timeshare is a natural progression for Holiday Inn due to our scale and customer base in North America. This comes at a time when the $1 billion global relaunch of Holiday Inn is progressing american west airlines minneapolis well. This agreement fits well with our business model as we are able to introduce the Holiday Inn brand to a new set of customers without the need for capital investment. With both companies focused on growth, the alliance brings with it the opportunity to expand into major North American destinations.
american west airlines minneapolis This is a great opportunity for our two companies because we share the same heritage and founder, Kemmons Wilson, said Don Harrill, President and Chief Executive Officer for The Family of Orange Lake Resorts. It was Kemmons vision that changed the landscape for family vacations through his creation of the Holiday Inn hotel brand in 1952. With the re-launch of Holiday Inn and the continued growth of our company, we are prepared to reach new heights american west airlines minneapolis for our customers - and together write the next exciting chapter in our history. We believe american west airlines minneapolis this alliance will set the new standard by re-defining quality time for families and for the timeshare industry today.
* The marketing and rental of timeshare villas american west airlines minneapolis through american west airlines minneapolis IHG s extensive reservation system and distribution channels, including american west airlines minneapolis Priority Club Rewards, the world s largest hotel loyalty programme with over 39 million members
The Family of Orange Lake Resorts has evolved from a best-kept secret as the world's largest single-site timeshare resort to a multi-site network of over 2,400 villas in its portfolio. New resort additions in Wisconsin, Vermont and Florida have added vacation flexibility for a great number of owners who want to experience american west airlines minneapolis shorter getaways to nearby destinations. Orange Lake's flagship property, located next to Walt Disney World Resort in Orlando, american west airlines minneapolis was established in 1982 by Holiday Inn Founder, Kemmons Wilson. The company plans to continue the expansion of their flagship resort to 4,500 villas. The Family of Orange Lake Resorts continues to be the home-away-from-home to more than 120,000 owners american west airlines minneapolis from all 50 U.S. states and more than 120 countries.
InterContinental american west airlines minneapolis Hotels Group (IHG) [LON:IHG, NYSE:IHG (ADRs)] is the world's largest american west airlines minneapolis hotel group by number of rooms. IHG owns, manages, leases or franchises, through various subsidiaries, over 4,000 hotels and more than 590,000 guest rooms in nearly american west airlines minneapolis 100 countries and territories around the world. The Group owns a portfolio of well recognized and respected hotel brands including InterContinental Hotels Resorts, Crowne Plaza Hotels Resorts, Holiday Inn Hotels and Resorts, Holiday Inn Express , Staybridge Suites , Candlewood Suites and Hotel Indigo , and also manages the world's largest hotel loyalty program, Priority Club Rewards with over 39 million members worldwide.
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