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Slide #24. Interval Leisure Group — Aqua Hospitality and Aqua Hotels and Resorts
Interval Leisure Group (IILG)
Aqua Hospitality and Aqua Hotels and Resorts
Interval Leisure Group ("ILG") (NASDAQ:IILG) today announced that it has acquired Aqua Hospitality and Aqua Hotels and Resorts ("Aqua") through an ILG subsidiary, Vacation Holdings Hawaii ("VHH"). Aqua is a leading management company currently representing more than 20 properties in Hawaii and Guam, and provides full-service management, including sales, marketing, Internet distribution, individualized branding, and reservations. Terms of the transaction were not disclosed.
Interval Leisure Group is a provider of lodging, encompassing a portfolio of leisure businesses from vacation exchange and rental to vacation ownership. Co. operates in two segments: Exchange and Rental, which provides access to vacation accommodations and other travel-related transactions and services to leisure travelers, by providing vacation exchange services and vacation rental, working with resort developers and operating vacation rental properties; and Vacation Ownership, which engaged in the management of vacation ownership resorts; sales, marketing, and financing of vacation ownership interests; and related services to owners and associations.
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Strong Buy (4.00 out of 4)
(ranked higher than approx. 100% of all stocks covered)
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