Tuesday, April 11, 2006


Siegel's Vegas Timeshare Affiliates With Interval International

Orlando timeshare developer David Siegel's Las Vegas project, the Planet Hollywood Towers by Westgate, has come to an exclusive agreement with Interval International to provide accommodation exchanges at other timeshare resorts.

The 50-story condominium tower will include more than 1,200 units ranging in size from one to four bedrooms. It is expected to open in late 2007. Meeting and convention space will total 35,000 square feet.

The Towers will be connected to the Planet Hollywood Resort & Casino, which includes 12 restaurants and a full-service mall with more than 140 stores.

Westgate Resorts is a subsidiary of Orlando-based Central Florida Investments Inc., which operates and manages timeshare properties in Central Florida and other parts of the United States. The company is the third-largest timeshare company in the world with more than 350,000 owners.

Interval International services nearly 1.8 million members with a global network of more than 2,000 affiliated resorts in more than 75 countries, and has 28 offices in 19 countries. Headquartered in Miami, Interval is part of IAC/InterActive Corp., which also owns Ask.com, Citysearch, Entertainment Publications, HSN, LendingTree and Ticketmaster.

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