Interval International
Encyclopedia
Interval International is a publicly traded company and former subsidiary of the corporation IAC/InterActiveCorp
and is headquartered in Miami, Florida
, USA. The CEO is Craig Nash.
that arranges vacation exchanges for timeshare
owners. Their exchange network includes more than 2,200 resorts and nearly 2 million member families worldwide. Similar to RCI
, Interval International, works directly with resorts in affiliate programs. If the owner of a timeshare unit at one of I.I.'s member resorts is in good financial standing with their resort then I.I. allows the owner to deposit their timeshare week(s), and exchange their week(s) with I.I.'s available inventory.
Typically, Interval International allows an owner to deposit their week(s) up to three(3) years before making a decision on where and/or when they would like to exchange for; this practice is sometimes referred to as " depositing your week(s)". Timeshare owners may exchange their week(s) through Interval International for a different week(s) at their own resort. The practice of making these type of internal changes is less common than exchanging for week(s) at (an)other resort(s).
Interval International charges a fee for every transaction made through them. Interval International has member resorts on every continent except Antarctica.
Interval is best known for its affiliations with Marriott Vacation Club International
, Four Seasons Residence Club
, Starwood Vacation Club, and Westgate Resorts
.
The biggest competitors for Interval are RCI, Trading Places International
and Platinum Interchange.
II was acquired by USA Interactive in 2002, paid out on an all cash basis.
IAC/InterActiveCorp
InterActiveCorp is an American internet company with over 50 brands across 40 countries headquartered in New York City...
and is headquartered in Miami, Florida
Miami, Florida
Miami is a city located on the Atlantic coast in southeastern Florida and the county seat of Miami-Dade County, the most populous county in Florida and the eighth-most populous county in the United States with a population of 2,500,625...
, USA. The CEO is Craig Nash.
Background
II is an affiliated exchange companyCompany
A company is a form of business organization. It is an association or collection of individual real persons and/or other companies, who each provide some form of capital. This group has a common purpose or focus and an aim of gaining profits. This collection, group or association of persons can be...
that arranges vacation exchanges for timeshare
Timeshare
A timeshare is a form of ownership or right to the use of a property, or the term used to describe such properties. These properties are typically resort condominium units, in which multiple parties hold rights to use the property, and each sharer is allotted a period of time in which they may use...
owners. Their exchange network includes more than 2,200 resorts and nearly 2 million member families worldwide. Similar to RCI
Resort Condominiums International
RCI is a division of the firm Wyndham Worldwide .Founded in 1974 by Jon and Christel DeHaan, it has grown to become one of the larger brokers of timeshare trades. RCI has over 4,700 affiliated resorts in over 100 countries around the world...
, Interval International, works directly with resorts in affiliate programs. If the owner of a timeshare unit at one of I.I.'s member resorts is in good financial standing with their resort then I.I. allows the owner to deposit their timeshare week(s), and exchange their week(s) with I.I.'s available inventory.
Typically, Interval International allows an owner to deposit their week(s) up to three(3) years before making a decision on where and/or when they would like to exchange for; this practice is sometimes referred to as " depositing your week(s)". Timeshare owners may exchange their week(s) through Interval International for a different week(s) at their own resort. The practice of making these type of internal changes is less common than exchanging for week(s) at (an)other resort(s).
Interval International charges a fee for every transaction made through them. Interval International has member resorts on every continent except Antarctica.
Interval is best known for its affiliations with Marriott Vacation Club International
Marriott Vacation Club International
Marriott Vacation Club is the premier timeshare brand of Marriott Vacations Worldwide Corporation, the world’s leading pure-play public timeshare company. The brand boasts more than 50 Marriott Vacation Club properties throughout the United States, Caribbean, Europe and Asia and more than 400,000...
, Four Seasons Residence Club
Four Seasons Hotels and Resorts
Four Seasons Hotels, Inc. is a Canadian-based international ultra-luxury, five-star hotel management company. Travel + Leisure magazine and Zagat Survey rank the hotel chain's 84 properties among the top luxury hotels worldwide...
, Starwood Vacation Club, and Westgate Resorts
Westgate Resorts
Westgate Resorts is a real estate company and timeshare company. The company began when David A. Siegel started Central Florida Investments , the parent company of Westgate Resorts, in the early 1970s, as a real estate development firm. The firm started out of David Siegel's garage, but has since...
.
The biggest competitors for Interval are RCI, Trading Places International
Trading Places International
Trading Places International is a corporation located in Laguna Niguel, California. TPI provides a full spectrum of vacation services to vacation interval owners, resort associations and resort developers. They rank third worldwide in independent vacation exchanges confirmed annually at hundreds...
and Platinum Interchange.
II was acquired by USA Interactive in 2002, paid out on an all cash basis.