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Interval International Welcomes Dive Blue Beach Resort

Interval International, a prominent worldwide provider of vacation services and an operating business of Interval Leisure Group (Nasdaq: IILG), announced the addition of Dive Blue Beach Resort near Marsa Alam on Egypt's Red Sea Riviera. Upon the anticipated completion in June 2014, the first phase of the resort’s development will have 81 timeshare units, two large swimming pools, a marina, restaurants, and shops covering 15 acres (6 hectares) on a prime stretch of coastline. In addition to the shared ownership development, the self-contained destination resort will have a 245 room hotel on site.

"Dive Blue Beach Resort sets a new standard in Marsa Alam, renowned for its unspoiled beaches and prime dive spots," said Sherif Khalil, Interval’s vice president of business development for Middle East and North Africa. "Its world-class dive centre will rival resorts in other Red Sea locations like Sharm el Sheikh and Hurghada. We're proud to add this impressive property to Interval's worldwide network.”

The centrepiece of the resort is its pristine beach, stretching almost a third of a mile (500 metres) along the Red Sea. Staff at the on-site dive centre can arrange classes for beginners and professional divers, as well as dive trips to area reefs. Other planned amenities include two outdoor adult swimming pools with rock formations and cascading water streams, two separate children's pools, and a beach bar. An indoor swimming pool is part of the Spa and Wellness Centre that features fitness and spa treatment rooms, saunas, steam rooms, and whirlpool baths. There are also two clay tennis courts and a 3,229 square foot (300 square metre) Kid's Club with its own swimming pool, playground, and indoor game room.

Housed in three-storey buildings with panoramic sea views, the 33 studios, 30 one-bedroom, and 18 two-bedroom units will share amenities and services with the adjacent hotel, including 24-hour room service, concierge, babysitting, laundry and dry cleaning services, and a medical clinic. All of the luxury units are being constructed of the highest quality materials and furnished with modern solid-wood furniture. With the completion of the second phase scheduled for 2018, the resort will have a total of 162 timeshare units.

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