Preferred Residences ®, a worldwide branding program for luxury shared ownership resorts offered by Interval International, an operating business of Interval Leisure Group (Nasdaq: IILG), announced the addition of the shared ownership component of the Royal Westmoreland in Barbados. The award-winning estate is set on 750 acres of lush, tropical landscape near the white-sand beaches of the island's scenic Platinum Coast. "As one of the most captivating properties in the Caribbean, Royal Westmoreland is a perfect fit with the Preferred Residences program," said Michelle DuChamp, Interval's vice president of business development. "It offers exceptional vacation experiences through impeccable accommodations and personal service designed to exceed the expectations of discriminating customers." The shared ownership program consists of spacious, four-bedroom Caribbean colonial-style villas featuring beautiful gardens, elegant living areas, large designer kitchens and breakfast areas. With private outdoor spaces, infinity pools, and extensive landscaping, the villas combine open-air living with cool, expansive interiors. Owners and guests will also enjoy an array of high-end amenities, including a full-service Elemis spa, private beach club, gym, tennis center, and concierge service. One of Royal Westmoreland's highlights is the 18-hole Robert Trent Jones Jr. championship golf course with clubhouse restaurant/bar, short-game practice and driving range, which earned it the "Barbados's Best Golf Hotel 2014" recognition by the World Golf Awards, part of the World Travel Awards. "By aligning with Preferred Residences, we are affording our owners a wealth of value-added benefits," said Greg Schofield, CEO of Royal Westmoreland. "In addition to special privileges, owners will enjoy access to a distinctive portfolio of high-quality resorts located in world-class destinations." Preferred Residences provides developers with a unique branding opportunity to promote their vacation residences to affluent consumers. Owners automatically gain access to a select menu of vacation opportunities and benefits that will enrich their travel experiences. These include weekly and nightly vacation exchanges through a portfolio of luxurious resorts; preferential pricing at participating Preferred Hotels & Resorts sm properties worldwide; complimentary membership in Preferred Golf ™ with access to the world's most renowned courses; automatic enrollment in iPrefer™, the Preferred Hotels & Resorts guest loyalty program, which rewards members with points redeemable for free nights and other on-property expenditures, elite status, and complimentary benefits, such as complimentary Internet upon every eligible stay. A tropical island steeped in British tradition, Barbados blends abundant natural surroundings with the modern conveniences of a sophisticated infrastructure. It offers pristine beaches, historic sites, rich cultural traditions, world-class snorkeling and diving, excellent restaurants and exciting nightlife, among many other travel experiences. The vibrant destination was selected in 2013 as one of USA Today's top ten Caribbean Islands. About Preferred Residences Preferred Residences was founded through a strategic alliance between Preferred Hotels & Resorts and Interval International as a hospitality branding program for luxury shared ownership resorts, private residences clubs, and condominium-style hotels that offers a membership and exchange program. Within the Preferred Hotels & Resorts portfolio, the brand also offers exceptional homes, villas, bungalows, condominiums, and other units available at renowned luxury hotels and resorts around the globe that feature expansive living spaces, state-of-the-art kitchens, custom furnishings and other amenities, as well as a collection of luxury furnished apartments ideal for business or leisure travelers seeking an extended stay. Every property within the Preferred Residences brand is held to maintain the high-quality standards and unparalleled service levels derived from the Preferred Hotels & Resorts Integrated Quality Assurance program, on which the company has built its 47-year reputation of excellence. For more information, visit www.PreferredResidences.com Note to Editors: Photo available upon request.