Interval Leisure Group to Launch New Corporate Identity and Change Name to ILG
October 14 2016 - 9:20AM
Business Wire
Shares Will Trade Under New Ticker Symbol
“ILG”
Company Will Unveil New Logo and Website
Interval Leisure Group (ILG), a leading provider of
professionally delivered vacation experiences and the exclusive
global licensee for the Hyatt®, Sheraton®, and Westin® brands in
vacation ownership, announced that it will change its name to ILG,
effective at the end of today. The moniker reflects ILG’s new
corporate identity, which comes after a period of strategic
acquisitions, joint ventures, and organic initiatives. In addition
to changing its name, the company will trade under the Nasdaq
ticker symbol “ILG” — commencing October 17 — and introduce a new
logo and website, which will offer comprehensive information about
itself and its operating businesses.
“We are pleased to update our brand profile to mark ILG’s
transformation over the past several years,” said Craig M. Nash,
chairman, president, and CEO. “With our global reach and
diversified business platform, ILG is well positioned at the
forefront of the industry.”
Today ILG serves approximately 2 million members, as well as
more than 550,000 owner families at over 250 managed resorts; and
it employs about 10,000 team members through nearly 40 offices in
15 countries, making it one of the world’s leading integrated
shared ownership companies.
ILG’s rebranding efforts embrace its mission to make every
leisure experience memorable for its owners, members, and guests
through the core values of teamwork, passion, innovation,
integrity, excellence, and service.
“It is an exciting time at ILG,” Nash added. “We look forward to
continuing to deliver high-quality service and leisure experiences
to consumers around the world.”
As of October 17, 2016 all stock trading, filings, and
market-related information will be reported under the new symbol
“ILG.” The new CUSIP for the Company's common stock will be
44967H101.
About ILG
Interval Leisure Group (ILG) (Nasdaq: IILG) is a leading
provider of professionally delivered vacation experiences and the
exclusive global licensee for the Hyatt®, Sheraton®, and Westin®
brands in vacation ownership. The company offers its owners,
members, and guests access to an array of benefits and services, as
well as world-class destinations through its international
portfolio of resorts and clubs. ILG’s operating businesses include
Aqua-Aston Hospitality, Hyatt Vacation Ownership, Interval
International, Trading Places International, Vacation Resorts
International, VRI Europe, and Vistana Signature Experiences.
Through its subsidiaries, ILG independently owns and manages
the Hyatt Residence Club program and uses the Hyatt
Vacation Ownership name and other Hyatt® marks under license from
affiliates of Hyatt Hotels Corporation. In addition, ILG’s
Vistana Signature Experiences, Inc. owns and manages the Sheraton
Vacation Club and the Westin Vacation Club and uses related
trademarks under license from Starwood Hotels & Resorts
Worldwide, Inc. Headquartered in Miami, Florida, ILG has offices in
15 countries and approximately 10,000 employees. For more
information, visit www.iilg.com.
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version on businesswire.com: http://www.businesswire.com/news/home/20161014005343/en/
Interval Leisure GroupInvestor Contact:Lily Arteaga,
305-925-7302Investor RelationsLily.Arteaga@iilg.comorMedia
Contact:Christine Boesch, 305-925-7267Corporate
CommunicationsChris.Boesch@iilg.com
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