The following letter announcing Intrawest ULC intention to sell Club Intrawest, its vacation ownership business to Diamond Resorts was sent to all Club Intrawest vacation owners recently.

Dear Member,

Today, Intrawest ULC announced its intention to sell Club Intrawest, its vacation ownership business, to Diamond Resorts International. We anticipate this transaction will be completed in the first quarter of 2016, when we officially become a wholly-owned subsidiary of Diamond Resorts.

Diamond Resorts International® has more than 350 vacation destinations located in 34 countries throughout the continental United States, Hawaii, Canada, Mexico, the Caribbean, South America, Central America, Europe, Asia, Australasia and Africa.

We recognize the value of your Membership, and we want you to rest assured that your Membership is secure and you will continue to enjoy the vacation lifestyle you deserve. Any future confirmed reservations that you have, at any Club Intrawest resort, Interval International resort, or as part of your Extraordinary Escapes Membership, will not be changed and there is no need to call to check the status of your booking. For all new reservations, please continue to book on the Web site or contact Member Services at 1-800-767-2166 as you have before.

We believe becoming part of Diamond Resorts is an important and necessary step in our Club’s growth and evolution. We are certain this sale will add value to your Membership. As part of the Diamond Resorts network, we will be at the forefront of our industry, offering you and your family even more choices for unique and memorable vacations.

Thank you for your continued loyalty, passion and commitment. We are excited about our future with Diamond Resorts. We will update you as more details become available. See you at the Club,

Trevor Bruno,
President

 

Syed Sarmad, Principal Broker for Advantage Vacation