MIAMI--(BUSINESS WIRE)--
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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