SOL MELIÁ VACATION CLUB REPORTS $100 MILLION IN REVENUES, GLOBAL EXPANSION AND MORE LIFESTYLE ENHANCEMENT CHOICES

Two years after opening its Orlando corporate offices in 2004 with three international properties and a small staff, Sol Meliá Vacation Club has made great strides in achieving its aggressive goal to become a leader in leisure lifestyle real estate with its internationally-branded club experience. The company has now achieved more than $100 million in revenues and a sales increase of 98 percent over the first nine months of 2006, a result of outstanding sales in the Dominican Republic, Puerto Rico, Mexico and Spain.
 

Sol Meliá Vacation Club is part of a growing and expanding leisure lifestyle concept that includes exotic destinations, designer appointed luxury suites, exclusive services and unforgettable leisure experiences for Members. The full lifestyle concept will provide Members with an entire life cycle of leisure lifestyle experiences to meet the ever changing needs of Members; starting with the vacation club membership, then progressing to fractional and then full ownership. The variety of vacation experiences will provide ongoing flexibility and lifestyle choices such as catered and planned reunions or weddings, in-country club facilities and events, concierge, butler and chef service, airfare, private plan usage, cruises, car rental, etc.
 

“As a branded company, Sol Meliá has the name, organization and clear responsibility to develop and execute a product that meets or exceeds high standards of service and quality,” said Alain Grangé, Chief Executive, Sol Meliá Vacation Club/ Leisure Real Estate Company. “The breadth of the company on an international scale also provides the perfect place to take club membership to a level that it becomes a leisure lifestyle rich with experiences and options that can adapt and be enjoyed by members for a lifetime.”
 

Sol Meliá Vacation Club and Sol Meliá Leisure Real Estate Company are part Spain-based Sol Meliá Hotels & Resorts, a 50-year-old international hospitality company with 350 hotels in 30 countries on five continents. Sol Meliá Vacation Club Members enjoy the best of both worlds: all the conveniences and amenities of a world-class resort, plus the value, flexibility and choice that vacation membership offers through the Sol Meliá network. Members have more vacation lifestyle options through global luxury accommodations in a variety of unique resort and urban destinations around the world, as well as flexibility to choose the length of stay, season and size of unit. In addition, Members can save their vacation time from one year to the next if needed, borrow from future vacation years to create a special vacation experience that could include airfare or a spectacular cruise, divide their vacation time into shorter getaway or nightly stays, or stay at any Sol Meliá hotel or affiliated resort worldwide.
 

The focus is on a unique, customized international experience, whether that’s exploring archaeological ruins in Mexico, enjoying virgin beaches in the Dominican Republic, walking through Old San Juan in Puerto Rico, or getting to know century’s old cities in Spain, France or England. Sol Meliá Vacation Club is set up to cater to their Members needs.
 

“The vacation club concept is a lifetime commitment to a lifestyle choice,” Grangé added. “The lifestyle and experience we offer with Sol Meliá Vacation Club membership includes luxury resorts, exotic locations, upscale services and activities, and club experiences that you won’t find anywhere else. Latin America, the Caribbean and Europe are our key markets for expansion in 2007.”
 

For more information on Sol Meliá Vacation Club, call (407) 370-3671 or visit www.smvc.com.
 

Press contact: Kathy Hernandez, (407) 381-0428 or kha@cfl.rr.com.