Hilton Grand Vacations Company
NYSE : HLT

August 03, 2005 08:00 ET

Intrawest Affiliates with Hilton Grand Vacations Company

VANCOUVER, British Columbia and ORLANDO, Fla.--(CCNMatthews - Aug 3, 2005) -

Intrawest Corporation and Hilton Grand Vacations Company (HGVC) today announced a new strategic affiliation to enhance their respective vacation ownership networks. As a result, Club Intrawest and Hilton Grand Vacations Club (HGVClub®), two of the industry's most compelling vacation clubs, will offer reciprocal vacation privileges to their members.

The relationship gives Club Intrawest members direct access to popular HGVClub resorts and travel privileges throughout the world via Silver VIP Membership in the award-winning Hilton HHonors® guest reward program. The agreement also provides preferred members of Hilton Grand Vacations Club with access to renowned Club Intrawest resorts.

According to Jim Gibbons, president of Club Intrawest, "We have created a breakthrough relationship with HGVC. Now more than 2,700 Hilton Family hotels and resorts are available to Club Intrawest members. Plus, for the first time ever, our members have access to air, car and train travel through their Club Intrawest Membership and ExtraOrdinary Escapes."

Kim Kreiger, senior vice president and chief club officer of HGVC, notes, "We are pleased to launch access to the exclusive Club Intrawest resort collection to our Elite status members of HGVClub. These Members will now have the privilege of exploring some of the most desirable ski, golf and beach resorts in the world. The Club Intrawest resort portfolio offers spectacular settings and resort amenities; these destinations are a superb complement to the vacation options currently available through HGVClub membership."

Key elements of the affiliation:

-- Premiering with Elite status members, Hilton Grand Vacations Club members have reservation privileges at select Club Intrawest resorts.

-- Club Intrawest members have direct access to Hilton Grand Vacations Club locations in Hawaii, Florida and Las Vegas.

-- Club Intrawest members have Silver VIP Membership in the Hilton HHonors program, giving them access to more than 2,700 participating hotels and resorts around the world.

-- For the first time ever, Club Intrawest Members can use their Memberships for air, car and train travel.

About Club Intrawest

Club Intrawest is a private resort club for people who love ski, golf and beach vacations, and is operated by Intrawest Corporation, a world leader in destination resorts and adventure travel. There are more than 34,000 Members of Club Intrawest worldwide who share ownership in nine finely-crafted resorts around the world -- from Whistler, B.C. to Zihuatanejo, Mexico. Each Club location is in an exclusive destination celebrated for world-class recreation.

Members of Club Intrawest enjoy vacation privileges at all Club Intrawest locations and access to travel with Club Intrawest's distinctive resort, hotel, cruise and excursion partners.

About Hilton Grand Vacations Company

Hilton Grand Vacations Company, LLC is a division of Hilton Hotels Corporation (NYSE:HLT), recognized internationally as a preeminent hospitality company. The Hilton Family portfolio includes many of the world's best known and most highly regarded hotel brands, including Hilton®, Conrad®, Coral by Hilton, Doubletree®, Embassy Suites Hotels®, Hampton Inn®, Hampton Inn & Suites®, Hilton Garden Inn®, Hilton Grand Vacations Club® and Homewood Suites by Hilton® and Scandic hotels.

Headquartered in Orlando, Florida, HGVC develops, markets and operates a system of high-quality vacation ownership resorts in select vacation destinations. The company also operates two innovative club membership programs, Hilton Grand Vacations Club® and The Hilton Club® providing exclusive exchange, leisure travel, and reservation services for more than 86,000 Club Members.

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