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ILG, Inc.

Company type	Public
Traded as	Nasdaq: ILG
Industry	Hospitality
Founded	1976; 48 years ago (1976)
Defunct	September 1, 2018 (2018-09-01)
Fate	Acquired by Marriott Vacations Worldwide Corporation
Headquarters	Miami, Florida U.S.
Area served	Worldwide
Number of employees	5,000 (2012)
Website	ilg.com

ILG, Inc. is an American timeshare company and a subsidiary of Marriott Vacations Worldwide. It was formerly a subsidiary of the corporation IAC. ILG is the parent company of Interval International, a provider of membership and leisure services to the vacation industry. ILG consists of two operating segments: membership and exchange. ILG's principal business segment offers travel and leisure related products and services to owners of vacation interests and others primarily through various membership programs, as well as related services to resort developer clients. As of December 31, 2012, nearly 2,800 resorts located in over 75 countries participated in Interval's primary exchange network. As of that date, the Membership and Exchange segment had approximately two million members enrolled in its various membership programs including approximately 1.8 million in the Interval Network. The biggest competitors for Interval are RCI, and Platinum Interchange. Interval is the second largest timeshare exchange company after RCI.

Interval International was founded in 1976 in Miami. It was acquired by CUC International in 1992. In 1996, CUC merged with HFS, who owned RCI. Because of antitrust concerns, Interval was sold to Willis Stein & Partners.^[1] In 2002, USA Interactive (later renamed IAC), acquired Interval.^[2] Interval Leisure Group (later renamed ILG) was spun off of IAC in 2008 as a publicly-traded company.^[3]

In April 2018, Marriott Vacations Worldwide announced that they would purchase Interval Leisure Group for $4.7 billion, which was completed later that year.^[4]

References

^ "HISTORY". Timeshare News & Travel.
^ Johnson, Richard L. "Barry Diller Acquires Interval International for $578 million in Cash and Stock / June 2002". www.hotel-online.com.
^ Dealbook. "Investors Welcome IAC Spinoff". DealBook. Retrieved 2017-09-25.
^ Brinkmann, Paul (30 April 2018). "Marriott timeshare company will buy ILG for $4.7B stock and cash". Orlando Sentinel. Retrieved 20 April 2018.

v t e Timeshare chains
Bluegreen Corporation Club Mahindra Holidays Diamond Resorts Disney Vacation Club Hilton Grand Vacations Interval International Marriott Vacations Worldwide Marriott Vacation Club Royal Holiday Club Trading Places International Travel + Leisure Co. RCI WorldMark by Wyndham Wyndham Vacation Resorts Asia Pacific Vida Vacations Westgate Resorts
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v t e Qurate Retail Group
QVC Group	HSN QVC Zulily
Liberty Ventures Group	Evite FTD (37%) ILG (13%) LendingTree (26%)