Sunterra Corporation Bolsters UK Resort Offering With Acquisition of Thurnham Leisure Group

Nicholas Benson, Sunterra's CEO, commented, "This acquisition benefits Sunterra Corporation, our Club Sunterra members and all of the Thurnham Vacation Club members. With 149 timeshare units, approximately 6,000 active members and 1,600 unsold weeks, this represents a significant boost to our UK resort portfolio. We are familiar with the Thurnham Leisure Group who have been our neighbors in Lancashire for some years and we believe this transaction is undoubtedly the best outcome for all of their members and staff in the present circumstances.

"We are now in a position to welcome the Thurnham Vacation Club members and Thurnham Leisure Group employees into the Sunterra family. We have developed, and will implement, a detailed plan to ensure the seamless integration of the Thurnham Leisure Group assets into the existing Sunterra organization."

Sunterra will brand the properties as Sunterra resorts and transition customer service, reservations and systems into Sunterra's head office operation in Lancaster.

Sunterra Corporation is one of the world's largest vacation ownership companies, with vacation owner families and resort locations in the continental United States, Europe, the Caribbean, Hawaii and Mexico.

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