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Ultimate Escapes Adds New Destination In Florence, Italy

New Elite Property within the Features Views of the , Further Expands Club’s Portfolio of Luxury Destinations

, Inc. (NYSE Amex: UEI and UEIWT), one of the world’s largest destination clubs, today announced the addition of a new Elite Club residence within the in Florence, . Featuring views of the historic bridge arched over the Arno River, this acquisition further expands ’ current collection of luxury properties around the world, offering members the very best selection in destinations as well as memorable experiences with loved ones.

“This spectacular Elite Club property in the in Florence helps to further round-out our international destination collection,” said Jim Tousignant, CEO and president of . “The art, culture and history of Florence make it a very special addition to our portfolio. Our members now have a place they can call home in this spectacular city.”

Located on Lungarno Acciaiuoli, next to , one of Europe’s oldest bridges, the are unsurpassed in design, style, views and amenities. is dedicated to providing guests with the comforts of home without giving up the services, amenities and comforts of a luxury hotel. The Elite property features 2 bedrooms, 2 baths, and more, all within a well-designed layout. The suite’s expansive
windows showcase the splendors of the city creating a striking experience of incomparable light and beauty, providing magnificent views of Florence and , as well as unforgettable sunsets.

LLC (), an international advisory and management company servicing developers and investors in luxury mixed-use and resorts, helped to facilitate the relationship with . “We are proud to offer members access to this unique urban lifestyle resort in the heart of Florence,” said , president of , based in Chicago. “We are
always seeking ways to maximize value for our real estate assets through creative strategies and innovative partnerships with like-minded businesses. represents the ideal synergy.”

“Lungarno and are committed to offering visitors an experience that conveys hospitality, elegance, sensitivity and culture – values that mirror the foundation of our family business,” said Leonardo Ferragamo, chairman of Lungarno . “’ members are an ideal fit for given their commitment to quality time with loved ones. We are thrilled to offer them these quintessential values native to our Italian character.”

As with every experience, all conceivable comforts will be available to members. Features and services include reception service 24 hours a day, housekeeping service twice a day, concierge, laundry service, free high speed Internet, satellite TV, CD player, DVD player, A/C and more. On request services include limousine, valet parking and video conference systems. Members of will also enjoy access to other Lungarno facilities in the heart of Florence including free use of the gym in the Continentale, invitations to exhibitions in the Gallery Hotel Art, special facilities and services at Lungarno Details Store, and special services at Borgo San Jacopo Restaurant, the Fusion Bar & Restaurant, Bar & Sky
Lounge Continentale and Lounge Bar Lungarno.

About
was inaugurated in January 2002 in Florence as an exclusive project of Design residence by Lungarno , the hotel management company owned by the Ferragamo family. is part of the international network “Small Luxury of the World.” , directly facing the Arno River and the , offers guests the sensation of having a home in Florence without giving up the services and comforts of a hotel. Forty-four suites, consisting of studio suites, one bedroom and two bedroom suites, have a contemporary personality: a smart and functional design that is the natural evolution of Hotel Lungarno’s character, the progenitor of a new hotel generation within the company. represents a diversified form of personalized hospitality within the hotel company. Along with the other projects, Lungarno seals the quality of accommodating guests that are travelling for either business or pleasure with a unique and valuable way of being in Florence and in its surroundings. Additional information can be found at www.lungarnohotels.com.

About ®
Founded in 2004, is the largest luxury as measured by number of club destinations, and the second-largest as measured by number of members. offers members flexible access to a growing collection of hundreds of multi‐million dollar and luxury in more than 150 global club and affiliate destinations. Locations range from chic urban
apartments to charming beach cottages, spacious five-bedroom homes to an 80-foot private yacht. Each trip is coordinated by experienced, knowledgeable staff, trained to handle every vacation detail. Additional information about and its club and membership offerings can be found at  www.ultimateescapes.com.


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