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Demeure Resumes Travel for Ultimate Escapes Members in Time for Thanksgiving

WATERLOO, Ontario, Nov. 12, 2010 /PRNewswire via COMTEX/ -- Demeure, a next generation travel community through which members access the world's finest vacation homes at discounted rates and without costly membership capital contributions or deposits, today announced that an emergency motion was filed earlier this week with the Bankruptcy Court in Delaware to reinstate travel for members of the defunct Ultimate Escapes Destination Club ahead of schedule and in time for the holidays. With the consent of the major parties in the bankruptcy, the Court is expected to enter an order on an expedited basis in order to permit UE members who join Demeure to travel in time for Thanksgiving.

To view the multimedia assets associated with this release, please click http://www.prnewswire.com/news-releases/demeure-resumes-travel-for-ultimate-escapes-members-in-time-for-thanksgiving-107469683.html "We had not yet booked for Hawaii for this Christmas holiday season but despite there being few choices on the open market, none of which we were familiar with, Demeure booked us into a fabulous destination," said Bill Roberts. "The dedication and effort that the Demeure management and planners put in for us as former UE members has certainly convinced us that joining Demeure was the right decision." According to Peter Schwartz, Chairman and CEO of Demeure, "Since we were selected as the highest and best bidder for Ultimate Escapes, we have engaged in a company-wide effort to reach out to each and every UE member personally and secure their vacation plans. We have spoken with over 600 members and have updated our contract terms for the UE Member Transition which were posted on our website to reflect the excellent feedback that we have received. We are now focusing on getting members traveling again. Our goal is to reach out to all of the UE members by the end of this week, giving them the one-on-one contact that every member deserves in order to understand the significant benefits of participating in Demeure's growing travel community.

When it became clear that in the wake of the UE bankruptcy many members had made alternate travel arrangements for the end of 2010 and the beginning of 2011, Demeure added more flexibility for the start date for commencement of its travel year. For other UE members who found themselves in a difficult spot - with airline tickets in hand and no villa to accommodate them, Demeure worked to salvage their plans.

For information on how to transition to Demeure, please visit the UE Member Transition Micro-site at http://www.demeure.com/news/ultimate-escapes.

ABOUT DEMEURE Demeure is a community of discerning travelers that provides access to homes, villas, flats and hotels in sought after locations at significant discounts.

Demeure's management team includes travel, financial and supply chain management experts who have developed a vacation club model that responds to the needs of the market with minimal financial risk. Demeure delivers smart, flexible and cost efficient access to properties all around the world.

Members of Ultimate Escapes who have questions may continue to submit them via email to ue@demeure.com.

ULTIMATE ESCAPES MEMBERS WHO ARE INTERESTED IN MAKING THE TRANSITION TO DEMEURE ARE ENCOURAGED TO CONTACT DEMEURE AT THE FOLLOWING NUMBERS between 9am-5pm Central time at 1-877-774-8738 or 1-877-814-2919 Related Links: Demeure SOURCE Demeure www.prnewswire.com Copyright (C) 2010 PR Newswire. All rights reserved -0- KEYWORD: Canada

Ontario INDUSTRY KEYWORD: TRA

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