East Stroudsburg, PA – June 1, 2018 – Today marked the newest milestone in the growth of the Exploria Resorts brand which was officially launched at the newest branded Sales Center on the site of Pocono Mountain Villas by Exploria Resorts, formerly Tree Tops and Fairway. The 618 unit vacation ownership resort has for decades provided consumers vacationing from the New York metropolitan and tri-state area a tranquil, four seasons mountain vacation retreat complete with a full line up of amenities for a vacation filled with fun and adventure.

The addition of the Pennsylvania Sales Center and the rebranding of the resort there to Pocono Mountain Villas by Exploria Resorts expands the Exploria Resorts collection of resorts and hotels from Florida, Tennessee, and Missouri to now include Pennsylvania, adding a geographic location with a rich drive in market from the northeast. This new Sales Center will provide a key platform from which to showcase vacation ownership opportunities with Club Exploria, the brand’s vacation ownership club, to consumers vacationing from the New York metropolitan and tri-state area. Exploria Resorts currently serves a worldwide ownership base of over 65,000 in popular vacation destinations such as Daytona Beach, FL, Gatlinburg, TN, and Orlando, FL. With the addition of the Pennsylvania resort, the ownership base will exceed 85,000.

“Today is a very exciting day” shared Matt Merriam, Director of Sales who leads the Pennsylvania based sales team. “We plan to do extraordinary things from this location.” The brand’s President/CEO, Thomas Morris, added “We believe that everyone deserves vacation memories that will last a lifetime and this is kept at the center of each daily guest interaction, from sales to service. With a shared commitment to excellence, it is the goal of every ONE TEAM member to contribute to the daily delivery of extraordinary experiences to our Exploria Resorts owners and guests.”

About Cerberus Capital Management, L.P.

Established in 1992, Cerberus Capital Management, L.P. is one of the world’s leading private investment firms. Cerberus has more than US $30 billion under management invested in three complementary strategies: global credit opportunities, private equity, and real estate. From its headquarters in New York City and network of affiliate and advisory offices in the U.S., Europe, and Asia, Cerberus has the on-the-ground presence to invest in multiple asset classes globally.

About Club Exploria LLC and Exploria Resorts

Club Exploria LLC and the Exploria Resorts brand are built upon more than 20 years of proven success as a diversified hospitality, development, and management company. With approximately 1200 employees, the Exploria Resorts brand is represented in four primary marketing and sales operations to support the collection of resorts and hotels in Florida, Tennessee, Missouri and Pennsylvania. The Exploria Resorts flagship property, Summer Bay Orlando in Orlando, FL, located in the Walt Disney World® Resort area, was established in 1995. The 400+ acre property is situated on a 64-acre spring-fed lake and includes a mix of 721 villa, condo, and individual home floor plans.