ORLANDO Sunterra Corp. has retained Insignia/ESG Hotel Partners to act as its exclusive broker in the marketing of selected assets owned by the company. As part of its ongoing reorganization plan, Sunterra has designated several non-strategic assets for disposition. Cash proceeds from the sales will be used to support the company s reorganization, to repay debt, and to invest in core properties, operations, systems and product development. (5/24/01)
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