marriott

Marriott Vacation Club Opens New Gold Coast, Australia Resort

If you’re a Marriott timeshare owner, pack your bags for a trip down under!

Marriott Vacation Club has just announced the opening of a brand new vacation ownership property in Surfers Paradise, Gold Coast, Australia. Named the Marriott Vacation Club at Surfers Paradise, the new resort will take the place of the existing Surfers Paradise Marriott Resort & Spa. [Read more…]

Living Water Resort logo

Living Water Resort Reveals Phase 3 Developments

Living Water Resort & Spa officially unveiled their Phase 3 developments on the resort’s rooftop for a handful of media and esteemed guests.

This resort is an integral part of the Cranberry Village brand. The village was built on a property around an existing small Inn. It has grown into a full village complex that features two hotels, 9,000 vacation memberships, restaurants, golf course, marina, and more.

[Read more…]

Diamond Resorts International

Diamond Resorts to Be Bought by Apollo Global Management

Just reported this morning, Diamond Resorts International has agreed to be bought by private equity firm Apollo Global Management LLC for $2.2 billion dollars.

Apollo will pay $30.25 per share—a 26% premium over Diamond’s closing share price Tuesday. This offer is 58% more than Diamond Resorts’ closing share price on February 24th. At that time, the company had said they were exploring strategic alternatives for growth.

[Read more…]

marriott

European Union Approves Marriott – Starwood Merger

Marriott and Starwood’s $13 billion deal is another step closer to becoming final as the European Union gave the two hospitality giants antitrust clearance on Monday.

The massive deal, which was announced late last year, will increase Marriott’s overall inventory by about 50%, and may give Marriott Vacation Club members more lodging options in the future. Most notably, famous Starwood brands like Sheraton, Westin, and St. Regis, will now exclusively fall under the Marriott brand. [Read more…]

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