Hilton Grand Vacations Club

Hilton Acquires Waldorf Astoria Orlando

Hilton Worldwide, parent company of Hilton Grand Vacations Club, has acquired the Waldorf Astoria Orlando. The hospitality group purchased the resort from the current development association: Blackstone, GEM Realty Capital, and Farallon Capital Management.Within this deal, Hilton also acquired full ownership of the Hilton Bonnet Creek timeshare resort in Orlando.

The two resorts form a 482-acre compound adjacent to Walt Disney World®. The Waldorf Astoria Orlando and Hilton Bonnet Creek resorts both opened in 2009 and have become popular destinations for families, business travelers, and general vacationers. [Read more...]

Velas Resorts

Velas Resorts Receive AAA Five Diamond Awards

Mexico’s Velas Resorts is happy to announce that they have received multiple AAA Five Diamond awards for 2015.

In the resorts category, the Grand Velas Riviera Nayarit and the Grand Velas Riviera Maya were both granted AAA Five Diamond status. [Read more...]

El Cid Vacations Club

El Cid Vacations Club Receives RCI President’s Club Award

The El Cid Vacations Club is proud to announce that they have been honored with the RCI President’s Club Award.

Although this is not the first time that El Cid has received this prestigious award, the company is excited to accept it once more. The timeshare group received the President’s Club Award at a recent ceremony. [Read more...]

Starwood

Starwood CEO Resigns 1 Week After Spin-off Announcement

Starwood Hotels & Resorts’ Frits van Paasschen has resigned from his position as CEO. The change was announced Tuesday, February 17th, and was described as a mutual agreement with Starwood’s board of directors.

This comes just a week after the announcement of the Starwood Vacation Ownership spin-off. For the moment, Starwood Director Adam Aron will act as interim CEO and van Paasschen will continue to stay on as a consultant through the transition. Starwood has stated that they are considering both internal and external candidates. [Read more...]

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