The Timeshare Authority https://www.thetimeshareauthority.com/ Timeshare News and Information for Owners, Sellers, Buyers and Renters Thu, 28 Mar 2024 15:51:55 +0000 en-US hourly 1 https://wordpress.org/?v=6.4.3 34185581 Marriott Vacations Worldwide Debuts New City Timeshare Collection https://www.thetimeshareauthority.com/2024/03/28/marriott-vacations-worldwide-debuts-new-city-timeshare-collection/ Thu, 28 Mar 2024 15:51:52 +0000 https://www.thetimeshareauthority.com/?p=18645 Due to the growing demand for timeshares outside of the customary vacation destinations, leading hospitality company Marriott Vacations Worldwide has just announced its newest collection of timeshare properties: the Marriott Vacation Club City Collection. Currently, the Club City Collection has seven properties including popular city destinations like Boston, New York City, and San Francisco. Though […]

The post Marriott Vacations Worldwide Debuts New City Timeshare Collection appeared first on The Timeshare Authority.

]]>
Due to the growing demand for timeshares outside of the customary vacation destinations, leading hospitality company Marriott Vacations Worldwide has just announced its newest collection of timeshare properties: the Marriott Vacation Club City Collection.

Currently, the Club City Collection has seven properties including popular city destinations like Boston, New York City, and San Francisco. Though this sub-genre of timeshares will remain just a small portion of the company’s expansive portfolio of timeshare properties, executives have noticed the increased interest.

CEO John Geller discussed these market changes:

“We knew, for example, before we announced our New York City Marriott Vacation Club that our owners stay in New York about 200 nights a day, on average, by exchanging their points for Bonvoy points and then using those Bonvoy points to stay in New York City at Marriott hotels”

Though an acceptable way to utilize Marriott’s points system, transferring club points into Bonvoy points has left many of these properties with vacant timeshare units. This small change in how Marriott allows owners to utilize their points will help bridge the gap they’re experiencing.

Marriott Vacations has also picked Charleston, Savannah, and Waikiki as vacation destinations to add to its city clubs in the future.

These new properties, much like the existing properties within the collection, will be designed to include several unmatched amenities not typically found in urban settings. For example, its 110-guest room Waikiki property, set to open by year-end, will include exceptional rooftop amenities like a pool, fitness center, bar, and two floors of retail stores.

Another impressive amenity that can be found across the portfolio will be its knowledgeable concierge services to assist owners and guests find the best travel experiences like dining options, shopping areas, and activities.

For more information on Marriott Vacations Worldwide and their timeshare portfolios, please visit their official website.

The post Marriott Vacations Worldwide Debuts New City Timeshare Collection appeared first on The Timeshare Authority.

]]>
18645
Westgate Resorts Names Jim Gissy as Chief Executive Officer https://www.thetimeshareauthority.com/2024/03/27/westgate-resorts-names-jim-gissy-as-chief-executive-officer/ Wed, 27 Mar 2024 16:10:53 +0000 https://www.thetimeshareauthority.com/?p=18644 Westgate Resorts has named longtime company executive Jim Gissy Chief Executive Officer. This was made effective on March 5, 2024. Company Founder, David Siegel, will remain Executive Board Chairman and President. He will also continue to be the leader in all major company decision-making. In this role, Gissy will oversee all company operations, sales, and […]

The post Westgate Resorts Names Jim Gissy as Chief Executive Officer appeared first on The Timeshare Authority.

]]>
Westgate Resorts has named longtime company executive Jim Gissy Chief Executive Officer. This was made effective on March 5, 2024. Company Founder, David Siegel, will remain Executive Board Chairman and President. He will also continue to be the leader in all major company decision-making.

In this role, Gissy will oversee all company operations, sales, and marketing. Gissy stated:

“It’s an honor to help lead this incredible organization and work side by side with the most talented group of Team Members in the industry. I am humbled to take on this responsibility from my mentor and friend for over forty years, David Siegel.”

Jim Gissy first joined Westgate Resorts in 1984 and was immediately setting sales records in the company and industry. He then expanded his management responsibilities which led to his promotion to Senior Executive Vice President. Gissy received the ARDY Award from ARDA in 1996 as Top Sales Executives. He received many other awards and accolades throughout his 40+ year career.

As he has done in the past, Siegel will continue playing an instrumental role in maintaining the company’s vision. His focus remains on finding ways to solve the opioid epidemic through Victoria’s Voice Foundation, in memory of his daughter. Siegel commented:

“Jim has been my right hand and friend going back forty years. Jim is an exceptional leader and I could not be happier to have him assume this role at my company. The future for Westgate is very bright!”

Learn more about Westgate Resorts on the company’s website.

The post Westgate Resorts Names Jim Gissy as Chief Executive Officer appeared first on The Timeshare Authority.

]]>
18644
Hilton Grand Vacations Partners with American Red Cross for “Early Giving Day” https://www.thetimeshareauthority.com/2024/03/20/hilton-grand-vacations-partners-with-american-red-cross-for-early-giving-day/ Wed, 20 Mar 2024 15:58:28 +0000 https://www.thetimeshareauthority.com/?p=18640 Hilton Grand Vacations announced that they have one again partnered with the American Red Cross for its third annual “Early Giving Day” fundraiser. This campaign supports the Red Cross’s disaster relief efforts. Hilton Grand Vacations will be matching donations dollar-for-dollar up to $50,000 on March 19. In 2023, the US experienced a historic number of […]

The post Hilton Grand Vacations Partners with American Red Cross for “Early Giving Day” appeared first on The Timeshare Authority.

]]>
Hilton Grand Vacations announced that they have one again partnered with the American Red Cross for its third annual “Early Giving Day” fundraiser. This campaign supports the Red Cross’s disaster relief efforts. Hilton Grand Vacations will be matching donations dollar-for-dollar up to $50,000 on March 19.

In 2023, the US experienced a historic number of weather-related disasters with damages totaling over $92 billion. Not only were these events devastating for the economy, but also caused families to suffer from injuries, illness, and loss of their homes and possessions. The American Red Cross responds to an emergency every eight minutes by sending out a team that can provide resources for those impacted by disaster.

“At Hilton Grand Vacations, we’re committed to stepping up to support the communities in which we live, work and vacation,” said Mark Wang, president and CEO of Hilton Grand Vacations. “The Red Cross is always ready to mobilize a team in crisis situations. It’s an honor to support our long-term partner and help them continue to create positive change and resilience in communities across our nation.”

Michael D. Brown, regional CEO of the American Red Cross of Central Florida and the U.S. Virgin Islands, also commented:

“The Red Cross is responding to nearly twice as many large disasters as we did a decade ago to help families and communities struggling with more frequent and intense disasters. Last year’s onslaught of extreme weather events is an example of why it’s so critical for us to have the resources and support in place to meet emerging needs – which is only possible with the generous support of donors like Hilton Grand Vacations.”

Hilton Grand Vacations has been a long-time supporter of the American Red Cross through the company’s social responsibility program, HGV Serves. This program works to create impactful and positive changes for underserved communities and individuals. Beyond disaster relief, HGV Services focuses on three philanthropic pillars: homelessness, military and families, and youth development. HGV Serves also empowers team members to support their communities by hosting a variety of volunteer events.

Learn more about Hilton Grand Vacations and how they give back by visiting the company’s website.

The post Hilton Grand Vacations Partners with American Red Cross for “Early Giving Day” appeared first on The Timeshare Authority.

]]>
18640
Vacation Innovations Named Best Overall Company, Wins Three Awards at the 2024 GNEX Conference https://www.thetimeshareauthority.com/2024/03/19/vacation-innovations-named-best-overall-company-wins-three-awards-at-the-2024-gnex-conference/ Tue, 19 Mar 2024 18:04:47 +0000 https://www.thetimeshareauthority.com/?p=18639 Vacation Innovations (“VI” or the “Company”), a leading provider of travel-related products, software and services, today announced it was awarded the 2024 GNEX Vacation Industry Awards for Best Overall Company for companies with fewer than 250 employees, Best Membership Program, and Best Marketing Professional at the 2024 Global Networking Expo. The Company has won multiple […]

The post Vacation Innovations Named Best Overall Company, Wins Three Awards at the 2024 GNEX Conference appeared first on The Timeshare Authority.

]]>
Vacation Innovations (“VI” or the “Company”), a leading provider of travel-related products, software and services, today announced it was awarded the 2024 GNEX Vacation Industry Awards for Best Overall Company for companies with fewer than 250 employees, Best Membership Program, and Best Marketing Professional at the 2024 Global Networking Expo. The Company has won multiple GNEX Vacation Industry Awards (formerly Perspective Magazine Awards) each year since the awards’ inception in 2011.

VI has won the Best Overall Company award in three of the past four years, which serves as a reflection of the Company’s dedication to its clients and their customers. The Company has served as a trusted partner within the travel industry for decades, offering best-in class travel services and industry-leading expertise in vacation ownership solutions for consumers and developers, while also serving as an employer of choice. Vacation Innovations was named one of Orlando Sentinel’s Top Workplaces in 2022 and 2023.

The Company also won Best Membership Program for My Travel Rewards Club (MTRC), an elite, concierge-style membership program. MTRC redefines luxury travel for discerning clients, including high-end travelers and timeshare owners, offering unparalleled access to luxury resort vacations globally at exclusive, members-only prices. In addition, Abigail Whitaker, VI’s Chief Marketing Officer, was again recognized as the Best Marketing Professional for her excellence in leading the Company’s marketing efforts, an award she previously won in 2021.

“We’re honored to again be recognized by the GNEX Vacation Industry Awards for our teams’ efforts,” said Bryan Rand, President of Vacation Innovations. “We pride ourselves in delivering exceptional products and services for our industry partners and are actively working to expand our offerings to further meet the needs of our clients. I’m incredibly proud of our teams and look forward to another year of continued innovation.”

The Company has continued its significant presence at all GNEX conferences, attending and sponsoring events in the U.S., Canada, and Mexico. The GNEX Conference series serves as an important opportunity to connect with global partners and explore new relationships within the vacation ownership industry.

Vacation Innovations continues to provide innovative solutions for resort developers and their clients, leveraging its brands, programs, and technology to increase sales and improve the guest experience. The Company also maintains a strong presence within the industry with executive-level representation at key events led by the American Resort Development Association, the Canadian Resort and Travel Association (CRTA), the Asociación de Complejos Vacacionales y Turísticos (ACOTUR), the Cooperative Association of Resort Exchangers (C.A.R.E.), and more.

About Vacation Innovations
Founded in 1999, Vacation Innovations (vacationinnovations.com) is a leading provider of travel-related products, software and services. Leveraging advanced digital marketing strategies, sophisticated software solutions, and decades of experience in vacation ownership, VI brings new vacation opportunities to a diverse audience of novice and seasoned travelers alike. The Vacation Innovations family of brands offers a wide range of travel services, including simplified resort rentals, online advertising and marketing products for by-owner timeshare sales and rentals, licensed timeshare brokerage and title transfer services, as well as customized owner services, tour generation, and product solutions for timeshare resorts, resort developers, HOAs and timeshare management companies. VI has been previously recognized with the 2022 ARDA Award for Business Administration or Operations Team and the 2023 GNEX Vacation Industry Awards for Best Technology, Best Industry Leader, and Best Marketing Professional.

The post Vacation Innovations Named Best Overall Company, Wins Three Awards at the 2024 GNEX Conference appeared first on The Timeshare Authority.

]]>
18639
Bluegreen Vacations Celebrates the Grand Opening of the Club Lodges at Trillium https://www.thetimeshareauthority.com/2024/03/14/bluegreen-vacations-celebrates-the-grand-opening-of-the-club-lodges-at-trillium/ Thu, 14 Mar 2024 13:36:34 +0000 https://www.thetimeshareauthority.com/?p=18638 Bluegreen Vacations has announced the opening of The Club Lodges at Trillium in Cashiers, North Carolina, and has welcomed its first guests. The resort is set in a private residential, lake, and golf community, providing guests with the ample amenities and activities of living in a private community. This includes playing at Trillium Links, swimming […]

The post Bluegreen Vacations Celebrates the Grand Opening of the Club Lodges at Trillium appeared first on The Timeshare Authority.

]]>
Bluegreen Vacations has announced the opening of The Club Lodges at Trillium in Cashiers, North Carolina, and has welcomed its first guests. The resort is set in a private residential, lake, and golf community, providing guests with the ample amenities and activities of living in a private community. This includes playing at Trillium Links, swimming pools, tennis courts, two restaurants, spa services, and more.

This mountain resort is nestled in the heart of the Blue Ridge Mountains and on the shores of Lake Glenville. The property opened with 26 two- and three-bedroom suites, with a total of 78 units to be built once all three phases are complete.

“At The Club Lodges at Trillium, Bluegreen Vacation Club owners can customize their mountain vacation experience by choosing either a two-bedroom villa or a 2,000-square-foot, three-bedroom Presidential suite. Once there, vacationers can enjoy cozy fireplaces and welcoming ‘island’ kitchens, all snuggled against a plateau lake and shoreline,” commented Michael Hammond, General Manager. “If you’re searching for a perfect vacation or a unique place for the family to get away from it all, the Club Lodges at Trillium is suited equally to vigorous recreation or tranquil R&R.”

To learn more about The Club Lodges at Trillium, visit the resort’s website.

The post Bluegreen Vacations Celebrates the Grand Opening of the Club Lodges at Trillium appeared first on The Timeshare Authority.

]]>
18638
Lifestyle Luxury Vacation Club Announces Global Expansion Plans https://www.thetimeshareauthority.com/2024/03/06/lifestyle-luxury-vacation-club-announces-global-expansion-plans/ Wed, 06 Mar 2024 16:23:30 +0000 https://www.thetimeshareauthority.com/?p=18634 A Dubai-based high-end vacation ownership program, Lifestyle Luxury Vacation Club, has revealed its plan for international expansion in 2024. This marks a significant step towards changing upscale tourism beyond the borders of UAE. Known for it’s unique itineraries and exclusive access to Dubai’s top attractions, Lifestyle Luxury Vacation Club is set to widen its global […]

The post Lifestyle Luxury Vacation Club Announces Global Expansion Plans appeared first on The Timeshare Authority.

]]>
A Dubai-based high-end vacation ownership program, Lifestyle Luxury Vacation Club, has revealed its plan for international expansion in 2024. This marks a significant step towards changing upscale tourism beyond the borders of UAE.

Known for it’s unique itineraries and exclusive access to Dubai’s top attractions, Lifestyle Luxury Vacation Club is set to widen its global footprint. The brand stays committed to providing unparalleled hospitality and plans to introduce members to new and prestigious destinations worldwide.

Lifestyle Luxury Vacation Club offers luxurious accommodations ranging from fancy apartments in Dubai’s city center to relaxed villas overlooking the Arabian Gulf. The brand also advocates for eco-friendly practices and cultural immersion to safeguard the beauty and heritage for many generations.

In response to a growing demand for luxury travel experiences that are both cultured and sophisticated, Markus Wischenbart, CEO of Lifestyle Luxury Vacation Club, commented:

“Our expansion in 2024 will enable us to offer these distinctive experiences to a wider audience, underscoring our dedication to excellence, sustainability, and cultural enrichment on a global scale.”

The expansion of Lifestyle Luxury Vacation Club will bring Duba’s unmatched service and exclusivity to the global stage, making Dubai a true leader in the luxury travel industry.

Learn more about Lifestyle Luxury Vacation Club on the brand’s website.

The post Lifestyle Luxury Vacation Club Announces Global Expansion Plans appeared first on The Timeshare Authority.

]]>
18634
Travel + Leisure Co. Acquires Accor Vacation Club https://www.thetimeshareauthority.com/2024/03/04/travel-leisure-co-acquires-accor-vacation-club/ Mon, 04 Mar 2024 15:23:31 +0000 https://www.thetimeshareauthority.com/?p=18633 Leading vacation membership and travel company Travel + Leisure Co. has just announced its latest acquisition of of of Australia and New Zealand’s largest vacation clubs, Accor Vacation Club. Accor Vacation Club is based in Australia, New Zealand, and Indonesia with nearly 30,000 club members and 24 club resorts across all three countries. Travel + […]

The post Travel + Leisure Co. Acquires Accor Vacation Club appeared first on The Timeshare Authority.

]]>
Leading vacation membership and travel company Travel + Leisure Co. has just announced its latest acquisition of of of Australia and New Zealand’s largest vacation clubs, Accor Vacation Club.

Accor Vacation Club is based in Australia, New Zealand, and Indonesia with nearly 30,000 club members and 24 club resorts across all three countries. Travel + Leisure Co. will begin integrating this brand into its business structure and is now responsible for the club’s development and marketing.

As a part of the agreement, Travel + Leisure Co. can expand its offerings, such as clubs and products, using the Accor Vacation Club brand in places like Asia Pacific, the Middle East, Africa, and Turkey.

As it stands, Travel + Leisure Co. now has more than 100,000 members and 77 resorts across its portfolio of brands.

President and Managing Director of International Operations for Travel + Leisure Co. Barry Robinson was excited to discuss the news:

“These markets are all large consumer markets with incredible growth potential, and Accor’s portfolio of hotel and resort brands are already well-known and highly regarded by travellers in these regions, making them logical places for the future expansion of the Accor Vacation Club business.”

Robinson added:

“Our intention is to grow the brand in the various markets where we are licensed and expand in the markets Accor Vacation Club is already operating in. We are excited to have the opportunity to build on the 24-year legacy of Accor Vacation Club and, as the world’s leader in vacation ownership, we have the knowledge to grow Accor Vacation Club while conveying its unique propositions and delivering the elevated guest experiences the business is renowned for”

This acquisition will allow Travel + Leisure Co. to continue expanding its vacation ownership offerings by utilizing its family of beloved brands like Wyndham, Sports Illustrated, and Margaritaville.

Accor Vacation Club’s current CEO, Craig Wood, will continue managing the day-to-day operations of the club and will report to Robinson.

Wood was also happy to discuss this development:

“At Accor Vacation Club, we have a team that is passionate about the brand and product and are excited about this change. We look forward to seeing the Accor Vacation Club brand grow and continue to deliver great outcomes for club members with guidance from Travel + Leisure Co.”

For more information on Travel + Leisure Co. or Accor Vacation Club, please visit Travel + Leisure’s official website or Accor Vacation Club’s official website.

The post Travel + Leisure Co. Acquires Accor Vacation Club appeared first on The Timeshare Authority.

]]>
18633
RCI announces affiliation with Evaan Resorts The Forest Vines Corbett https://www.thetimeshareauthority.com/2024/02/22/rci-announces-affiliation-with-evaan-resorts-the-forest-vines-corbett/ Thu, 22 Feb 2024 15:31:04 +0000 https://www.thetimeshareauthority.com/?p=18631 Leading external exchange company, RCI, has announced its latest affiliation with Evaan Resorts The Forest Vines Corbett from Evaan Vacation Club, adding another luxurious vacation brand to their extensive network. The Forest Vines Corbett is a gorgeous resort property in the Jim Corbett National Park, Uttarakhan. It’s one of the several properties in Evaan Vacation […]

The post RCI announces affiliation with Evaan Resorts The Forest Vines Corbett appeared first on The Timeshare Authority.

]]>
Leading external exchange company, RCI, has announced its latest affiliation with Evaan Resorts The Forest Vines Corbett from Evaan Vacation Club, adding another luxurious vacation brand to their extensive network.

The Forest Vines Corbett is a gorgeous resort property in the Jim Corbett National Park, Uttarakhan. It’s one of the several properties in Evaan Vacation Club in the general region. This vacation club has a rich legacy of providing high-end hospitality experiences in the vacation ownership industry.

Through this affiliation, RCI members can exchange their timeshare for a vacation at the Evaan Resorts The Forest Vines Corbett. They will also gain numerous benefits such as discounts, priority booking, offers, and member-only events.

“We are excited to welcome Evaan Resorts’ The Forest Vines Corbett into the RCI family, we are confident that our members will experience a perfect vacation that combines luxury and adventure.” said Robin Mills, Vice President of Business Development – Europe, Middle East, African, India, and Asia Pacific.”

CEO Mr. Gulvendra Singh, spokesperson of Evaan Vacation Club, also commented:

“With a unique and dedicated chain of hotels, Evaan Resorts is your one-stop solution to travel stay. We are excited to partner with RCI and offer our guests access to their vast network of vacation destinations. We believe that this affiliation will help us reach a wider audience and provide more people with an opportunity to experience the beauty of the Evaan Resorts Forest Vines Corbett.”

Staying at the Forest Vines Corbett allows you to experience a special blend of luxury and adventure. It’s perfect for families, couples, and solo travelers with its picturesque location and world-class amenities.

Learn more about RCI by visiting their website.

The post RCI announces affiliation with Evaan Resorts The Forest Vines Corbett appeared first on The Timeshare Authority.

]]>
18631
RCI Commemorates 50th Anniversary https://www.thetimeshareauthority.com/2024/02/06/rci-commemorates-50th-anniversary/ Tue, 06 Feb 2024 14:49:14 +0000 https://www.thetimeshareauthority.com/?p=18629 Global leader in vacation ownership exchange, RCI, is celebrating its 50th anniversary today. RCI truly transformed the timeshare industry by becoming the first vacation exchange platform. To celebrate this exciting milestone, the company is rolling out “RCI 50” branding with a dedicated website. The company is also offering travel deals to its 3.5 million members […]

The post RCI Commemorates 50th Anniversary appeared first on The Timeshare Authority.

]]>
Global leader in vacation ownership exchange, RCI, is celebrating its 50th anniversary today. RCI truly transformed the timeshare industry by becoming the first vacation exchange platform. To celebrate this exciting milestone, the company is rolling out “RCI 50” branding with a dedicated website. The company is also offering travel deals to its 3.5 million members across the globe on 50,000+ getaways.

RCI is celebrating the past and looking towards the future. The company will feature an interactive timeline, a commemorative history video, member and affiliate testimonials, and travel deals to a digital issue of RCI Magazine. They can also be accessed by visiting www.RCI.com/50.

“We are so proud to celebrate the 50th anniversary of RCI in 2024. As the pioneer of vacation exchange, RCI has continually evolved to meet members where they are and support our affiliates throughout the years,” said Paul Mulcahy, managing director for RCI North America. “As we head into our sixth decade, we promise even more – more benefits, flexibility, value, and travel opportunities. Here’s to another 50 years of going more places together!”

RCI introduced the idea of vacation exchange in 1974, giving timeshare owners the chance to “deposit” their weeks or points in exchange for a vacation at a different resort within the company’s network. This travel flexibility made vacation ownership more appealing and accessible to a wider range of individuals and as such, helped the industry to grow.

Since its beginnings, RCI has introduced numerous other travel products and services, becoming the ultimate travel planning resource for members and their affiliates. RCI now offers a flexible currency for members to book stays at over 600,000 resorts and hotels worldwide, plus some other great travel benefits.

Some of the most notable RCI 50th Anniversary milestone numbers include:

  • Facilitated travel for approximately 250 million people
  • Hosted around 62 million exchanges on its platform
  • Built a member base of 3.5 million travelers
  • Brought in 4,100+ resorts across 110 countries to its network of affiliated resorts

Learn more about RCI and their many travel services by visiting the company’s website.

The post RCI Commemorates 50th Anniversary appeared first on The Timeshare Authority.

]]>
18629
Hilton Grand Vacations Completes Acquisition of Bluegreen Vacations https://www.thetimeshareauthority.com/2024/01/17/hilton-grand-vacations-completes-acquisition-of-bluegreen-vacations/ Wed, 17 Jan 2024 20:38:26 +0000 https://www.thetimeshareauthority.com/?p=18555 Hilton Grand Vacations has officially announced that it has completed the acquisition of Bluegreen Vacations. This previously disclosed acquisition was an all-cash transaction of around $1.5 billion, including net debt. This acquisition widens Hilton Grand Vacations’ offerings as well as customer reach and sales locations. Mark Wang, president and CEO of Hilton Grand Vacations, was […]

The post Hilton Grand Vacations Completes Acquisition of Bluegreen Vacations appeared first on The Timeshare Authority.

]]>
Hilton Grand Vacations has officially announced that it has completed the acquisition of Bluegreen Vacations. This previously disclosed acquisition was an all-cash transaction of around $1.5 billion, including net debt. This acquisition widens Hilton Grand Vacations’ offerings as well as customer reach and sales locations.

Mark Wang, president and CEO of Hilton Grand Vacations, was quoted saying:

“I’m thrilled to welcome Bluegreen Vacations to the HGV family, uniting two highly complementary businesses to further scale and diversify our best-in-class offering,” said. This combination adds approximately 200,000 members and expands our resort portfolio to nearly 200 properties in 14 new geographies and eight new states. The addition of exciting new outdoor destinations and world-class strategic partnerships, including Bass Pro Shops and NASCAR, transforms our business from a leader in the vacation ownership industry to a premier vacation ownership and experiences company that builds on our legacy of adventure, innovation and exploration. Together, we have the opportunity to offer our members and guests access to even more memorable vacations and experiences, while enhancing our ability to drive long-term shareholder value.”

The combination of these two major brands also provides upside by leveraging the infrastructure developed as part of Hilton Grand Vacations’ recent business evolution, including the lucrative launch of its Hilton Vacation Club brand, the expanded access offered through its HGV Max membership, and the HGV Ultimate Access experiential events platform.

This acquisition is expected to generate around $100 million in run0rate cost synergies in the first 24 months after the deal closes. It also supports higher free cash flow conversations and benefits HGV’s base of recurring EBITDA.

Learn more about Hilton Grand Vacations on the company’s website.

The post Hilton Grand Vacations Completes Acquisition of Bluegreen Vacations appeared first on The Timeshare Authority.

]]>
18555