Tuesday, July 5, 2016
Resort Condominiums International (RCI) has expanded its timeshare exchange offerings in India by adding the Legends Club at Hard Rock Hotel Goa to its catalogue. It is the most recent move by the ownership exchange giant to diversify and grow its list of member resorts around the world. [Read more…]
Thursday, June 30, 2016
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.
Wednesday, June 29, 2016
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.
Tuesday, June 28, 2016
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…]
