Timeshare

After 57 years, family-owned Welk Hospitality Group has agreed to an approximated $430-million acquisition offer from Marriott Vacations Worldwide (MVW.) This offer includes the sale of Welk Resorts’ portfolio of resort properties, vacation ownership programs, and property management contracts, as well as 1.4 million Marriott Vacations Worldwide shares. The deal has an anticipated closing sometime early in the second quarter of 2021. [Read more…]

Grand Pacific Resorts has just announced its fourth Tahoe resort, Tahoe Sands Resort on Tahoe’s North Shore. The award-winning timeshare management group will begin management of this property on January 1, 2020. [Read more…]

Wyndham Destinations has just announced its proposed new resort location in downtown Atlanta, Georgia, which will be added to both the Margaritaville Vacation Club® by Wyndham and Club Wyndham® vacation club portfolios. [Read more…]

Hilton Grand Vacations announces the official name of the Sesokojima resort: The Beach Resort Sesoko by Hilton Club. The resort name is inspired by the untouched, natural beauty of northern Okinawa’s secluded Sesoko Island, with abundant white sand beaches, uninterrupted ocean views and picturesque sunsets. [Read more…]