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.

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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.

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American Resort Development Association (ARDA) has been working to better track and understand the behavior of travelers in the United States. Through this research, they have developed the Vacation Ownership Sentiment Index, which officially launched today. [Read more…]

Vail Resorts has just announced that it has entered into an agreement to acquire Crans-Montana Mountain Resort in Switzerland from CPI Property Group. This is the company’s second ski resort in Europe. Crans-Montana Mountain Resort offers over 4,593 feet of skiable vertical terrain and 86 miles of trails. [Read more…]