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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…]

SellMyTimeshareNow.com, the world’s most active online marketplace for timeshares for sale and for rent by owner, celebrates the strength of its timeshare resale and rental platform in the midst of a challenging year for the travel industry. In 2020, the Company drove more than 3.4 million visits to its family of websites, resulting in over 36,700 offers—totaling more than $170 million—to buy or rent timeshares on SellMyTimeshareNow.com.

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The Central Florida Hotel & Lodging Association (CFHLA) has honored Marriott Vacations Worldwide CEO Stephen P. Weisz with the Charles Andrews Memorial Hospitality Award for Community Leadership. Weisz was presented with this award at the CFHLA Members of the Year Awards Ceremony hosted in Orlando, Florida. [Read more…]

Leading external exchange company, RCI, has confirmed that it will be a Supporting Sponsor for the upcoming GNEX 2021 Conference. This vacation ownership industry conference will take place May 17-19, 2021 in Miami, Florida at the Eden Roc / Nobu Hotel.

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