The Park City Hyatt Escala Lodge was recently acquired by Sunrise Holding, LLC, a finance organization in association with Lantern Asset Management and Resort Finance America.
Located on the mountainside village of the Canyons Resort, Hyatt’s Escala Lodge Park City is an AAA Four Diamond ski-in/ski-out resort. The property is adjacent to Sunrise Holdings’ other property, the Sunrise Lodge by Hilton Grand Vacations. Both resorts are close to the ski lifts and offer breathtaking views of Park City. [Read more…]
Hyatt Vacation Ownership has opened the doors to its newest timeshare, the Hyatt Ka’anapali Beach. Hyatt Vacation Ownership (HVO), owned and operated by Interval Leisure Group (ILG), is one of the industry’s most popular vacation ownership companies. With the addition of this Maui resort, the brand now offers more variety than ever.
Although the Hyatt Ka’anapali Beach is HVO’s first timeshare resort in Hawaii, it joins 15 others within the Hyatt timeshare network. Located along the coast of Maui, the resort actually shares 40 acres and 1,800 feet of beach with the Hyatt Regency Maui Resort & Spa. The close proximity to this established Hyatt resort provides guests with the opportunity to experience all the amenities of both resorts. [Read more…]
Welk Resorts Timeshare Acquires Northstar Lodge in Tahoe
You already know Welk Resortstimeshare for its popular, family-friendly vacation resorts in California; Branson, Missouri; and Cabo San Lucas. Now Welk Resorts timeshare owners and guests have a new option in Welk vacationing.
Welk Resorts timeshare has purchased the Northstar Lodge, in Truckee, California. This Hyatt Residence Club property, is a ski-in/ski-out private vacation ownership club with a pulse-driven gondola and is located at the base of Northstar Mountain in the Lake Tahoe area. The resort was built in 2008, and the first phase of this LEED Silver Certified luxury property development included 34 two- and three-bedroom vacation ownership residences. Other features of the property include, in each ownership unit, a private deck with outdoor fireplace, hickory flooring, Wolf brand ranges and Sub Zero refrigerators in the upgraded kitchens.
On-property, owners can enjoy a private owners lounge, media theater, ski and boot valet (winter) and bike valet (summer). And of course, the location within the Village puts owners only a few steps away from Highlands Gondola and Village Swim and Fitness Center, there at Northstar California, which is considered to be one of the premiere ski resort areas in North America. This year-round destination provides summer vacationers a relaxing place to hike, picnic, or gear it up and experience more than 100 miles of trails in what is the most extensive lift served mountain bike terrain in the western United States. For winter sports, you’ll find 3,170 skiable acres, 7 terrain parks, 97 trails, 20 lifts and 2,280 feet of vertical drop as well as the recently constructed 22’ half pipe designed by Winter Olympics gold medalist, Shaun White.
But for owners and future owners at the fabulous destination, perhaps the best news is that the acquisition by Welk Resorts includes the 23 remaining unsold whole ownership and fractional residential units, in addition to two entitled development parcels for future phases of the project. Jon Fredricks, President of Welk Resorts, explains:
“We are excited to add this one-of-a-kind ski-in/ski-out resort property to our vacation club as we develop additional phases at the Northstar Lodge. This will be our first Western U.S. alpine resort with strong year-round demand due to the quality of the Northstar mountain and the proximity of Lake Tahoe. Our 44,000 vacation owners will be excited to know this will be part of our points-based club system once we receive the requisite approvals.“
Along with his wonderful new addition to the Welk Resorts family of properties, the company also owns real estate that is being held for future resort development in Breckenridge, Colorado and a newly acquired Poipu, Kauai property.
Katana Software Joins ARDA Timeshare Chairmans League
Katana Software, a custom development and systems integration firm known for providing timeshare and hospitality industry software systems, has joined the Chairman’s League of the American Resort Development Association (ARDA timeshare). Among the timeshare resort brands already using Katana are: Diamond Resorts, Hyatt Vacation Club, Marriott Vacation Club and MGM.
As Rob Woodward, CEO of Katana explains, “We aren’t exactly a secret. However, we felt it was time for us to take a higher profile role in the shared ownership industry. Our product has been directly developed over the last seven years to meet the challenges of timeshare’s unique and complex property, asset, and service model. ASGARD has been specifically developed to help management ensure their properties and service staffs maximize the guest experience, track and control operations expenses while improving brand performance, and maximize service revenue opportunities. It’s time more of the industry becomes aware of Katana Software and ASGARD’s capabilities. Joining the Chairman’s League is a big step in that direction.”
Known for ASGARD™, with its powerful central database management dashboards, Katana Software provides effective programs for resort use backed a service time of experts who work with each customer to help identify specific project goals and provide valuable resources to ensure ongoing success. The ASGARD system is effective for timeshare resorts, fractional and shared ownership properties, condo-hotels and HOA operators.
The ARDA Timeshare Chairman’s League
The American Resort Development Association (ARDA timeshare) is the Washington D.C.-based trade association that represents the timeshare, vacation ownership, and resort development industries. ARDA’s Chairman’s League ARDA’s Chairman’s League was developed approximately 12 years ago in response to members’ requests for a higher level at which professionals could showcase their commitment to the timeshare industry.