Insight
Travel + Leisure is acquiring vacation ownership companies to gain inventory in markets where new property development is difficult, such as Maui and Hilton Head.
Travel + Leisure Buys Into Maui and Hilton Head in $343 Million Deal
Summary
Travel + Leisure acquired Yes& Vacations and Spinnaker Resorts for $343M, adding 23 resorts. This strategy targets markets with building constraints like Maui and Hilton Head, focusing on acquiring existing customer bases. It highlights a trend in vacation ownership consolidation.
Key takeaway