Vistana Signatures Announces Opening Date for New Resort
November 14th, 2016
Appearing in the news again, Vistana Signature Experiences brings another piece of good news to its timeshare owners. They have announced the opening dates for their new Westin resort in Maui, Hawaii, the Westin Nanea Ocean Villas. These new 1-3 bedroomed, luxurious villas will open in July 2017, all bookings made before December 4th 2016 […]
Read more
ILG Completes its Acquisition of Starwoods’ Vistana Signature Experiences
May 16th, 2016
After reporting on May 3rd 2016 that ‘Interval Leisure Group delays its acquisition of Vistana Signature Experiences’, a deal that was made in October 2015 and expected to close on April 30th 2016, we can confirm that this spinoff has been completed after only a short delay. The delay was believed to have been caused by […]
Read more
Interval Leisure Group Delays its Acquisition of Vistana Signature Experiences
May 3rd, 2016
Following on from our report on the 27th April, the proposed acquisition of Vistana Signature Experiences has been delayed. Both parties, due to unnecessary taxes under Foreign Investment in Real Property Tax (FIRPTA) regulations have put off the takeover, which was meant to go through on The 30th April. The deal that was supposedly to […]
Read more
Better Business Bureau’s top scams list from 2019
March 6th, 2020
As they do every year, Better Business Bureau (BBB) have released their top ten fraud list from 2019 and it comes as no surprise that travel, vacation and timeshare have a place on that list. BBB direct their services to consumers in the USA, Canada and Mexico with the goal to put trust into the […]
Read more
Marriott Vacations to become the Biggest Timeshare Group in Hawaii?
April 23rd, 2018
There have been rumours spreading in the world of Timeshare that Marriott Vacations Worldwide may be looking to take ILG Inc under its wings in a merger that could make them the biggest timeshare group in Hawaii. This buyout would give Marriott the edge over Hilton Grand Vacations who, at the moment, hold the biggest group […]
Read more
ILG Continues to Grow
December 28th, 2016
Further to our article on November 8th, regarding the extension of their partnership with Ocean Two, and their merger with Vistana earlier on in the year, Interval Leisure Group (ILG) are set to acquire the exchange and service management company, Trading Places, as an additional feather to its cap. Interval International is one of the […]
Read more
Sergio D.Rivera – New President and CEO of ILG
November 10th, 2016
The Florida University graduate ‘Serge’, as he is known by the chairman, CEO and president of ILG – Craig M.Nash, has been named the new president and CEO of ILG (Interval Leisure Group). Sergio and Nash have worked together before, at Starwoods Vacation ownership division and Nash has said that he has a lot of […]
Read more
Apollo Global to Acquire Diamond Resorts
July 1st, 2016
Private equity firm Apollo Global Management are all set for the acquisition of Diamond Resorts for a sum of $2.2 billion, which works out around $30.25 per share. There has been industry news regarding Diamond since back in February when they announced that they were looking into strategic business changes. At this point when announced, […]
Read more
Interval Leisure Group Announces Stockholder Approval for Merger
April 27th, 2016
Interval Leisure Group announced a meeting of stockholders for the acquisition of Vistana Signature Experiences. Vistana is the vacation ownership business of Starwood Hotels & Resorts Worldwide. Over 95% of the total votes cast by stockholders of ILG voted in favour of the proposed merger. “We are pleased by the overwhelming support our stockholders expressed […]
Read more
Diamond Looking to Privatise
March 25th, 2016
Diamond Resorts International has long had a dense inside ownership along with low trading multiple, look at these facts along with thir previously announced “strategic review” and they look a probable candidate to go private. A source following the strategic review closely said, “The insiders own a tremendous amount of stock, they’ve LBO’ed it before, […]
Read more