• Welcome to the FREE TUGBBS forums! The absolute best place for owners to get help and advice about their timeshares for more than 32 years!

    Join Tens of Thousands of other owners just like you here to get any and all Timeshare questions answered 24 hours a day!
  • TUG started 32 years ago in October 1993 as a group of regular Timeshare owners just like you!

    Read about our 32nd anniversary: Happy 32nd Birthday TUG!
  • TUG has a YouTube Channel to produce weekly short informative videos on popular Timeshare topics!

    All subscribers auto-entered to win all free TUG membership giveaways!

    Visit TUG on Youtube!
  • TUG has now saved timeshare owners more than $24,000,000 dollars just by finding us in time to rescind a new Timeshare purchase! A truly incredible milestone!

    Read more here: TUG saves owners more than $24 Million dollars
  • Wish you could meet up with other TUG members? Well look no further as this annual event has been going on for years in Orlando! How to Attend the TUG January Get-Together!
  • Now through the end of the year you can join or renew your TUG membership at the lowest price ever offered! Learn More!
  • Sign up to get the TUG Newsletter for free!

    Tens of thousands of subscribing owners! A weekly recap of the best Timeshare resort reviews and the most popular topics discussed by owners!
  • Our official "end my sales presentation early" T-shirts are available again! Also come with the option for a free membership extension with purchase to offset the cost!

    All T-shirt options here!
  • A few of the most common links here on the forums for newbies and guests!

HGVC acquisitions rumors

Status
Not open for further replies.
DRIless

DRIless

Guest
Joined
Apr 29, 2017
Messages
1,798
Reaction score
533
A few years back there was some talk of Diamond purchasing Bluegreen, it didn't happen.
I've heard that HGVC is looking to purchase Bluegreen.
 
Was your source more credible, less credible, or have about the same amount of credibility as a salespersons lips moving?

I don't think (most of) it would go that well with HGVC, but it would fit right in with the significant variance in HVC properties. Is HGV Double Max in the offering now?
 
Last edited:
escanoe said:
Was your source more credible, less credible, or about the same amount of credibility as a salespersons lips moving?

I don't think (most of) it would go that well with HGVC, but it would fit right in with the significant variance in HVC properties. Is HGV Double Max in the offering now?
Click to expand...
There have been many rumors about Hilton Hotels acquiring either Hyatt or IHG. Apparently IHG has been very busy either looking to acquire another hotel chain (Accor) or being acquired by a larger chain. Hilton has said they want to get bigger internally and not buying out other chains. The thing is they are in a great position to grow by buying out other brands. I understand that the timeshare divisions do not come with the hotel chain (Hyatt is owned by MVC) but if Hyatt is owned by Hilton, it would be easier to merge. If Hilton Hotels does acquire other brands, I can see HGVC bringing in others as well. I'm sure MVC would love to get rid of Hyatt.

Not that it matters anyway. I'm sure Max membership would be needed to book and that would be at 6 months. Then again, more sales from the developer makes for a better system for all of us!
 
dayooper said:
Then again, more sales from the developer makes for a better system for all of us!
Click to expand...
Or at least all of us on the secondary market.
 
dayooper said:
Not that it matters anyway. I'm sure Max membership would be needed to book and that would be at 6 months. Then again, more sales from the developer makes for a better system for all of us!
Click to expand...

Then you'll have to buy the "Ultra Max" membership, Max won't cut it for the next acquisition.
 
Are Bluegreen properties at a level that they could put the Hilton brand on the resorts? At least without significant costs? I don't think Bluegreen is really a good fit for Hilton. I do think there is certainly more consolidation to come and I could see a Bluegreen/Westgate merger at some point down the road. Perhaps something also happening with Spinnaker and Capital Vacations. THis is all just speculation on my part.
 
dioxide45 said:
Are Bluegreen properties at a level that they could put the Hilton brand on the resorts? At least without significant costs? I don't think Bluegreen is really a good fit for Hilton. I do think there is certainly more consolidation to come and I could see a Bluegreen/Westgate merger at some point down the road. Perhaps something also happening with Spinnaker and Capital Vacations. THis is all just speculation on my part.
Click to expand...
I tend to agree with you, but DRI wasn't really a good fit either. Some of the former DRI resorts will never be up to Hilton standards and will be spun off. I can see HGV bringing in Bluegreen and taking the best of the resorts and combining the leftovers with the DRI leftovers and either selling them off or running a low cost system as entry level purchase with no Hilton branding. HGV LOVES the upgrade and base much of their sales techniques to selling poor purchases into larger ones. Sell victims . . . errrrr . . . customers those deeds and then upsell them into a larger purchase.

I really don't think any of this will come to fruition, but it's fun to speculate.
 
DRIless said:
I've heard that HGVC is looking to purchase Bluegreen.
Click to expand...
This will then require another purchase in Max+ in order to get access to these lower-quality resorts at 6-month mark.
 
GT75 said:
This will then require another purchase in Max+ in order to get access to these lower-quality resorts at 6-month mark.
Click to expand...
I think the brand name "Supermax" would have more cachet.
 
Brand name would be HGVC+DRI+Bluegreen.LOL
 
Last edited:
Last edited:
escanoe said:
Was your source more credible, less credible, or have about the same amount of credibility as a salespersons lips moving?

I don't think (most of) it would go that well with HGVC, but it would fit right in with the significant variance in HVC properties. Is HGV Double Max in the offering now?
Click to expand...
more credible
 
A bit of history. Before the real estate crash Circa 2008, diamond had entered into purchase agreements with both blue green and Raintree the deals were signed Inked and ready to go. Then the real estate collapse occurred, and diamonds lenders retracted the bridge funding. After that the Acquisitions of both blue green and a rain tree by diamond collapsed.
 
T_R_Oglodyte said:
A bit of history. Before the real estate crash Circa 2008, diamond had entered into purchase agreements with both blue green and Raintree the deals were signed Inked and ready to go. Then the real estate collapse occurred, and diamonds lenders retracted the bridge funding. After that the Acquisitions of both blue green and a rain tree by diamond collapsed.
Click to expand...
You didn't seem so sure of a Raintree deal back in 2012?
tugbbs.com

Raintree being bought by Diamond?

A fellow owner at Raintree reports that she went to a timeshare presentation at Diamond resorts and was told by the saleperson the Diamond was buying Raintree. Anyone else heard this rumor?
tugbbs.com tugbbs.com
That thread is about the only thing that a Google search turned up regarding Diamond and Raintree. I would think that if they were signed deals, it would have been public but neither were public companies at the time. There was a letter of intent signed with regard to Diamond and Bluegreen to negotiate but It seems that Bluegreen ultimately turned down any specific offers, though that was in 2012. I do suspect the financial crisis did kill any chance of a Diamond/Bluegreen deal that could have come from those negotiations.
 
Last edited:
dioxide45 said:
You didn't seem so sure of a Raintree deal back in 2012?
tugbbs.com

Raintree being bought by Diamond?

A fellow owner at Raintree reports that she went to a timeshare presentation at Diamond resorts and was told by the saleperson the Diamond was buying Raintree. Anyone else heard this rumor?
tugbbs.com tugbbs.com
That thread is about the only thing that a Google search turned up regarding Diamond and Raintree. I would think that if they were signed deals, it would have been public but neither were public companies at the time. There was a letter of intent signed with regard to Diamond and Bluegreen to negotiate but It seems that Bluegreen ultimately turned down any specific offers, though that was in 2012. I do suspect the financial crisis did kill any chance of a Diamond/Bluegreen deal that could have come from those negotiations.
Click to expand...
My dates might be off a bit, but there was definitely a deal between Diamond and Raintree, which was scuttled when lenders cancelled financing before the deal closed. The Blue Green deal was going on at the same time, and was running about 60 days ahead of the Raintree deal.) Diamond negotiated an extension (90 days, IIRC) to find alternate financing, but when they couldn't line up alternate financing the acquisition collapsed.

On Raintree's side, this was followed by the termination of Raintree's inventory arrangements with Villa Vera resorts. Raintree did not have the money to keep the Villa Vera resorts in the fold; the DRI acquisition was their only hope to hang on to the Villa Vera arrangement.
 
Status
Not open for further replies.
Top