Travel & Leisure (Club Wyndham) Partnership W/ Sports Illustrated Resorts

[bryjake]

New joint venture agreement between Travel & Leisure and Sports Illustrated Reaorts

It appears comparable to CW and Margartitaville Reaorts relationship
- CW will sell and market vacation club
- SIR is targeting vacation club, resorts, hotels, and extended living
- More than likely CW could have access to SIR vacation resort but not the hotels and extended living (just like MGV)? (Assumption need to confirm)

SIR opened 2023 in Cap Cana DR and are planning new resort in Orlando FL in 2024

Internet references future expansion into Tuscaloosa AL, Ann Arbor MI, as well as other sites

I do hope they integrate SIR into CW and not just club pass

https://www.businesswire.com/news/h...olic&utm_medium=copy_link&utm_source=bookmark

 

[Rolltydr]

I saw an article about the Tuscaloosa, AL site last week. I can see it being very attractive during football season but I wonder about other times of the year. The university does have a huge out of state enrollment so the resort would offer some families much better accommodations than a hotel room. Lake Tuscaloosa offers water sports but aside from the university sporting events, there really isn’t much to do. Birmingham is an hour drive and offers some excellent restaurants but do you really want to drive an hour to dinner and then another hour back? I’m sure the city of Tuscaloosa, along with the developers, have done their due diligence and see this as a winning venture. For the past decade or so, Tuscaloosa has had very strong, progressive city leadership and has grown to much better meet it’s needs than it did in the past. I’ll be watching this one with interest.

 

[jorcus]

That Cap Cana Property has changed hands about 5 times. I stayed twice, when many of the rooms were owned by Alsol. At that time Alsol owned the resort next door which is now run by TRS. I have also stayed at that one twice. The original name of the Sports Illustrated resort was the Fishermans Village and it was clearly set up to be a Time Share or fractional ownership units. They are large well built and some have good view of the marina. The TRS property is mostly hotel rooms. When they were together you could walk back and forth for activities and dining. The big drawback for most people is that there is no real beach at these properties. You can take a van ride to a beach nearby but may not have a true beach club to serve food and drinks.

Cap Cana is an interesting area that never turned out to be what is was supposed to. It was going for high end consumers with a golf and horseback riding and sport fishing. Very few of the ultra rich ever came. Now the good beachfront got sold off to build more mega resorts. I am curious how SI will try to make this place work.

 

[UGA1981]

Unfortunately, this offering is planned to be kept separately, at this time, from the existing timeshare program(s). However, it is very interesting, let's see what happens over the next few years.

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[paxsarah]

I randomly decided to search on the current progress of Sports Illustrated resorts, partly because my town has been mentioned as in consideration for the future, and I came across this interesting recent article from Tuscaloosa: https://www.tuscaloosanews.com/stor...esort-in-tuscaloosa-have-changed/83238881007/

Takeaways for me:

• Geoff Richards actually showed up to this community meeting in Tuscaloosa, which at least tells me they're still serious.
• Man, that rendering is ugly.
• When this partnership was announced in 2023 they said Tuscaloosa should be opening in 2025, which if they're only now sharing revised plans, nope.
• No planned hotel, only full condos and vacation ownership.
• This statement from Geoff Richards: "He [Richards] also noted their resorts do not allow booking through Vrbo or Airbnb, and that T+L manages their own properties, and has done so for decades, so all are long-term investments." hahahahahahahaha <gasp> hahahahahahahaha