westgate to buy VIR? wow!

[TUGBrian]

Westgate Resorts to triple in size, add Canada and Mexico locations in timeshare company acquisition

The move will increase Westgate’s locations from 22 to 66 and extend its business to western states, Canada’s western province and beach towns in Mexico.

www.orlandosentinel.com

that might be paywalled, here is the press release:

Westgate Resorts Signs Definitive Agreement to Purchase VOS, the exclusive Management and Sales Partner of VI Resorts

/PRNewswire/ -- Westgate Resorts announced today that it has signed a definitive agreement to purchase Bellevue, Washington-based Vacation Ownership Sales...

www.prnewswire.com

As part of the acquisition, Westgate Resorts will assume management of VI Resorts' points-based Vacation Club, which has an expansive portfolio of over 40 domestic and international resorts and destinations. These locations include highly sought after locations around the United States such as the picturesque islands of Hawaii, as well as the sandy beaches of Mexico and throughout Canada. Westgate Resorts will continue to add new Owners to the VI Club through its extensive sales and marketing efforts.



As part of its management agreement, Westgate Resorts has committed to investing over $4 million in marketing, branding and technology improvements to enhance the VI program for its Owners, along with additional benefits.

 

[gravityrules]

More TS consolidation.

 

[dioxide45]

This will be a good selling point that I am sure the Westgate salespeople will try to pull over on unsuspecting owners and tour guests. Just look at all the new properties you can go to! Even though there is probably no cross booking system and if there is, chances of a booking are slim.

 

[vacation911]

This will be a good selling point that I am sure the Westgate salespeople will try to pull over on unsuspecting owners and tour guests. Just look at all the new properties you can go to! Even though there is probably no cross booking system and if there is, chances of a booking are slim.

I winder what this means for VRI resale...Will they face the Westgate treatment now?

 

[pedro47]

I wish VI Resorts would have sold this to Hilton Vacation Club and not Westgate.

 

[northovr]

I clicked on VI resorts and they have one listed in Orlando as Cypress Pointe same address as Hilton Vacation Club Cypress pointe ( sunterra Diamond} confused?

Daniel

 

[pedro47]

There are many VI resort under Hilton Vacation Club name.
This is very confusion ?