Marriott Vacation Club really lives up to its #VacationGreatness hashtag with its wide variety of resorts in Instagram worthy locations throughout the world. Whether you’re looking to catch up on some relaxation on Florida’s southwestern coast or hit the slopes in the glitziest ski town in Colorado, staying at a Marriott Vacation Club timeshare can make your next trip that much more amazing.
Marriott Vacations Worldwide Corporation (NYSE: VAC) and Interval Leisure Group, known as ILG (Nasdaq: ILG) announced a merger today. Marriott will buy the outstanding shares of ILG in a cash-and-stock deal estimated at $4.7 Billion.
The combined company will become the global leader in the timeshare industry, trading under NYSE:VAC. Further, it will hold over 650,000 million combined owners and seven luxury brands. As a result, this makes it the largest luxury brand for timeshare resorts.