Traveling the world has never been easier, especially when you pair RCI travel with your vacation ownership. For the latest information on vacation exchange networks and participating brands, you’ll want to read on.
On January 21st, 2021, Marriott Vacations Worldwide announced it will be acquiring Welk Resorts for approximately $430 million.The agreement will also include 1.4 million MVW common shares. Welk Resorts is one of the largest privately owned vacation ownership companies in the U.S. with a high-quality portfolio of eight resorts and one hotel. The existing properties will be fully rebranded into the Hyatt Residence Clubs, as well as its points program.
The History of Welk Resorts
Welk Resorts was first founded in 1964 by Lawrence Welk in Escondido, California, just 20 miles from San Diego. Which coincidentally is where you can find the very first Welk Resorts San Diego. So what once started as a small family-owned hotel, quickly turned into a line of luxury resorts that will soon be under the massive Marriott Vacations Worldwide umbrella. Welk Resorts President and CEO Jon Fredricks said “It is bittersweet after 57 wonderful years of memories and accomplishments to be welcoming a new owner for Welk Resorts. We are confident in MVW and its shared commitment to excellence. Our board and family recognized that its vision, resources , and globally-recognized brand ensure the best long-term future for our valued team members and Owners.”
Fast forward 57 years later, Welk Resorts is made up of 8 resorts and 1 hotel located in highly desirable vacation spots. These properties expand all the way from the west coast seas to the snow-capped mountains with expansive Welk expierences that include exciting golf courses perfect for vacationers looking to tee off in style. All 9 properties, once acquired, will be rebranded and be a part of the Hyatt Residence Club portfolio. Although Welk Resorts will soon be a part of Marriott Vacations Worldwide, the legacy that Lawrence Welk created will live on. The Lawrence Welk Family Foundation, which funds nonprofit organizations serving families in need will be continued to be carried out by the Welk Family.
A Big Opportunity for Growth once Marriott Vacations Worldwide acquires Welk Resorts:
Marriott Vacations Worldwide has openly stated the potential opportunities they expect to see once they officially acquire Welk Resorts:
- Rebranding Welk Resorts will more than double the number of Hyatt Residence Club Owners from currently 33,000 to an estimated 90,000.
- High quality and complementary resort options primarily in West Coast vacation markets.
- Expect to increase Welk’s contract sales and margins substantially.
- Opportunity to expand Hyatt Residence Club by roughly 50%.
With a shared value for excellence, Marriott and Welk Resorts will make a perfect pairing for the following chapter of both companies. To learn more about Marriott’s current selections, visit our various Marriott blogs. We tell you more about the resorts that owners love from Hawaii, all the way to Europe.
Sell Your Welk Resort Timeshare
If you’re considering selling your Welk Resort Timeshare, you can post it for sale on the resale market. Timeshares Only is a member of the American Resort Development Association and accredited by the Better Business Bureau, we are trusted pioneers of the resale market. As a timeshare advertising company, our representatives will create an eye-catching posting of your Welk Resorts ownership. With advanced technology and innovation in marketing, we use a variety of methods to put your timeshare in front of the right eyes. Visit our blog to learn more about how to sell your Welk Resorts Timeshare!
Through RCI, owners can combine the benefits of their home resort with an annual RCI travel membership, giving them access to hundreds of timeshares on the exchange network. For many vacation owners, vacation exchange is one of the biggest benefits of owning a timeshare. This blog is a complete guide to RCI Fees 2020-2021.
In today’s world, it’s possible to sell anything online, and selling your timeshare should be no different, right? Luckily, with a large online presence like ours, the experts at Timeshares Only can help you post your timeshare for sale online. This helps you gain exposure and potentially allows the right buyer to see your timeshare. Whether you’re looking to sell your timeshare or that of a family member, we can help.
Every industry has some sort of trade association that advocates for legislation, consumers, and professionals. For timeshare, that is ARDA, otherwise known as the American Resort Development Association. ARDA represents vacation ownership as well as resort developers. They promote advocacy, networking, B2B partnerships, and industry resources. As a timeshare owner, you should also know how the association benefits you.
If you’re a new member of Interval International, you may be curious about all the benefits that come with your membership. Not to mention, booking flights, renting cars and other types of travel accessories are common concerns for travelers. This blog is all about using Interval International flights and other perks of the brand.
Interval International cruises offer timeshare owners and members the chance to exchange their timeshare for vacations at sea. Interval International is a vacation exchange platform for trading, so members can travel almost anywhere in the world. Not to mention, their discounted rates on airfare, car rentals, and excursions help you make the most of every vacation. Change your routine a little and exchange your timeshare for Interval International cruises.
A new year is fast approaching… will this be the year you finally use your timeshare vacations? If you’re an existing owner, you may already have a game plan for how you’ll vacation in 2020. Just in case you’re lacking inspiration, we have some tips for taking those timeshare vacations this year.