Marriott Vacations Worldwide Acquires Welk Resorts for Approximately $430 Million

1754 Properties Acquires Marriott Winston‑Salem

July 31, 2025

Real Estate

1754 Properties LLC acquired the 319-room Marriott Winston‑Salem in downtown Winston‑Salem, North Carolina; Hospitality Ventures Management Group (HVMG) will continue to operate the hotel. 1754 plans to invest over $5 million to renovate meeting spaces, hallways and infrastructure to elevate the property and drive demand from business, convention and leisure travelers.

Westgate Resorts Acquires Vacation Ownership Sales (VOS)

May 1, 2025

Restaurants & Hospitality

Westgate Resorts has completed the acquisition of Bellevue, Washington-based Vacation Ownership Sales (VOS), the exclusive management, sales and marketing partner for VI Resorts. The deal brings VI Resorts under Westgate management as "VI Resorts by Westgate," expands Westgate's geographic footprint and includes a committed investment of over $4 million in marketing, branding and technology; VOS President Mike Vasey joins Westgate's executive team.

Evermore Partners and New Castle Hotels & Resorts Acquire Montana Marriott Portfolio

March 30, 2023

Real Estate

Denver-based Evermore Partners and Ridgefield-based New Castle Hotels & Resorts acquired the Montana Marriott Portfolio in downtown Missoula, Montana, comprising a 105-key AC Hotel by Marriott, a 175-key Residence Inn by Marriott, and The Mercantile (approx. 20,000 sq. ft. of retail). The co-sponsors said the acquisition expands their presence in the Rocky Mountain region and broadens New Castle's management platform to the West.

Pebblebrook Hotel Trust Acquires Margaritaville Hollywood Beach Resort

September 23, 2021

Real Estate

Pebblebrook Hotel Trust acquired the 369-room Margaritaville Hollywood Beach Resort in Hollywood, Florida for $270 million from an affiliate of KSL Capital Partners, LLC. The oceanfront lifestyle resort will continue to be managed by Davidson Hospitality Group and becomes part of Pebblebrook's Curator Hotel & Resort Collection as the REIT seeks to expand its footprint in South Florida.

Hyatt Hotels Corporation Acquires Playa Hotels & Resorts N.V.

June 17, 2025

Restaurants & Hospitality

Hyatt Hotels Corporation completed the acquisition of Playa Hotels & Resorts N.V., adding 15 all-inclusive resorts across Mexico, the Dominican Republic and Jamaica to its Inclusive Collection. The deal expands Hyatt's all-inclusive footprint and capabilities, incorporating properties already operating under Hyatt Ziva and Hyatt Zilara brands; Hyatt said it will provide additional financial details on its Q2 2025 earnings call.

Vacasa Acquires TurnKey Vacation Rentals

March 11, 2021

Restaurants & Hospitality

Vacasa announced it has signed an agreement to acquire TurnKey Vacation Rentals, a full-service vacation rental manager based in Austin, Texas that manages approximately 6,000 vacation rentals across 80+ U.S. destinations. The deal expands Vacasa’s portfolio into premier markets (including Los Angeles, Napa, Asheville and Santa Fe), brings TurnKey employees and technology into Vacasa, and is expected to close subject to customary conditions.