Travel + Leisure Co. Acquires Yes& Vacations

Travel + Leisure Co. Acquires Spinnaker Resorts Inc.

August 11, 2026

Retail

Travel + Leisure Co. acquired all of the issued and outstanding shares of Spinnaker Resorts Inc., adding Spinnaker’s portfolio of vacation ownership resorts to its network. Spinnaker Resorts develops, markets, and provides property management for 11 vacation ownership resorts across four destinations.

Norwegian to Acquire Nordic Leisure Travel Group to Create Integrated Nordic Travel Company

June 17, 2026

Transportation

Norwegian has entered into an agreement to acquire Nordic Leisure Travel Group (NLTG), creating an integrated Nordic travel group combining Norwegian/Widerøe’s air network with NLTG’s leisure travel brands and hotel operations. The deal is valued at approximately SEK 7.94 billion and is targeted to close in the second half of 2026, subject to approvals.

TBO.com Acquires Classic Vacations for $125M

September 3, 2025

Restaurants & Hospitality

India-based travel distribution platform TBO.com (Travel Boutique Online) has acquired U.S. luxury travel wholesaler Classic Vacations from Najafi Companies for $125 million. Classic Vacations reported approximately $111 million of revenue and $11 million of EBITDA in 2024; the deal brings Classic Vacations' luxury travel advisor network and supplier relationships onto TBO's technology-driven distribution platform as part of TBO's North American expansion.

Travel + Leisure Co. Acquires Accor Vacation Club for $48.4 Million

January 31, 2024

Consumer Products

Travel + Leisure Co. agreed to acquire Accor’s vacation ownership business, Accor Vacation Club, in a $48.4 million deal. The agreement covers 24 resorts and nearly 30,000 members, with Travel + Leisure Co. expected to close in the first quarter of 2024 and immediately benefit earnings upon completion.

Blue Star Innovation Partners Acquires Majority Stake in TravelNet Solutions

July 26, 2022

Cloud & SaaS

Blue Star Innovation Partners has acquired a majority stake in TravelNet Solutions (TNS), a Minneapolis‑based provider of Track Hospitality Software and related vacation‑rental platforms. The investment will be used to accelerate product development, expand support and hiring, and pursue M&A to add complementary solutions; TNS's existing leadership remains in place and VTrips exited its stake.

VTrips Acquires Southern Vacation Rentals

April 26, 2022

Restaurants & Hospitality

VTrips, a fast-growing U.S. vacation rental management company, acquired Southern Vacation Rentals on April 1, 2022, adding 1,120 properties and 123 team members to its portfolio and bringing VTrips' total managed properties to more than 5,000. Southern Vacation Rentals' CEO Scott Seay will join VTrips as chief strategy officer as the companies integrate operations while retaining local brand presence.