Earlier this year on thestreet.com they said this about Starwood: “Starwood Hotels & Resorts is poised to surpass its 5% gains this year, analysts say, benefiting from the spinoff of its time-share business and speculation it may acquire a competitor or be bought out.”
Today, at a value of about 1 – 1.5 billion dollars, Interval Leisure is negotiating to buy Starwood Hotels and Resorts Worldwide’s timeshare resort operations. Starwood’s big names include Sheraton, Westin, and others. At this moment more then 230 properties are managed by Interval Leisure and this addition would add 22 more.
This plan would take the place of Starwood Hotels and Resorts Worldwide’s plan to spin off their timeshare division as Marriott did with their timeshares a few years ago. The Starwood group of timeshares include Sheraton’s Vistana Orlando, Sheratons Desert Oasis, Westin Mission Hills Resort Villas, Sheraton’s Mountain Vista, Buganvilias Resort, Sheraton Broadway Plantation, Lakeside Terrace@Vail Valley, Sheraton’s PGA Vacation Resort, Westin Princeville Ocean Resort Villas, and Westin Kaanapali Ocean Resort Villas and others.
Starwood’s total revenue last year was $5.98 billion. Of that, timeshares accounted for less than $1 billion.
About Interval Leisure Group:
Interval Leisure Group (ILG) is a leading global provider of non-traditional lodging, encompassing a portfolio of leisure businesses from exchange and vacation rental to vacation ownership. In its exchange and rental segment, Interval International and Trading Places International (TPI) offer vacation exchange and travel-related products to more than 2 million member families worldwide, while Hyatt Residence Club provides exchanges among its branded resorts in addition to its participation in the Interval Network. (source)
Timeshare-Resale-Broker.com is the leader in the Vacation Resale Brokerage Business and innovators of timeshare resale services for individual consumers and software for resale agents. Since 1979 (over 38 years) we have had original management. All of our Timeshare Agents are Resale Specialists and members of NAR, the National Association of REALTORS®.
We pioneered the first timeshare resale broker website on the Internet in 1995. We advertise on many more.
People wanting to sell and get rid of a timeshare benefit from the professionalism of a licensed timeshare resale broker who stay on top of the ever changing technology as well as industry direction. We work with all buyers for the vacation properties registered in our database. We have a team of REALTORS® and personnel who are forever assisting the buyers, sellers and insure that the time share sale transaction is as smooth and easy as possible. Call today to get rid of the timeshare albatross! Call us at 1-800-247-4392
Experience: We have sold and closed timeshares in over 29 countries, in 47 states in the USA, have closed deals with sellers and buyers from over 89 countries. We have helped thousands of owners get out of an their unwanted unit. We have a program that gets you out of your property without waiting for a buyer too. This stops the fee payment burden right away.
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Our offices are at 14500 Hwy 105, Conroe, Texas 77304.