* Sunny deal: Interval Leisure Group acquired Aqua Hospitality and Aqua Hotels and Resorts through an ILG subsidiary, Vacation Holdings Hawaii. Aqua is a management company representing more than 20 properties in Hawaii and Guam. Terms of the transaction were not disclosed.

* Social growth: RCI expanded its social media monitoring service, the Timeshare Online Listening Center, by adding a second center in its office in Mexico. After its initial program success, there was demand for monitoring in Spanish and Portuguese in addition to English. 

* Hawaii opening: Hilton Grand Vacations welcomed its first guests to Hokulani Waikiki by Hilton Grand Vacations Club. The opening is the final component of the Waikiki Beach Walk development. 

Virtual Roundtable

Post COVID-19: The New Guest Experience

Join Hotel Management’s Elaine Simon for our latest roundtable—Post COVID-19: The New Guest Experience. The experts on the panel will share how to inspire guest confidence that hotels are safe and clean and how to win back guest business.

* Finance news: Welk Resort Group closed a $158-million securitization backed by notes receivable from vacation ownership interests. Welk Resorts develops, builds and operates vacation ownership resorts; it has five properties open and two locations in development.

* Ski contract: Vail Resorts subsidiary RockResorts and developer JMA Ventures signed a management agreement for Constellation Residences at Northstar, a collection of ski-in/ski-out boutique residences located at Northstar California Resort and adjacent to The Ritz-Carlton, Lake Tahoe resort in Truckee, Calif. 

Suggested Articles

The Ohio-based company is bringing Mascioni Hotel Collection textiles to upscale and luxury hotels.

This new toolkit presents essential resources that will help hotels navigate their way through today's uncertainties and the eventual recovery.

Sign up for Hotel Optimization for clear insight, opinions and forecasting to help you quickly get back to profitability.