Topic: Timeshare/Vacation Clubs
Private equity firms reportedly have expressed interest in acquiring the timeshare operator.
This is the fourth property in the city owned by Hilton Grand Vacations, one of which is located directly across the street from The Quin.
The purchase is expected to result in $75 million in annual savings within two years.
The 9.2 million American households that own a shared vacation-ownership product are diverse and looking for experiential travel, just like hotel guests.
Jamaica is seeking investors in timeshare developments as a way to diversify its hospitality stock.