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The company specializes in association and resort management, vacation exchanges, rentals, owner resales, traditional travel, and developer support offerings. [1] Similar to RCI, TPI works directly with resorts and individual owners in affiliate programs.
Apple Vacations was founded in 1969 by John Mullen and his brother-in-law, Al Atkinson, as Atkinson & Mullen Travel. Mullen later became the sole proprietor and renamed the company Apple Vacations. In 2001, future ALG CEO Alejandro Zozaya, son-in-law of John Mullen, founded resort sales, marketing, and brand management company AMResorts.
Bluegreen acquired RDI Group in 1997 for $7.5 million, [13] which was a private "vacation ownership developer and operator of a points-based vacation club." Through RDI, Bluegreen acquired resorts in Florida and Wisconsin, as well as "management contracts with resorts across the Southeast." The Bluegreen Vacation Club was formed as a direct ...
Starwood Hotels and Resorts was originally formed by the real estate investment firm Starwood Capital to take advantage of a tax break; at the time the company was known as Starwood Lodging. [8] Initially, Starwood Lodging owned a number of hotels throughout North America, all under different brand names.
Diamond Resorts acquired Intrawest Resort Club Group in November 2015, adding nine resorts and 22,000 members. After the acquisition, Diamond Resorts re-branded the Intrawest Resort Club Group as Embarc Resorts. [8] On June 29, 2016, Apollo Global Management made a successful offer to purchase Diamond Resorts International. [9]
In 2016, Destination Hotels merged with Commune Hotels & Resorts to form Two Roads Hospitality in partnership with GEOLO Capital, doubling the size of Lowe's hotel and resort portfolio. In late 2018, Lowe and its partner sold Two Roads Hospitality to Hyatt Hotels Corporation for more than $450 million.
RCI (formerly Group RCI and, before that, Resort Condominiums International) is a timeshare exchange company with over 4,300 affiliated resorts in 100 countries. Founded in Indiana in 1974 by Jon and Christel DeHaan , RCI is one of the two main timeshare exchange businesses, along with Interval International (II).
Among MSD Capital's real estate holdings are the luxury resorts Four Seasons Resort Maui [7] and Four Seasons Resort Hualalai, [8] both located in Hawaii. In 2008, MSD Capital joined a consortium to acquire the assets of IndyMac Bank for around $13.9 billion, renaming it OneWest Bank. [7]
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