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Company Office Resort locations Number of resorts Number of rooms Number of owners Karma Group: Singapore: India, Indonesia, Greece, France, Germany, Thailand ...
As the initial property expanded, Larry Welk, a record company executive and Lawrence Welk's son, became the group's first CEO and guided the company into the timeshare business in the 1980s. [6] During the 50 years since the company's formation, the company has developed five luxury resorts with over 1000 vacation ownership accommodations.
Breckenridge, Colorado: 32 1961 December 16 1996 [13] Crans-Montana: Crans-Montana, Sierre, Valais, Switzerland: 19 2023 November 30 [14] Crested Butte Mountain Resort: Crested Butte, Colorado: 16 1961 November 23 2018 September 27 Acquired through Triple Peaks, LLC, in addition to Mount Sunapee and Okemo, alongside purchase of Stevens Pass. [15]
The company was sold to railroad company CSX, which combined it with its hotel resort The Greenbrier. In 1986, CSX sold the brand, and the original hotel companies were dispersed, though The Greenbrier remained. In 1999, the RockResorts brand was acquired by Olympus Hospitality, [1] and later acquired by Vail Resorts in 2001. [2]
[39] [40] It entered the timeshare sales and management business by buying Fairfield Communities for $690 million, [41] [42] and Trendwest Resorts for $980 million. [43] [44] In 2002, Cendant bought Budget Rent a Car out of bankruptcy for $110 million plus $2.8 billion in assumed debt. [45]
Hilton Grand Vacations Inc. is a multi-national company that is based in Orlando, Florida, United States. It manages and operates the Hilton Worldwide timeshare and vacation ownership brands under an exclusive licensing agreement with Hilton Worldwide. HGV was formerly a wholly owned subsidiary of Hilton Worldwide until it was spun off into a ...
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