Vacation ownership company Marriott Vacations Worldwide has struck a $430 million deal to buy Welk Resorts, a hospitality and vacation timeshare company started in 1984 by the late TV bandleader Lawrence Welk. The move is expected to almost double the rooms in Marriott Vacations' Hyatt Residence Club brand.
Marriott Vacations Buying Resort Company Started by Bandleader Lawrence Welk
$430 Million Deal Includes Eight Resort, Timeshare Properties
By Lou Hirsh
CoStar News
January 28, 2021 | 7:54 P.M.
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IN THIS ARTICLE
- Properties
- Hyatt Vacation Club at The Welk
8860 Lawrence Welk Dr, Escondido, CA