Travel + Leisure Co. has acquired Spinnaker Resorts Inc. for an undisclosed amount. Spinnaker Resorts, an award-winning vacation ownership company, develops, markets, and provides property management for 12 resorts across diverse locations. These properties offer unique experiences in destinations such as Hilton Head Island, South Carolina; historic Williamsburg, Virginia; Ormond Beach, Florida; and Branson, Missouri, focusing on quality accommodations, amenities, and exceptional customer service for its owners and guests.
This acquisition strategically expands Travel + Leisure Co.'s portfolio, integrating Spinnaker's established presence in key leisure destinations and its expertise in delivering unique vacation experiences. Spinnaker's business model, centered on making vacation ownership dreams a reality and providing memorable experiences, aligns with Travel + Leisure Co.'s broader mission in the travel and leisure sector. The addition of Spinnaker's nearly 700 industry professionals is expected to enhance Travel + Leisure Co.'s operational capabilities and service offerings across its expanded network.
The integration of Spinnaker Resorts' properties and dedicated team into Travel + Leisure Co. is anticipated to create significant synergies. This move is set to broaden the range of vacation ownership options available to customers and strengthen the combined entity's market position. The acquisition underscores a commitment to growth and to providing an even more comprehensive array of extraordinary vacation experiences for a wider customer base.