There Will Be 50% More Hyatt Residence Clubs With New Marriott Vacations Purchase

This post may contain affiliate links; please read our advertiser disclosure for more information.

Hyatt Residence Clubs Expansion After Recent Marriott Vacations Purchase

Marriott buys a timeshare company and then turns them into Hyatt hotels?!? Sounds weird right? But it isn’t that Marriott…at least not really.  Marriott Vacations Worldwide, which split off from Marriott hotels a decade ago, just agreed to purchase Welk Resorts for $430M. The deal should close over the next few months.  Welk Resorts is timeshare company that owns 8 highly desirable resorts mostly spread across the West Coast.

Marriott Vacations Worldwide is a publicly traded timeshare company that owns several vacation ownership brands.  They include, but are not limited to, the Marriott Vacation Club, the Ritz-Carlton Destination Club and Hyatt Residence Clubs. The plan is to transform the Welk Resorts into Hyatt Residence Clubs which would be an increase of 50% to their current portfolio of 16 hotels.

This is good news for World of Hyatt fans since these resorts are normally bookable with World of Hyatt points. They are often towards the higher end of the spectrum going for 25,000-30,000 points a night. That is because the rooms are usually more spacious and the grounds have more to offer since they are a timeshare property.  Not to mention this offers some more options if you are struggling to knock Hyatt Residence Club off your Brand Explorer perk list.

Here is a quote about the purchase from PRN Newswire:

“Welk’s premier resorts are in highly desirable vacation markets, including San Diego, Breckenridge, Lake Tahoe and Cabo San Lucas, Mexico, and will be a nice addition to our footprint,” said Stephen P. Weisz, chief executive officer of MVW. “The acquisition will expand Hyatt Residence Club’s geographic presence while providing substantial future growth opportunities. By leveraging our high-value marketing and sales channels and leveraging more efficient rental distribution channels, we expect to be able to drive higher contract sales and expand margins.”

Mark Ostermann
Mark Ostermann is a father, husband and miles/points fanatic. He left the corporate world after starting a family in order to be a stay at home dad. Mark is constantly looking at ways to save money and stay within budget while also taking awesome vacations with his family. When he isn't caring for his family or taking a weekend trip, Mark is working towards his goal of visiting every Major League Baseball ballpark.

More Like This


Responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.



Please enter your comment!
Please enter your name here


RebatesMe - $40 Bonus!

Super easy bonus! Sign-up and they'll pay you $40 after your earn $10 cashback. That's it!
Grab Your RebatesMe Bonus!

Webull - 2 Free Stocks!

Brokerage app Webull is offering 2 Free Stocks! Just open an account and fund with $100 to get your stocks valued up to $1600! Super easy!
Grab your 2 free stocks now!

Subscribe To Our Newsletter

Join thousands of MtM readers who are subscribed to receive a once daily email with all of our posts. Never miss out!

You have Successfully Subscribed!