But the Sunshine State’s actual estate market saw unprecedented growth up to now three years, driving home prices in certain areas into the stratosphere. “By combining the holiday rental mannequin and all of the amenities you want at a luxury resort, with our commitment to offering distinctive guest service, The Cove is the proper summer time getaway.” The acquisition will create a brand new line of business for Travel + Leisure Co. as Accor is added to the company’s portfolio of brand affiliations, including Wyndham, Margaritaville, and Sports Illustrated. The addition of Accor Vacation Club to the Travel + Leisure Co. worldwide portfolio increases its membership to more than a hundred,000 in the Asia Pacific area and grows its club resort rely by approximately 40 p.c to seventy seven. Travel + Leisure Co. additionally receives the unique rights to develop new vacation possession clubs and products using the Accor Vacation Club model across a area including Asia Pacific, Middle East, Africa and Turkey.
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