Today, the IHG (InterContinental Hotels Group) – a global hotel organization, announced that by the end of the year, Holiday Inn Club Vacations will have more than double its portfolio since its inception in 2008. This was announced at the 2012 Americas Investors & Leadership Conference in Orlando, Florida.
During the conference, Holiday Inn Club Vacations revealed its newest properties Holiday Inn Club Vacations Panama City Beach Resort, a 37-unit beachfront resort in Panama City Beach, Fla., and Holiday Inn Club Vacations Galveston Beach Resort, a 78-villa beachfront property in Galveston, Texas opening this December. With the addition of these properties, the brand now boasts ten locations.
“The addition of two new resorts to the Holiday Inn Club Vacations portfolio demonstrates the strength of the brand and our ability to find strategic opportunities for growth,” said Del Ross, Vice President, Americas Sales & Marketing. “We continue to look at key vacation destinations such as Hawaii and other west coast locations to expand the brand.”
In 2008, IHG and 30-year timeshare developer Orange Lake Resorts developed a strategic alliance to create the Holiday Inn Club Vacations brand. This marked IHG’s first move into the timeshare market, which continues to be one of the fastest-growing segments of the U.S. holiday and vacation industry. [Source: American Resort Development Association (ARDA)]. Orange Lake and Holiday Inn are both rooted in the legacy and ingenuity of their founder, Kemmons Wilson. Don Harrill, President and CEO of Orange Lake Resorts and Chairman of ARDA said, “The success of this strategic alliance has once again proven that vacations matter to consumers. Orange Lake Resort in Orlando, Fla. began with Kemmons Wilson’s vision to create an even better way to vacation. By aligning with IHG and the Holiday Inn brand family once again, we’ve been able to create more awareness and visibility for our resort destinations so that more travellers can learn about and consider us for their next stay with friends and family.”