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Welk Resorts Embraces Creative, Socially Distanced Activities to Help Staycationers and Road Trippers Find Adventure Share Article Underwater Virtual Reality Experience in San Diego, California “Welk Resorts has always strived to help guests connect through inspiring, innovative and fun activities” says Patrick Dolan, chief fun officer for all seven Welk Resorts. “Rather than turning off the fun this summer, we adapted, stepped it up and created new experiences." SAN MARCOS, Calif. (PRWEB) February 10, 2021 Although travel...

Print After more than a half-century of family ownership, the Welk Resorts portfolio, including the original Escondido location, is being sold to Marriott Vacations Worldwide Corporation for $430 million. Once the still pending sale is finalized — by early in the second quarter — Marriott says it plans to rebrand the Welk vacation resorts in California, Colorado, Missouri, New Mexico and Cabo San Lucas as Hyatt Residence Club properties. The purchase price includes roughly 1.4 million Marriott Vacations common shares. The acquisition represents a major milestone for a company started 57 y...

Share this article Share this article SAN MARCOS, Calif., Jan. 26, 2021 /PRNewswire/ -- Welk Hospitality Group has entered into an agreement with Marriott Vacations Worldwide Corporation ("MVW") (NYSE: VAC) to sell the Welk Resorts portfolio of vacation resorts, programs and property management contracts for approximately $430 million, including approximately 1.4 million MVW common shares. The acquisition is expected to close early in the second quarter of 2021.    Famous television bandleader Lawrence Welk, host of The Lawrence Welk Show from 1951 to 1982, and beloved name...