Interval Leisure Group Expands Its Resort Management Business in Q4 as Timeshares Face Pressures
Skift Take
With so many diverse types of accommodations available these days and with the world getting younger, the timeshare business may be losing its luster (although that luster was tenuous, at best).
With relatively no growth in its timeshare membership in 2013, and the base getting more corporate -- which pressures margins -- Interval Leisure Group is diversifying its business and expanding in the resort management sector.
For example, Interval acquired Aqua Hospitality and Aqua Hotels and Resorts, a management company with 20 properties i
