The original San Diego resort location has expanded over the years and currently sits on 450 acres with two 18-hole golf courses, seven swimming pools, a state-of-the-art fitness center, five recreation centers, two waterslides, two escape rooms, a spa, theater, restaurants and more.Īs the other seven Welk Resorts in the western U.S. during its run from 1951 to 1962, bought a motel and nine-hole golf course north of San Diego, Calif. Welk Resorts got its start in 1964 when Lawrence Welk, whose television show was among the most popular in the U.S. That will bring the Hyatt Residence Club portfolio to 24 upper upscale resorts and complement its existing locations in Arizona, California, Colorado, Florida, Hawaii, Nevada, Puerto Rico and Texas. The acquisition is expected to close early in the second quarter of 2021.Īfter the transaction closes, MVW intends to rebrand the eight Welk-branded vacation resorts in California, Colorado, Missouri, New Mexico and Cabo San Lucas, Mexico as Hyatt Residence Club properties. Welk Hospitality Group, which grew out of the venture started in 1964 by famed television bandleader Lawrence Welk, has entered into an agreement with Marriott Vacations Worldwide (MVW) Corporation 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. In addition to golf and other traditional amenities, the company has become known for developing innovative activity programming, including underwater virtual reality and escape rooms. states and Mexico that will now be rebranded as Hyatt Residence Club properties.
The company started by famed television bandleader Lawrence Welk in 1964 grew as a family-owned business to include eight Welk-branded vacation resorts in four U.S.
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