Capital Vacations, LLC announced the acquisition of Silver Lake Resort in Orlando, Florida, an independent vacation ownership club and resort management company.
— Travis Bary, COO
MYRTLE BEACH, South Carolina, USA, Jan. 18, 2022 /EINPresswire.com/ — Capital Vacations, LLC announced the acquisition of privately held Silver Lake Resort in Orlando, Florida. Silver Lake Resort is an independent vacation ownership club and property management company, serving approximately 15,000 members. Conveniently located next to Disney’s Animal Kingdom with plenty of amenities for owners and guests, the 516-unit resort is a true hidden gem in the popular tourist destination of Orlando.
Silver Lake Resort will become Capital Vacations’ fourth Capital Vacations Club resort in the Orlando area, which also includes Calypso Cay Resort, Barefoot Suites and Magic Tree Resort. The addition of Silver Lake Resort brings the total number of units under management on the market to 856.
Under the terms of the agreement, Capital Vacations will assume resort management operations as well as oversight of the Silver Lake Resort Club, a points-based reservation system. Additionally, Capital Vacations intends to expand existing sales and marketing operations to broaden the resort’s owner base and improve the Association’s financial strength.
“We are thrilled to welcome the owners and employees of Silver Lake to the Capital Vacations family. The resort is a wonderful addition to our club and we are thrilled to partner with the association,” said Travis Bary, COO, Capital Vacations.
About Capital Vacations
Capital Vacations is reinventing the travel experience by connecting independent hotels to travelers through our technology platform and vacation products. We partner with over seventy independent hotels across the United States and the Caribbean, deploying value-added strategic tools that enable independent hotels to increase revenue across multiple channels. Additionally, we serve over 500,000 travelers annually with a focus on owner and guest experience and building long-term relationships.
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