Westgate Resorts to Expand Portfolio with Acquisition of Vacation Ownership Sales

• Westgate Resorts has signed a definitive agreement to acquire Vacation Ownership Sales (VOS), expanding its resort destinations from 22 to over 60.
• Westgate commits to investing over $4 million to enhance the VI program and offer more diverse vacation products.

Westgate Resorts has announced a definitive agreement to acquire Vacation Ownership Sales (VOS), the exclusive management partner of VI Resorts. This acquisition, set to close in 2025, will increase Westgate’s number of resort destinations from 22 to over 60, including international locations in Mexico and Canada.

VOS, based in Bellevue, Washington, is North America’s largest owner-controlled timeshare and vacation club. Post-acquisition, Westgate will assume management of VI Resorts’ Vacation Club, which boasts a portfolio of over 40 domestic and international resorts. Some of these sought-after locations include Hawaii, Mexico, and Canada. Westgate plans to continue adding new owners to the VI Club through its sales and marketing efforts.

In addition to the acquisition, Westgate has committed to invest over $4 million in marketing, branding, and technology improvements to enhance the VI program. The investment will also bring additional benefits for the club’s owners.

Westgate CEO, Jim Gissy, expressed excitement about the acquisition, citing the opportunity to expand Westgate’s offerings and create diverse vacation product options for existing owners. Following the acquisition, Mike Vasey, Owner and President of VOS, will join the Westgate Executive Team and continue to lead the company.

This acquisition is in line with Westgate’s strategic plan to grow its core timeshare business, following its partnership with Choice Hotels earlier this year. The collaboration with VI Resorts will leverage Westgate’s management expertise to elevate resort operations and unlock new destinations for VI Owners.