Announced
Synopsis
KSL Capital Partners, a leading investor in the travel and leisure industry, acquired Orange Lake Resorts, a leader within the vacation ownership industry. Financial terms were not disclosed. “KSL has been a leading investor in the travel and leisure industry. We are excited about how this partnership will expand the horizons of our Company and the Holiday Inn Club Vacations brand,” said Tom Nelson, President and CEO of Orange Lake Resorts. “Our company has experienced tremendous growth, and we are making bold moves to position ourselves for the future, including the recently announced global exclusivity and 100-year extension to our strategic alliance with IHG®. Adding KSL, with their expertise in financial markets and travel and leisure, complements our growing capabilities and is another great step toward a bright future for our company and brand.”
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