Vacatia and Berkley Group Unite to Enhance Resort Management

Vacatia's Strategic Acquisition of The Berkley Group

In a significant development in the realm of timeshare resorts, Vacatia, Inc. has made headlines by acquiring The Berkley Group, a prominent player in resort development, alongside Daily Management, a comprehensive property management firm. This exciting merger marks a new era for both companies as they join forces to deliver enhanced services to their clients and owners.

Strengthening Services with This Acquisition

By integrating Vacatia's advanced technology and innovative solutions with the vast experience of The Berkley Group and Daily Management, this acquisition is set to reshape the landscape of resort management. The new partnership is poised to service over 460,000 owners and manage upwards of 11,000 units across 13 states. Their collective expertise will foster an environment where independent resorts thrive, benefiting everyone involved.

The Impact on the Timeshare Industry

This merger not only increases Vacatia's operational capacity but also reinforces its commitment to providing outstanding value to independent resorts. Vacatia’s CEO, Caroline Shin, expressed enthusiasm about the potential for growth, stating that their combined services will drive new ownership and boost rental revenues. With a combined workforce of over 2,500 associates, both companies intend to create memorable experiences that resonate within the community.

Voices Behind the Merger

Caroline Shin shared her excitement about the acquisition, highlighting the shared vision between Vacatia and its new partners. The team looks forward to enhancing the guest experience while ensuring that their independent resort properties maintain a unique identity and community spirit.

Meanwhile, Rebecca Foster, the retiring Chairman of Berkley, acknowledged the company’s longstanding traditions of excellence in sales and management within the timeshare industry. She is optimistic about returning to their entrepreneurial roots and driving future innovations alongside Vacatia.

Investment and Financial Assurance

The financial backbone of this transaction is reinforced through a partnership with affiliates of Fairfax Financial Holdings Limited, with President Wade Burton emphasizing confidence in Vacatia’s leadership. The collective experience and a successful track record in property management create a solid foundation for a prosperous collaboration.

About Vacatia's Service Offerings

Founded in 2013, Vacatia is dedicated to providing tailored solutions that cater to the needs of independent resorts. Their innovative products aim to engage customers, draw new members, and enhance revenues while also addressing property renovation needs. With a strong portfolio of over 750 partnerships, Vacatia has established itself as a reliable resource for rental and sales services, ensuring success for its partners.

For individuals interested in learning more about Vacatia's offerings, including their membership, sales, and property management services, they are encouraged to reach out directly or explore their website.

Contact Information for Further Inquiries

For those seeking additional details about Vacatia’s recent acquisition or services, they can contact Jeff Hansen, Chief Administrative Officer at Vacatia, who is available for questions, providing a direct line for greater engagement.

Frequently Asked Questions

What motivated Vacatia to acquire The Berkley Group?

The acquisition aims to expand Vacatia’s capabilities in providing effective and innovative solutions for independent resorts, targeting increased rental revenues and owner growth.

How will the merger affect current operations?

Berkley and Daily Management will retain their operations and locations, ensuring that their existing services continue without disruption while benefiting from Vacatia's resources.

Who can benefit from Vacatia's services?

Independent resort owners and potential members looking for timeshare options can greatly benefit from Vacatia’s innovative customer-centric solutions and partnership opportunities.

What is Vacatia's core mission?

Vacatia aims to enhance customer engagement and drive new revenue streams for resorts while maintaining a focus on quality experiences for their guests.

How can one get in touch with Vacatia for more information?

Interested parties can contact Vacatia directly at the provided phone number or through their official website for any inquiries or additional information.

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