M&A Deal Summary

Travel + Leisure Acquires Kaiser Realty

On January 2, 2013, Travel + Leisure acquired leisure company Kaiser Realty

Acquisition Highlights
  • This is Travel + Leisure’s 8th transaction in the Leisure sector.
  • This is Travel + Leisure’s 5th transaction in the United States.
  • This is Travel + Leisure’s 1st transaction in Alabama.

M&A Deal Summary

Date 2013-01-02
Target Kaiser Realty
Sector Leisure
Buyer(s) Travel + Leisure
Deal Type Add-on Acquisition

Target

Kaiser Realty

Gulf Shores, Alabama, United States
Kaiser Realty, Inc. is a provider of guests the finest Gulf Coast vacation homes and beach condos along the sugar-white sand beaches of Gulf Shores and Orange Beach, Alabama.

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Buyer(S) 1

Buyer

Travel + Leisure

Orlando, Florida, United States

Category Company
Founded 1990
Sector Leisure
Employees19,000
Revenue 3.9B USD (2024)
DESCRIPTION
Wyndham's corporate headquarters in Orlando, Florida.
Wyndham's corporate headquarters in Orlando, Florida.

Travel + Leisure is a hospitality company with operations across six continents. Wyndham offers individual consumers and business customers a broad array of hospitality products and services, as well as various accommodation alternatives and price, ranges through a portfolio of brands. Travel + Leisure was founded in 1990 and is based in Orlando, Florida.


DEAL STATS #
Overall 9 of 14
Sector: Leisure M&A 8 of 13
Type: Add-on Acquisition M&A Deals 9 of 13
State: Alabama M&A 1 of 1
Country: United States M&A 5 of 8
Year: 2013 M&A 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-01-02 Cumbrian Cottages

Carlisle, United Kingdom

Cumbrian Cottages Ltd. s a provider of lake district cottages available, with over 1,200 holiday cottages, houses, lodges and apartments.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-02-02 Dolce Hotels and Resorts

Rockleigh, New Jersey, United States

Dolce's portfolio of hotels, resorts, conference centers and day meeting centers offer 750,000 square feet of meeting space, host approximately 100,000 events and welcome four million meeting clients each year. The Dolce system includes meeting and resort destinations around the world in markets such as the Napa Valley and Aspen in North America and international locations such as Barcelona, Brussels, Munich, Frankfurt, Paris and Provence.These locations will complement the expanding presence of Wyndham Grand meeting destinations in markets such as Chicago, Miami, Berlin, Doha, Hangzhou and Xian, China, giving meeting planners a wide array of options within the same system.

Buy $56M