M&A Deal Summary

Travel + Leisure Acquires Accor Vacation Club

On January 30, 2024, Travel + Leisure acquired leisure company Accor Vacation Club from AccorHotels for 48M USD

Acquisition Highlights
  • This is Travel + Leisure’s 13th transaction in the Leisure sector.
  • This is Travel + Leisure’s 6th largest (disclosed) transaction.
  • This is Travel + Leisure’s 1st transaction in Australia.

M&A Deal Summary
Date 2024-01-30
Target Accor Vacation Club
Sector Leisure
Buyer(s) Travel + Leisure
Sellers(s) AccorHotels
Deal Type Divestiture
Deal Value 48M USD

Target

Accor Vacation Club

Surfers Paradise, Australia
Accor Vacation Club is an exciting, innovative holiday ownership club offering fantastic choice and flexibility to its Members in a wide variety holiday destinations worldwide. Accor Vacation Club is based in Surfers Paradise, Australia.

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Buyer(S) 1

Buyer

Travel + Leisure

Orlando, Florida, United States
Category Company
Founded 1990
Sector Leisure
Employees19,000
Revenue 3.8B USD (2023)
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 14 of 14
Sector (Leisure) 13 of 13
Type (Divestiture) 1 of 1
Country (Australia) 1 of 1
Year (2024) 1 of 1
Size (of disclosed) 6 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-07-30 Wyndham Vacation Rentals

Parsippany, New Jersey, United States

Wyndham Vacation Rentals provides access to nearly 10,000 vacation rental properties in some of North America’s most popular vacation destinations. Wyndham Vacation Rentals was founded in 2011 and is based in Parsippany, New Jersey.

Sell $162M

Seller(S) 1

SELLER

AccorHotels

Issy-les-Moulineaux, France
Category Company
Founded 1967
Sector Leisure
Employees19,198
Revenue 5.1B EUR (2023)
DESCRIPTION

Accor is a worldwide provider in the lodging market, with approximately 4,000 hotels and 500,000 rooms, and brands including Sofitel, Novotel, and Motel 6, with significant real estate assets owned and managed. Accor was founded in 1967 and is based in Issy-les-Moulineaux, France.

DEAL STATS #
Overall 2 of 2
Sector (Leisure) 2 of 2
Type (Divestiture) 2 of 2
Country (Australia) 1 of 1
Year (2024) 1 of 1
Size (of disclosed) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-10-05 SBE Entertainment Group

Los Angeles, California, United States

SBE Entertainment Group LLC is a developer, manager and operater of hotels, restaurants and nightlife. SBE Entertainment Group was founded in 2002 and is based in Los Angeles, California.

Buy $319M
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