![]() ![]() He also patented a musical restaurant menu, and accordion-themed ash tray and serving tray. In a sale expected to close in the second quarter, Marriott “says it plans to rebrand the Welk vacation resorts in California, Colorado, Missouri, New Mexico and Cabo San Lucas as Hyatt Residence Club properties.”īand leader and TV star Lawrence Welk became a real estate developer. And wait – there are Lawrence Welk hotels? ![]() How about Marriott Vacations controlling Hyatt’s timeshare portfolio? That’s something not a lot of people realize but gets a big exclamation point from Marriott Vacations Worldwide spending $430 million to acquire Welk Resorts to turn them into Hyatt Residenes properties. (We think of airline codesharing as a bit deceptive, United Airlines sells a flight with its flight number but you actually fly on Lufthansa. ![]() Of course that’s just one of a number of different arrangements. Marriott sells the rooms, provides some standards, and takes a slice out of revenue. But timeshare brands are far, far stranger.Ī hotel might have the Marriott brand, but it’s most likely not actually owned by Marriott. The hotel business can be strange in many ways.
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