Interval Leisure Group has acquired Aqua Hospitality and Aqua Hotels and Resorts through an ILG subsidiary, Vacation Holdings Hawaii. Aqua is a management company currently representing more than 20 properties in Hawaii and Guam.
“This acquisition furthers our strategy to expand ILG’s fee-for-service business model in highly desirable destinations,” said Craig M. Nash, chairman, president, and CEO of Interval Leisure Group. “We look forward to leveraging the expertise of the Aqua team to enhance our already successful management and rental segment.”
Based in Miami, Interval Leisure Group is a global provider of membership and leisure services to the vacation industry. Headquartered in Miami, Florida, ILG has approximately 5,000 employees worldwide. The company offers leisure and travel-related products and services to approximately two million member families who are enrolled in various programs.
Aqua Hospitality is a Hawaii-based management company founded in 2001 with properties on Oahu, Maui, Kauai, Molokai, Lanai, Hawaii Island, and Guam.