
Virginia Beach-Based VSA Resorts Acquired by Vacatia, Inc.
VSA Resorts, a hospitality and vacation ownership company, has been acquired by Mill Valley, CA-based Vacatia, Inc.
With the addition of VSA’s three resorts and association management business, Vacatia now manages 21 timeshare and 42 whole-ownership homeowners associations with 4,750 units and 50,000 owners.
VSA Resorts’ properties include Ocean Key Resort, Atrium Resort and Ocean Sands Resort, all located in Virginia Beach. VSA also manages wholly owned condominium associations in the area. It employs nearly 100 people and has an owner base of more than 18,000.
As Vacatia-managed properties, VSA resorts will be featured on the Vacatia.com website and offered through third-party booking platforms. Owners at these resorts will be able to participate in OwnerPLUS, which enables travel to Vacatia’s managed and affiliated resorts. In addition, these resorts will be available through VacatiaPLUS, Vacatia’s subscription-based membership model that invites travelers to independent timeshare resorts.
- ◦Sale/Acquisition