Interval Leisure Group Inc. is reportedly in talks to purchase Starwood Hotels & Resorts Worldwide’s vacation-ownership business, according to The Wall Street Journal.
The deal would value between $1 billion and $1.5 billion, and aligns with Starwood’s plan to spin off the timeshare unit, which was announced in February.
Currently, Interval Leisure is valued at just over $1 billion.
For the full story, visit The Wall Street Journal.
