Iconic Space Coast Landmarks Under Contract To Be Sold
By Maria Sonnenberg // April 18, 2014
Cape Caribe Resort TO change hands April 30
BREVARD COUNTY, FLORIDA – Two of Brevard County’s most beloved and well-known landmarks are now under contract to be sold.
The ownership of the Cocoa Beach Pier has received and accepted an offer to sell the 52-year old iconic landmark on the east coast of Florida.
And if all the stars line up, as they are expected to, Ron Jon’s Cape Caribe Resort in Port Canaveral will change hands April 30.
The Ron Jon’s Cape Caribe Resort complex is under contract to be sold to Orange Lake Resorts, home to Intercontinental Hotel Group’s Holiday Inn Club Vacations. Orange Lake, a neighbor to Walt Disney World, is a giant in the vacation ownership world.
“We look forward to adding Cape Caribe into our resorts portfolio,” said Susan Ennis, director of corporate communications at Orange Lake Resorts.
“The company is looking to expand in areas where our members want to vacation.”
Orange Lake Resorts chairman of the board Spence Wilson is son of Holiday Inn and Orange Lake Resorts founder Kemmons Wilson.
The Holiday Inn Club Vacations brand was created in 2008 as a strategic alliance between InterContinental Hotels Group (IHG) and Orange Lake Resorts, a leader within the vacation ownership industry with more than 30 years of proven success.
The Holiday Inn Club Vacations flagship property in Orlando was established in 1982 by Holiday Inn brand founder Kemmons Wilson. The 1,450-acre golf, water park and sports resort includes 2,400 villas with the ability to expand to 4,500 villas.
CAPE CARIBE WILL JOIN 11 OTHER HOLIDAY INN CLUB VACATIONS
Cape Caribe will join 11 other Holiday Inn Club Vacations locations throughout the world, including properties at Panama City Beach, Marco Island, Myrtle Beach, SC and Gatlingburg, Tennessee, among others.
Like the Williamsburg and Vegas properties, the Cape Caribe vacation ownership resort is all about location, location, location. The closest oceanside resort to Orlando, Cape Caribe is 1,200 yards from Port Canaveral and less than 20 minutes from Kennedy Space Center.
Holiday Inn Club timeshare owners can turn their ownership week into several shorter stays at any Holiday Inn Club branded properties, or exchange through any of more than 4,300 RCI resorts in more than 100 countries.
Through the 160,000-owner-strong Holiday Inn Club Vacations brand, Orange Lake Resorts has pursued a growth strategy of expanding into regional vacation destinations that are closer to members’ homes and also represent premier vacation destinations.
Earlier this year, the company added a 130-unit resort near Colonial Williamsburg to its list of properties. Another recent addition to the company’s portfolio is the Holiday Inn Club Vacations at Desert Club Resort in Las Vegas, located one block from the legendary Vegas Strip.
Like the Williamsburg and Vegas properties, the Cape Caribe vacation ownership resort is all about location, location, location. The closest oceanside resort to Orlando, Cape Caribe is 1,200 yards from Port Canaveral and less than 20 minutes from Kennedy Space Center.
“You’ve got everything nearby,” said Ennis. “Now families can spend some days at Cape Canaveral and some days at Orange Lake and Disney. It certainly offers flexibility.”
The ownership of the Cocoa Beach Pier could not be immediately reached for comment. Stay tuned to SpaceCoastDaily.com for updates to this story.