Timeshare firm buying up Crystal Shores


  • By
  • | 11:00 a.m. June 2, 2017
  • | 0 Free Articles Remaining!
  • Charlotte–Lee–Collier
  • Share

Marriott Vacations Worldwide Corp., an Orlando-based company that operates timeshares affiliated with Marriott International Inc. brands nationwide, has been consolidating ownership of the Crystal Shores resort on Marco Island, Collier County property records indicate.

Late last month, the company's Marriott Ownership Resorts Inc. spent $33.3 million to acquire three dozen residential units in the four-towered resort, along with two commercial units. The entity bought the units from a partnership controlled by Rudy Sahay, a New York investor with 54 Madison Partners.

Neither Marriott Vacations officials or Sahay returned telephone calls for comment on the transaction.

 

Continue reading your article
with a Business Observer subscription.
What's included:
  • ✓ Unlimited digital access to BusinessObserverFL.com
  • ✓ E-Newspaper app, digital replica of print edition
  • ✓ Mailed print newspaper every Friday (optional)
  • ✓ Newsletter of daily business news

Latest News

  • December 15, 2025
Lee Health CEO to step down

Sponsored Content