SOLD! For $430 Million

Marriott Vacations Worldwide announced that it has entered into an agreement to acquire Welk Resorts, owner of Cabo San Lucas’ Sirena del Mar resort just outside of Cabo. Welk Resorts was founded in 1984 by Lawrence Welk, an American musician, accordionist, bandleader, and television impresario, who hosted the television program The Lawrence Welk Show from 1951 to 1982. In addition to the Cabo San Lucas resort, the Welk company owns properties in San Diego, Beckenride and Lake Tahoe. The resort might be renamed a Hyatt Residence Club.

Gringo Gazette

The Gringo Gazette is Baja California’s English-language newspaper for expats, travelers, and locals who love the peninsula as much as we do. We cover life, culture, food, wine, and all the good news south of the border—because our motto is simple: No Bad News.

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