BakerHostetler Provides Legal Counsel on Two Deals for Travel + Leisure Co.

Two teams of BakerHostetler attorneys advised leading hospitality company Travel + Leisure Co. in the acquisition of hospitality and lifestyle company Yes& Vacations and vacation ownership and resort hospitality company Spinnaker Resorts. The combined upfront purchase price of the two acquisitions is $343 million, and together they add more than 100,000 owners and 23 resorts to Travel + Leisure Co.'s vacation ownership network, including an expanded presence in two key destinations in Maui, Hawaii, and Hilton Head, South Carolina.

BakerHostetler Chairman Paul Schmidt has been advising Travel + Leisure Co. for more than 15 years. "We are proud to support Travel + Leisure Co. as it continues to strengthen its position as the leading vacation ownership and leisure travel company," said Schmidt. "These transactions drew on our team's deep hospitality, transactional and tax experience and reflects the trusted nature of our longstanding relationship with T+L."

BakerHostetler attorneys led all aspects of the Yes& Vacations acquisition, led by Partners John Lehrer (tax), Jason Brady (corporate) and Amy Bellman and Laura Peterson (hospitality), including Partners Kyle Gregory, Nathan Schacht, Monica Verma, Michael Vitale, Douglas Vonderhaar and Robert Webb, Counsel Courtney Witten and Associates Jessica Anderson, Charles Boudet, Maryana Curci, Harrison Enright, Jake Hessinger and Jacob Steffey.

Partner John Lehrer also co-led the tax portion of the Spinnaker acquisition and Partner Amy Bellman led on hospitality. Other attorneys supporting the acquisition included Partners Jason Brady, Julie Singer Brady, Michael Vitale and Robert Webb and Associates Jessica Anderson and Charles Boudet.