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Apple Leisure Group Will Likely Continue Growth After Sale

Andrew Sheivachman

Photo Credit: Apple Leisure Group passing hands from one private equity giant to another bodes well for its future. Here, a vacationer plays golf at the Dreams Los Cabos Suites Golf Resort and Spa, which is an Apple Leisure Group hotel. Facebook / Dreams Los Cabos

Skift Take

It's one thing for a private equity group to own many fragmented hotel and travel assets. It's another to own a distribution platform to sell those products. Apple Leisure Group's new owners have to feel good about leveraging the company's scale and using its resources to help increase the viability of its existing assets.

Considering the size of its holdings and impact on the North American travel marketplace, the sale of Apple Leisure Group to private equity giant KKR and its travel-centric affiliate KSL has gone relatively under the radar since it was announced last month. Apple Leisure Group, which was initially given an equity infusion by Bain Capital in 2012 to ostensibly finance its growth, underwent many changes following the acquisition that were fueled by the money it received. Most notably, it bought CheapCaribbean.com to sell its res

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