Zardiw
3 days ago
Guess who $IDGR hired as a Director?:
David Weintraub
David Weintraub is the former CEO of Swifty Car Wash, a company that he successfully took public and then returned to private holding. During his over 30 years of investment banking experience, Mr. Weintraub has personally raised hundreds of millions of dollars in capital, primarily for public companies.
David Weintraub is the President of Ideal Group's wholly owned subsidiary Portfolio Partners Inc. Portfolio Partners, Inc. is the parent company of Travel Zen, Inc., which acquires deeds to fractional timeshares in a portfolio of premium resorts concentrated during spring break at the most popular ski resorts in the USA
Z
Zardiw
3 days ago
300 New Resort Properties being added to $IDGR Balance Sheet:
There was a name/symblol change from JZZ to Ideal Group
JZZ Technologies, Inc. Subsidiary, Travel Zen Inc. to Acquire an Additional 300 Resort Vacation Rental WeeksPress Release | 12/14/2023
Anderson, South Carolina--(Newsfile Corp. - December 14, 2023) - JZZ Technologies, Inc.'s (OTC Pink: JZZI) ("JZZ" or the "Company") wholly owned subsidiary, Travel Zen, Inc. ("Travel Zen") JZZ has launched an initiative to acquire a total of 300 targeted resort property vacation deeds to add to its existing portfolio of 60 vacation deeds. The deeds will be vested in JZZ Technologies, Inc.'s subsidiary Portfolio Partners, Inc. - the parent company of Travel Zen, Inc.
Z
Zardiw
1 week ago
$IDGR Travel Zen Timeshare Trend:
Over the last half-decade, the timeshare industry has demonstrated a resilient growth trajectory, with key metrics such as sales volume, rental revenue, and average transaction price not only recovering post-pandemic but indeed showing an upward trend. Despite the initial setbacks faced during the 2020 global health crisis, by 2022, the industry regained momentum, marking a notable rebound in economic contribution and market valuation.
https://wesleyfinancialgroup.com/timeshare-blog/timeshare-statistics/
Z
TradeForProfits
6 months ago
News out. Big acquisition with revenue generation. https://finance.yahoo.com/news/jzz-technologies-inc-acquires-portfolio-135500380.html
JZZ Technologies, Inc. Acquires Portfolio Partners, Inc., and its Subsidiary, Travel Zen Inc.'s Entire Premium Resort Vacation Rental Portfolio
Newsfile Corp.
Thu, November 16, 2023 at 8:55 AM EST
In this article:
JZZI
0.00%
Watchlist
Watchlist
Anderson, South Carolina--(Newsfile Corp. - November 16, 2023) - JZZ Technologies, Inc.'s (OTC Pink: JZZI) ("JZZ" or the "Company") has acquired Portfolio Partners, Inc. ("Portfolio Partners), a Florida Corporation and its wholly owned subsidiary, Travel Zen, Inc. ("Travel Zen"). In a transaction that will provide for JZZ to operate and manage the assets of Travel Zen, JZZ has acquired 100% of the outstanding shares and assets of Portfolio Partners, Inc., including Travel Zen, Inc.
Travel Zen has emerged as a significant player in the vacation rental space. The company owns over 60 deeded vacation rental timeshare weeks, including spring break weeks in some of the most sought-after resorts in the Vail Valley in Colorado. Most of these units are located in Avon, Colorado, providing easy access to the desirable Beaver Creek and Vail ski resorts. Participating resorts include the Sheraton Mountain Vista, Falcon Point Resort, and the Sheraton Lakeside Terrace.