ORLANDO, Fla. - Travel + Leisure Co. (NYSE:TNL), the world’s leading membership and leisure travel company, and Sports Hospitality Ventures, LLC, hotel and resorts licensee for the Sports Illustrated brand across North America and the Caribbean, introduced a new concept for a network of future sports-themed resort and lifestyle complexes located in popular college towns near universities with devoted fan bases.

Every Sports Illustrated Resorts campus is expected to feature a full-service hotel, a vacation club, and residential condominiums – all of which will share a unique, cohesive design that immerses guests and owners in iconic moments from nearly 70 years of Sports Illustrated content. All resort campuses will also include a host of branded, one-of-a-kind attractions from live action sports and entertainment to quality dining, wellness, and relaxation. In addition to the planned university locations, the broader portfolio of properties is expected to include chic beach clubs and experience parks located in leading leisure destinations.

Sports Illustrated Resorts are about hospitality, lifestyle, leisure and entertainment where we celebrate not only the legacy of Sports Illustrated, but the path it is on now, by immersing our guests in sports culture and providing the best entertainment, cuisine, fitness, health and wellness to our guests. People are seeking differentiated experiences that allow them to be more active and participatory, and Sports Illustrated Resorts are delivering the ultimate experiences for guests through the hospitality destinations we are creating. Christopher Schroeder, CEO of Sports Hospitality Ventures, LLC

Sports Illustrated Resorts

Sports Illustrated Resorts is developing a vibrant, exciting, and interactive experience that celebrates the legacy of 70 years of Sports Illustrated through several different product types to meet a vast array of market interests. From its larger format resorts complete with interactive experience parks, to college town resorts, to chic, boutique beach clubs, Sports Illustrated Resorts is focused on opening properties in major leisure destinations, high traffic urban centers, university towns, and sports and entertainment districts.

The first Sports Illustrated Resorts property opened in 2022 in Cap Cana in the Dominican Republic. Cap Cana is located in one of the largest and most exclusive resort developments in the Western Hemisphere, offering an array of activities and area amenities, including golf, sportfishing, scuba diving, snorkeling, horseback riding, water sports, ziplining, biking, hiking and more.

The first major Sports Illustrated Resorts college town destination will be in Tuscaloosa, the home of the University of Alabama. This property will capture the essence of sports and active lifestyle, complete with a full-service hotel, vacation ownership club, signature SI Fit Health/Wellness Center, world-class dining, entertainment and more.

Sports Illustrated Resorts vacation club

A brand-new product, the vacation club will bring loyal fans and their friends and families together by elevating their accommodation experience even further. For the cost of an initial membership, Sports Illustrated vacation club members will receive flexible points-based currency to make repeat resort reservations and utilize offerings from across the growing Sports Illustrated Resorts portfolio.

Travel + Leisure Co. is leveraging its expertise in managing multiple brand partnerships for the development, distribution, and management for the new Sports Illustrated vacation club product.

We’re excited to be working with the Sports Hospitality Ventures team to create a custom club experience for passionate sports fans. Our vision for this entirely new vacation club is to provide members a unique opportunity to totally immerse themselves in gameday life with a piece of their favorite college town, plus flexibility to travel away with their team and beyond. Geoff Richards, chief operating officer of vacation ownership at Travel + Leisure Co.

Through the assistance of Wolfson Partners LLC, and in partnership with Sports Hospitality Ventures and Authentic Brands Group, a brand development, marketing and entertainment company and owner of the Sports Illustrated brand, Travel + Leisure Co. acquired the rights to the vacation ownership business for Sports Illustrated and will develop and operate the sales and marketing of the new Sports Illustrated vacation club, as well as certain Sports Illustrated residential condominiums.

Sports Illustrated residences

Sports Illustrated residences will be fractional and wholly owned condominiums professionally managed through a partnership between Travel + Leisure Co. and Sports Hospitality Ventures, to deliver the signature services and amenities offered by Sports Illustrated Resorts to owners designed to support an active lifestyle.

First resort planned at the University of Alabama in Tuscaloosa

The companies also announced that the first location for the line of planned college town resorts in the Sports Illustrated Resorts network will be in Tuscaloosa, Ala., situated across the Black Warrior River from the University of Alabama.

As an institution steeped in rich sports history and tradition, the University of Alabama has been featured on the Sports Illustrated cover more than any other university. This year, Tuscaloosa was named by Travel + Leisure as one of the 25 best college towns in the U.S.

Leveraging strong partnerships as the resort network grows

Sports Hospitality Ventures, under license from Authentic Brands Group (Authentic), launched Sports Illustrated Resorts in 2022 to create new premium, lifestyle resort and entertainment destinations.

Kituwah LLC, the business entity of the Eastern Band of Cherokee Indians, a federally recognized tribe, bring a wealth of hospitality, development, and market knowledge as partners of Sports Hospitality Ventures, in addition to a capital commitment of $320 million to expand the Sports Illustrated Resorts brand.

The Cherokee cultural values have been at the core of our mission at Kituwah LLC since the beginning of this exciting partnership. We look forward to sharing the concepts that have existed in harmony for millennia to the world through the support of the experienced partners we have assembled in this endeavor. Mark Hubble, CEO of Kituwah LLC

As the companies begin work on the planned Tuscaloosa resort campus, additional college town destinations are expected to be announced in the future.

This project is a tangible demonstration of our multi-brand strategy to grow our business with new exciting partnerships. As the world’s leading membership and leisure travel company, we are uniquely positioned to be able to partner with brands and hospitality companies to develop customized vacation club products for their customers. Michael D. Brown, president and CEO of Travel + Leisure Co. 

The new resorts are anticipated to be developed using an asset-light development financing model. It is expected that the Tuscaloosa resort will open in late 2025.There is no immediate earnings impact for Travel + Leisure Co., but the company expects this business to drive incremental growth starting in the second half of 2025.

To learn more about the Sports Illustrated Resorts portfolio, visit https://travelandleisureco.com/si.

About Sports Hospitality Ventures

Sports Hospitality Ventures is a partnership including Experiential Ventures Hospitality, Authentic Brands Group, and Kituwah, LLC, and is focused on expanding the Sports Illustrated Resorts brand through sublicensing, rebranding, joint ventures and development. Presently, Sports Hospitality Ventures has multiple projects throughout the United States and the Caribbean.

About Sports Illustrated

Sports Illustrated (SI) is an unparalleled and influential leader recognized for shaping modern culture and uniting athletes, teams and fans worldwide. At the intersection of sports, lifestyle and entertainment, Sports Illustrated is a 360-degree enterprise that delivers immersive content, innovative digital experiences, unforgettable events, and original products. Its award-winning media arm brings powerful storytelling to life through probing profiles and up-to-date news on SI.com, across social media platforms and through the monthly print magazine. The most trusted name in sports transcends media through SI Tickets, a fan-first ticketing platform, SI Sportsbook, a digital sports betting platform, SI Studios, the brand’s home for film, TV, and long form audio adaptations of SI’s thought-provoking storytelling, and more. SI brings its unique and authentic perspective to marquee events and captivating brand activations including The Sportsperson of the Year Awards, “The Party”, SI Swimsuit Launch Weekend and the SI Circuit Series.

Follow Sports Illustrated on Twitter, Instagram, TikTok and Facebook.

ABOUT TRAVEL + LEISURE

Travel + Leisure is the preeminent voice for the sophisticated traveler, serving up expert intelligence and the most immersive travel lifestyle content anywhere. Travel + Leisure captures the joy of discovering the cultural pleasures the world has to offer, from art and design to shopping and style to food and drink. Travel + Leisure connects with its audience across platforms including the U.S. flagship and four international print editions, digital channels, the annual World's Best franchise and more. Launched in 1971, Travel + Leisure is part of the Dotdash Meredith publishing family and is owned by Travel + Leisure Co. (NYSE: TNL). Learn more at travelandleisureco.com.