Holiday Inn Club Vacations: Holiday Inn Club Buys Former Roger Smith Hotel Timeshares for $30.3M

After remaining hidden for years behind scaffolding, the former Roger Smith Hotel at 501-507 Lexington Avenue in Manhattan appears to have emerged as a timeshare. Holiday Inn Club, the Orlando-based timeshare company founded in 1982 by the late hotelier Kemmons Wilson, has bought nine commercial units and 21 vacation units in the 92,501-square-foot building for [...]