Resort Realty announced today that it has acquired Elan Vacations. Founded in 2001, Elan Vacations specializes in vacation rental management and is based in Powells Point, NC. Resort Realty was founded in 1987 and is based in Nags Head on North Carolina’s Outer Banks.
“Resort Realty’s business has seen tremendous growth over the last five years, and adding Elan’s inventory of Outer Banks vacation rental homes furthers our reach by providing Outer Banks vacation rental guests with a larger offering of vacation rental homes,” said Stuart Pack, CEO of Resort Realty. He said Resort will keep a majority of Elan’s full-time employees and offer employment to all seasonal staff.
The acquisition will add approximately 100 properties to Resort Realty’s portfolio, now totaling nearly 650 homes from Corolla to Hatteras Island. The acquisition is a part of Resort Realty’s long-term strategy for local growth by expanding its current portfolio.