TowneBank Adds Smoky Mountain Resorts to Portfolio

by CoVaBizMag

From a press release by TowneBank

TowneBank, based in Coastal Virginia, announced the acquisition of Venture Resorts, Inc., the largest cabin rental company in the Smoky Mountains, effective July 1, 2021. With close to 400 rental properties near the Tennessee destinations of GatlinburgPigeon ForgeWears Valley and Sevierville, Venture Resorts provides accommodations for groups of all sizes visiting Great Smoky Mountains National Park, the most visited national park in the United States.

“This is an exciting development for Towne Vacations,” said Brian Skinner, president and chief executive officer of Towne Financial Services Group, which oversees the vacation property management activities of TowneBank. “The Smoky Mountains offer unbelievable vacation experiences, and we are fortunate to have the Venture Resorts management and hospitality teams in Pigeon Forge to keep operations going as before.”

Voted by Southern Living as the #1 family resort in the Smokies, Venture Resorts is known for great accommodations and top-notch service. “We are delighted to share the allure of the Smoky Mountains with a wider audience by joining the TowneBank family of companies,” said Billy Parris, general manager of Venture Resorts, Inc. For vacation rental availability, visit

In addition to Smoky Mountains vacation properties, Towne Vacations offers beach vacations in Hilton Head, South Carolina and Oak Island, North Carolina, as well as mountain and lake vacations in Deep Creek Lake, Maryland. With the addition of Venture Resorts, Towne Vacations now manages over 1,900 vacation rental properties. Each vacation property management company operates independently under the Towne Vacations umbrella.

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