Spiced Cranberry Sauce

1 pkg (12 ounces) cranberries
1 cup sugar
1 cup water
1 cinnamon stick about 3 inches long
1/2 tsp orange peel
1/2 tsp vanilla

Place all ingredients except vanilla in large saucepan. Stir to combine. Heat to a boil, reduce heat and simmer 45 minutes or until very thick, stirring occasionally. Cool to room temperature. Remove cinnamon stick and stir in vanilla. Cover and refrigerate until ready to serve.