Westgate Resorts Marks 25th Anniversary of Time Share Sales

May 03, 2007, 01:00 ET from Westgate Resorts

    ORLANDO, Fla., May 3 /PRNewswire/ -- December 15 will mark the 25th
 anniversary of the opening of Westgate Resorts' first resort, Westgate
 Vacation Villas, just west of the entrance gate to Walt Disney World in
 Osceola County, FL.
     Since then, Westgate Resorts has grown to become the largest privately
 held timeshare company in the world with over $800 million in annual
 revenues. Westgate Resorts is a subsidiary of Central Florida Investments,
 Inc., which was founded by David A. Siegel in 1970 as a real estate
 development firm, starting from a small office in his garage.
     All 28 resorts will embark on an 18-month celebration of the
 anniversary, which will kick off Memorial Day Weekend, May 25. "We love our
 Westgate Resorts Owners. They are responsible for our success," says
 Siegel. "We're going to be celebrating them, we're going to celebrate our
 employees, and we're going to be celebrating our future owners."
     Guests, owners, and visitors to the resorts and to the company website,
 http://www.westgateresorts.com, will be invited to enter contests with
 chances to win $25,000. Specially discounted 25th Anniversary Vacation
 Packages will also be offered.
     Over the past several decades, Westgate Resorts has become Central
 Florida's largest private employer, and employs over 10,000 people
 nationwide. Westgate Resorts recently marked its first $25 million sales
 week, Apr. 2-8, the largest week of timeshare sales in the company's
     This sales record represented 1,873 real estate transactions in a
 seven- day period across 17 of the company's 28 resorts, and is one of the
 largest sales weeks in the industry's history.
     Over the past 25 years, Westgate Resorts has expanded into 11 states,
 including Myrtle Beach, S.C.; Miami Beach; Williamsburg, Va., Gatlinburg,
 Tenn.; Branson, Mo.; Tunica, Miss.; Park City, Utah; Mesa, Ariz.; Las
 Vegas, and Anaheim, Calif., as well as the company's home base, Orlando.
     With 28 resorts and over 400,000 owners worldwide, Westgate Resorts is
 one of the largest resort developers in the world. The company provides
 affordable luxury vacation accommodations as well as offering worldwide
 travel solutions through their exclusive affiliation with Interval
 International, the Quality Interval Exchange Network comprised of over 2000
 resorts in over 75 countries.
     More information is available by logging onto www.WestgateResorts.com.

SOURCE Westgate Resorts