Westgate Resorts Marks 25th Anniversary of Time Share Sales
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 history. 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
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