Who owns Vacation Village Resorts? This question often comes up when discussing the vacation ownership industry. Vacation Village Resorts, a well-known vacation ownership company, has a complex ownership structure that includes various entities and individuals. In this article, we will delve into the details of who owns Vacation Village Resorts and how this ownership structure has evolved over the years.
Vacation Village Resorts, founded in 1974, has grown to become one of the largest vacation ownership companies in the world. The company manages and operates numerous vacation resorts across North America, Europe, and the Caribbean. As a publicly-traded company, Vacation Village Resorts is subject to scrutiny regarding its ownership and financial performance.
The primary owner of Vacation Village Resorts is a real estate investment trust (REIT) known as Bluegreen Corporation. Bluegreen Corporation, founded in 1966, has been a leader in the vacation ownership industry for over five decades. The company’s mission is to create memorable vacation experiences by offering a variety of vacation ownership and rental options.
Bluegreen Corporation acquired Vacation Village Resorts in 1999, marking the beginning of a new era for the company. Under Bluegreen’s ownership, Vacation Village Resorts has expanded its portfolio, adding new resorts and enhancing existing properties. This strategic move has allowed the company to cater to a broader audience of vacationers.
In addition to Bluegreen Corporation, other significant stakeholders in Vacation Village Resorts include:
1. Shareholders: As a publicly-traded company, Bluegreen Corporation has numerous shareholders who own shares in the company. These shareholders have a financial interest in the company’s performance and are entitled to vote on certain corporate matters.
2. Lenders: Vacation Village Resorts, like many other companies, has taken out loans to finance its operations and expansion. Lenders, such as banks and financial institutions, hold a portion of the company’s assets as collateral for these loans.
3. Employees: The employees of Vacation Village Resorts are also stakeholders in the company. Their dedication and hard work contribute to the success of the company and its resorts.
4. Vacation owners: Vacation Village Resorts operates under a vacation ownership model, where individuals purchase the right to use a resort property for a specified period. These vacation owners are stakeholders in the company as well, as their satisfaction and loyalty are crucial to the company’s success.
Over the years, the ownership structure of Vacation Village Resorts has continued to evolve. The company has faced various challenges and opportunities, including mergers, acquisitions, and strategic partnerships. Despite these changes, the core mission of providing memorable vacation experiences remains unchanged.
In conclusion, Vacation Village Resorts is owned by Bluegreen Corporation, a publicly-traded real estate investment trust. Other stakeholders, including shareholders, lenders, employees, and vacation owners, also play a significant role in the company’s success. As the vacation ownership industry continues to grow, the ownership structure of Vacation Village Resorts will likely continue to evolve, ensuring the company remains a leader in the industry.
