Westgate Resorts

Westgate Resorts is a timeshare company owned and operated by David A. Siegel. Siegel started Central Florida Investments (CFI), the parent company of Westgate Resorts, in the early 1970s, as a real estate development firm. The firm started out of David Siegel's garage, but has since grown to be the largest privately held timeshare company in the world. [http://orlando.bizjournals.com/orlando/stories/2007/02/26/story1.html Siegel on a tear with time share expansions - Orlando Business Journal: ] ] CFI employs more than 10,000 people across the United States and has annual revenues approaching $1 billion.

The company first expanded from Central Florida to Miami and Daytona Beach, then outside the State of Florida. Westgate now encompasses 28 resorts throughout the United States.

With over 450,000 owners worldwide, Westgate Resorts is the third largest company in the industry. The company provides vacation accommodations as well as offering worldwide travel exchange through its affiliation with Interval International and I.C.E. (International Cruise and Excursions).

Current Projects

Westgate’s newest and most ambitious product is fifty-two stories above the strip in Las Vegas, Nevada. The Planet Hollywood Towers by Westgate will be the only timeshare property directly connected to a major hotel/casino on the Las Vegas strip. When completed, the project will have over 1,200 vacation villas and 28 penthouse condominiums; it will cost an estimated $1 billion.

The Westgate Anaheim Gardenwalk is an addition to the Anaheim GardenWalk Development in Anaheim, California. Directly adjacent to the Disneyland Resort, with easy access to the resort park, spectacular views of Disneyland and its environs, and with amenities within the GardenWalk development almost adjacent.

Westgate Myrtle Beach Oceanfront Resort, Myrtle Beach, SC, on the famous Grand Strand beach area in Myrtle Beach, is being improved with restaurants, pools, shopping, and water sports.

[http://orlando.bizjournals.com/orlando/stories/2007/02/26/story1.html The Reserve at Westgate Lakes] , located in Orlando, Florida, is Westgate's newest Florida-based project. Located on one of Central Florida's most picturesque lakes, the new resort will include an on-site water park, tennis and basketball courts, a restaurant, and Westgate's Papillon the Spa,