Bluegreen Corporation
American private vacation ownership company / From Wikipedia, the free encyclopedia
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Bluegreen Corporation is an American private vacation ownership brand that is currently a wholly owned subsidiary of Hilton Grand Vacations. The company provides vacations at 50 owned or managed resorts on a time-share basis, with alternative resort and cruise options available through upselling and third-party exchanges.[3] Bluegreen makes its services available to other resort operators on a fee-for-service basis.[4]
Company type | Subsidiary |
---|---|
NYSE: BXG Russell 2000 Component | |
Industry | Real estate |
Founded | 1966 (as Patten Realty Corporation) |
Headquarters | 4960 Conference Way N #100, Boca Raton, Florida, United States |
Number of locations | 50 resorts (Many slated to be rebranded to Hilton brands) |
Area served | United States, Caribbean |
Key people | Alan Levan (CEO) Raymond S. Lopez (CFO) Ahmad M. Wardak (CMO)[1] |
Products | Real estate-based vacation ownership plans |
Number of employees | 4,500+ (2013)[2] |
Parent | Hilton Grand Vacations |
Website | Bluegreen Vacations |
Originally a land-sale company founded as Patten Realty Corporation in 1966, Bluegreen also developed land into residential and golf course communities until 2012.[4] The company currently has three primary divisions: Bluegreen Resorts oversees the time-share program,[5] Bluegreen Vacations manages the Bluegreen Vacation Club point system,[6] and Outdoor Traveler markets Bluegreen programs at Bass Pro stores.[7]
Beyond Bass Pro, Bluegreen also has ongoing partnerships with companies such as Choice Hotels International.[8] In 2012 Bluegreen's profits came to $458 million[9] and total assets equaled to $1.08 billion.[10] Bluegreen's philanthropic efforts include support of organizations such as the American Red Cross and JDRF.[11]