Cibola Vista Resort and Spa Now Available to Bluegreen Vacation Club(R) Members
BOCA RATON, Fla., Sep 08, 2009 (BUSINESS WIRE) -- Bluegreen Corporation (NYSE: BXG), a leading provider of Colorful Places to Live and Play(R), today announced that it has entered into agreements to manage the operations, sales and marketing, and loan servicing activities for Cibola Vista Resort and Spa, beginning in October 2009. As part of the relationship between Cibola and Bluegreen, the Cibola Vista Resort and Spa, located in the Phoenix suburb of Peoria, Arizona, will become part of Bluegreen's portfolio of vacation destinations.
Cibola Vista Resort and Spa is a luxury vacation ownership resort located between the popular Lake Pleasant recreational area and the city of Phoenix, and is in close proximity to the Arizona Cardinals' stadium and numerous Major League Baseball spring training venues. The resort boasts amenities including a spa, fitness center, two pools, meeting rooms and equestrian programs, in a western village-themed environment. A total of 204 units, including studio, one-bedroom, two-bedroom and penthouse accommodations, are offered in Spanish Colonial-designed buildings.
"Our property was designed to appeal to travelers looking for an Old West vacation experience with the comforts and amenities of today," said Neil Cumsky, President and CEO of Princeton Resorts Group, the developer of Cibola Vista. "Combining Bluegreen service with this unique resort experience will further establish Cibola Vista as one of the premier destination resorts in the Southwest, while at the same time provide our owners with the breadth of services offered by Bluegreen."
"This turnkey relationship extends the Bluegreen Vacation Club(R) footprint into another new, high-demand vacation destination," said Bluegreen's President and CEO John M. Maloney, Jr. "Resort options in the Southwest, especially in popular golf and outdoor destinations like Phoenix, are an attractive alternative for our vacation club owners."
Mr. Maloney continued, "We remain focused on expanding our business and introducing new experiences to our owners and guests, while at the same time conserving our capital. We believe our fee-based service initiatives, such as our agreement with Cibola Vista, demonstrates our continuing success in these endeavors."
BOCA RATON, Fla., Sep 08, 2009 (BUSINESS WIRE) -- Bluegreen Corporation (NYSE: BXG), a leading provider of Colorful Places to Live and Play(R), today announced that it has entered into agreements to manage the operations, sales and marketing, and loan servicing activities for Cibola Vista Resort and Spa, beginning in October 2009. As part of the relationship between Cibola and Bluegreen, the Cibola Vista Resort and Spa, located in the Phoenix suburb of Peoria, Arizona, will become part of Bluegreen's portfolio of vacation destinations.
Cibola Vista Resort and Spa is a luxury vacation ownership resort located between the popular Lake Pleasant recreational area and the city of Phoenix, and is in close proximity to the Arizona Cardinals' stadium and numerous Major League Baseball spring training venues. The resort boasts amenities including a spa, fitness center, two pools, meeting rooms and equestrian programs, in a western village-themed environment. A total of 204 units, including studio, one-bedroom, two-bedroom and penthouse accommodations, are offered in Spanish Colonial-designed buildings.
"Our property was designed to appeal to travelers looking for an Old West vacation experience with the comforts and amenities of today," said Neil Cumsky, President and CEO of Princeton Resorts Group, the developer of Cibola Vista. "Combining Bluegreen service with this unique resort experience will further establish Cibola Vista as one of the premier destination resorts in the Southwest, while at the same time provide our owners with the breadth of services offered by Bluegreen."
"This turnkey relationship extends the Bluegreen Vacation Club(R) footprint into another new, high-demand vacation destination," said Bluegreen's President and CEO John M. Maloney, Jr. "Resort options in the Southwest, especially in popular golf and outdoor destinations like Phoenix, are an attractive alternative for our vacation club owners."
Mr. Maloney continued, "We remain focused on expanding our business and introducing new experiences to our owners and guests, while at the same time conserving our capital. We believe our fee-based service initiatives, such as our agreement with Cibola Vista, demonstrates our continuing success in these endeavors."
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