|David Siegel founded Central Florida Investments in the early 1970's as a real estate development firm working in the Orlando area. In 1982, he was introduced to the timeshare concept, and built 16 villas that eventually became Westgate Vacation Villas.
Mr. Siegel has since perfected and refined the concept, making timeshare one of the fastest growing segments of the tourism industry, and establishing Westgate Resorts as an industry leader. Today, Westgate Resorts, part of the CFI family of businesses, is vacation home to more than 400,000 timeshare owners, with resorts in Orlando, Daytona Beach, and Miami Beach, Florida, as well as Gatlinburg, Tennessee; Park City, Utah; Las Vegas, Nevada; Williamsburg, Virginia; Branson, Missouri; Tunica Mississippi; and Mesa Arizona. More important, timeshare ownership is now the most economical way for families to enjoy a lifetime of luxury vacations.
Road to Success
Westgate Towers and Westgate Daytona
U.S. timeshare sales reach $2.72 billion.
Westgate Resorts/Central Florida
I Love the Smokies magazine publishes
Westgate Resorts Foundation established to
Westgate Park City Resort & Spa opens in Park City, Utah.
Westgate acquires 1,600 acres near Lake Wales, Florida. Known as Westgate River Ranch, the property includes a lodge, marina, golf course, rodeo stadium and private runway
Westgate acquires Westgate Blue Tree Resort At Lake Buena Vista, and Westgate Palace near Orlando's International Drive area.
Westgate acquires the Coral Sands resort in Miami Beach, and renames it Westgate South Beach.
Westgate acquires Grenelefe Golf & Tennis Resort in Haines City, Florida.
Westgate announces plans for Westgate Historic Williamsburg in Williamsburg, Virginia.
The grand opening of the Wild Bear Falls