If you’re planning a vacation or considering investing in a timeshare, you may be wondering which company owns Vacation Village. Vacation Village is a popular timeshare resort brand with locations across the United States, and it’s important to know who owns the company before making any decisions.
Who Owns Vacation Village?
Vacation Village is owned and operated by the Berkley Group, a leading hospitality and real estate development company based in Fort Lauderdale, Florida. The Berkley Group was founded in 1984 and has since become one of the largest privately held timeshare companies in the world.
The History of the Berkley Group
The Berkley Group was founded by Edward L. “Ned” Roseberry Jr., a real estate developer with decades of experience in the industry. Roseberry had previously worked for Marriott Corporation and Hyatt Hotels before starting his own company.
The Berkley Group started as a small real estate development firm but quickly expanded into the hospitality industry with its first timeshare resort, Vacation Village at Parkway, which opened in Orlando, Florida in 1996. Since then, the company has added several more Vacation Village resorts across the United States and has also developed other hotel and resort properties.
What Makes Vacation Village Unique?
One thing that sets Vacation Village apart from other timeshare resorts is its flexible points-based system. Instead of purchasing a specific week at a specific resort, owners can use their points to book stays at any of Vacation Village’s locations or exchange their points for stays at other affiliated resorts around the world.
Vacation Village also offers a wide range of amenities and activities at its resorts, including swimming pools, fitness centers, golf courses, and organized activities for children and families.
Other Brands Owned by The Berkley Group
In addition to Vacation Village, The Berkley Group owns several other hospitality brands:
- Palms: A luxury timeshare resort brand with locations in Florida and California.
- Bluegreen Resorts: A network of timeshare resorts across the United States.
- Diamond Resorts: A global timeshare and vacation ownership company with properties in the United States, Europe, and Asia.
The Bottom Line
If you’re considering purchasing a timeshare or planning a vacation at one of Vacation Village’s resorts, it’s important to know who owns the company. The Berkley Group is a reputable hospitality and real estate development company with decades of experience in the industry. Its flexible points-based system and wide range of amenities make Vacation Village a popular choice for many travelers.
10 Related Question Answers Found
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