If you’re considering joining a vacation club, one of the first things you’ll want to know is who actually owns the company. In the case of El Cid Vacation Club, it’s important to understand the history and ownership structure of this popular travel club.
The History of El Cid Vacation Club
El Cid Resorts was founded in 1972 by Julio Berdegue Sacristan, a Mexican entrepreneur who saw the potential for tourism in Mazatlan, Mexico. Over the years, El Cid Resorts expanded to include properties in other parts of Mexico, including Cancun and Cozumel.
In 1989, El Cid Resorts launched its vacation club program. This program allows members to purchase points that can be used to book stays at any of the company’s properties. Members also have access to discounts on airfare, car rentals, and other travel-related expenses.
Ownership Structure
Today, El Cid Resort is still owned and operated by the Berdegue family. The company is led by CEO Carlos Berdegue and President Ricardo Berdegue.
El Cid Vacation Club is a subsidiary of El Cid Resorts and is also owned by the Berdegue family. As a private company, El Cid does not disclose financial information or ownership details publicly.
What Does This Mean for Members?
For members of El Cid Vacation Club, knowing who owns the company can provide some peace of mind. The fact that it’s still owned by the same family that started it over 40 years ago suggests a level of stability and continuity that can be reassuring.
It’s also worth noting that El Cid has developed a reputation for being a reliable and customer-focused vacation club. With properties in some of Mexico’s most popular destinations and a range of membership benefits, El Cid has become a go-to choice for many travelers.
Conclusion
So, who owns El Cid Vacation Club? The answer is the Berdegue family, who also own and operate El Cid Resorts.
While the specifics of the ownership structure may not be publicly available, knowing that the company has been family-owned for over 40 years can provide some reassurance to potential members. With a solid reputation and a range of travel benefits available to members, El Cid Vacation Club is certainly a vacation club worth considering.
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