Westgate Resorts Ranked Among Top 50 Private Companies by Florida Trend Magazine

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Jul 03, 2012, 06:30 ET

ORLANDO, Fla., July 3, 2012 /PRNewswire/ -- Westgate Resorts announced today that it is once again ranked among "Florida's Top 50 Private Companies" in Florida Trend's annual TopRank Florida 2012 lists, which appeared in the magazine's June 2012 issue. An Orlando-based resort developer that has evolved into the largest privately held corporation in the Central Florida area, Westgate Resorts ranked No. 31 in terms of revenue among all private companies in Florida. It is the third time in a row the company has been included in the TopRank Florida ranking.

"I'm extremely proud of the entire Westgate family for being recognized as one of the top companies in the state of Florida," commented David A. Siegel, Founder & CEO. "This award is a testament to the dedication of the thousands of outstanding team members who work tirelessly to provide exceptional five-star vacations and is confirmation that our business continues to grow and prosper."

Founded in 1982, Westgate Resorts employs more than 6,500 people throughout the United States. Starting with its original 16-unit resort at Westgate Vacation Villas just one mile from Walt Disney World Resort, Westgate Resorts now encompasses more than 10,000 guestrooms at 27 full-service resorts in premiere destinations throughout the United States such as Orlando, Florida; Las Vegas, Nevada; Gatlinburg, Tennessee; Myrtle Beach, South Carolina; Park City, Utah; Williamsburg, Virginia; Miami, Florida; Branson, Missouri; Mesa, Arizona; Tunica, Mississippi; and Daytona Beach, Florida.

"The company is more profitable now, on a margin basis, than at any time in our 30-year history," Siegel said. "I am pleased to report that we are on track for an even better year in 2012."

Westgate Resorts, known for providing affordable luxury vacations with first-class accommodations and unparalleled customer service, has established a level of expertise in resort sales, marketing and operations unmatched throughout the hospitality industry. In addition, Westgate Resorts operates the Westgate Resorts Foundation, which was started in 2001 and provides more than $1 million annually to charities and causes in communities where Westgate employees live and work. Westgate Resorts also has recently initiated the Hospitality Helps program, a unique partnership that helps Central Florida families transition out of homelessness.

About Westgate Resorts
The largest privately owned timeshare company in the world, Westgate Resorts features luxury resorts in premier travel destinations throughout the United States such as Orlando, Florida; Park City, Utah; Las Vegas, Nevada; Gatlinburg, Tennessee; Branson, Missouri; Myrtle Beach, South Carolina; Williamsburg, Virginia; Miami, Florida; Mesa, Arizona; and Tunica, Mississippi. Founded in 1982 by David A. Siegel, Westgate Resorts develops and operates uniquely themed destination resorts that include luxurious accommodations, destination health spas, water parks, restaurants and retail shopping outlets. For more information about Westgate Resorts, visit www.westgateresorts.com.