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Through David A. Siegel's vision, persistence and resourcefulness,
Central Florida Investments, Inc. (CFI) has become the largest
privately held corporation in the Central Florida area with more
than $500 million in annual revenue. Mr. Siegel founded CFI in
1970 as a real estate development firm, starting from a small
office in his garage.
To date, his company employs more than 7,000 people and has expanded from Central Florida to Miami and Daytona Beach, Florida; Park City, Utah; Gatlinburg, Tennessee; Las Vegas, Nevada; Williamsburg, Virginia; Branson, Missouri; Tunica, Mississippi; and Mesa, Arizona. Mr. Siegel's most prosperous achievements are clearly in the timeshare industry.
Westgate Resorts has evolved into the third-largest timeshare
company in the world with net sales growing at an average of
20% annually over the last decade, far exceeding the industry
average. Approximately 8,000 villas are being developed by
Westgate Resorts in Central Florida alone. The United States
is the leader in vacation ownership with more than 1,200 resorts,
which represent over two million owners. |
