Bluegreen Vacations Corporation Releases Update on Business Operations

Bluegreen Vacations Corporation recently provided an update on its business operations. As of June 15, 2020, 65 of the company’s 68 resorts were welcoming guests. They also expect average occupancies for June 1, 2020 through July 31, 2020 to be approximately 69% at all resorts and 65% at resorts with on-site sales offices.

“We are excited to be reopening our resorts to owners and guests and to start the process of recommencing our sales and marketing operations as cities around the country ease restrictions in connection with the COVID-19 pandemic,” said Alan B. Levan, Chairman, President and Chief Executive Officer of Bluegreen Vacations. Mr. Levan continued, “We have taken steps that we believe will enhance our safety and sanitation procedures for the benefit of our owners, guests and associates in the current environment. We are thankful for the continued support of our owners and associates and the heroic efforts of the first responders and healthcare professionals during these unprecedented times.”

As of June 15, 2020, the company has also commenced sales to Bluegreen Vacations’ existing owners at 20 of its 26 sales offices and has commenced sales to new customers at one sales office. The company currently anticipates it will commence sales to new owners at additional sales offices around July 1, 2020.

Bluegreen Vacations expects such reopening efforts for the remaining resorts and sales and marketing operations to continue over the next several weeks as more jurisdictions lift or ease these restrictions and allow businesses to return to operation, subject to complying with certain mandatory precautionary measures to address the pandemic.

For more details on Bluegreen’s anticipated resort reopening activities and on their enhanced safety and sanitation procedures, please visit their official site.