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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 $400 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; Myrtle Beach, South Carolina; 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 7,000 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.
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