Bluegreen Vacations Acquires Stonewater Cove Resort and Club
November 15 2023 - 6:55AM
Business Wire
Bluegreen Vacations Holding Corporation (NYSE: BVH) (OTCQX:
BVHBB) (“Bluegreen Vacations,” or the “Company”), announced that
Bluegreen/Big Cedar Vacations LLC, a joint venture between the
Company and Bass Pro Shops, has acquired the Stonewater Cove Resort
and Club, a wilderness retreat located in Stone County,
Missouri.
Located on 470 acres within the Mark Twain National Forest in
the Ozark Mountains, Stonewater Cove is a picturesque destination
surrounded by pristine forests, overlooking Table Rock Lake. The
resort currently features 38 lakeside cottages, a club house with
restaurant, pool and hot tub, boat dock, miniature golf course,
ziplines, hiking trails, and other outdoor amenities.
"We are thrilled to expand our presence in the Ozark Mountains
with the acquisition of Stonewater Cove Resort. This new addition
underscores our commitment to offering our valued owners a diverse
range of vacation experiences in some of the most coveted
destinations in the country," said Ray Lopez, Chief Operating
Officer and Chief Financial Officer of Bluegreen Vacations.
This marks the second acquisition by the Bluegreen/Big Cedar
Vacations LLC in 2023, joining the Branson Cedars Resort located in
Ridgedale, Missouri which was acquired in April. In addition to
Stonewater Cove and Branson Cedars, Bluegreen/Big Cedar Vacations
LLC also operates The Cliffs at Long Creek and Wilderness Club at
Big Cedars resorts in Ridgedale and Paradise Point in Hollister,
Missouri.
According to Mr. Lopez, "The acquisition of Stonewater Cove
demonstrates the vision of our joint venture with Bass Pro Shops.
We have seen a persistent and strong demand for leisure travel, and
our strategy is to meet this demand by enhancing our vacation
ownership offerings. Stonewater Cove Resort aligns with this
vision, providing a unique and luxurious escape for our
owners."
About Bluegreen
Vacations:
Bluegreen Vacations Holding Corporation (NYSE: BVH; OTCQX:
BVHBB) is a leading vacation ownership company that markets and
sells vacation ownership interests and manages resorts in popular
leisure and urban destinations. The Bluegreen Vacation Club is a
flexible, points-based, deeded vacation ownership plan with 73 Club
and Club Associate Resorts and access to nearly 11,600 other hotels
and resorts through partnerships and exchange networks.
This press release contains forward-looking statements. All
opinions, forecasts, projections, future plans, and other
statements, other than statements of historical fact, are
forward-looking statements. Forward-looking statements involve
risks, uncertainties, and other factors, many of which are beyond
our control, that may cause actual results or performance to differ
from those set forth or implied in the forward-looking statements.
These risks and uncertainties include, without limitation, the risk
that construction plans and anticipated amenities will not be
constructed as or at the time indicated; the risk that resort
availability and inclusion in the Bluegreen Vacation Club may be
delayed, is not guaranteed, and is subject to meeting all
applicable licensing, registration and governmental requirements;
and the additional risks and uncertainties described in the
Company's filings with the SEC, including, without limitation, the
Company’s Annual Report on Form 10-K for the year ended December
31, 2022 (including the “Risk Factors” section thereof). The
Company cautions that the foregoing factors are not exclusive.
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version on businesswire.com: https://www.businesswire.com/news/home/20231115616086/en/
Bluegreen Vacations Holding Corporation
Contact Info Investor Relations: Sharon Stennett
Telephone: 954-399-7193 Email: ir@bvhcorp.com Bluegreen Vacations Contact Info: Media and
Public Relations: Marcia McLaughlin, Director Brand & Owner
Marketing Telephone: 561-912-8115 Email:
Marcia.Mclaughlin@bluegreenvacations.com
Bluegreen Vacations (NYSE:BVH)
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