CFI has become the largest privately-owned corporation in the Central Florida area. Founded in as a real estate development firm, CFI now operates dozens of other businesses in addition to Westgate Resorts including: hotels, restaurant, retail, destination spas, insurance, magazines, real estate, travel services, and internet companies.
From a tiny orange grove and the dream of a man working out of his garage, Westgate Resorts and its parent company, Central Florida Investments CFI , have grown into the largest privately-owned timeshare company in the world , employing over 10, around the United States. We will contact you as needed to complete your request. This website uses cookies to improve your digital experience. By continuing your browsing, you agree to the use of cookies. To learn more, please view our privacy policy.
Please select a resort. Please select a check-in and check-out date. Check-In Date. Check-Out Date. Siegel may now be better known for his family's role in the documentary film "The Queen of Versailles" - a reality show-styled movie featuring Siegel, his wife Jackie and their family as they oversee construction of their 90, square foot dream home, Versailles, during the height of the recession.
Still unfinished, the home is scheduled for completion in early However - Siegel's business dealings go back to the s when he first opened electronics retail shops in Ft.
He would eventually transition into real estate before moving into resort development - and the timeshare industry. Siegel started a company called Central Florida Investments, Inc. CFI in , which began as a real estate development firm but would become the launching pad for numerous businesses - reaching into resort development, restaurants and spas but also diversifying into citrus, retail, insurance, publications and internet companies.
Working initially from the family garage, Siegel's first tourism project was the creation of the Mystery Fun House in Orlando. The venture was so successful that he would first become a millionaire just from this business. He heard about the concept of timeshare and bought a tract of land in an orange grove about a mile from the west gate of the Disney World theme park.
He began selling timeshare ownership from a trailer on the site - even before the first building was constructed - and eventually established Westgate Vacation Villas on the site in In , Florida Magazine wrote a story predicting that Westgate Resorts would become the world's largest timeshare resort, with Vacation Industry Review calling Westgate an "Orlando Success Story" in a article. Closer to home, the company began a 3,unit tower expansion project at Westgate Vacation Villas, with the new Westgate Town Center opening in close proximity to Disney World.
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