Bluegreen Expands Fee-Based Services Business in Northeast with The Breakers Resort

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Bluegreen timeshare resorts have expanded their fee-based services business with The Breakers Resort in Dennisport, MA.

It was our successful management of The Soundings Resort that has helped us to develop this new opportunity

Bluegreen Corporation (NYSE: BXG), a leading provider of Colorful Places to Live and Play, recently entered into agreements with its seventh fee-based services resort, The Breakers Resort, a 55-unit oceanside resort in Dennisport, Massachusetts. This waterfront resort features studios, one- and two-bedroom units, plus one-bedroom lofts. Bluegreen’s fee-based service offerings include resort operations management, sales and marketing and hotel management services.

“This expansion of our fee-based services business is a continuation of efforts that began in 2009,” says Bluegreen’s President and CEO, John Maloney. “It was our successful management of The Soundings Resort that has helped us to develop this new opportunity”

Bluegreen launched its fee-based services business in 2009 with the public announcement of turnkey relationships at resorts in Arizona, the Bahamas, Massachusetts, New Hampshire, Florida and Virginia. The addition of The Breakers Resort in Dennisport, MA further demonstrates Bluegreen’s leveraging of their unique expertise in resort management while conserving capital and available financing lines.

The Breakers Resort offers over 500 feet of private beach in Dennisport and is convenient to dining, shopping and popular Cape Cod activities and attractions. Accommodations and amenities offer guests an ideal beachfront, Cape Cod vacation with the familiar high-quality service for which Bluegreen Vacation Club timeshare resorts are known.

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Kimberly Wischnowski
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