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; 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.
