Bluegreen Vacations Corporation (BXG) Declares $0.15 Quarterly Dividend; 2.6% Yield

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Go back to Bluegreen Vacations Corporation (BXG) Declares $0.15 Quarterly Dividend; 2.6% Yield

Bluegreen Vacations Corporation (BXG) Reports Acquisition of The Eilan Hotel & Spa in San Antonio, Texas for Approx. $34.3M

April 18, 2018 9:04 AM EDT

Bluegreen Vacations Corporation (NYSE: BXG) today announced the acquisition of The Éilan Hotel and Spa in San Antonio, Texas for approximately $34.3 million.

This acquisition reflects our ability to identify attractive opportunities in key markets aligned with our western expansion initiatives, and is an important addition to our resort portfolio, said Shawn B. Pearson, CEO of Bluegreen Vacations. The Éilan Hotel and Spa property is consistent with our drive-to resort strategy with over ten percent of current Bluegreen Vacation Club owners living in Texas and its surrounding... More