Welcome to our dedicated page for Bluegreen Vacations Holding Corporation news (Ticker: BVHBB), a resource for investors and traders seeking the latest updates and insights on Bluegreen Vacations Holding Corporation stock.
Bluegreen Vacations Holding Corporation (BVHBB) is a company primarily involved in managing, marketing, and selling the Bluegreen Vacation Club, a points-based vacation ownership plan. With over 180,000 owners and access to more than 4,000 resorts worldwide, Bluegreen offers a flexible vacation experience through its owned or managed resorts.
As a wholly-owned subsidiary of BBX Capital and BFC Financial Corporation, Bluegreen continues to expand its presence in the vacation ownership industry, providing unique vacation experiences for its growing customer base. The company's strategic partnerships and investments in real estate, timeshare, and other sectors demonstrate its commitment to growth and innovation in the hospitality industry.
Bluegreen Vacations Holding Corporation (NYSE: BVH; OTCQX: BVHBB) announced its upcoming release of financial results for the first quarter of 2023 on May 4, 2023, prior to market opening. The company is a prominent player in the vacation ownership sector, offering marketing and management of vacation ownership interests across numerous destinations. The Bluegreen Vacation Club provides a flexible, points-based ownership plan, with access to 69 Club and Club Associate Resorts and nearly 11,400 hotels and resorts through various partnerships. This press release serves as a notice for investors to expect detailed financial metrics soon, which may include earnings and revenue figures critical for assessing the company's performance.
Bluegreen Vacations Holding Corporation (NYSE: BVH; OTCQX: BVHBB) announced the acquisition of Branson Cedars Resort in Ridgedale, Missouri, through its joint venture with Bass Pro Shops. The property spans approximately 80 acres and features tiny home cottages, cabins, and treehouses, alongside amenities such as swimming pools and a restaurant. Renovation plans for these accommodations and the development of additional vacation ownership units are in the works. This acquisition is part of Bluegreen's strategy to expand its footprint in the Branson/Ridgedale area, now totaling five resorts. The company has recently added several resorts to its portfolio, enhancing its offerings for owners and guests seeking outdoor experiences.
Bluegreen Vacations Holding Corporation (NYSE: BVH) (OTCQX: BVHBB) announced its financial results for the quarter and year ending December 31, 2022. Net income from continuing operations fell 37% to $7.6 million, while total revenue increased 17% to $238 million in Q4 2022. For the full year, net income rose 11% to $64.4 million, and total revenue surged 21% to $919.4 million. Diluted EPS dropped 30% to $0.41 in Q4 but increased 16% annually to $3.24. System-wide sales of vacation ownership interests (VOIs) increased 12% to $186.5 million in Q4 2022. The company also completed a $76 million share buyback, enhancing shareholder value.
Bluegreen Vacations Holding Corporation (NYSE: BVH; OTCQX: BVHBB) announced plans to release its fourth quarter and full year financial results for the period ended December 31, 2022. The press release will be issued before the market opens on March 13, 2023. The company, a leader in vacation ownership, markets and sells vacation interests while managing resorts in prime locations. With a flexible, points-based ownership plan, Bluegreen offers access to over 11,300 resorts through partnerships. The upcoming financial results are anticipated by investors for insights into the company's performance.
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