Bluegreen Corporation
Bluegreen Corporation (Bluegreen) is one of the leading providers of leisure products and services in the US. The company provides colorful places to live and play through its resorts and residential community businesses. The company operates through two reportable segments namely: Bluegreen Resorts and Bluegreen Communities. Bluegreen Resorts acquires, develops and distributes vacation ownership interests (VOIs) in its resorts via the Bluegreen Vacation Club. Its vacation products are sold at preview centers at all Bluegreen-owned resorts and at seven off-site locations. Bluegreen Communities specializes in acquiring real estate property that is marketed as home sites on rental basis. The company is headquartered at Boca Raton in Florida, the US.The company reported revenues of (U.S. Dollars) USD 602.04 million during the fiscal year ended 2008, a decrease of 12.94% from 2007. The operating profit of the company was USD 7.35 million during the fiscal year 2008, a decrease of 87.60% from 2007. The net loss of the company was USD 0.52 million during the fiscal year 2008, as against a net profit of USD 31.93 million during 2007.
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