Fact Sheet

About the Property

Lake Buena Vista Resort Village & Spa (LBVRV&S) is a wholly owned Florida condo-hotel development offering all the features of a premier Orlando resort: prime location, attractive amenity package and a professional resort management team.

The “village” concept makes LBVRV&S unique among Central Florida’s condo hotel resorts, combining upscale living accommodations with fine and casual dining, a luxury spa, state-of-the-art fitness center, zero-entry tropical-themed pool and designer outlet mall shopping.

Location

Lake Buena Vista Resort Village & Spa is located two miles south of the Interstate 4 Lake Buena Vista Exit #68 on State Road 535 (S. Apopka Vineland Road) and the Central Florida Greenway (417) and:

• 1 mile from Walt Disney World
• 4.5 miles from SeaWorld Orlando
• 5 miles from the Orange County Convention Center
• 8 miles from Universal Orlando Resort
• 18 miles from Orlando International Airport
• Within 12 minutes to 30 different golf courses

Accommodations

LBVRV&S currently includes five buildings with 496 two-, three- and four-bedroom condo units ranging in size from 1,080 to 2,170 square feet. Each unit is furnished in tropical décor and features granite counters, a fully-equipped kitchen, wood cabinetry, plasma TVs, a whirlpool spa, private terrace/balcony and a washer/dryer. A limited number of upgraded units include accommodations for in-room spa services.

Amenities

• 9,000-square-foot Reflections Spa-Salon
• 5,000-square-foot Frankie Farrell’s Irish Pub & Grille
• One of the first Pizza Hut Café Express locations in Florida
• 25,000-square-foot Pirate’s Plunge Aquatic Center
• State-of-the-art fitness center
• Children’s play area
• Jogging path
• Convenience store and gift shop
• 2 tennis courts (planned)
• Adjacent to a 50-store designer outlet mall

Rental Program

Unit owners have the option of placing their condo in the resort’s rental and management program and receiving two-thirds of any rental income. An estimated 300,000 renters visit the resort each year.

Resort management provides security; reservations, marketing, check-in and check-out services; housekeeping and maintenance; financial duties on behalf of unit owners; collection and distribution of Home Owners Association expenses and maintenance of common areas such as the pools, fitness center and grounds.  In addition, developer leasebacks are available for newly purchased units.

Management

The LBVRV&S leadership team brings a combined 100 years of development and management experience to the resort property.

The construction contractor is Welbro Building Corporation, a dominant force in the hotel/hospitality market with a portfolio of more than 35,000 rooms.

The on-site rental management company is Sky Resort Management, an industry leader with more than 70 combined years of experience in hotel, resort and condominium hotel management.

The Condo-Hotel Concept

BusinessWeek calls condo-hotels “the latest trend to hit the hospitality industry.” CNN/Money refers to them as “the development du jour.” Adds Dante Alexander, president of the National Association of Condo Hotel Owners, “The condo hotel concept … has exploded in the past three years and dominates the industry today because it has tangible advantages both for the consumer and the real estate developer.”

The National Association of Condo Hotel Owners defines a condo-hotel as “a fee-simple purchase of a deeded condominium unit/guestroom. When not occupying the room, the owner may make the condo hotel unit available to guests at the hotel through a rental management or leaseback program. Any room revenue generated through the program is shared between the unit owner and the developer/managing partner.”

Contact Information

Lake Buena Vista Resort Village & Spa
15657 Apopka Vineland Rd.
Orlando, FL 32821
(407) 509-5668
www.LBVResortVillage.com

For Hotel Reservations:
Phone: (407) 597-0214 or (866) 401-2699
www.lbvorlandoresort.com

News Media Contacts:
Larry Cohen
(407) 238-9301
lcgap1@aol.com

Carolyn Reis, APR
(407) 650-1888
carolynreis@cfl.rr.com

Updated December 10, 2008