The Rise Of Welks Resorts

Decent Essays
On August 27, 2015, Welks Resorts proudly announced its increased revenue across all five resorts, which was $147 million in 2014 with a projected $190 million for 2015, as well as its future projects, such as to expand its resorts into Hawaii. One of the factors that contributed to their substantial growth is the large number of new owners the sales team has obtained this year. Like President and Chief Executive Officer, Jon Fredrick says “[Even though] we are at a time timeshares have become more competitive, with new companies entering the market and fewer travelers looking to buy” the company’s sales team was able to gather successfully approximately 4,700 new owners in the first half of 2015, more than 40% of the total new owners they gathered 2014. …show more content…
and Mexico, high level employee training, successful teamwork, and friendly service provided to their clients in their resorts. Welks resorts currently has more than 1,100 luxury vacation units, villas and hotel rooms and continues growing by expanding current properties. One out of the six recent developments include the Welk Resorts San Diego completed development of three new buildings in the Mountain Villas segment as well as a multi-million dollar fitness center expansion still in

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