Festiva Hospitality Group is announcing the recent acquisition of Celebration World Resort in Kissimmee, Fla. This acquisition comes in the wake of troubled times for the resort and its owners, and Festiva is committed to making much-needed improvements to the property itself along with the management operations so that the resort’s owners can enjoy the quality vacations they deserve.
“There was a 55% delinquency rate existing among the owners, along with several other cosmetic and operational challenges. Festiva has committed to fix those issues with financial contributions for renovations as well drastic operational changes and improvements,” said Don Clayton, chief executive officer and co-founder of Festiva Hospitality Group.
As part of the acquisition and overall improvements to the resort, Festiva has changed the name of the resort itself and its HOA to Festiva Orlando Resort. The new name represents the Festiva brand as well as the fantastic destination of the resort.