BXG - Bluegreen Vacations: Climate Change And Urbanization Changing The Timeshare Business
We've all heard our grandmothers say these words: "Timeshare in Florida." This used to be the epitome of middle class success for folks living in the major industrial states on the east coast and the midwest. Since then, there have been a lot of market disruptions to companies like Bluegreen Vacations (BXG), with large emerging competitive threats from local and foreign players, economic recessions which caused consumer spending cuts and, recently, the emergence of home-sharing companies like Airbnb (AIRB) which allow for much greater flexibility in vacation or outing planning and