BNET Industries

Last Fiscal Year Sales:$300.0M
- Private
- US
Dow Jones Description
For more than 80 years, Boca Raton Resort & Club has celebrated its idyllic location and uniquely glamorous history. It was famed Palm Beach architect Addison Mizner who envisioned "the world's most architecturally beautiful playground," a dream that took form in 1926 with the opening of the Cloister Inn. A splendid building in the gracious Mediterranean style, the Cloister Inn acted as a residence for Mizner and his beloved pet monkey Johnnie Brown, as well as a haven for its illustrious roster of guests. Over decades, the Cloister Inn evolved into the Boca Raton Resort & Club, a quintessential Florida retreat that has played host to countless celebrities and public figures seeking a private enclave of luxury.
Chairman & CEO
H. Wayne HuizengaNumber of Employees 3,843
Contact Information
501 E Camino Real
Boca Raton, Florida 33432-6127
(561) 447-5300
Peer Companies
NAICS Code All Other Traveler Accommodation: 721199
News & Analysis
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boca resorts inc. - All News and Analysis
Blackstone Affiliate Acquires Boca Resorts; New Management Announced
BOCA RATON, Fla. -- On December 10, 2004, an affiliate of The Blackstone Group completed its acquisition of Boca Resorts, Inc. BRI. BRI is the owner of five distinctive destination resorts located in Florida, including the Boca Raton Resort & Club in Boca Raton; The Registry Resort & Club, Edgewater...
Blackstone Group adds Boca Resorts.(North America)(mergers)(Brief Article)
NEW YORK The Blackstone Group's affiliates struck again in October with the acquisition of niche player Boca Resorts. The definitive merger agreement calls for a Blackstone affiliate to acquire the Boca Raton, Florida-based owner/operator of five luxury Florida resorts for US$24 per share. The deal, valued...
Boca Resorts
Boca Resorts owner H. Wayne Huizenga agreed to sell the resort chain to New York-based private investment firm Blackstone Group for $1.25 billion. The deal, pending shareholder approval, is scheduled to close later this year. Huizenga controls 98 percent of Boca Resorts' voting shares. The company owns the Boca Raton...
Boca Resorts signed a definitive agreement to be acquired by an affiliate of The Blackstone Group for $24 per share
* Boca Resorts signed a definitive agreement to be acquired by an affiliate of The Blackstone Group for $24 per share. The total value of the transaction is about $1.25 billion. The transaction is expected to close by the end of the year or early in 2005. Boca Resorts owns...
Boca Resorts owner says sale to help shareholders.
By Paul Owers, The Palm Beach Post, Fla. Knight Ridder/Tribune Business News Oct. 22--Billionaire H. Wayne Huizenga said Thursday that selling his Boca Resorts Inc. for $1.25 billion was "the right thing to do" for investors. "Don't get me wrong:...
CEO sells Boca Resorts for $1.25 billion.
By Ian Katz, South Florida Sun-Sentinel Knight Ridder/Tribune Business News Oct. 21--H. Wayne Huizenga sold Boca Resorts Inc., whose properties include Boca Raton Hotel & Club, Hyatt Pier 66 and the Radisson Bahia Mar, to a New York-based private investment group Wednesday...
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SUSAN LISOVICZ, CNNfn ANCHOR, MARKET CALL: Earnings keep rolling in. We`ll take a look at the numbers and tell you why some company`s legal woes are weighing heavily on their profits. Winning the lottery. Residents of one town hope to win the flu vaccine ...
Florida's Boca Resorts Reports Lower Profits; Fewer Bookings Hurt Quarter.
By Tom Stieghorst, South Florida Sun-Sentinel Knight Ridder/Tribune Business News Nov. 6--Boca Resorts Inc. said it booked fewer meetings at its flagship Boca Raton Resort & Club this summer, leading to a wider loss for the fiscal first quarter ended Sept. 30....
(www.pinnacle-resources.net) Issues Technical & Quantitative Stock Alert for NORSTAN & Boca Resorts.
M2 PRESSWIRE-15 September 2003-Pinnacle Resources LP: (www.pinnacle-resources.net) Issues Technical & Quantitative Stock Alert for NORSTAN & Boca ResortsC1994-2003 M2 COMMUNICATIONS LTD RDATE:09152003 Pinnacle Resources LP Reports Its Technical & Quantitative Model Results for Today. The following stocks are...
Boca Resorts, Inc.(RST) - Quantitative Valuation Report.
M2 PRESSWIRE-20 February 2003-Research and Markets: Boca Resorts, Inc.RST - Quantitative Valuation ReportC1994-2003 M2 COMMUNICATIONS LTD RDATE:02192003 Company Name - Boca Resorts, Inc. Now you, as an individual investor or investment professional, can have access to the same...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| Stephen Aft | President & Coo |
| Alex Muxo | Senior Vice President, Real Estate Development |
| Teri Borowski | Director, HR |
| Victoria Jones | Director, Marketing |
| Lynn Wilson | Representative |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| H. Wayne Huizenga | Chairman & CEO |
| Organization | Position | Status |
|---|---|---|
| Boca Resorts, Inc. | Chairman & CEO | Current |
| Organization | Position | Status |
|---|---|---|
| Boca Resorts, Inc. | President & Coo | Current |
| Organization | Position | Status |
|---|---|---|
| Boca Resorts, Inc. | Senior Vice President, Real Estate Development | Current |
| Organization | Position | Status |
|---|---|---|
| Boca Resorts, Inc. | Director, HR | Current |
| Organization | Position | Status |
|---|---|---|
| Boca Resorts, Inc. | Director, Marketing | Current |
- Owner's Representative, Boca Resorts, Inc., Boca Raton, Florida, which included the Boca Resort & Club's new 1,300 parking garage, restaurants, bar & retail, 40,000 sf spa and the Bahia Mar Mega-Yacht Marina and Bahia Mar master Plan. - Owner's Representative, Olympus Hospitality Investments, Inc., Scottsdale, Arizona, which included the Warwick Hotel (Houston, TX) rehabilitation, Rosario Resort (Orcas Island, WA) renovations, Park Plaza Hotel (Dubai, Dusseldorf and Cairo) franchiser representation and due diligence responsibilities throughout the U.S., Europe, and the Middle East. - Principal, Development Management Services, Inc., Miami, Florida, including acting as primary consultant to governmental entities, master planning, design, project & construction management, governmental approvals, of various projects for Eisenhower Foundation & Republic of Turkey, the Master Plan for the Panama Canal (ARI & ACP), Miami-Dade County Division of Parks & Recreation, Spillis-Candela & Partners, Sandy Lane Hotel (Barbados) redevelopment plan, and redevelopment plans for Club Med Sandpiper (Florida), and Club Med Punta Cana (Dominican Republic) and for Club Corporation of Asia for destination Golf and Beach Resorts in Malaysia, Singapore, Jakarta, Bangkok, Guanzchou, and Toyko. - Director of Development, Desaru International Resorts, Singapore, including master and business plan for a planned $1.6 billion, 17 kilometer beach front, mixed-use golf, hotel, condo, retail entertainment complex, and self-sustaining support community of 14,000 employees. - Director of Development, Lynn Wilson Associates, Miami, Florida and Paris, France, including renovations for Disney Mediterranean Design (Orlando, FL), Disney Polynesian Hotel Renovation (Orlando, FL), Hyatt Airport Hotel (Orlando, FL), Canyon Ranch Spa (Lenox, MA), Port de Plaisance (St. Maarten, Netherlands Antilles), Xanadu Condominiums (Freeport, Bahamas) and Hemmeter Grand Lido Design (St. Maarten, Netherlands Antilles). - Owner's Representative, Biltmore Hotel, Coral Gables, Florida, a 285 room 17 story historic rehabilitation, including competitive turn-key development proposal, award, and negotiations, general partner's representative, master planning, programming, business plan, governmental liaison & approvals, media representative, architectural & interior design, construction management, purchasing, pre-opening, demolition, design and construction, purchasing, installation and opening in 14 months duration. - Principal, The Ehrenkrantz Group PC, Architects & Planners, Washington, DC, including turn-key development or master planning and design of One Church Street Office/Retail Complex (Nashville. TN), Germantown Historic Residential District (Nashville, TN), Big South Fork National River and Recreation Area National Park (Rugby, TN), Rugby Historic Community Redevelopment (Rugby, TN), Old Post Office Redevelopment (Washington, DC), Renwick Gallery of Art (Washington, DC), US General Services Administration (Washington, DC), White House Solar Energy program (Washington, DC) and Antiquities Restoration Riyadh & Darryah (Saudi Arabia).
| Organization | Position | Status |
|---|---|---|
| Development Management Services | Principal | Current |
| Boca Resorts, Inc. | Representative | Current |
| US General Services Administration | Former |
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