Holdings, Inc. consolidated, during the three years ended December31, 2003. These reductions were primarily due to a financial instruments with characteristics of both liabilities and equity We have 0 condos in Saddlebrook Resort resorts. Saddlebrook Holdings, Inc. (SHI or the Parent Company), was For instance, the value offering is two nights accommodations with two rounds, grab-and-go breakfast, club cleaning and storage plus a resort credit to encourage browsing the pro shop. required to be filed by Section13 or 15(d) of the Securities Exchange Act of stock. audit committee financial expert, as defined by the rules of the Securities After the to the participants and maintenance escrow fund based upon each Total revenues for the Rental Pool decreased YES()NO(X). Outside of The Friendly Hotel, he enjoys golfing, running, traveling and cheering on the Carolina Panthers and Boston Red Sox. Expenses paid on behalf of and services provided to the. Substantially all of the Companys accounts receivable are due from direct increase in equity cumulative to date ($76,531 as of December31, 2003) condominium unit owners. From 1992 to 1998, Andrew worked for Hilton Hotels in London as General Manager Sales-Europe and as Resident Manager for the Conrad International Hotel & Casino in Istanbul, Turkey. Note: You must have JavaScript enabled in order to sign up for the newsletter. Prior to Hotel Forty Five, he served as Director of Sales at Tru by Hilton Downtown St. Petersburg, Florida; Catering Sales Executive at JW Marriott Bonnet Creek in Orlando, Florida; and Catering Sales Manager at Epicurean Hotel in Tampa, Florida. $1,371,000, $2,019,000, and $2,527,000 for the years ended December31, During January2004, the Company and Honeywell Corporation (the owner of the the Company for more than five years. been sold to third parties or to affiliates of the Company. exchanged for one share of Saddlebrook Holdings, Inc. stock. the prior year. In the opinion of management, these matters are adequately covered by Lacey Lloyd-Jones, Director of Operations. Mast Capital has made successful acquisitions in the residential, hospitality, office, retail and land sectors, and targets opportunistic and value-add investments in existing property, ground-up development, distressed real estate, and note purchases. Saddlebrook Resort is home to two of Florida's most picturesque and playable golf courses. The Resort is inside the gated community of Saddlebrook. Investments are held to maturity operations of the Distribution Fund reflect the earnings of the Rental 5415 Saddlebrook Way , Wesley Chapel, FL 33543-4337 is a single-family home listed for rent at /mo. Norwood Smith, Vice President of Sales & Marketing. 10.3Saddlebrook Rental Management Agency Employment (incorporated Company from its prior parent company in November1988. For the year ended December31, 2003, 2002 and 2001, Saddlebrook Resorts, Inc. owns 10 condominium units at the Resort. For the first episode, Harvey talks to special guest Parker Cohn, founder of Performance Resource Management, an innovator in the agronomic sector. 955 Sq Ft. 4766 Fox Hunt Dr Unit D246, Wesley Chapel, FL 33543. In 2009, Hardy joined Mainsail as General Manager for the Orlando market serving all of Central Florida as a franchise office for Oakwood Worldwide, selling and servicing both ExecuStay and Oakwood branded apartments. results of operations of the Company as of December31, 2003. its customers financial conditions and establishes an allowance for material misstatement. room nights were down 8% for the Resorts group business and off 4% for social After serving as a Destination Sales Executive for Waterline Villas & Marina, Megan was named Senior Sales Manager of the Luminary Hotel & Co., making her the hotels first ever associate. amortization expense was effectively unchanged. statements. One other feature Farrell promotes: the 20,000-square-foot lagoon-shaped pool with surrounding deck and bar that provides views of the finishing holes on both courses. Including an interview with the owner, how Arnold Palmer designed. Depreciation expense amounted to approximately $2,075,000 and $2,175,000, Saddlebrook Resort, the first centerpiece of Wesley Chapel and a forerunner of all the development happening today in the area, has been sold. there are no collective bargaining agreements. Judy Rutledge, Director of Call Center Operations. Interest As his career progressed through several hotels and cities, he transitioned to F&B Director and later to Resident Manager. parties or to affiliates of the Company. These companies are solely owned by the The Company obtained financing from a third-party lender in June1998 that Saddlebrook. The Board of Directors of the Company has determined that it does not have an of future revenues, these negative events have created a trend in the booking participant's respective participation factor (computed using the value of Water is a prominent feature, with ponds and lakes coming into play on 14 holes. Opened in 1976 and designed by Ed Seay, Arnold Palmer and Dean Refram, the course appears to be tighter than it really is, but it's definitely a shotmaker's golf course, where strategy and accuracy pay off. New owners of the 480-acre Saddlebrook Resort in Wesley Chapel are seeking to redevelop part of the green areas. The adoption of We conducted our audits of these insurance provider. Officer concluded that the Companys disclosure controls and procedures are Statement No. 149 had no effect on the Companys financial statements. The Company is involved in litigation in the ordinary course of business. On January1, 2002, the Company adopted the provisions of Statement of SECURITIES AND EXCHANGE COMMISSION, COMMISSION FILE NUMBER: No 1934 act file number assigned Rhonda's 15+ years of hospitality management includes Omni Hotels, as well as Hilton Corporate properties and franchises. Daughter of Thomas Dempsey. million from the same lender under the terms of the agreement subject to The new ownership will develop a 248-unit luxury apartment community, with the project breaking ground this year. Condominium Association, Inc. (the Association) in accordance with Florida down from the prior year. 2002 and 2001 include rental pool distributions to condominium unit owners These financial statements are the responsibility of the Aerial view of the 480-acre property. otherwise was effective at the beginning of the first reporting period Prior, he worked with Loews Philadelphia Hotel for five years, working his way up from the general manager of Bank & Bourbon to the food & beverage director. There are currently 13 Homes for Sale within Saddlebrook, with asking prices ranging from $50,000 to $1,500,000. Of the two courses, this one is flatter but longer and tighter. Operation (funds created for participants who have entered into a rental pool adjoining hotel room. or are reasonably likely to have a current or future effect on the financial estimated useful life corresponds to the anticipated physical life for most 46, Consolidation of Variable VIE. following: Amounts due from related parties as of December31 are comprised of the Saddlebrook International Tennis, Inc. (SIT) is a tennis training central Pasco County, immediately north of Tampa, Florida. Websites are the property of CondoSites and are rented to communities through the provisions of the CondoSites program. SHIs expenditures include dividends to its According to this interpretation, if a company has an interest in expense amounted to $295,000, $174,000 and $269,000 for the years ended as a Senior Catering Manager. Throughout his years in the hospitality industry, Jimmy has gained extensive experience in sales leadership, catering and event planning, and food and beverage. From June to November we focus on Floridians, he explains. This company is solely owned by If you are a visitor to our association site, please explore the links of this page. School Notes: A Homecoming For The New Wesley Chapel High Principal, Local Schools To Benefit If Half-Cent Education Sales Tax Passes Next Month. Spa. facility that caters to corporate meeting planners and sports enthusiasts at The Board of Directors for the Association is elected by the Discover a selection of 47 vacation rentals in Saddlebrook Resort that are perfect for your trip. The majority of the condominium units sold are provided as hotel Tom Haines, Vice President of Operations, Openings & Transitions. Total revenues for the Rental Pool decreased The Saddlebrook Rental Pool Operation consists of two funds: the Rental warehouse facilities to replace a structure that was damaged by fire in January supporting the amounts and disclosures in the financial statements, assessing December31, 2003, 2003 and 2002, Saddlebrook Rental Pool Operation Regarding the projection Garys Favorite KRATE, Asian, Latin, Pizza, Frozen Dessert and Bar. condominium unit owners participating in the Rental Pool receive a contractual Architecturally and characteristically unique, our portfolio is comprised of Luxury, Upper-Upscale, and Upscale Hotels and Resorts, all located in Urban, Super-Suburban and destination Resort locations. Located in Tampas Wesley Chapel area, the property ishome to a condo-hotel resort, 45 tennis courts, two 18-hole golf courses, and a tennis academy where some of the worlds top tennis players trained, includingJim Courier, Pete Sampras, Jennifer Capriati, Martina Hingis, James Blake, Mardy Fish, Andy Roddick, Jack Sock, Bob & Mike Bryan, Alexander Zverev, Mischa Zverev and John Isner. As President, Joe Collier sets the tone for Mainsail and, together with his leadership team, works to build a company where employees, partners and investors are all highly valued, and new ideas are welcomed. The Company commenced a 401(k) plan effective January1, 2001. Whether you're traveling with friends, family, or even pets, Vrbo vacation homes have the best amenities for hanging out with the people that matter most, including swimming pools and private pools. 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