Staff Writer - The Timeshare Beat
July 10, 2000
Sovereign Resorts, Inc. has quietly begun sales at the Crowne Plaza Resort Orlando on International Drive. Units
are being sold under the name of Kingstown Reef at the Crowne Plaza Resort and are being offered under a Crowne
Plaza Resort franchise agreement.
The bulk of the sales force is comprised of former Embassy Grand Beach top performers recruited by Mike Testa,
Director of Sales at Kingstown Reef. Sales are reported to be going well.
The project is headed by Sovereign Resorts, Inc. President Robert A. Stanislaw and CEO David Yarvi. Stanislaw
has 18 years of financial and land development experience while Yarvi is a real estate and timeshare industry veteran
of 28 years.
The casual but elegant 38-acre Key West style resort, an RCI Gold Crown Resort located on the south end of Orlando’s
International Drive, was initially built as a timeshare product. It has been operating since February 1999 as an
award-winning hotel franchise with Bass Hotels and Resorts, which owns the Crowne Plaza brand. Phase I sales will
consist of 56 two-bedroom, 16 one-bedroom and four three-bedroom units.
The resort features a uniquely designed clubhouse, restaurant and banquet facility, three free-form swimming pools,
cabana bar and grill, spas and tennis courts. Future development will add a 240-suite hotel with a 10,000 sf conference
center. Also planned are 300 new timeshare units with lakeside amenities.
On site amenities at the resort include: Auto Rental; Boating; Child Care; Children's Pool; Conference Facilities;
Exercise Equipment; Fireplace; Fishing; Games Room; Handicapped Unit; Lake; Laundry; Lift/Elevator; Restaurant;
Snack Bar; Spa; Swimming Pool; Telephone; Tennis; Whirlpool/Hot Tub.
Nearby amenities, beside the many theme parks, include: Golf; Grocery Store; Horseback Riding; Live Entertainment;
Medical Facilities; Racquetball; Shopping Area; Squash; Water Skiing; Wind Surfing