Please pardon the following content as it is a bit detailed! It must be conveyed in order to show how Sapphire Valley Resort evolved!
In the early 1990's, Brookstone Companies and Fairfield Communities entered into an agreement for Brookstone to manage all rental properties on the resort and by 1994, manage the entire resort. The Sapphire Valley Resort continued to mature with each residential area creating Property Owners Associations and working with a Master Associate for management.
On November 2, 2001, Cendant Corporation and Fairfield Communities announced that they have signed a definitive agreement for Cendant to acquire all of the outstanding common stock of Fairfield Communities.
Cendant Corporation also announced that Wyndham Worldwide Corporation, its wholly owned subsidiary and intended parent company of its Hospitality Services ( including Timeshare Resorts) would be spun off into a separate company. “The separation of Wyndham continues to be expected in the summer of 2006”.
On May 5, 2006 “Cendant Timeshare Resort Group, Inc., the parent company of Fairfield Resorts and Trendwest Resorts, today announced it has changed its name to Wyndham Vacation Ownership, Inc. The change occurs in anticipation of Cendant's planned spin-off later this year of its Hospitality Services division, which includes Cendant's industry leading timeshare resorts business. Upon the completion of the planned spin-off, Cendant's Hospitality Division will become Wyndham Worldwide.
During this period, several changes in management and control of the various resort properties occurred. SPM of Myrtle Beach assumed management of the Fox Hunt timeshare units. Shell Vacation Resorts invested in Fox Hunt, purchased 300 weeks and added Fox Hunt to their worldwide network.
The Fairway Forest area continues to be managed by Sapphire Management Company
Wyndham downsized and now manages only the Mountain Laurel timeshare units. Sapphire Valley Resort Amenities are owned by and managed by the Sapphire Valley Master Association. As previously mentioned, this Association represents the various individual Property Owners Associations.
During the summer of 2014 a 60th birthday party was held at the Sapphire Valley Resort Community Center. The very well attended event, free to all, included a special slide show of all the current images acquired by the Society at that time.
The Sapphire Valley Master Association began construction in early 2011 of their new management offices that will also serve as the new Red Bird Pro Shop.
The new building was opened during the ski season of 2011-2012.
The Resort continues to add value to amenities in the Valley. Here a a few recent updates:
Today, Sapphire Valley is a thriving resort with full time residents, 2nd home retirees and vacationers enjoying both new amenities, restaurants, and clubs as well as million year old mountains, waterfalls and hiking trails.
The images at the top of this page are those of the patches containing the Resort's logo at various times in her history.
Sapphire Valley Historical Society
64 East, Sapphire, North Carolina 28774, United States
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