The Walt Disney World Hospitality and Recreation Corporation, along with the Walt Disney World Company, Walt Disney Travel Company, Incorporated, and the Reedy Creek Improvement District, owns the land in the Walt Disney World Resort. These are all wholly owned subsidiaries of the Walt Disney Company.
Recreacres, Incorporated was incorporated in Delaware in or before 1968 to help buy up property for the Walt Disney World Resort, most of which had already been bought by Compass East Corporation, now Walt Disney World Company.
On January 19, 1971, Recreacres, Incorporated changed its name to Buena Vista Land Company, Incorporated.
On September 6, 1973, Buena Vista Land Company, Incorporated changed its name to Buena Vista Communities, Incorporated.
On June 22, 1998, Buena Vista Communities, Incorporated changed its name to Walt Disney World Hospitality and Recreation Corporation.
Harvest Groves, Incorporated was merged into the Walt Disney World Hospitality and Recreation Corporation on September 30, 1999. This company was named Fischer and Howard, Corporation (which was organized July 1, 1976 to consolidate several small farms in the area) until June 22, 1993; the renaming probably happened soon after the Walt Disney Company took control of it.
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Famous quotes containing the words walt, world, hospitality, recreation and/or corporation:
“I saw you, Walt Whitman, childless, lonely old grubber, poking
among the meats in the refrigerator and eyeing the grocery boys.”
—Allen Ginsberg (b. 1926)
“If all the rich men in the world divided up their money amongst themselves, there wouldn’t be enough to go round.”
—Christina Stead (1902–1983)
“He was one whose glory was an inner glory, one who placed culture above prosperity, fairness above profit, generosity above possessions, hospitality above comfort, courtesy above triumph, courage above safety, kindness above personal welfare, honor above success.”
—Sarah Patton Boyle, U.S. civil rights activist and author. The Desegregated Heart, part 1, ch. 1 (1962)
“Playing snooker gives you firm hands and helps to build up character. It is the ideal recreation for dedicated nuns.”
—Archbishop Luigi Barito (b. 1922)
“What I am anxious to do is to get the best bill possible with the least amount of friction.... I wish to avoid [splitting our party]. I shall do all in my power to retain the corporation tax as it is now and also force a reduction of the [tariff] schedules. It is only when all other efforts fail that I’ll resort to headlines and force the people into this fight.”
—William Howard Taft (1857–1930)