BRIEF-Bluegreen Vacations Provides Update On Business Operations

June 22 (Reuters) - Bluegreen Vacations Corporation :
   * BLUEGREEN VACATIONS CORPORATION PROVIDES UPDATE ON BUSINESS OPERATIONS
   * BLUEGREEN VACATIONS - CURRENTLY ANTICIPATES WILL HAVE REOPENED AT LEAST 70 BASS PRO AND CABELA'S LOCATIONS BY JULY 31 AND REMAINING DURING Q3 OF 2020
   * BLUEGREEN VACATIONS - EXPECTS AVERAGE OCCUPANCIES FOR JUNE 1 THROUGH JULY 31, BE ABOUT 69% AT ALL RESORTS,65% AT RESORTS WITH ON-SITE SALES OFFICES
   * BLUEGREEN VACATIONS CORP - AS OF JUNE 15, CO HAD COMMENCED SALES TO BLUEGREEN VACATIONS' EXISTING OWNERS AT 20 OF ITS 26 SALES OFFICES
   * BLUEGREEN VACATIONS CORP - EXPECTS REOPENING EFFORTS FOR REMAINING RESORTS & SALES & MARKETING OPERATIONS TO CONTINUE OVER NEXT SEVERAL WEEKS
   * BLUEGREEN VACATIONS CORP - AS OF MAY 31, 2020, CO HAD $246 MILLION OF UNRESTRICTED CASH & ONLY $21 MILLION OF DEBT MATURITIES DUE THRU MARCH 31, 2021

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