A corporation is created under the laws of a state as a separate legal entity that has privileges and liabilities that are distinct from those of its members. There are many different forms of corporations, most of which are used to conduct business. Early corporations were established by charter...
of vacation resorts found in many parts of the world, usually in exotic locations. It is considered the original all-inclusive resort
An all-inclusive resort is a holiday resort that includes a minimum of three meals daily, soft drinks, most alcoholic drinks, gratuities and possibly other services in the price. Many also offer sports and other activities included in the price as well. They are often located in warmer regions...
The Club was started in 1950 by former Belgian water polo champion, Gérard Blitz
Gérard Blitz (entrepreneur)
Gérard Blitz was a Belgian water polo player and Yogi.Born in Antwerp, he was the son of Maurice Blitz and nephew of Gérard Blitz, both members of the Belgian water polo national team who won Olympic medals....
. The first village opened on the Spanish island of Mallorca
Majorca or Mallorca is an island located in the Mediterranean Sea, one of the Balearic Islands.The capital of the island, Palma, is also the capital of the autonomous community of the Balearic Islands. The Cabrera Archipelago is administratively grouped with Majorca...
. The original villages were simple with members staying in unlit straw huts on a beachfront, sharing communal washing facilities.