Village Resorts Located at Walt Disney World, near the Downtown Disney Marketplace, the resort began in December 1971 with 27 town houses for lease primarily to corporations. Eventually, they became known as Vacation Villas and Treehouses, Fairway Villas, and Club Lake Villas were added over the next decade. By 1977 the focus had changed to overnight rentals to Walt Disney World guests. In 1996, the Village Resorts became part of The Disney Institute.
