Oceania Family of Resorts Names New Vice President
March 31, 2008 | Leave a Comment
Oceania Family of Resorts, Myrtle Beachs newest vacation ownership sales and marketing company, has named Randy Reeves to the position of Vice President of Sales and Marketing.
Joining the company in late 2007 as a consultant, Reeves brings a strong track record in resort vacation ownership sales and a fresh insight into mixed-use resort properties. In the short time Randy has been with us,” said President Jason Shroff, he has already overseen a 50% increase in total intervals sold. We feel his experience and philosophy are the perfect fit for us at this stage of our growth.”
Reeves previously was Project Director/Sales Manager for The Berkley Group in Williamsburg, VA; Epic Resorts in Hilton Head, SC and Clublife Resorts in Destin, FL.
The Myrtle Beach location is our strongest selling point,” said Reeves. Exchange values increase in proportion to the strength of the ownership intervals location and available amenities and Myrtle Beach offers the best of those on the East Coast!”
Myrtle Beach is easily accessible by car to two-thirds of the U.S. population. To capitalize on this huge potential, Oceania is pioneering the mixed-use concept in several popular oceanfront resorts in the Myrtle Beach market as well as several planned developments.
Mixed use is good for developers,” said Reeves. It allows them to offer valuable product to multiple segments of the buying public. Fortunately, somebody who can afford only a guaranteed two-weeks is going to be just as happy an owner as somebody who can purchase a whole ownership condo.”
Many oceanfront resorts in the Myrtle Beach market have embraced vacationer preference for staying in a condominium rather than a hotel room. Condos give people the room to have the whole family together as well as the convenience to prepare meals and do laundry,” said Reeves. They truly make for a more relaxed vacation experience.”
Prior to joining the industry, Reeves was Golf Professional at Houstons Texas National Country Club. The father of two and proud grandpa of four, he attended Indiana Tech University where he studied Recreation Management.
About Oceania Family of Resorts
Launched in April, 2007, Oceania is one of a network of companies started by Casey Shroff who is dedicated to the development and marketing of oceanfront resorts along the 60-mile stretch of South Carolinas Grand Strand which includes Myrtle Beach. The businesses include Shroff Development LLC specializing in property development; Shroff Management LLC specializing in on-site resort rental management; The Hoffman Group specializing in whole ownership oceanfront condominium sales and marketing; and Oceania Family of Resorts specializing in vacation ownership development and sales.
Diamond Resorts International® Hires Industry Veteran to position of Executive Vice President, Chief Information Officer
March 31, 2008 | Leave a Comment
Las Vegas, Nev - March 30, 2008 — Diamond Resorts International® (DRI), a global leader in the vacation ownership industry, has appointed Brian P. Garavuso, CHTP as Executive Vice President, Chief Information Officer, responsible for the global leadership of the information technology department providing strategic development and operational guidance and implementation in alignment with DRI’s business objectives. Garavuso joins a team of seasoned professionals working globally toward a unified and innovative technology and communications platform.
Garavuso’s experience in the vacation ownership and the hospitality industry spans almost 30 years with engagements at Marquis Hotels and Resorts, South Seas Resorts, Meristar Hotels and Resorts and Interstate Hotels and Resorts. During those tenures, Garavuso held positions as Vice President Accounting, Vice President Hospitality Information Technology and Chief Technology Officer guiding the technology strategy and implementation for diverse and uniformly successful projects such as the consolidation of call center operations, sales force automation, telecommunications and business intelligence; supporting more than 300 properties generating over $2.5 billion in revenue. Garavuso’s most recent engagement was as Chief Information Officer at Hilton Grand Vacation Club and resulted in significant operational and technology efficiencies due to the reorganization of infrastructure and the enhancement of legacy systems.
“Much of the challenge we face in a competitive landscape is the ability to utilize technology in a way that differentiates our product, communications and sales processes,” says Simon Crawford-Welch, Ph.D., RRP, President and COO of DRI. “Brian’s expertise and knowledge in available technology options, e-commerce alternatives and the vacation ownership marketplace make his engagement pivotal in our goal to build our longevity and leadership position in the industry.”
Garavuso is a Certified Hospitality Technology Professional; A Member of the Association of Information Technology Professionals; A Board Member of the Hospitality Industry Financial and Technology Professionals Association; and a Member of the American Hotel & Lodging Association Technology Steering Committee. He received his BA, Business Administration / Accounting from the University of Southern Florida.
“Technology is a pivotal function that no vacation ownership company can neglect,” says Stephen J. Cloobeck, Chairman and Chief Executive Officer of DRI. “With a global workforce of thousands and 14 countries in which we operate or manage resorts, superior connectivity, communications and innovative technology solutions, tied at the hip with our marketing and service strategies technology, will allow us to maintain efficiencies and the support for our planned growth. Having Brian onboard with his knowledge and experience will empower our over 5000 team members in delivering the DRI brand at every consumer touch-point.”
Diamond Resorts International®, based in Las Vegas, Nev., is one of the largest vacation ownership companies in the world with more than 110 branded and affiliated resorts in 14 countries with destinations throughout the continental United States and Hawaii, Canada, Mexico, the Caribbean and Europe. Offering simplicity, choice and comfort to its more than 360,000 owners and members through the branded service of more than 5,000 team members worldwide, Diamond Resorts International® is dedicated to providing its guests with effortless and relaxing vacation experiences every time, for a lifetime.
For more information, please visit www.DiamondResorts.com
Fractional Interest Conference Attracts 750 Attendees
March 31, 2008 | Leave a Comment
Resort Real Estate Event Reports on Industry’s Dramatic Growth
San Francisco, CA — March 28, 2008 – For the eighth consecutive year, shared-ownership/use resort developers converged on San Francisco to learn about the burgeoning growth of their industry, which grew 8.3% over 2006, despite of dramatic decreases in the country’s overall real estate market.
According to conference host and consulting veteran, Richard Ragatz, Ph.D., the 750 participants in this year’s three-day gathering at the Fairmont Hotel came from 41 states and 17 countries. Attendance increased 40% over 2006 and like the previous year, the conference was sold out. Ragatz is founder of Ragatz Associates of Eugene, Oregon.
Dr. Ragatz released the findings of his much-anticipated annual research paper, the 2008 Edition of The State of the Fractional Interest Industry. The survey found there are some 300 fractional interest projects in North America and the Caribbean, along with 21 destination clubs, offered by 16 companies. Of the 300 developments, 72 percent are in the United States, 15 percent are in Canada, five percent are in the Caribbean and eight percent are in Mexico. Colorado, California and Florida contain 26 percent of all developments. Of the 153 active developments, 55 percent are fractional interests projects (less than $1,000 per square foot) and 45 percent are private residence clubs (PRCs) – over $1,000 per square foot. Most of the 147 inactive developments are older, sold-out fractional interest projects.
The three main components of shared-ownership/use developments include fractional interest projects, (PRCs) and destination clubs. Fractional interest projects and PRCs are similar and typically sell deeded ownership in shares of vacation homes or resorts, ranging from 1/20 share with two weeks of annual usage to a ¼ share with three months of annual use. While use plans vary from project to project, the most frequent sizes for fractional interest projects are 1/4s (34 percent), 1/10s (21 percent) and 1/8s (21 percent). PRCs are generally 1/8, 1/12s and 1/10s.
On-site amenities and services are extensive. Developed and sold by individual developers with a single site to larger, branded luxury hotel companies with multiple sites, prices range widely, averaging from about $173,000 per share for fractional interests, and $374,000 per share for private residence clubs. Per week and per square foot prices tend to decrease as the size of the unit and share increase. Annual maintenance fees average $7,835 per share, ranging from $5,135 among fractional interest projects to $10,290 among private residence clubs. On a per-week basis, such averages are $710 and $2,070 respectively.
The average price for a membership in the 21 destination clubs is $305,000. The average residence in the clubs has a reported value of $2.6 million and contains 3,000 square feet. The average term is 30 years and average ratio of members per residence is 7.5. There are approximately 6,400 members in the 21 clubs that were surveyed.
Although regulated similarly to timeshares in most states, a fractional involves a longer period of use and is considerably more expensive to purchase and maintain. Destination clubs typically sell 30-year memberships on a non-equity basis into a wide network of vacation homes in multiple locations. There is generally a refund policy when members leave the club.
Ragatz estimated that total sales volume in the shared-ownership/use industry in 2007 was $2.3 billion, which included new closed sales, presales and resales. This represented an industry growth of 8.3 percent, despite downturns in the country’s overall residential-resort industry.
According to Dr. Ragatz, “The future looks bright for properly planned fractional interest projects and private residence clubs. However, developers should not view the concepts as saviors to failed whole-ownership condominium projects or other such real estate.”
Various feasibility analyses, consumer surveys and focus groups recently conducted by Ragatz Associates strongly indicate a growing public awareness, acceptance and interest in purchasing all three components.
For additional information, visit www.ragatzassociates.com.
The Timeshare Association of Timeshare Owners Committees (TATOC) Conveys Support For New Consumer Version Of Perspective Magazine
March 28, 2008 | Leave a Comment
Perspective International Ltd recently announced plans to launch a consumer version (http://www.ownersperspective.com) of their B2B publication Perspective Magazine and are already receiving tremendous support throughout the industry.
The Timeshare Association - Timeshare Owners Committees (TATOC) which is an association for members of timeshare owners committees, associations and other similar owner representative organisations from resorts around the UK and across Europe is the first to publicly show their support of the new consumer publication announced just a few days ago.
Harry Taylor, Secretary General of TATOC gave the following statement:
“Every industry needs an impartial and independent conveyor of information and news to be truly successful.
In my opinion, up until a few years ago, the timeshare industry in Europe didn’t have that independent media player.
In Perspective Magazine I believe our industry has found its essential answer. Most timeshare industry publications are tied to major companies and their editorial has often been more about self promotion than sharing essential news and giving every company and initiative a reasonable chance for exposure. I cannot ever see Perspective Magazine ignoring a newsworthy story.
In Perspective Magazine I see a young and ambitious company who are determined to retain their independence, a company who will not be tied to any major player more than another. I commend them on the diversity of their publication and in becoming the biggest of their kind in the world. I shall enjoy watching them progress as they add their new consumer focused publication to their portfolio.
For the right reasons, which are the prosperity of our industry, TATOC will support Paul and Sharon Mattimoe in their new mission… as they have supported us”
TATOC as part of their support for the new magazine will be recommending to the members of their association that they have their timeshare owners subscribe to this free and independent publication.
A number of other companies have also expressed support and further official press releases will follow over the coming weeks in the lead up to the first edition.
The new publication, nicknamed “Owners Perspective” is scheduled for launch online in July 2008 with a print version to follow by the end of the year. Subscriptions to the online version of the magazine are already underway in advance at http://www.ownersperspective.com confirming the excitement of timeshare owners about the new source of information soon to be coming their way.
For those not familiar with the original business to business Perspective Magazine visit http://www.theperspectivemagazine.com
About The Timeshare Association - Timeshare Owners Committees (TATOC)
The Timeshare Association is a non-profit limited company formed in 1989 providing a networking group for members of timeshare owners committees and actively promotes the positive image of timeshare through all communications channels.
For more information visit http://www.tatoc.co.uk
About Perspective International Ltd
A specialised PR & Media company for the timeshare and shared ownership industry, Perspective International produces a number of publications both in print and online as well as a collection of industry resources than span a wide and diverse network across the globe.
For more information visit http://www.perspectiveinternational.com
Gales Delay Seasons Race At Cheltenham
March 28, 2008 | Leave a Comment
In a dramatic turn of events, gale force winds caused the cancellation of day two of the world renowned Cheltenham Festival – the day scheduled for the running of the Seasons Queen Mother Champion Chase, due to be attended by a number of Seasons competition winners.
This meant that for the first time in its 49 year history, the thrilling two mile national hunt race had to be re-scheduled for the following day, Thursday March15th, along with other races. This resulted in an unprecedented number of 10 races being run on that day, over a period of some six hours.
The National Hunt Two-Mile Champion Chase was first run in 1959 and the Queen Mother’s name was added to the race title in 1980, the year of her 80th birthday. The event has produced some great winners and some great Festival memories, including some of the most incredibly exciting finishes in the history of the sport.
Peter McNeile, Director of Sponsorship for Cheltenham Racecourse, sent Insight his following personal report of the 2008 Chase:
“Trainer Paul Nicholls and Jockey Ruby Walsh had to wait until the 10th race of the Cheltenham Festival to register a victory but did so in stunning fashion, as Master Minded ran away with the Seasons Holidays Queen Mother Champion Chase.
“Carrying the Kauto Star colours of owner Clive Smith, the five-year-old shone like a beacon throughout the two-mile showpiece at Prestbury Park. And the breathtaking manner of his win was a special present for Nicholls’ wife Georgie, who was celebrating her 32nd birthday.
“The winner’s outstanding performance puts him in line to be compared to the two mile greats like Badsworth Boy and Pearlyman, dual winners of the race in the eighties and nineties.
“Despite the high winds forcing the abandonment of Wednesday’s card, and the re-scheduling of the lost races on to the following two days, the Festival got back on track with some breathtaking performances all round, headed up by Master Minded, Inglis Drever’s third win in the Ladbrokes World Hurdle, and Denman’s eclipse of Kauto Star in the Totesport Cheltenham Gold Cup.”
Results, video and reports can be found on www.cheltenham.co.uk.
SUCCESSFUL MARKETING RESULTS
Group Marketing Director Leslie McCann stated that he is delighted with the success of Seasons sponsorship of the prestigious race as part of raising the company’s corporate profile, both in the UK and worldwide.
“As a result of tens of thousands of potential customers being exposed to the race and its accompanying publicity since last year’s initial sponsorship, independent research has confirmed that the name Seasons has been mentioned far more often this year than last. I am convinced that this exercise has contributed to enhancing Seasons’ reputation in an ethical and professional way and that this in turn has benefited our existing owners by giving them an enhanced sense of pride in the company.”
He went on to confirm that the race sponsorship is part of Seasons marketing budget and that no management fee income is used to support what is essentially an exercise designed to promote the creation of new business.
Commenting on the unusual circumstances of the 2008 Cheltenham Festival, he said: “Whilst we were disappointed that the original race date was cancelled, members will be aware of the resulting huge amount of additional national news coverage for the Seasons brand name, when it was mentioned many times on the major news bulletins.
“We were also very sorry that those prizewinners who won a day out to watch the race were not able to attend. These included entrants via Channel 4, ITV West, the Western Daily Press, and Seasons website. However, arrangements are in place for them to attend next year’s Festival and we shall look forward to sharing the excitement of attending next year’s Chase then.”
Idaho Practitioners Launch Red Sky Public Relations
March 28, 2008 | Leave a Comment
(BOISE, ID) Idaho public relations professionals Stephanie Worrell, Jessica Flynn and Alicia Ritter have teamed up to launch Red Sky, a full service public relations agency located in Boise.
Worrell will merge her existing business, Worrell Communications. Ritter leaves Boise State University, where she served as Director of Fundraising Initiatives. Flynn leaves her position as the first Communications Manager of Tamarack Resort, and will continue to work with Tamarack as a client.
Other clients include SuperValu/Albertsons, the Idaho Community Foundation, College of Western Idaho, Idaho State Historical Society, Advantage Sales & Marketing, the Idaho State Treasurers Office, Upromise Investments Inc., Meridian Development Corporation, and Harris Ranch.
“There is a significant need for strategic communications counsel for individuals, businesses, and agencies involved in promoting and raising the profile of Idaho and those who live, work and play in this great state,” Flynn said. “It takes a marketing mix, with a significant role played by public relations, to achieve those goals.”
“Red Sky offers a new option for strategic public relations, bringing decades of experience to the table.” Flynn said. “We look forward to supporting the communication goals of the people and organizations that make the Treasure Valley such an attractive region.”
Worrell is a journalism graduate of Iowa State University. Her experience includes public affairs work for the Idaho Consumer Information Council, serving as Assistant Information Director for the Big Sky Athletic Conference, and as senior director for the Treasure Valley YMCA — responsible for public relations, wellness and health promotions. She also served as vice president of a Boise-based public relations agency. Worrell and Flynn are both recipients of the Idaho Business Review’s “Accomplished Under 40” award.
Ritter, the firm’s President, is a former Managing Director of Ogilvy Public Relations Worldwide, and was an owner in a California-based, $15 million annual revenue agency that was acquired by Ogilvy. After moving to Boise in 2003 she worked with clients that included the J.A. & Kathryn Albertson Foundation, the United Way of Treasure Valley, and the Idaho Nonprofit Development Center. She holds a bachelors degree in communication from the University of California, Davis, and a master’s degree in advertising from the Medill School of Journalism at Northwestern University.
Flynn is a broadcast journalism graduate of the University of Texas at Austin, and worked as an Emmy-winning news producer with WTAE, Pittsburgh, Pennsylvania; KEYE, Austin, Texas; and as executive producer at KIVI, Boise. Prior to her stint at Tamarack Resort she spent two years with a public relations agency in Boise.
Catie Wardwell will join the firm as an account executive, leaving her public relations position at St. Luke’s Boise & Meridian Medical Center. She is a communications graduate of the University of Idaho, specializing in media relations and event planning. She interned with St. Luke’s and Senator Larry Craig’s office in Washington D.C.
Robert Deen will also participate in the firm as an investor and advisor. He founded Deen+Black Public Relations, California’s largest independent public relations agency when it was acquired in 2001 by Britain’s WPP Group, the world’s largest communications conglomerate. He served as chairman of the Edelman Public Relations Worldwide affiliate network, and was the first chairman of the Phoenix Network, a national association of independent public relations agencies. A former officer in the U.S. Marine Corps, he holds a journalism degree from Oregon State University and a master’s degree in communications from California State University.
Distinguished Hotelier Tom LaTour Earns Lifetime Achievement Award from Hospitality Design Magazine
March 28, 2008 | Leave a Comment
SAN FRANCISCO (March 27, 2008) – Tom LaTour established Kimpton Hotels and Restaurants as the leader in the boutique hotel segment, growing the chain to 40 hotels and restaurants in 17 cities in the U.S. and Canada. Now, the former Kimpton chairman and CEO and founding principal of LaTour Signature Group, has earned a Platinum Circle lifetime achievement award from Hospitality Design Magazine – recognizing LaTour’s lustrous 20-year career with the hotel giant.
LaTour is now taking his vast hospitality experience and placing his signature touch on the booming shared-ownership vacation home market with his latest enterprise, LaTour Signature Group.
“I found it irresistible not to retire,” said LaTour, an accomplished vintner and restaurateur, also named one of the “26 Most Fascinating Entrepreneurs” by Inc. magazine in 2005. “I couldn’t stop thinking about ways to wine and dine luxury resort guests. So I found a niche that hadn’t been filled yet – the very upscale 50 to 150-unit fractional resorts.”
Launched in 2007, LaTour Signature Group is a joint-venture consulting and management company with ResortCom Elite, created to transform luxury vacation experiences at select five-star fractional resort properties throughout North America and Mexico. The company will manage all resort operations – including the training and supervising of staff, reservation coordination and concierge services, as well as sales and marketing of fractional rentals.
The first LaTour Signature Group property, “Olamar” in Cabo San Lucas, marks the company’s foray into Mexico’s flourishing shared vacation ownership industry. Currently under construction on the secluded Monuments Beach, Olamar will feature elegant, fully furnished three- and four-bedroom beachfront residences are now selling from the mid $300,000s for one-eighth interest, and whole ownership of oceanfront villas from $2 million. Visit www.olamarliving.com.
“Our objective is to provide a relationship-based, amenity-rich experience for high-end vacationers at exquisite properties,” said La Tour. “We will offer much more than a room in a high rise on the beach.”
About LaTour Signature Group
By delivering management services that are unprecedented in the industry, LaTour Signature Group is committed to becoming the ultimate brand for private residence clubs and luxury fractional properties through superior service, distinctive amenities, chef-driven restaurants and culinary activities and obsessive attention to detail.
LaTour Signature Group will deliver hand-picked and exceptionally trained resort staff, highly personalized concierge services and world-class leisure, recreational and health and wellness programs, as well as privately stocked wine cellars and other one-of-a-kind culinary experiences from cooking classes to excursions to local farmers markets.
When brought in on the ground floor, LaTour Signature Group can effectively lend its expertise and direction to the resort’s conceptual design and operational functionality and provide referrals and recommendations for other key partner alliances, such as real estate sales and marketing.
For more information about LaTour Signature Group, visit www.latoursignaturegroup.com, or call 415-568-2210.
Timeshare Internet Advertising Trailblazer to Speak at National Convention
March 28, 2008 | Leave a Comment
Jason Tremblay will speak at this year’s ARDA Convention & Exposition. Tremblay is the CEO of Sell My Timeshare NOW, a company founded less than five years ago that today attracts more than 1.7 million visitors to their website monthly and has utilized internet marketing to become a leader in the advertising of timeshare resales and rentals.
Dover, NH - March 27, 2008 — When members of the American Resort Development Association meet next month in Las Vegas at the ARDA Convention & Exposition, Jason Tremblay, CEO of Sell My Timeshare NOW, will be one of the event’s distinguished speakers. In less than five years, Tremblay and co-owner Mark Eldridge have grown the internet-based company to be an industry leader in the advertising and marketing of timeshare resales and rentals.
Nearly 5000 representatives from the resort and timeshare development industry, representing more than 40 countries worldwide, are expected to participate in this year’s ARDA Convention & Exposition. The five-day convention is the industry’s premier event that provides new directions, services and information for all resort development professionals.
Jason Tremblay will be one of four internet marketing specialists addressing issues of search engine marketing, search engine optimization, social media optimization and other timely strategies for reaching and serving clients via the internet. Tremblay explains, “Sell My Timeshare NOW uses cutting-edge internet optimization techniques to attract more than 1.7 million visitors per month to our website and last year alone, more than $274 million in offers to buy or rent timeshare. Almost every business today has a website, but many of them have little to no idea how to really use that website to reach and service consumers.”
Joining Tremblay in the presentation titled, ‘SEM, SEO, SMO & SOS! A Website Traffic Rescue,’ will be Paul Savage of Savage Direct Marketing, Marc Saxe of Resort Opportunities, and Greg Anton of Avitech.
The ARDA convention involves professionals from every aspect of the timeshare and resort development industry, including resort operations, development, management and marketing. As Jason Tremblay explains, “Internet marketing is exciting because it works as effectively for sole proprietors as it does for mega-corporations. When Sell My Timeshare NOW first started, we were three people working on home computers; today we employ more than 100 people in our Dover, NH offices and have satellite offices around the US.”
“Our website now consistently ranks on page one in search engine results for industry-specific terms such as ‘timeshare’, ‘buy timeshare’ or ’sell timeshare’. This strategy has allowed us to reach more prospective timeshare buyers online than anyone else in the industry.”
About Sell My Timeshare NOW, LLC:
Sell My Timeshare NOW is an industry leader in providing advertising and marketing for timeshare owners who want to sell timeshare or rent timeshare. For 2007, SellMyTimeshareNOW.com presented its customers over $274 million in offers to buy or rent timeshares. Jason Tremblay is available for interviews at (603) 516-0649 or by emailing steveluba@sellmytimesharenow.com
MSTI and Telkonet Target Commercial Tri-State HSIA Market with First Deployment Of Telkonet Series 5 200Mbps PLC Broadband Networking Solution
March 27, 2008 | Leave a Comment
Hi-Rise NYC Commercial Office Building Benefits from Fast Ethernet-Equivalent Network Speeds with Rapid PLC System Retrofit
March 26, 2008, GERMANTOWN, Md. & HAWTHORNE, N.J.–(BUSINESS WIRE)–MSTI Holdings, Inc. (OTCBB: MSHI - News) and Telkonet, Inc. (AMEX:TKO - News), today announced the first commercial installation of the next-generation 200Mbps Telkonet Series 5™ powerline communications (PLC) system, enabling broadband networking in a rapid deployment at 370 Lexington, a high-rise commercial office building located in the heart of Midtown Manhattan. MSTI and Telkonet are partnering to bring the groundbreaking Telkonet Series 5 platform to building owners throughout the Tri-State area as part of an aggressive marketing program. MSTI is a leading provider of true quad play services to residential, hospitality and commercial properties, while Telkonet is the leading provider of innovative, centrally managed solutions for integrated energy management, networking, building automation and proactive support services.
The high-grade Telkonet Series 5 system at 370 Lexington was installed by MSTI’s wholly-owned subsidiary, Microwave Satellite Technologies, Inc. (MST, Inc./NuVisions) in just a few hours, transforming the 26-floor property’s backbone high-speed Internet access (HSIA) platform, into a highly secure, Fast Ethernet network, with scalable performance and bandwidth, underpinned by exceptional quality and reliability. More than 100 businesses at the property now have access to substantially enhanced, robust and affordable HSIA, with the 200Mbps Telkonet Series 5 system supporting typical speeds of 20Mb or higher, as well as a wide range of demanding bandwidth intensive applications, such as videoconferencing. With Telkonet Series 5 now in place, 370 Lexington’s management can rapidly and easily adopt additional applications, such as surveillance, security and energy management.
This first installation underlines Telkonet Series 5’s versatility for commercial Fast Ethernet network applications, enabling a building to be retrofitted with the most advanced communications infrastructure at significantly lower cost than competitive solutions. Central to the agenda of 370 Lexington’s management was finding a cost-effective HSIA offering that would cater to the diverse commercial requirements of the building.
“We were looking to outfit 370 Lexington with an alternative service offering that would match the best HSIA available for speed and capacity,” stated Daniel M. Blanco, principal of Broad Street Development, owners of 370 Lexington Avenue. “Network speed and performance are of top priority for many of our tenants, and Telkonet Series 5 provides a reliable, secure platform that can handle the most demanding requirements.” He added, “MSTI upgraded the entire building incredibly quickly and without any disruption to our tenants, while also drastically out-pricing any potential competitors. The entire process was painless – there were no time-consuming modifications to our property or its wiring, just a fast and efficient installation.”
Dan Chang, the VP of Finance of China Natural Gas, which occupies at suite at the property, added that, “our company was interested in an affordable and reliable solution that could meet the demands of our business needs. The MST/NuVisions service running over the Telkonet Series 5 PLC solution has met those needs and is extremely flexible in its use.”
Frank T Matarazzo, CEO of MST, believes that this first installation illustrates the commercial scope for Telkonet’s advanced PLC solution, opening up a key market opportunity for the two companies, “The combination of Telkonet’s new 200 Mbps platform and MST’s expertise in the tri-state commercial property market is a compelling combination. For the first time, property owners can benefit from a high performance solution that delivers on all counts, leveraging the clear advantages of PLC with Fast Ethernet speeds and performance attributes.”
The Telkonet Series 5 platform is a high-level, versatile PLC solution designed specifically to meet the exacting broadband networking demands of the commercial sector. It combines Telkonet’s proven powerline technology with the most advanced 200Mbps chipset currently available, to enable a new level of PLC performance that far outstrips conventional residential alternatives. It is ideally suited for in-building networks where there are issues with wired and wireless solutions, such as thick or dense wall structures, the presence of asbestos, highly secure applications, or for historic buildings where any form of physical incursion is prohibited or impractical. Telkonet Series 5 transforms a site’s existing internal electrical infrastructure into an IP network backbone, without installing new cabling. It combines the traditional PLC benefits of fast, easy and non-disruptive installation, typically in hours or days rather than weeks. It provides complete flexibility in locating communication interfaces and supports connectivity to any Ethernet or serial device or application, across data, voice and video. It incorporates Telkonet’s comprehensive built-in network management, without the need for drivers or additional software, enabling the remote monitoring and troubleshooting of communications networks.
About NuVisions
NuVisions, a trademark of Microwave Satellite Technologies, Inc., offers “quad play” services, including cable programming, Voice over Internet Protocol telephone (VoIP), high-speed Internet access, and Wi-Fi services to multi-dwelling unit properties in New York, New Jersey and San Francisco. For more information, please visit www.nuvisions.tv.
About MST Inc.
MST Inc., a wholly-owned subsidiary of MSTI Holdings, Inc., (MSHI.OB) is a communications technology company that specializes in video to the desktop, video conferencing, distance learning, two-way data, and Internet access services. MST Inc. offers complete sales, installation, and service of VSAT and business television networks, and is a full-service national Internet Service Provider (ISP), offering the latest in web hosting and design. MST Inc.’s NuVisions Broadband services offer cable television, cable modem high-speed Internet, and telephone services to multi-family residences, commercial buildings, and institutional owners. MST Inc. delivers its services using microwave and fiber optic technology for superior performance, and now offers over 500 television channels with more than 45 channels of high definition television (HDTV). MST Inc. has begun deployment of its new Interactive Wi-Fi, hot-zone system that will offer wireless Internet service in large geographic areas of New York City, and is introducing the newest Powerline Carrier (PLC) technology to high-speed Internet users in apartment buildings, hotels, and business environments. For more information, visit our websites at www.mst-online.com and www.nuvisions.tv.
About Telkonet
Telkonet’s unique broadband networking solutions currently support more than 1.5 million network users per month, with its energy management systems optimizing energy consumption in over 80,000 rooms. Telkonet’s technology innovation is underpinned by the highest level of end-to-end quality of service, with comprehensive technical customer support. Its systems deliver wide-ranging functionality, from wired and wireless high-speed Internet access to energy management, IP surveillance and local area networking. Telkonet’s platforms are widely deployed on the global stage – in single buildings and ships, in multi-building complexes, hospitality venues and multi-dwelling units, and at government, education and defense locations.
Telkonet’s innovations include the revolutionary Telkonet Series 5 and the Telkonet iWire System™, which convert a site’s existing internal electrical infrastructure into an IP network backbone – quickly, cost-effectively and without disruption. The portfolio also includes the integrated EthoStream product suite, providing a comprehensive and advanced technology management platform for the hospitality industry, differentiated by outstanding remote management tools and a dedicated customer support facility. Telkonet SmartEnergy completes the line-up, delivering typical bottom line savings of 30% by controlling in-room energy consumption according to occupancy. For more information, please visit www.telkonet.com.
The Luxury Collection(R) Hotels & Resorts Hosts ‘The Luxury Collection Collectors Club’ VIP Lounge at the 24th Annual Sony Ericsson Open
March 27, 2008 | Leave a Comment
The Luxury Collection Collectors Club Lounge Will Provide World-Class Cuisine, Exclusive Spa Services, Unprecedented SPG Experiences and Indigenous Offerings from Some of the Brand’s Most Desirable Destinations
Beginning Today Through April 6, The Luxury Collection Collectors Club is the Open’s Most Exclusive Spot for Players, Celebrities and Tournament Notables to Relax, Mingle and Cool Off
March 26, 2008–The Luxury Collection Hotels & Resorts, a glittering ensemble of more than 65 of the world’s finest hotels and resorts in more than 26 countries around the world, today launched the first ever Luxury Collection Collectors Club at the 2008 Sony Ericsson Open. Beginning today through April 6 in Key Biscayne, Florida, The Luxury Collection will host The Collectors Club, a 3,000 square foot world-class members-only VIP lounge, catering to the whims of the tournament’s most discerning attendees, while taking guests on a global safari to some of hotel brand’s spectacular global destinations. The Collectors Club will be all-encompassing of The Luxury Collection brand’s indigenous charms and treasures, featuring an upscale restaurant, full-service bar, plush lounge and exclusive one-of-a-kind events and experiences - all taking place during one of the world’s premier tennis tournaments.
“We define The Luxury Collection by our guests and the experiences and services they demand and expect. Nothing less than an exceptional level of service, perfect location and indigenous personal offerings will do,” said Ross Klein, President of Starwood’s Luxury Brands Group. “Tennis is a passion of The Luxury Collection brand, so we are proud to launch the first ever Collectors Club lounge at the 24th Annual Sony Ericsson Open, offering tournament VIPs access to the authentic experiences found only within The Luxury Collection.”
Ideally located directly across from the stadium’s West entrance, The Luxury Collection Collectors Club is a sanctuary where the world’s top tennis players, celebrities and VIP guests are invited to relax, mingle and cool off while sampling a unique menu of globally-inspired culinary creations. Signature cocktails from the exotic locales of The Luxury Collection brand’s ensemble of hotels and resorts, such as the Hacienda San Jose’s Grapefruit Margaritas and the Arion Resort & Spa’s Athenian Sunset, will be served throughout the day and night. The Luxury Collection Collectors Club will also offer guests unprecedented access to a number of unique experiences between matches including autograph sessions with marquee players, spa services from The Diplomat Golf Resort & Spa and The Resort at Singer Island and a world-class restaurant.
Starwood Preferred Guest (SPG) members will be treated to an exclusive experience with the opportunity to bid “Starpoints” through Moments, the SPG loyalty program’s online auction at www.spg.com. Winners of the VIP Tennis Escort Moments package will be given preferred parking, two VIP guest escort spots to lead a seeded player to a match, the opportunity to toss the coin to determine who will serve, a back-of-the-house tour, lunch in the players’ dining room, two box seats for session seven and an autographed tournament program.
As host sponsor of the 24th Annual Sony Ericsson Open, The Luxury Collection brand will also be represented throughout the tournament with wing board signage on the tennis courts, in tournament advertising, in national commercials during the final matches, and with Luxury Collection brand videos that will run inside the stadium throughout the open.
The Luxury Collection brand will host The Luxury Collection Collectors Club throughout the 2008 Sony Ericsson Open. For more information about exclusive offerings from The Luxury Collection, please visit: www.luxurycollection.com.
The Luxury Collection
The Luxury Collection(R) is a selection of hotels and resorts offering unique, authentic experiences that evoke lasting, treasured memories. For the global explorer, The Luxury Collection offers a gateway to the world’s most exciting and desirable destinations. Each hotel and resort is a unique and cherished expression of its location; a portal to the destination’s indigenous charms and treasures. Magnificent decor, spectacular settings, impeccable service and the latest modern conveniences combine to provide a uniquely enriching experience. Today, The Luxury Collection is a glittering ensemble of more than 65 of the world’s finest hotels and resorts in more than 26 countries in bustling cities and spectacular destinations around the world. The Luxury Collection includes award-winning hotels that continuously exceed guest expectations by offering unparalleled service, style and class in some of the most desired destinations in the world. In Most recently, Mystique, a Luxury Collection Resort, was honored with the 2008 Travel + Leisure Design Award for Best Small Resort in the world. All of these hotels, many of them centuries old, are internationally recognized as being among the world’s finest. For more information, please visit www.luxurycollection.com.
About The Sony Ericsson Open
The 2008 Sony Ericsson Open will be played March 26- April 6 at the Tennis Center at Crandon Park in Miami. The 12-day combined event, founded by Butch Buchholz in 1985, is owned by IMG. The Sony Ericsson Open is one of nine ATP Masters Series events on the ATP calendar, a top tier event on the Sony Ericsson WTA TOUR calendar, and features the top men’s and women’s tennis players in the world. In 2007, Novak Djokovic defeated Guillermo Canas for his first Sony Ericsson Open title, while Serena Williams defeated Justine Henin to win her fourth title in Miami. For ticket information, call (305) 442-3367 or visit the website at http://www.SonyEricssonOpen.com.
Sheraton Hotels Launches Global Effort To Revitalize Iconic Brand
March 27, 2008 | Leave a Comment
Starwood Hotels Largest Brand to Upgrade 100 U.S. Hotels, Renovate 50,000 Guestrooms and Re-Design More Than 100 New Lobbies
March 26, 2008–The most recognized hotel brand in the world is getting a makeover. Sheraton Hotels & Resorts, Starwood Hotels & Resorts Worldwide, Inc. (NYSE:HOT) largest and most global brand, has launched a comprehensive new design of its lobbies and guests rooms that will significantly enhance its portfolio of hotels and resorts. Sheraton and its owners are undertaking an aggressive multi-year strategy to improve the quality and consistency of the brand portfolio that includes $1.3 billion in renovations, $400 million in key brand initiatives and $2 billion in new hotel openings. Sheraton will upgrade 100 hotels in the U.S. - nearly half its North American portfolio - renovate 50,000 guestrooms and re-design more than 100 new lobbies. The plan is part of a global initiative to revitalize the iconic Sheraton brand and differentiate the guest experience at each of its 406 hotels across 71 countries.
“With awareness among upscale guests at 92%, the Sheraton brand is iconic,” said Hoyt H. Harper II, Senior Vice President for Sheraton Hotels and Resorts. “We are leveraging Starwood’s proven history of building great lifestyle brands to enhance the entire guest experience for the company’s most global, recognized brand.”
Guests will first observe Sheraton’s efforts to revitalize its properties in the lobby that will be brought to life and re-designed as a destination for guests. Inspired metaphorically by the great public parks of the world, Sheraton’s new lobby space will provide guests with a sense of belonging, warmth and community. A significant component and heart of the lobby re-design is the “Link @ Sheraton,” a signature lobby-based communications hub that enables guests to stay connected and fully productive while traveling and away from their offices. The Link@Sheraton is a unique environment that meets the needs of Sheraton’s core guest by enabling them to work, relax and remain connected to family and friends during their travels. It provides an online experience, including free Wi-Fi and Internet-enabled computer stations, allowing them to email, search the Web, review local attractions and even print up boarding passes.
Adding to the social aspect of the new lobby design a communal table at the lobby’s center allows several groups of guests to work independently of one another within the same space, while game tables and oversized chairs encourage playful interaction or rest and relaxation. Guests will also be surrounded by a distinct ambiance created through new sensory elements, including a clean “open air” scent, music, lighting and botanical designs.
Sheraton will extend its revitalization beyond the lobby to its guest rooms, creating a signature experience through new designs and enhanced amenities. Led by D.B. Kim, Sheraton’s vice president of design, the brand’s in-house design team is working with New York-based George Wong Design, to renovate more than 50,000 guestrooms using one of three distinct design templates - classic/timeless, simple/aesthetically streamlined and relaxed/casual - that showcase a new palette of familiar colors inspired by nature, including, off-white, yellow, terracotta, cool blues, brown and green.
In response to guests’ preferences for flexible room design, Sheraton will remodel its rooms to be innovative and familiar through four distinct zones: a welcome area, a “connection” zone, an area to rest and a space to re-energize. Upon entering the room, guests arrive in the “welcome center,” a residential inspired entryway featuring a free-standing custom designed luggage bench and streamlined organizational wall shelf where guests can unpack and organize with ease. Directly adjacent, in lieu of a traditional closet, is a new wood paneled wardrobe that offers multiple compartments, hanging space and a full-length mirror.
The connection zone, designed to facilitate work or entertainment, consists of desk space that is modular and movable to accommodate a guest’s need for individual work, meeting space or dining. A built-in flat screen TV showcases “Scene@Sheraton,” Sheraton’s special access in-room entertainment content, while a charging station enables guests to connect and refresh their technical gadgets. Guests will recharge in the most comfortable bed in the industry - the new “Sheraton Sweet Sleeper II” — that boasts a luxurious mattress, a redesigned ensemble of all-white, 300 thread count pillow cases and sheets, and a new duvet.
Guests will re-energize in a refurbished bathroom with a free-standing vanity that is designed to minimize clutter and maximize space. Wall-mounted shelving holds “Shine by Bliss,” a new bath amenities line created exclusively for Sheraton by Bliss, while undermounted cubbies conveniently store extra towels and a hair dryer. Traditional overhead vanity lights are replaced with side lighting that is soft, yet efficient. New bath and shower fixtures and a dual-flush commode are environmentally friendly, reducing resource usage by up to 30%.
Starwood Hotels & Resorts Worldwide, Inc. is one of the leading hotel and leisure companies in the world with approximately 900 properties in more than 100 countries and 155,000 employees at its owned and managed properties. Starwood Hotels is a fully integrated owner, operator and franchisor of hotels and resorts with the following internationally renowned brands: St. Regis(R), The Luxury Collection(R), Sheraton(R), Westin(R), Four Points(R) by Sheraton, W(R), Le Meridien(R) and the recently announced Aloft(SM) and Element(SM) Hotels. Starwood Hotels also owns Starwood Vacation Ownership, Inc., one of the premier developers and operators of high quality vacation interval ownership resorts. For more information, please visit www.starwoodhotels.com.
Group RCI Announces Major Timeshare Affiliation With Dubai’s Bavaria Executive Suites Vacation Club
March 27, 2008 | Leave a Comment
Parsippany, N.J. and Dubai (March 26, 2008) - RCI®, one of the Wyndham Worldwide family of brands (NYSE: WYN), and the world leader in vacation exchange, has announced an agreement with Dubai-based Al Ghaith Holdings to affiliate the soon to open Bavaria Executive Suites with its timeshare exchange program. Featuring no less than 450 one and two bedroom apartments, it represents the first timeshare development on Dubai’s prestigious Sheikh Zayed Road.
Located at the cross roads of Dubai’s new commercial and residential hub, adjacent to Dubai Media City and the access route to the Palm Jumeirah, Bavaria Executive Suites consists of two huge towers on either side of Sheikh Zayed Road. Offering easy access to many of the city’s leisure and commercial attractions, including the nearby Mall of the Emirates, Jumeirah beach and several golf clubs, Bavaria Executive Suites will target both business and leisure visitors.
In addition to the apartments, the development includes 2100 luxury suites, all of which contain a comprehensive range of 5 star amenities. This includes a choice of 8 restaurant concepts, sports facilities, shopping arcades and the latest Angsana Spa. Forty fully equipped offices and a meeting center to accommodate 10 to 1,000 delegates complete Bavaria’s compelling offer. “We believe that this stunning project will change the way that people take holidays in this part of the world and our affiliation with Group RCI will enhance this even further” said Sheikh Ali Hamel Al Ghaith, Chairman of Al Ghaith Holding, the company behind the project.
Nick Turner, managing director of Group RCI Middle East said, “The Bavaria Suites Vacation Club is a very exciting consumer proposition which will be one of the largest timeshare vacation clubs of its kind in the Middle East and North Africa (MENA) region. We are delighted that the owner, Al Ghaith Holdings, has selected Group RCI to provide global services and benefits to future Bavaria Vacation Club owners.”
Turner explained that Group RCI was part of the team working with the local government on the policies of the new timeshare law regulating the shared ownership real estate industry. He said, “This aims to be well thought through and protects the interests of the consumer, developer and brand of Dubai.”
For additional information on the services offered to developers by Group RCI and how they can add potential value to leisure real estate projects, visit www.grouprci.com.
About Group RCI
Group RCI , part of the Wyndham Worldwide family of companies (NYSE: WYN), is the global leader in non-hotel leisure accommodations with exclusive access for specified periods to more than 67,000 vacation properties in approximately 100 countries. Organizationally, Group RCI is comprised of vacation exchange, including RCI®, the worldwide leader in timeshare and vacation exchange and provider of travel services to businesses and consumers and The Registry Collection®, the world’s largest luxury exchange program; vacation rentals, including Endless Vacation RentalsSM, Landal Greenparks®, Novasol®, and more than 30 other vacation rental brands, through which vacationers can rent a wide variety of property types, from city apartments to country cottages to villas; and NorthCourse® Leisure Real Estate Solutions, an international leader in providing a full spectrum of advisory, research, asset management and sales and marketing services to developers and investors worldwide. Collectively, the company delivers unique vacation experiences to leisure travelers around the world and provides products and services to business customers that support the growth of the leisure real estate industry. Wyndham Worldwide Corporation is one of the world’s largest hospitality companies with leading brands in lodging franchising, vacation ownership, vacation rentals and vacation exchange. For additional information visit www.grouprci.com or the media center of www.wyndhamworldwide.com.
Senate Panel Postpones Measure Sought By Online Travel Companies, Timeshares
March 27, 2008 | Leave a Comment
The Senate Finance and Tax Committee this afternoon postponed a vote on a measure that could potentially shield online travel companies and timeshares from millions of dollars in annual taxes.
The language sought by online travel companies would make clear when companies such as Expedia Inc. negotiate one rate with a hotel and then sell the room to a consumer at a higher rate that the markup isn’t subject to sales and hotel taxes. The language sought by timeshares would ensure that timeshare exchanges and timeshare promotional packages that ultimately result in a sale are not subject to the taxes.
The provisions were to be added to a broad tax-administration package (SB 2788) during the afternoon Finance and Tax meeting. But the panel ultimately ran out of time and had to put off a final vote on the overall bill, which now will likely come next week.
To read the language sought by the online travel companies and time shares, click here and here.
Source: http://www.typepad.com/t/trackback/391830/27494028
Women In The Industry (WIN) To Be Introduced At 2008 ARDA Convention
March 26, 2008 | Leave a Comment
Sunday Evening Event First of Its Kind
Women in the Industry (WIN) will hold its first networking event on Sunday evening, April 6 during the American Resort Development Association’s annual convention at The Venetian from 6:30 p.m. to 7:30 p.m. The American Resort Development Association will host the function. The WIN reception marks the kick-off for the non-profit group which advocates, educates and connects women in the Vacation Ownership industry.
A primary WIN goal is the promotion of ongoing community and philanthropic activities. To that end, Jeanne Fitzmaurice, RRP who founded Gal to Gal Foundation to honor the courage of those diagnosed with Stage 4 Breast Cancer, will deliver a message of “giving back and making a difference.” Jeanne (Nushy) Fitzmaurice of Incredible Journeys, Universal Vacation Club, and a member of the ARDA Board for a decade, founded Gal to Gal to forge a global community of caring, intelligent individuals who want to make a positive difference in the lives of others.
In addition to providing a forum for women in the vacation ownership industry to unite and leverage best practices, WIN will also support industry research particularly as it pertains to women.
For more information about WIN call Cathy Backus, 858-344-2139 or Lani Kane-Hanan 407-513-6634.
Perspective Magazine To Launch New Consumer Version For Owners Of Timeshare, Points, Fractional and Private Residence Club Vacation Products
March 26, 2008 | Leave a Comment
Plans are underway to launch an independent consumer magazine for the timeshare and shared ownership market by the company that already produces the most read independent B2B publication for the same market.
Perspective International Ltd, who produce Perspective Magazine (http://www.theperspectivemagazine.com) have revealed that a consumer version, nicknamed “Owners Perspective” will be released initially online in July 2008.
The new magazine will also be grown on a global level, covering all markets around the world and delivering the latest news, exclusive interviews, resort reviews, destination guides, new products, owner experiences, reader offers and much more…
The decision was made based on the increasing number of timeshare owners subscribing to the existing business version of the magazine. “Rather than trying to adapt Perspective Magazine to suit owners also, we have decided to launch a second publication specifically for them.” Says Paul Mattimoe, President & CEO of Perspective International Ltd, “This way we can take the core content of the original magazine, but then tailor the rest to suit the consumer rather than the business side of the industry, providing both a much needed independent resource for existing and potential owners as well as a new and diverse advertising platform for businesses”.
Subscriptions to the new magazine which are free of charge have already started at http://www.ownersperspective.com in readiness for the launch in July and a number of key companies and associations within the industry are supporting the initiative by asking their members to subscribe and support the publication.
A print version is planned for release by the end of the year, although the online version, as with Perspective Magazine will also always be available.
For more information visit http://www.ownersperspective.com
Starwood to Present at the JP Morgan Gaming, Lodging and Restaurant Conference on Wednesday, March 26th, 2008
March 26, 2008 | Leave a Comment
Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) will be making a presentation during the JP Morgan Gaming, Lodging and Restaurant Conference in Las Vegas on Wednesday, March 26th, 2008 at 8am Pacific time. Jason Koval, Vice President, Investor Relations, will be speaking at the conference.
Audio of the presentation will be provided through a live webcast via Starwood’s investor relations website at http://www.starwoodhotels.com/corporate/investor_relations.html. In addition, the presentation slides may be accessed by following the same link aforementioned. The webcast will remain on the website for 30 days following the conference.
Shell Vacations Selects Industry Veteran As Regional Director Eastern Region
March 25, 2008 | Leave a Comment
Northbrook Ill – March 25, 2008 – An industry veteran with nearly three decades of vacation ownership experience has been named Regional Director of the Eastern Region for Shell Vacations Club.
As the company’s new Regional Director, Nick Gray will be responsible for developing the eastern region, which currently consists of Carriage Hills and Carriage Ridge Resorts in Barrie, Ontario, Canada. He will be responsible for handling the sales and marketing for these properties and will report directly to Shell Vacations LLC Chairman and CEO Sheldon Ginsburg.
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