FractionalExchange.com Selected By Austria Haus Of Vail For Exchange Requirements
March 17, 2010 by Timeshare & Fractional News · Leave a Comment
FractionalExchange.com has announced that the Austria Haus Club of Vail, Colorado has selected FractionalExchange.com for the vacation exchange requirements of its members. The Austria Haus joins Rocky Mountain resorts The Hemingways, The Deer Valley Club, The Teton Club and Vail Mountain Lodge in affiliating with FractionalExchange.com
The Austria Haus Club was established in 1998 and is located along Gore Creek, just next to Vail’s famous Covered Bridge. Their prime location provides convenient access to all the amenities in Vail Village, as well as quick access to the Vista Bahn chairlift at Vail Mountain.
Paul Nabor, Director of Sales at FractionalExchange.com states, “It is such an exciting opportunity for FractionalExchange.com to partner with The Austria Haus Club. As Vail’s first Private Residence Club, we view it as one of the premier locations within our network. I am excited about the opportunities our affiliation will present to the Club’s members for future exchanges.”
Through a group enrollment arrangement, all Homeowners Association members at The Austria Haus Club are now part of the FractionalExchange.com Gold level membership network. In addition to access to the global exchange network of FractionalExchange.com, owners at The Austria Haus Club now have a convenient method of exchanging use internally to solve fractional rotation needs.
Laura Warren, General Manager of Austria Haus Club of Vail says “We have been looking for the right exchange program for quite some time, and FractionalExchange.com appears it will fit our needs perfectly. The wide variety of properties to exchange within the program combined with its ease of use make it very appealing to The Club and our members. The fact that the person who developed this program is a fractional owner makes us confident that this is a workable solution. We like the fact that there are no hidden fees; it is very straightforward in all aspects.”
Recognized as Vail’s first Private Residence Club, The Austria Haus Club carries a prestigious first place award for International resort architecture and design, as well as the highest platinum ratings from the Vail Valley Tourism and Convention Bureau, as reported on their web site.
“We are so pleased to welcome The Austria Haus Club to the FractionalExchange.com network,” said Evan Julber, FractionalExchange.com CEO. “We look forward to providing The Club’s members with a streamlined solution to their vacation exchange needs, and we are thrilled to provide all FractionalExchange.com members with access to one of the finest properties in the Vail area.”
For additional information regarding this release and the services of FractionalExchange.com, visit http://www.fractionalexchange.com or contact Paul Nabor at 541.306.3180.
About FractionalExchange.com
FractionalExchange.com is a global online owner-to-owner exchange network for owners of upscale vacation residences and fractional properties. The company was established in 2008 by parent company Sierra Holdings, Incorporated, an Oregon Corporation with offices in Bend, Oregon, USA. Servers are located in Chicago, Illinois, USA.
For information on advertising and editorial opportunities with Perspective Magazine & Owners Perspective Magazine; the leading independent B2B & B2C magazines for the timeshare and fractional ownership industries visit www.perspectiverates.com
Email this postMjejane Game Reserve In South Africa Joins Interval International
March 17, 2010 by Timeshare & Fractional News · Leave a Comment
Interval International, a prominent worldwide provider of vacation services and an operating segment of Interval Leisure Group (Nasdaq: IILG), announced the addition of Mjejane Game Reserve to its global exchange network. The property is a breathtaking 10,000 acre (4,000 hectare) reserve within the world famous Kruger National Park.
Mjejane Game Reserve enjoys a privileged location overlooking the Crocodile River, and on completion later this year, will offer unparalleled “big five” game and bird viewing. It will feature a combination of two-, three- and four-bed apartments and is adjacent to the exclusive Mjejane Safari Lodge. Among the planned amenities at the Lodge are an elegant restaurant, pub, spa, gym, and elevated viewing hide, which owners and guests at the Mjejane Game Reserve also can enjoy.
Central to all activities is the proximity of all types of living creatures – from hippopotamuses and giraffes to tortoises to more than 500 species of birds. Guests can see herds of buffalo, elephants, lions, leopards, and numerous other game virtually on their doorstep.
“Mjejane is another significant southern African addition to our network of worldwide resorts,” said Darren Ettridge, vice president resort sales and service for Europe, Middle East, and Africa for Interval International. “This unique property respects the beauty of the existing natural habitat and allows visitors to experience the unspoiled surroundings and reconnect with nature.”
“It is our intention to make this development an international benchmark for the best practice in effective partnerships in the tourism sector,” said Michael Whiting, director of Winchester Marketing, the company handling the sales and promotion of Mjejane. “Timesharing is going to continue to be a holidaying method of choice in South Africa. We knew of the reputation of Interval International and we wanted Mjejane affiliated with them.”
About Interval International
Interval International operates membership programs for vacationers and provides value-added services to its developer clients worldwide. Based in Miami, Florida, the company has been a pioneer and innovator in serving the vacation ownership market for more than 33 years. Today, Interval has an exchange network of more than 2,500 resorts in over 75 nations. Through offices in 16 countries, Interval offers high-quality products and benefits to resort clients and approximately 2 million families who are enrolled in various membership programs. Interval is an operating segment of Interval Leisure Group, Inc. (Nasdaq: IILG), a leading global provider of membership and leisure services to the vacation industry.
About Winchester Marketing
Winchester Marketing has a sound track record spanning nearly two decades and enjoys an impeccable reputation reflecting a commitment to integrity and service delivery. Winchester’s wealth of experience in all forms of leisure property ownership enables it to offer the full spectrum of investment options from conventional timeshare to fractional interests and outright ownerships. In order to ensure the highest level of investor confidence and satisfaction Winchester places a strong emphasis on legal compliance, financial security, geographical appeal, uniqueness of setting and the delivery of an exceptional holiday experience. Timeshare and fractional product options offer both regional and global use benefits through affiliations to exchange international organisations such as Interval International
For information on advertising and editorial opportunities with Perspective Magazine & Owners Perspective Magazine; the leading independent B2B & B2C magazines for the timeshare and fractional ownership industries visit www.perspectiverates.com
The Registry Collection Programme Wins Prestigious Fractional Life Award By Unanimous Judges’ Decision
March 17, 2010 by Timeshare & Fractional News · Leave a Comment
The Registry Collection® exchange programme, the world’s largest luxury exchange network, was honoured to receive the Fractional Life 2010 Services To The Industry Award at the Fractional Life Summit on 19th February.
The criteria for winning The Services to the Industry Award was deemed to be the person or organisation that has done the most to help grow the fractional industry from a business and/or consumer point of view. The Fractional Life expert judging panel is comprised of fractional property experts, editors and industry professionals. Chairman of the judges’ panel and founder of Fractional Life, Piers Brown, said: “When it came to this award, the judges were unanimous in naming The Registry Collection programme the deserving winner. As the first programme to offer fractional developers the attractive option of luxury leisure property exchange, The Registry Collection programme was described by judges as a slick, smart and a savvy way to help both developers and fractional owners. Their marketing is good and attention to detail strong. Equally, the product offered is high-end and lifts the profile of fractional luxury in the marketplace worldwide.”
Gregg Anderson, vice president, The Registry Collection programme, speaking on behalf of his colleagues said: “We’re truly honoured and delighted to receive this accolade from such a respected panel of industry professionals. Our programme is a team effort and I’d like to thank Piers Brown and Fractional Life, industry pioneers like ourselves, who have been instrumental in raising the profile of the fractional industry and providing customers with an authoritative and trusted source of information about our business and a lively online market place for the benefit of everyone involved in the industry.
“A big ‘thank you’ must go to our affiliated developers whose world-class developments and faith in us has given us the opportunity to make The Registry Collection programme the attractive, distinctive and first-class product it is today.”
Nick Turner, VP and head of The Registry Collection programme, Europe, added: “I’d like to join Gregg in thanking our associates and saying how very proud we are to receive this, our second industry award in just a few months. The fractional product has definitely arrived in Europe, enjoying coverage in the UK national and property press as well as attracting a strong attendance at events such as the Fractional Life Expo and Summit, and the OPPLive Event last year. We’re seeing an increase in activity within The Registry Collection programme too, with eight new fractional properties having joined the programme in Europe in the last 12 months.”
- Nick Turner, VP and head of new business development, The Registry Collection, Europe, collecting the FL Services to the Industry award at the Fractional Life Summit.
The Registry Collection programme was launched eight years ago and now has a global network comprising over 30,000 members and more than 130 affiliates on five continents. More than 175 properties are available through The Registry Collection programme and are either accessible for exchange or under development. As the world’s largest luxury exchange programme, it gives developers of luxury leisure properties and second home developments the opportunity to offer their buyers a world of holiday options, as well as a lifestyle experience commensurate with the quality of the property, including 24/7 concierge services, access to exclusive travel and leisure service providers at preferential rates, as well as the ability for those buying off plan to take holidays in a selection of the programme’s affiliated properties while waiting for the keys to their purchased property through the Early Privilege Programme.
About The Registry Collection
The Registry Collection® programme is a global network comprising over 30,000 members and more than 130 affiliates on five continents. More than 175 properties are available through The Registry Collection programme and are either accessible for exchange or under development. As the world’s largest luxury exchange programme, The Registry Collection programme provides members with access to an elite global network of the very finest vacation properties at some of the world’s premier destinations, as well as personal concierge services that are available 24-hours a day. From condo hotels and high-end fractional resorts to private residence clubs and fractional yachts, The Registry Collection programme facilitates exchanges around the world and redefines the vacation experience for owners and developers. The Registry Collection programme is offered by Wyndham Exchange and Rentals, the worldwide leader in vacation exchange and the European leader in vacation rentals and one of the Wyndham Worldwide family of companies (NYSE: WYN). For additional information, visit the media centre at www.wyndhamer.com.
For additional information on the services offered to developers and members by The Registry Collection programme and to learn how it can add value and distinction to leisure real estate projects, visit www.theregistrycollection.com and www.rciventures.com
About Fractional Life®
From a fractional jet to fractional real estate, Fractional Life http://www.fractionallife.com is the number one consumer lifestyle brand dedicated to growing the fractional ownership marketplace. The company has 3 divisions: interactive, fractional B2B and B2C conferences http://www.fractionalsummit.com , http://www.fractionalsummitusa.com and exhibitions http://www.fractionallifeexpo.com.
Dates:
Fractional Summit USA, 31 August – 1 September 2010, InterContinental Hotel, Miami
Fractional Life Expo, 13 – 15 September 2010, Broadgate Event Venues, London
For information on advertising and editorial opportunities with Perspective Magazine & Owners Perspective Magazine; the leading independent B2B & B2C magazines for the timeshare and fractional ownership industries visit www.perspectiverates.com
Over 100 New Resorts In 2009 Welcomed By RCI
March 16, 2010 by Timeshare & Fractional News · Leave a Comment
World’s largest vacation exchange company continues to grow stronger, offering more
value to affiliates
Demonstrating that vacation exchange remains a bright spot in the travel industry, RCI, the global leader in vacation exchange and one of the Wyndham Worldwide family of brands (NYSE: WYN), announced that it added more than 100 new resorts, including 10 properties under development, to the world’s largest vacation exchange network.
Several of the industry’s most powerful and well-renowned brands and their properties were added to RCI’s system in 2009, including the Disney Vacation Club, Fairmont Properties in Canada and Palace Vacation Club in Malaysia.
“Developers understand the importance of working with a quality exchange company that helps them increase sales and lower marketing costs, especially in today’s economy,” said Geoff Ballotti, CEO, RCI. “RCI’s ongoing commitment to providing the most innovative marketing services and solutions has helped us attract high quality new affiliates as never before, and enabled us to continue to grow our membership base.”
After 35 years, RCI continues to be the leader and innovator in the industry, first to market with fresh, new and unique marketing and technology ideas that provide added value for affiliates and improve the member experience. Its legacy of innovation rests on making many “firsts” happen – RCI was the first to launch weeks exchange, the first to offer points exchange, and the first to implement high-end luxury exchange.
In 2008, RCI committed to spending tens of millions of dollars over a three-year period to develop and execute a series of online technology, product and service enhancements that are improving the exchange experience for its subscribing members around the world. In 2009 with the growing popularity of online video, RCI recognized a unique opportunity to use this medium as a marketing tool for its members and prospective timeshare buyers. An online video network available only on RCI.com, RCI® TV offers a broad selection of entertaining and educational content about RCI, its products and services, as well as travel and resort information. The network is designed to help owners get the most out of their RCI subscribing membership and make vacation planning more fun while also introducing new prospects to the benefits of vacation ownership.
Response to RCI TV from both members and affiliates has exceeded expectations with over 100 videos uploaded, including 80 Resort Showcases, and more high-definition video being added on a regular basis to RCI.com. Web share, or the percentage of exchange and rentals transacted online, has increased from 13 percent in the fourth quarter of 2008 to 24 percent in the fourth quarter of 2009. In the last 10 weeks alone, the non-member site has already received over 265,000 visits and the member site has received over 100,000 visits. With developers able to feature their properties, and millions of visitors able to watch RCI-affiliated resorts come to life on the Resort Showcase channel, this tool is already driving greater exchange activity and helping to increase occupancy for RCI-affiliated resorts. To promote the site and help drive increased traffic from newcomers, RCI is investing heavily in advertising and search engine optimization efforts. This includes three commercials currently airing on Resort & Residence TV, a new travel and real estate cable channel which is available to 27 million viewers.
RCI has vastly improved its marketing infrastructure, allowing RCI to showcase more resort photos of its affiliates with higher picture quality, as well as videos and floor plans. This effort supports a recent member survey where respondents ranked “more and bigger resort photos” as the number one feature desired to help them plan or choose a vacation.
Like the Resort Showcase channel on RCI TV, new system capabilities help affiliates better promote their properties and drive higher occupancy.
“We are constantly working to develop new and exceptional marketing and technology ideas that benefit our affiliates and improve the member experience,” added Ballotti. “It’s what our affiliates and members have come to expect from RCI and it’s what we plan to continue to deliver.”
About RCI
RCI is part of Wyndham Exchange and Rentals, the worldwide leader in vacation exchange and the European leader in vacation rentals, with exclusive access for specified periods to more than 65,000 vacation properties in approximately 100 countries.
Wyndham Exchange and Rentals is comprised of vacation exchange, including RCI, the worldwide leader in vacation exchange and provider of travel services to businesses and consumers and The Registry Collection Ò program, the world’s largest luxury exchange program; vacation rentals, including Endless Vacation RentalsÒ, Landal GreenParks®, Novasol®, and other renowned vacation rental brands, through which vacationers can rent a variety of property types, from city apartments to villas; and NorthCourse® Leisure
Real Estate Solutions, a research and consultancy firm providing advisory services to the global 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.wyndhamer.com or the media center of www.wyndhamworldwide.com.
For information on advertising and editorial opportunities with Perspective Magazine & Owners Perspective Magazine; the leading independent B2B & B2C magazines for the timeshare and fractional ownership industries visit www.perspectiverates.com
Pacifico Diamante Private Residence Club In Acapulco Welcomed By Interval International To Its Global Resort Network
March 16, 2010 by Timeshare & Fractional News · Leave a Comment
Interval International, a prominent worldwide provider of vacation services and an operating segment of Interval Leisure Group (Nasdaq: IILG), today announced that Pacifico Diamante Private Residence Club in Acapulco has joined its exchange network.
The property will feature 200 three- and four-bedroom fractional units being built in five phases during the next several years. They have been designed with a sophisticated contemporary décor and feature spacious dining and living rooms, marble floors, fully equipped gourmet kitchens with granite countertops and stainless steel appliances, state-of-the-art electronics, Wi Fi Internet access, and private outdoor terraces.
“Pacifico Diamante will provide our members with the opportunity to experience Acapulco — one of Mexico’s oldest and most iconic vacation destinations — from a new vantage point,” noted Marcos Agostini, Interval International’s vice president for Latin America, resort sales and service. “The resort is located in the upscale area of Acapulco Diamante and members will have easy access to some of the city’s finest restaurants and cafés, fashionable boutiques, and nightlife.”
“Our company’s experience in building multiple high-quality residential projects throughout Mexico has served us well in developing our first fractional property,” said Armando Hubard, president of Olazar S.A. de C.V., the owner of Pacifico Diamante Private Residence Club. “The objective is to position Pacifico Diamante as a luxury family resort and offer owners and guests a home away from home with excellent service.”
The complex’s modern buildings are set in manicured gardens around a central courtyard with a swimming pool and children’s splash pool. Plans call for a private beach club, restaurant, tennis courts, paddle tennis, gym, sauna, spa, concierge service, and other amenities to be available upon completion of the first phase.
Acapulco’s roots go back to the time of the Aztecs and Spanish explorers in the 16th century. Renowned for its legendary cliff divers and dramatic setting on Acapulco Bay, today the city is a very popular vacation spot with picture-perfect beaches, endless water sports, gourmet restaurants, and dusk-till-dawn nightlife.
About Interval International
Interval International operates membership programs for vacationers and provides value-added services to its developer clients worldwide. Based in Miami, Florida, the company has been a pioneer and innovator in serving the vacation ownership market for more than 33 years. Today, Interval has an exchange network of more than 2,500 resorts in over 75 nations. Through offices in 16 countries, Interval offers high-quality products and benefits to resort clients and approximately 2 million families who are enrolled in various membership programs. Interval is an operating segment of Interval Leisure Group, Inc. (Nasdaq: IILG), a leading global provider of membership and leisure services to the vacation industry.
For information on advertising and editorial opportunities with Perspective Magazine & Owners Perspective Magazine; the leading independent B2B & B2C magazines for the timeshare and fractional ownership industries visit www.perspectiverates.com
RCI’s Big Reveal On Growth Of Leisure Real Estate In Asia
March 16, 2010 by Timeshare & Fractional News · Leave a Comment
RCI, the global leader in vacation exchange and one of the Wyndham Worldwide family of companies (NYSE: WYN), will host senior executives and decision makers in the hospitality and leisure real estate industries at the RCI® Asia Leisure Real Estate Symposium on 22-23 April 2010 in Singapore where RCI will reveal the secrets of successful vacation exchange.
“The BIG Reveal” Symposium is a response to an emerging interest in vacation ownership in Asia, which is anticipated to attain greater momentum over the next few years. As the largest vacation exchange network in the world that continues to revolutionize the vacation exchange experience for leisure real estate developers and leisure travelers with service and product innovations, RCI recognizes the rising demand for quality leisure real estate models to capture this growth.
“We are noticing a strong and growing interest in vacation ownership products in Asia as holiday makers become more sophisticated and discerning and are seeking a differentiated vacation experience with quality accommodations,” said Geoff Ballotti, CEO, RCI. “We believe that now is a great time for leisure real estate owners and developers to invest in and create vacation ownership products to catch the upswing in Asia. As the pioneer in vacation exchange, RCI has the expertise, experience and solutions to help leisure real estate owners and developers enhance the value of their assets and offer an outstanding proposition to consumers while revolutionizing their vacation experience.”
The two-day event will be held at the Pan Pacific Singapore where attendees will participate in a series of forums, panel discussions and workshops focusing on the development of vacation ownership in Asia and around the world. Symposium topics will focus on vacation ownership trends and opportunities, fractional real estate and ownership, cross-border success and sustainability, customer engagement and social media, legal framework and expert insight on building a successful vacation ownership business.
Key speakers and experts include:
• “A Global Overview of Vacation Ownership Industry and Asia Market Insights” by Dr. Richard L. Ragatz, President, Ragatz Associates;
• “Thinking the Future of Leisure Hospitality: Challenges for Asia” by Dr. Russell Arthur Smith, Interim Dean, Cornell-Nanyang Institute of Hospitality Management, Nanyang Technological University, Singapore;
• “Finding a Competitive Advantage in the Global Luxury Market” by Frank M. Pfaller, Chief Executive Officer, Selected Hotels Promotion L.C.; and
• “State of the Industry & Tourism in Singapore” by Justin Chew, Executive Director, F1 Sports & Hospitality, Singapore Tourism Board.
Prior to the Symposium, a half-day interactive and informative workshop on “Sales and Marketing Techniques for a Successful Vacation Ownership Business” conducted by Dan King, one of the industry’s most recognizable trainers and consultants, will be held at the Suntec Singapore International Convention and Exhibition Centre on 21 April.
“The BIG Reveal Symposium is aimed at experts, industry and business leaders to facilitate discussion of initiatives that boost the growth of vacation ownership, share invaluable insights, explore innovative leisure real estate models and transform the leisure experience for travelers,” said Adrian Lee, managing director, RCI Asia. “We will reveal effective solutions that will unleash asset value in leisure real estate and the sustainable success of vacation ownership. We believe that the RCI Asia Leisure Real Estate Symposium is the much needed platform that will drive a concerted effort towards the growth of vacation ownership in Asia and benefit leisure real estate owners in finding a competitive advantage through vacation ownership.”
For online registration and further information please visit www.rciasia-symposium.com, email: rci@ap-comms.com or phone: +65 6411-9632.
About RCI
RCI is part of Wyndham Exchange and Rentals, the worldwide leader in vacation exchange and the European leader in vacation rentals, with exclusive access for specified periods to more than 65,000 vacation properties in approximately 100 countries. Wyndham Exchange and Rentals is comprised of vacation exchange, including RCI, the worldwide leader in vacation exchange and provider of travel services to businesses and consumers and The Registry Collection program, the world’s largest luxury exchange program; vacation rentals, including Endless Vacation Rentals, Landal GreenParks®, Novasol®, and other renowned vacation rental brands, through which vacationers can rent a variety of property types, from city apartments to villas; and NorthCourse® Leisure Real Estate Solutions, a research and consultancy firm providing advisory services to the global 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.wyndhamer.com or the media center of www.wyndhamworldwide.com.
For information on advertising and editorial opportunities with Perspective Magazine & Owners Perspective Magazine; the leading independent B2B & B2C magazines for the timeshare and fractional ownership industries visit www.perspectiverates.com
Yachtplus Launches Its Second Super-Yacht, “Ocean Pearl”
March 16, 2010 by Timeshare & Fractional News · Leave a Comment
Leading fractional ownership super-yacht company YachtPlus last week launched the second yacht of its four yacht fleet in La Spezia, Italy. Christened Ocean Pearl, this stunning 41 metre yacht, identical to its Norman Foster designed sister yacht Ocean Emerald, will operate a series of cruises throughout the Mediterranean during the summer of 2010 and the Caribbean in the winter of 2011.
“We are delighted with the response from the owners who spent this summer on Ocean Emerald and are extremely optimistic about the future of the next three yachts that will continue to grow the YachtPlus fleet. The many enquiries we have received over the past few months and the very positive comments from current owners is a testament to the concept of fractional ownership which is rapidly becoming acknowledged as the most financially astute way in which to own a super-yacht,” said John Hare, Chairman of YachtPlus. “These are challenging financial times and increasingly more people, many former sole yacht owners, are turning to fractional ownership as the most cost effective, stress-free and viable way to own a luxury super-yacht,” he added.
This type of ownership allows members to maintain a prestigious and luxurious lifestyle at a fraction of the cost of sole ownership thereby freeing up capital for other forms of asset ownership that would otherwise be invested as a sole yacht owner. One of the major attractions of YachtPlus fractional ownership is that it removes all the hassles, concerns, unforeseen financial pitfalls and very substantial annual running costs incurred via sole ownership. The third yacht of the fleet, Ocean Sapphire is due to be launched in May 2010 and the fourth, as yet unnamed, is scheduled to enter service at the beginning of 2011. All four yachts, identical in design by world renowned architect Norman Foster, are being built at the Rodriquez Cantieri Navali boat yard in Sarzana, Italy and will initially spend the summer months in the Mediterranean and the winter in the Caribbean and will offer total exclusivity, privacy and pleasure to those participating.
Joining the YachtPlus Programme
The company is offering a 1/8th share in one of the four yachts with a buy-in fee of € 1.875.000. This will give the owners 30 nights a year onboard split between the Mediterranean and the Caribbean. Alternatively those wishing to only purchase a half fraction – 1/16th share – it will cost € 975.000 and give the owners 15 nights a year onboard again split between the Caribbean and Mediterranean. It is estimated that there will be an annual management fee of € 200.000 for a 1/8th share and € 100.000 for a 1/16th which will cover all year round maintenance, a permanent crew of seven, marine and hotel operations, 24/7 lifestyle management, transoceanic crossings , port charges and cruise itinerary management. Once the fleet is complete owners will have the option of sailing on any one of the four yachts. The fleet may expand to include other kinds of vessels in the near future. The term of contract will be for eight years after which the yachts will be sold and the owners will receive full pro-rated proceeds of the sale.
Key Benefits of Membership
- 24/7 concierge service available to handle all requests including bookings, itineraries, transport, shore excursions, hotels and so on
- Limited number of owners ensures high availability
- Cost of membership is a fraction of the cost of sole ownership
- One of the world’s most contemporary and futuristic yacht designs
- Exclusive and luxurious lifestyle offering the ultimate in hospitality, service and comfort
- Unique interior designed by Norman Foster
- Ability to visit small ports and islands
- Flexibility and variety of destinations
For information on advertising and editorial opportunities with Perspective Magazine & Owners Perspective Magazine; the leading independent B2B & B2C magazines for the timeshare and fractional ownership industries visit www.perspectiverates.com
Renewal Of Hilton Grand Vacations Affiliation Agreement For Vacation Exchange Services Announced By RCI
March 16, 2010 by Timeshare & Fractional News · Leave a Comment
RCI, the worldwide leader in vacation exchange, today announced they have renewed their long-standing affiliation with Hilton Grand Vacations, a premier vacation ownership company.
“For 17 years Hilton Grand Vacations has been a fantastic industry partner offering quality vacation destinations to our 3.8 million members,” said Geoff Ballotti, CEO, RCI. “This renewal of our affiliation allows us to continue our great working relationship and offer both RCI® Members and Hilton Grand Vacations Club Members the vacation experiences they desire.”
Headquartered in Orlando, Florida, Hilton Grand Vacations has 50 RCI affiliated resorts in their portfolio of developed and managed properties and more than 150,000 Club Members. As the vacation ownership division of Hilton Worldwide, Hilton Grand Vacations develops, markets and operates spectacular properties in some of the world’s most celebrated destinations. The company also manages and operates club membership programs tailored to provide vacation exchange, leisure travel and reservation services.
“Through the years, Hilton Grand Vacations and RCI have collaborated to enhance our respective membership programs with unique advantages,” said Kim Robert Kreiger, Senior Vice President - Club and Resorts, Hilton Grand Vacations. “When we dream big, RCI always steps up to help us bring our owners’ vacation experiences to the next level. As a result, our travel advantages remain unique, flexible and ever-evolving. Our successful legacy of affiliation with RCI is defined by years of trust and a shared commitment to bring dynamic ideas to life. We look forward to the innovations ahead.”
About RCI
RCI is part of Wyndham Exchange and Rentals, the worldwide leader in vacation exchange and the European leader in vacation rentals, with exclusive access for specified periods to more than 65,000 vacation properties in approximately 100 countries. Wyndham Exchange and Rentals is comprised of vacation exchange, including RCI, the worldwide leader in vacation exchange and provider of travel services to businesses and consumers and The Registry Collection program, the world’s largest luxury exchange program; vacation rentals, including Endless Vacation Rentals, Landal GreenParks®, Novasol®, and other renowned vacation rental brands, through which vacationers can rent a variety of property types, from city apartments to villas; and NorthCourse® Leisure Real Estate Solutions, a research and consultancy firm providing advisory services to the global 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.wyndhamer.com or the media center of www.wyndhamworldwide.com.
About Hilton Grand Vacations
Hilton Grand Vacations Company, LLC is a division of Hilton Worldwide, the leading global hospitality company spanning the lodging sector from luxurious full-service hotels and resorts to extended-stay suites and mid-priced hotels. For more than 90 years, Hilton Worldwide has been offering business and leisure travelers the finest in accommodations, service, amenities and value. The company is dedicated to continuing its tradition of providing exceptional guest experiences across its global brands. Its brands are comprised of more than 3,500 hotels in 81 countries and include Waldorf Astoria Hotels & Resorts, Conrad Hotels & Resorts, Hilton, Doubletree, Embassy Suites Hotels, Hilton Garden Inn, Hampton Inn & Suites, Homewood Suites by Hilton, Home2 Suites by Hilton and Hilton Grand Vacations. The company also manages the world-class guest reward program Hilton HHonors®
Headquartered in Orlando, Florida, Hilton Grand Vacations develops, markets and operates a system of high-quality vacation ownership resorts in select premier destinations. The company also operates two innovative club membership programs, Hilton Grand Vacations Club® and The Hilton Club® providing exclusive exchange, leisure travel, and reservation services for more than 150,000 Club Members.
For more information, please visit www.hiltongrandvacations.com and www.hiltonworldwide.com.
For information on advertising and editorial opportunities with Perspective Magazine & Owners Perspective Magazine; the leading independent B2B & B2C magazines for the timeshare and fractional ownership industries visit www.perspectiverates.com
New Bali Property Added To Global Exchange Network
March 16, 2010 by Timeshare & Fractional News · Leave a Comment
Peninsula Bay Resort Chooses Interval International
Interval International, a prominent worldwide provider of vacation services and an operating segment of Interval Leisure Group, Inc (Nasdaq: IILG), has added the Peninsula Bay Resort, situated on the Indonesian island of Bali, to its resort network. It is the latest vacation ownership property developed by British entrepreneurs, Roger and Alan Thomas, and is located on the waterfront of Nusa Dua overlooking the golden sand beaches of Benoa Bay.
“We have had an excellent partnership with the Thomases since they affiliated Peninsula Beach Resort with Interval more than 10 years ago,” said Joe Hickman, Interval International’s executive director for Asia Pacific. “We look forward to working with them on the new Peninsula Bay Resort, which is certain to prove as remarkable.”
Upon completion, the purpose-built project will feature 65 one- and two-bedroom units, all with sea-facing views. The resort is being built using contemporary Balinese architecture and is set within lush tropical gardens to create an eco- friendly atmosphere. The new property is just a five-minute drive from Peninsula Beach Resort, with shuttle service between the two, so that owners are free to enjoy the amenities at both.
“Our second resort in Bali, Peninsula Bay Resort, offers unrivalled spaciousness and luxurious comfort in an idyllic tropical setting,” Roger Thomas offered. “From our years of experience, we know that only one exchange company is capable of providing the highest standard and quality of services, along with exchange accommodations commensurate with our members’ expectations and requirements. Not surprisingly, we chose to affiliate with Interval International so that our members could enjoy the benefits and the efficient and caring service that the company unfailingly provides.”
Planned amenities at the new property are an on-site spa, swimming pool, gym, two restaurants, and three bars. In nearby Nusa Dua, there are a number of golf courses, water sport offerings that include surfing and scuba diving, and day trips to Serangan Island, a local turtle conservation area. Visitors can also shop at the Bali Collection, with its selection of upscale shops and restaurants.
Further reinforcing the value of ownership, new purchasersat Peninsula Bay Resortwill be enrolled as individual members of Interval International, as well as Interval Gold®, its upgraded membership programme. This gives them the opportunity to exchange their accommodations for those at other resorts in Interval’s worldwide network, as well as the ability to relinquish their resort weeks toward the purchase of cruise, golf, and spa vacations. They also will enjoy an extensive menu of benefits, including discounts on resort Getaways, ShortStay Exchangesm, access to a personal concierge service available 24 hours a day via phone and e-mail, complimentary Hertz #1 Gold® membership, worldwide hotel and dining discounts, and the complimentary services of Traveller’s Assistance, providing peace of mind when travelling.
About Interval International
Interval International operates membership programs for vacationers and provides value-added services to its developer clients worldwide. Based in Miami, Florida, the company has been a pioneer and innovator in serving the vacation ownership market for more than 33 years. Today, Interval has an exchange network of more than 2,500 resorts in over 75 nations. Through offices in 16 countries, Interval offers high-quality products and benefits to resort clients and approximately 2 million families who are enrolled in various membership programs. Interval is an operating segment of Interval Leisure Group, Inc. (Nasdaq: IILG), a leading global provider of membership and leisure services to the vacation industry.
For information on advertising and editorial opportunities with Perspective Magazine & Owners Perspective Magazine; the leading independent B2B & B2C magazines for the timeshare and fractional ownership industries visit www.perspectiverates.com
Lifestyle Holidays Vacation Club, Dominican Republic, Receives Top Producer Award Second Consecutive Year From Group RCI
March 16, 2010 by Timeshare & Fractional News · Leave a Comment
Lifestyle Holidays Vacation Club (LHVC), located in Puerto Plata on the North Coast of the Dominican Republic, has received Group RCI’s prestigious Top Producer Award for the second year in a row for outstanding sales performance. RCI, a worldwide leader in timeshare and vacation exchanges with more than 3.5 million members globally, presents the award annually to resorts reporting a higher number of new enrollments per region.
“We are honored that Group RCI selected us once again to receive this special designation,” said Markus Wischenbart, President of Lifestyle Holidays Vacation Club, after personally receiving the award from Eugenio Macouzet, Senior Vice President for RCI Caribbean. “We consider it a tremendous achievement to remain among the Top 5 top producers in the region.”
The Lifestyle Holidays Vacation Club Resort encompasses five distinct products: The Tropical, The Crown Suites, The Crown Villas, The Residence Suites and the new Presidential Suites. From hotel accommodations to stand alone villas, all guests have access to five swimming pools, nightly entertainment, spa, beach, tennis and more. Lifestyle Holidays Vacation Club VIP Members have access to “members only” facilities such as restaurants, bars, swimming pools, exclusive beach areas, as well as golf carts, limousine transfers and helicopter tours.
Lifestyle Holidays Vacation Club members, guests and their families have a wide variety of activities available to them in the Dominican Republic’s North Coast. Next door is the Ocean World Adventure Park with its daily animal and aquatic and casino. Other activities in the area include a cable car ride to the peak of Mount Isabella de Torres, white water rafting, horseback riding, deep sea fishing, boating, snorkeling, monster truck safaris and city tours of Puerto Plata, named in 2008 as one of the 53 best destinations in the world by The New York Times. For more Lifestyle Holidays Vacation Club information, go to www.lifestyleholidaysvc.com or call (809) 970-7777.
For information on advertising and editorial opportunities with Perspective Magazine & Owners Perspective Magazine; the leading independent B2B & B2C magazines for the timeshare and fractional ownership industries visit www.perspectiverates.com
Members-Only Online Social Network Launched By Interval International
March 16, 2010 by Timeshare & Fractional News · Leave a Comment
Interval International, a prominent worldwide provider of vacation services and an operating segment of Interval Leisure Group (Nasdaq: IILG), today announced the planned launch of Interval Community, an online network designed to provide the 1.8 million members of the Interval Network a platform to share their love of vacation ownership, travel, and social networking. Scheduled to go live on IntervalWorld.com this spring, this members-only forum is a natural extension of Interval’s commitment to its member community.
“Our members travel extensively and have told us they are highly engaged in social networking. This exclusive forum will connect members allowing them to share their expertise in travel, Interval membership, and everything related to vacation ownership. We think this is important because these kinds of connections foster loyalty, provide members with a valuable travel resource, and ultimately build equity in the Interval brand,” said Jeanette Marbert, Interval International’s chief operating officer.
Members will have lots of reasons to connect to the Interval Community. It will become the place for members to share travel tips, gather exchange advice, post vacation photos, and get information on resort amenities and services from other members.
“Once established, the Interval Community should give Interval families a rich planning tool full of great travel information that is provided to them by a trusted source — their fellow members,” added David Meier, Interval’s assistant vice president of new product development. “Based on what other hospitality companies have experienced when launching a social networking site, IntervalWorld.com should see increases in the average time spent on the site, more visitors, a greater number of page views per session, and a reduction of non-revenue producing calls to the Member-Services Center.”
About Interval International
Interval International operates membership programs for vacationers and provides value-added services to its developer clients worldwide. Based in Miami, Florida, the company has been a pioneer and innovator in serving the vacation ownership market for more than 33 years. Today, Interval has an exchange network of more than 2,500 resorts in over 75 nations. Through offices in 16 countries, Interval offers high-quality products and benefits to resort clients and approximately 2 million families who are enrolled in various membership programs. Interval is an operating segment of Interval Leisure Group, Inc. (Nasdaq: IILG), a leading global provider of membership and leisure services to the vacation industry.
For information on advertising and editorial opportunities with Perspective Magazine & Owners Perspective Magazine; the leading independent B2B & B2C magazines for the timeshare and fractional ownership industries visit www.perspectiverates.com
SPI Orange Software Chosen By Costa Rica-Based Timeshare Resort
March 16, 2010 by Timeshare & Fractional News · Leave a Comment
Costa Rica-based OSA Resort Club, is the latest company to join with SPI Software as a valued customer. OSA Resort Club has licensed the SPI Orange Enterprise Vacation Ownership Suite including integrated modules for marketing, sales, mortgage and maintenance fee servicing, central reservations, property management and operations.
Matt Brosious, Vice-President of sales for SPI states, “We are very proud to have been selected by OSA Resort Club as their technology platform. Developers are making SPI their overwhelming choice as the benefits of SPI’s easy user interface, quick implementation and rich functionality is a distinct strategic and competitive advantage.”
Paula Mead, General Manager for OSA Resort Club adds” I chose SPI Orange after carefully evaluating available software. SPI has everything we needed for both now and the future, ‘out of the box,’ without additional customization.”
SPI Orange can be deployed on a modular basis for an individual department or as an integrated enterprise suite that is available as a software-as-a-service (SaaS) or as a traditional client-based package. For companies wanting additional information, please visit SPI at ARDA Booth 343 during the ARDA national convention March 15-18th or email sales@spisoftware.com.
About OSA Resort Club
OSA is a new and exciting resort concept that combines aspects of a private club with a membership resort. The resort club is located on the Pacific coast of Costa Rica near Puerto Jimenez and will feature many exciting amenities. For further information visit http://www.osaresortclub.com/osaresortclub.html.
About SPI Software
SPI Software provides developers and operators of vacation ownership (timeshare, fractional, private residence club and others using either traditional or points-based usage strategies) with Microsoft .NET-based software as either an enterprise suite of software called Orange Systems, or in specific modules to handle marketing, sales, property management, finance, maintenance fee and receivables servicing, centralized reservations or Website access operations. Founded in 1978 and based in Miami, FL, SPI can be reached at 305-858-9505, sales@spiinc.com or www.spisoftware.com.
For information on advertising and editorial opportunities with Perspective Magazine & Owners Perspective Magazine; the leading independent B2B & B2C magazines for the timeshare and fractional ownership industries visit www.perspectiverates.com
13 Local Addy Awards Won By Brand Tango
March 11, 2010 by Timeshare & Fractional News · Leave a Comment
Now Eligible for Regional Recognition
For Brand Tango, a Ft. Lauderdale, Fla.-based marketing, technology and design firm, 2010 is off to a promising start. After winning a national Gold Addy award from the American Advertising Federation in 2009, Brand Tango has won 13 Addy Awards in last weekend’s Ft. Lauderdale and Miami local competitions, the first step toward national honors.
At the Ft. Lauderdale show, work by Brand Tango vice president and creative director James Kluetz took home Best in Print and Best in Show honors in addition to six Gold and four Silver Addys. Kluetz entered one project in the Miami competition and won a Gold Addy for that entry.
Both competitions qualify the firm to move forward toward a national Addy from the American Advertising Federation. With more than 50,000 entries annually, the ADDY Awards are the world’s largest advertising competition and arguably one of the toughest, with three tiers of competition.
“It’s a thrill to see our work recognized by our peers,” says Joe Russoniello, Brand Tango’s president and co-founder. “Especially since this is an awards program administered by the advertising industry for the industry.”
Among Brand Tango clients whose projects were honored was Hacienda Tres Rios Resort. A new member point-of-sale kit for Hacienda Tres Rios Resort won Best in Print. Other clients with winning projects are Premier Cancun Vacations, Neoptx, Floridays Vacation Club, Royal Resorts Caribbean, a Sunset World/RCI Web site and AutomaticMe.com, which won for a social networking Web site developed by Brand Tango.
Winning a Gold in the Miami competition was a project for Fastkit Corp., which Kluetz designed in association with Brand Tango’s partner agency Pinpoint Communications of Deerfield, Fla., where he also serves as vice president and creative director.
“We’re grateful to our clients for entrusting us with their brand and image,” Kluetz says. “In these challenging times, we know that what matters is return on investment, and these projects delivered.”
In addition to Brand Tango’s Best in Show Print, Kluetz’s creative direction for Brand Tango’s partner agency, Pinpoint Communications, took home Best in Show overall for a Magaritaville Tailgating Dealer Promotion sales kit for Jarden Consumer Solutions.
This recognition comes as Brand Tango heads into the American Resort Development Association’s awards gala in Las Vegas on March 17, where it’s a finalist for 14 Gold ARDY Awards.
For information on advertising and editorial opportunities with Perspective Magazine & Owners Perspective Magazine; the leading independent B2B & B2C magazines for the timeshare and fractional ownership industries visit www.perspectiverates.com
Resort Management Green Initiatives Surveyed by CustomerCount®
March 11, 2010 by Timeshare & Fractional News · Leave a Comment
Progress Results From Customer Count © Online System Shows Water Conservation at Top of Resort Managers List
CustomerCount©, in partnership with the American Resort Development Association (ARDA) and Triton Timeshare Software has launched a survey to ascertain the resort industry’s property management commitment and direction when it comes to Green Initiatives. The survey which was emailed to over 18, 000 hospitality professionals has provided some initial results, according to Bob Kobek, President of Mobius Vendor Partners’ creator of the CustomerCount feedback system.
Preliminary tabulations from the real time, online feedback provided by the CustomerCount survey show that when it comes to “going green” at their resorts, 80% of those participating are concentrating on water conservation, particularly in the area of internal plumbing, as well as refurbishing showers and toilets to become more water efficient. Nearly as high on the list of green efforts was trash recycling; according to the cross tabulation report, only 20% of resorts responding were not recycling their trash. Among those who have been, most definitely separated paper and cardboard from the balance of their trash. Only 67% responded they separated the aluminum.
The survey also looked at such efforts as HVAC Monitoring, Lighting and Building Materials. The lightest in the area of a green commitment (for 2010 plans) is still building materials, where answers were divided 43% (yes) and 67% (no). This may be due to the lack of plans for total build outs as well as larger remodeling plans.
The survey continues to be available on line until the end of March; it will also be online at the Triton Timeshare Software booth, and various Wi-Fi locations at the American Resort Development Association convention at the Venetian Resort Hotel Casino in Las Vegas, NV from March 14-18.
In order to encourage vital responses all timeshare professionals responding to this survey will have a tree planted in their honor by Arbor Day Foundations as part of its “Replanting Our Forests” campaign.
The project is designed to support ARDA’s Sustainability/Green Design Group committee to help establish the future direction of the committee’s focus.
The CustomerCount Online Feedback process began with Email invitations and reminders and continues through to on-line reporting and analysis 24/7. It has been customized for this survey. Originally designed by Mobius Vendor Partners for its client RCI, the Online Feedback system collects and measures feedback from customers and can be designed, such as in this case, for other market measuring campaigns as well.
The Customer Count Survey is available at https://www.customercountsurveys.com/front/TheTrades/
Mobius Vendor Partners is a ten year old business process design and management company specializing in servicing the needs of the timeshare industry. Mobius principals are active in ARDA through sponsorships and committee memberships. For more information visit www.mobiusvp.com or call 317-816-6000.
Triton, founded in 1997 under the name Sarasota Software Solutions, is used by such resorts as Tropic Shores, Daytona Bch, FL and The Galleon (Key West), Scottsdale Camelback Resorts (Scottsdale, AZ), Whiski Jack Resorts (Whistler, Canada), Magens Point (St. Thomas) and the Goodmanagement, (New Port News, VA) to name a few. In addition to RAL Resorts, Triton recently signed Emerald Island Condominiums (Hot Springs, AK) and Bayan Resort (Key West). For more information visit the web site at www.timesharesoftware.com .
For information on advertising and editorial opportunities with Perspective Magazine & Owners Perspective Magazine; the leading independent B2B & B2C magazines for the timeshare and fractional ownership industries visit www.perspectiverates.com
CFO Of ResortCom International Named As Luis Lara
March 11, 2010 by Timeshare & Fractional News · Leave a Comment
ResortCom International, the pioneer in providing servicing solutions in the Shared Ownership Industry has named Luis Lara as Senior Vice President and Chief Financial Officer. Operating on a Global scale with extensive multicurrency and multicultural capabilities, ResortCom is a 25 year old company with a menu of products and services that expands the full spectrum of business processes. In his new role at ResortCom, Luis Lara will oversee financial operations for both the company’s Financial Services and Technology Division and Tapestry Resorts Management Division and participate actively in ResortCom’s Strategic Planning, Special Projects and Business Development efforts, particularly in the Latin American market.
Mr. Lara was formerly Managing Director for all of RCI Latin America and Chief Executive Officer for Grupo Costamex. Prior to that, he served as Chief Financial Officer for Grupo Real Turismo, which owned and managed the Camino Real – Westin hotels and resorts, the Calinda – Choice hotels and resorts and Club Maeva and the Casolar holdings in Manzanillo. He holds an MBA from the prestigious Instituto Tecnológico Autónomo de México and has participated in executive programs in the Cornell Hotel School, the University of California at Berkeley and the Massachusetts Institute of Technology.
According to Jeff Healy, President of ResortCom, “We have refocused our efforts to simplify our corporate structure between two operating divisions. With Luis Lara’s in-depth business expertise, we expect both divisions to more fully expand its role providing services for both U.S. and International markets. We are proud to add Luis to our highly seasoned group of executives who know what works for a variety of business models domestically and internationally.”
ResortCom’s Financial Services and Technology Division provides Receivables Servicing on timeshare and fractional loans and maintenance fees. It is widely regarded as a top performer in Portfolio Management exemplified in healthy portfolios, low delinquencies and foreclosures. In addition to loan receivables servicing and portfolio management, ResortCom also specializes in Maintenance Fee Billing and Collections, Merchant Credit Card Services, Tax Withholding Trust Administration, Custodial Services and Lender Support.
ResortCom’s Hospitality, Reservations, Rental and Club Services Division, now known as Tapestry Resorts, is a full service Hospitality Management Company offering resort management, rental, reservations and travel services to the vacation ownership, fractional and luxury resort industry. Tapestry Resorts also brings sophisticated reservations systems to its clientele and effective yield management with strong rental solutions to its resort clients. Tapestry Resorts applies a comprehensive, yet cost effective, suite of superior technology, distribution strategies, and sales and marketing tools to maximize ADR’s and occupancies to enhance the profitability of its clients.
“ResortCom’s exceptional technology capabilities and in-depth industry understanding of important features such as online web/member reservations and payment processing and real time access to all reporting and member data is just the tip of the iceberg in what we have to offer. Over the next year the industry will see some exciting changes from us as we streamline our company and its services,” said Lara.
For more information about ResortCom International, visit www.resortcom.com or call Alejandro Lara at 619-683-2470, ext. 1685.
For information on advertising and editorial opportunities with Perspective Magazine & Owners Perspective Magazine; the leading independent B2B & B2C magazines for the timeshare and fractional ownership industries visit www.perspectiverates.com
Wyndham Worldwide Named To FORTUNE Magazine’s Most Admired Companies List
March 11, 2010 by Timeshare & Fractional News · Leave a Comment
Wyndham Worldwide (NYSE:WYN) has again been listed as one of FORTUNE Magazine’s Most Admired Companies for 2010.
For the third consecutive year, Wyndham Worldwide is a leader in their industry, scoring consistently on the Most Admired list in the hotels, casinos and resorts category. The Company, which is a little more than three years old, joins several other global organizations who were also named Most Admired in other categories, including Google, Johnson & Johnson, IBM and Honeywell International.
“For Wyndham Worldwide to once again be recognized by its peers and ranked so highly in our category is an honor,” said chairman and chief executive officer Stephen P. Holmes. “Given the challenges that 2009 presented, this news is especially gratifying. We are a company driven by our mission to be the leader in travel accommodations by welcoming our guests through our signature “Count on Me!” service. This valuable acknowledgement confirms that we are indeed headed in a great direction.”
To produce the listings, 15,000 top executives, directors and analysts were asked to rate all FORTUNE 1,000 companies in their own industry on eight criteria. A company’s score must rank in the top half of its industry survey to appear in the listing and only the best are listed as a Most Admired Company. The full list of companies will appear in next week’s edition of FORTUNE.
About Wyndham Worldwide Corporation
As one of the world’s largest hospitality companies, Wyndham Worldwide offers individual consumers and business-to-business customers a broad suite of hospitality products and services across various accommodation alternatives and price ranges through its premier portfolio of world-renowned brands. Wyndham Hotel Group encompasses approximately 7,110 franchised hotels and approximately 597,700 hotel rooms worldwide. Wyndham Exchange and Rentals offers leisure travelers, including its 3.8 million members, access to over 65,000 vacation properties located in approximately 100 countries. Wyndham Vacation Ownership develops, markets and sells vacation ownership interests and provides consumer financing to owners through its network of over 155 vacation ownership resorts serving over 820,000 owners throughout North America, the Caribbean and the South Pacific. Wyndham Worldwide, headquartered in Parsippany, N.J., employs approximately 25,000 employees globally.
For more information about Wyndham Worldwide, please visit the Company’s web site at www.wyndhamworldwide.com.
For information on advertising and editorial opportunities with Perspective Magazine & Owners Perspective Magazine; the leading independent B2B & B2C magazines for the timeshare and fractional ownership industries visit www.perspectiverates.com
20-Year Relationship Celebrated With Long-Term Renewal Between Interval International And Marriott Vacation Club
March 11, 2010 by Timeshare & Fractional News · Leave a Comment
Interval International, a prominent worldwide provider of vacation services and an operating segment of Interval Leisure Group, Inc. (Nasdaq: IILG), today announced the renewal of its master affiliation agreement with Marriott Vacation Club International, the timeshare division of Marriott International, Inc. (NYSE: MAR). The multi-year agreement extends the relationship first established in 1990 between two leaders in the shared ownership industry, each highly regarded for their commitment to quality, exemplary customer service, and innovation.
Interval will continue to provide Marriott Vacation Club owners with both internal and external vacation exchange services, as well as an array of other leisure programs and benefits that reinforce the value proposition of their purchase. These include offering the option of trading their accommodations for a resort within the Marriott portfolio or from among the 2,500-plus resorts in Interval’s worldwide network. In turn, other Interval members have the opportunity to exchange into Marriott Vacation Club’s beach, ski, golf, spa, and themed-entertainment resorts in internationally recognized vacation destinations.
“We have worked collaboratively with Marriott for the past two decades on ground-breaking initiatives that have been instrumental in the growth of both businesses and of the vacation ownership industry,” said Craig M. Nash, chairman, president, and chief executive officer of Interval Leisure Group, parent company of Interval International. “It has been very rewarding to share a common vision based on quality and integrity in everything we do.”
“Interval has played an integral part in helping fulfill Marriott’s brand promise. For 20 years, we have created memorable vacations together and exceeded owners’ expectations,” said Stephen P. Weisz, president of Marriott Vacation Club International. “We look forward to continuing our partnership with the Interval team and introducing exciting innovations that will further enhance our owners’ experiences.”
Marriott Vacation Club has more than 400,000 owner families and a portfolio of 52 resorts in 33 destinations throughout the U.S., Caribbean, Europe, and Asia. The company recently celebrated the opening of its latest resort, Marriott’s Oceana Palms – The Palm Beaches on Singer Island in Riviera Beach, Florida. From its beginning as the first hospitality firm to enter the timeshare industry, Marriott’s innovations and impact on vacation ownership have helped shape the dynamic industry it is today.
About Interval International
Interval International operates membership programs for vacationers and provides value-added services to its developer clients worldwide. Based in Miami, Florida, the company has been a pioneer and innovator in serving the vacation ownership market for more than 33 years. Today, Interval has an exchange network of more than 2,500 resorts in over 75 nations. Through offices in 16 countries, Interval offers high-quality products and benefits to resort clients and approximately 2 million families who are enrolled in various membership programs. Interval is an operating segment of Interval Leisure Group, Inc. (Nasdaq: IILG), a leading global provider of membership and leisure services to the vacation industry.
For information on advertising and editorial opportunities with Perspective Magazine & Owners Perspective Magazine; the leading independent B2B & B2C magazines for the timeshare and fractional ownership industries visit www.perspectiverates.com
Tapestry Resorts Announced By John Small, Chairman of ResortCom International, As Company’s Newly Branded Hospitality Management Division
March 11, 2010 by Timeshare & Fractional News · Leave a Comment
“We Listen, We Deliver, We Guarantee It.” This is the impassioned tagline of Tapestry Resorts, the newly consolidated, full-service hospitality division of ResortCom International that was announced today by ResortCom International Chairman John Small.
Since 2002, when Small, the former COO and senior vice president of RCI Management, merged his hospitality management company, International Resort Management (IRM), with ResortCom International, the organization has successfully provided a wide range of hospitality services under the ResortCom banner. As 2010 approached, Small and his team decided to consolidate all of ResortCom’s hospitality services into one distinct brand, Tapestry Resorts.
“This newly branded division will focus strongly on hospitality management and most importantly, drive results for our clients,” said Small. “At Tapestry Resorts, we don’t sell; we listen, so we can identify each client’s needs, anticipate future opportunities and provide relevant solutions. Once clear goals are identified by both parties, Tapestry Resorts guarantees every client’s success.”
The mission of Tapestry Resorts is to provide the expertise and tools required to support its clients in growing their revenue, improving their bottom line and delighting their owners and guests. Toward this mission, the Tapestry Resorts team is focused on providing its expertise and a vast array of solutions to sold-out time share resorts and vacation clubs.
For sold-out time share resorts, the management company’s services cover a broad range of needs for the market, including on-site management, board support, liquidity management and financial services. For the management of vacation clubs, the company can supply custom-designed proprietary software that allows clients to provide outstanding call center customer service and offers consultation services to help clients maximize club service revenue opportunities.
A Strong and Experienced Management Team
Led by Small, the management team includes industry thought leaders who are exceptionally skilled in a wide range of disciplines. They have developed and implemented solutions for clients in all facets of the hospitality industry around the world. This broad and deep experience allows Tapestry Resorts’ team members to hear and understand potential clients’ needs, as they have more than likely been on the client-side as well.
In addition, Tapestry Resorts has a multitude of experienced and dedicated executives, administrators, general managers and assistants, front desk customer service managers and representatives, head housekeepers and maintenance personnel, front desk managers, sales team members, HR professionals, IT experts, accountants, graphic designers, shuttle drivers and more, on hand at all times.
Tapestry Resorts’ team members are located in field locations throughout the United States and Mexico, various call centers and at the corporate office in San Diego. Wherever they are located, in whatever position, every team member is focused on keeping the company’s clients and customers satisfied, while supporting each other and fostering ideas and practices that benefit their clients and the company as a whole.
For every client, Tapestry Resorts, the full-service hospitality management division of ResortCom International, weaves a team of experienced thought leaders and skilled team members who exemplify its tagline: “We Listen, We Deliver, We Guarantee It.” For more information, visit http://www.tapestryresorts.com.
For information on advertising and editorial opportunities with Perspective Magazine & Owners Perspective Magazine; the leading independent B2B & B2C magazines for the timeshare and fractional ownership industries visit www.perspectiverates.com
Wyndham Vacation Ownership Executes First Fee-For-Service Timeshare Sales Model At Myrtle Beach, SC Property
March 11, 2010 by Timeshare & Fractional News · Leave a Comment
Wyndham Vacation Ownership, a member of the Wyndham Worldwide family of companies (NYSE:WYN), today announced it has entered into an exclusive sales and marketing agreement with Towers on the Grove, LLC. Under this agreement, Wyndham Vacation Ownership will become the exclusive sales and marketing agent for approximately 137 condominium- style units at Towers on the Grove in North Myrtle Beach, SC. The property will be re-flagged as Wyndham Vacation Resorts Towers on the Grove at North Myrtle Beach in early spring. Terms of the agreement were not disclosed.
“This is a significant step in executing our new fee-for-service timeshare sales model which enables us to continue to grow our vacation ownership business while effectively optimizing cash flow,” said Franz Hanning, president and CEO, Wyndham Vacation Ownership. “This affiliation is a tremendous addition to our Wyndham portfolio in this popular vacation market. We’ve had a great run in Myrtle Beach over the years and we fully expect to bring that same level of success to Towers on the Grove.”
The company will utilize existing sales and marketing distribution channels in South Carolina, Virginia, Maryland, New Jersey, Pennsylvania, Tennessee and Florida to sell deeded vacation ownership interests at the property. All consumer loan originations that occur in conjunction with the sale of the 137 units will be funded by Towers on the Grove South, LLC.
The company will also acquire in phases an additional 50 units at this property over the next three years to sell on its own behalf. All consumer loan originations associated with the sale of these 50 units will be serviced by Wyndham Consumer Finance. All 187 units sold or acquired by the company will operate within the CLUB WYNDHAM Plus portfolio of vacation ownership resorts.
The property features a total of 232 units, including approximately 45 wholly owned condominiums. Wyndham Vacation Ownership, which will also manage the property, has started sales and will begin hosting rental guests in April. The company will begin welcoming timeshare owners this fall.
Situated along 500 feet of pristine oceanfront property in North Myrtle Beach, this resort features convenient beach access, a lazy river, pool and a water playground complete with a slide and waterfalls. Timeshare owners and guests will enjoy a selection of studio, one-, two- and three-bedroom fully furnished condominium-style units. Most units feature expansive private balconies and many offer panoramic ocean views.
Wyndham Vacation Resorts Towers on the Grove at North Myrtle Beach is the latest addition to an impressive portfolio of vacation ownership properties in this highly popular vacation destination, which already includes Wyndham at The Cottages, Wyndham Ocean Boulevard, Wyndham SeaWatch Plantation and Wyndham Westwinds. The company’s South Carolina portfolio also features Wyndham Vacation Resorts Lake Marion in Santee as well as Wyndham Ocean Ridge and Wyndham Vacation Resorts King Cotton Villas in Edisto Beach.
ABOUT WYNDHAM VACATION OWNERSHIP
Wyndham Vacation Ownership, a member of the Wyndham Worldwide (NYSE: WYN) family of companies, is the world’s largest vacation ownership business, as measured by the number of vacation ownership resorts, individual vacation ownership units and owners of vacation ownership interests. Wyndham Vacation Ownership develops, markets and sells vacation ownership interests and provides consumer financing to owners through its three primary consumer brands, Wyndham Vacation Resorts, WorldMark by Wyndham, and Wyndham Vacation Resorts Asia Pacific. As of January 1, 2010, Wyndham Vacation Ownership had developed or acquired over 155 vacation ownership resorts throughout the United States, Canada, Mexico, the Caribbean and the South Pacific that represent approximately 20,000 individual vacation ownership units and more than 820,000 owners of vacation ownership interests. Wyndham Vacation Ownership is headquartered in Orlando, Fla., and is supported by approximately 12,500 employees globally.
For information on advertising and editorial opportunities with Perspective Magazine & Owners Perspective Magazine; the leading independent B2B & B2C magazines for the timeshare and fractional ownership industries visit www.perspectiverates.com
Merlin Celebrates 10 Year Anniversary At ARDA Convention
March 11, 2010 by Timeshare & Fractional News · Leave a Comment
Merlin Software for Vacation Ownership is set to celebrate its tenth anniversary at the upcoming American Resort Development Association (ARDA) Convention taking place March 14th-18th at the Venetian Resort Hotel and Casino in Las Vegas.
The software has been developed by industry veteran Mike Pnematicatos who recently celebrated 25 years in the vacation ownership industry as a resort developer and product innovator. Mike said “as an experienced timeshare and fractional developer, I bring considerable knowledge and expertise to the development of this software. I understand the challenges facing resorts and businesses in the industry today”.
Merlin will be exhibiting at the conference at Booth 457 so drop by during the event for a piece of birthday cake and join the celebrations!
Merlin Software provides a complete, single software solution for today’s vacation ownership business. Developed as state of the art Business Application Software, Merlin is the only software available that is intrinsically web-based because it is served over the internet. It is not functionality that has been added as an afterthought. Users access their Merlin accounts securely via a web browser from anywhere, at any time without the need of expensive or complicated hardware installations. Functionality includes the Merlin marketing, sales, front office and back office modules, stand alone exchange facility and website integration.
The technology platform for Merlin consists of a Microsoft SQL Server 2005 database back end with the front end built using Active Server Pages (Browser Front End).
Merlin will be offering demonstrations of its web-based technology throughout the convention in the Chairman’s League Lounge. Those interested in booking a demo can contact Mike Ashton on 646 233 3503 or email him at: mikea@quickmerlin.com. If an online demo is preferred, please visit www.quickmerlin.com/demo
For information on advertising and editorial opportunities with Perspective Magazine & Owners Perspective Magazine; the leading independent B2B & B2C magazines for the timeshare and fractional ownership industries visit www.perspectiverates.com
SPI Software and Brand Tango Join Forces
March 9, 2010 by Timeshare & Fractional News · Leave a Comment
Timeshare industry leaders, SPI Software and Brand Tango, have joined forces in a strategic relationship that brings together the companies “best in class” solutions for technology, marketing, sales, finance and operations. Both firms are well-known for innovation and have developed strong reputations with leading developers, vacation clubs and resort operators.
As part of the agreement, SPI Software will integrate the Brand Tango timeshare and vacation club marketing system (Previously called “The Tango System”) as part of SPI Orange Software. The new SPI Orange module which has been dubbed “SPI Campaign Manager powered by Brand Tango” will add intuitive web-based functionality and highly flexible campaign management tools to the SPI Orange software Platform.
The new SPI Campaign Manager marketing system provides a powerful set of tools to target campaigns to prospects with pinpoint accuracy, while monitoring the cost, penetration and conversion of marketing efforts.
Matt Brosious, Vice-president of sales for SPI Software comments, “The talented team at Brand Tango continues to provide tools which provide real advantages for timeshare and vacation club developers. We are extremely pleased to be integrating the uniqueness of Brand Tango’s technology into SPI Orange timeshare software. For developers, this is the winning combination of marketing and operational functionality needed to succeed in today’s competitive environment. “
According to Joe Russoniello, President of Brand Tango, “The SPI / Brand Tango agreement represents a transparent, best-practices strategy in bringing the very strongest technology solutions to the industry. We could not be more pleased to have our Tango system integrated into SPI Orange. We know that the resources and expertise that SPI provides its clients will increase exposure for our robust marketing solutions.”
Further, the companies will collaborate on future product and service offerings and have several exciting developments planned, details of which will be provided at a future date.
For more information on the SPI Campaign Manager please contact SPI Software at sales@spisoftware.com or call 305-858-9505.
About SPI Software
Software SPI Software provides developers and operators of vacation ownership (timeshare, fractional, private residence club and others using either traditional or points-based usage strategies) with Microsoft .NET-based software as either an enterprise suite of software called Orange Systems, or in specific modules to handle marketing, sales, property management, finance, maintenance fee and receivables servicing, centralized reservations or Website access operations. Founded in 1978 and based in Miami, FL, SPI can be reached at 305-858-9505, sales@spisoftware.com or www.spisoftware.com.
About Brand Tango
Brand Tango is a comprehensive marketing, design, and technology company with clients in timeshare/real estate/hospitality, consumer products and services, and financial services. Relying on their decades of combined expertise, its principals and staff help clients define and achieve sales goals and return-on-investment objectives by addressing integrated marketing needs in an efficient, unbiased, and knowledgeable manner with a solid, multi-faceted, results-oriented strategy
To view examples of Brand Tango’s recent work, visit www.brand-tango.com For More Information Contact: Joe Russoniello at Brand Tango 954-295-7879.
For information on advertising and editorial opportunities with Perspective Magazine & Owners Perspective Magazine; the leading independent B2B & B2C magazines for the timeshare and fractional ownership industries visit www.perspectiverates.com
Forget Silver Or Gold…RCI Goes Platinum For Its Points Members
March 9, 2010 by Timeshare & Fractional News · Leave a Comment
From priority access on specialty inventory to upgraded accommodations – the world’s largest points exchange program takes it to the next level
RCI, the global leader in vacation exchange today announced its plan to launch RCI Points PlatinumSM membership, a new premium membership and the latest enhancement to its successful RCI Points® program, that will offer exclusive exchange and lifestyle benefits to subscribing members.
“RCI launched its groundbreaking global Points exchange product in 2000 and it’s been the fastest growing Points exchange program in the world ever since,” said Geoff Ballotti, CEO, RCI. “Our members seek unique access and expanded benefits and the RCI Points Platinum membership provides just that – offering exclusive member deals and access to a phenomenal selection of member benefits and services. For our valued affiliates, this new membership provides a meaningful differentiator at the point of sale, reinforcing RCI Points as the most proven, comprehensive and flexible exchange membership available in the industry today while becoming more relevant in their owners’ daily life.”
RCI Points Platinum will offer its members exclusive “first look” exchange access to specially acquired inventory around the world at upscale properties in highly sought after vacation destinations. “Members that have looked for an exchange in New York or London may have found few options because the demand may have been higher than supply. To help, RCI acquires millions of dollars of upscale hotel and condominium inventory in dozens of highly demanded vacation and city destinations every year. We will expand this program and provide our RCI Points Platinum members with a first look at this inventory for exchange,” Ballotti added.
RCI Points Platinum will also provide members with free unit upgrades based on availability providing even more room to relax and Cash Back rewards for various RCI transactions. In addition to these extremely exciting advancements in exchange, RCI plans to extend unique lifestyle benefits to RCI Points Platinum members that will include advance access to popular Broadway style theater experiences including select opportunities to attend pre-launch and producer shows. For the golf and ski connoisseur, RCI Points Platinum members will receive preferred pricing or discounts of up to 50 percent at thousands of golf courses and dozens of the most popular ski mountains in North America. Taking the member experience further than ever before, RCI Points Platinum plans to extend other significant savings benefits of up to 50 percent on spa experiences and much, much more allowing RCI Points Platinum members to get more out of their vacation experience.
“As the inventor of the vacation exchange business, we’re always looking to develop fresh new ideas that will improve our members’ experiences and exceed the expectations of our affiliates,” said Ballotti. “The RCI Points Platinum membership brings terrific new benefits to the RCI Points program. We’re excited to be able to give our members what they’ve asked for from a status and access standpoint, with dozens of lifestyle benefits included that we’ll continue to add to going forward. We’re really just getting started.”
RCI plans to launch the RCI Points Platinum membership in the United States and Canada with other regions to follow. Member benefits may vary in other regions.
About RCI
RCI is part of Wyndham Exchange and Rentals, the worldwide leader in vacation exchange and the European leader in vacation rentals, with exclusive access for specified periods to more than 65,000 vacation properties in approximately 100 countries. Wyndham Exchange and Rentals is comprised of vacation exchange, including RCI, the worldwide leader in vacation exchange and provider of travel services to businesses and consumers and The Registry Collection program, the world’s largest luxury exchange program; vacation rentals, including Endless Vacation Rentals, Landal GreenParks®, Novasol®, and other renowned vacation rental brands, through which vacationers can rent a variety of property types, from city apartments to villas; and NorthCourse® Leisure Real Estate Solutions, a research and consultancy firm providing advisory services to the global 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.wyndhamer.com or the media center of www.wyndhamworldwide.com.
For information on advertising and editorial opportunities with Perspective Magazine & Owners Perspective Magazine; the leading independent B2B & B2C magazines for the timeshare and fractional ownership industries visit www.perspectiverates.com
2009 Was A Record Year Announces Welk Resorts
March 8, 2010 by Timeshare & Fractional News · Leave a Comment
Vacation ownership resort company, Welk Resorts, announces record-high numbers for 2009….expectations for 2010 and coming decade are high.
Welk Resorts reported having record sales in 2009 of the Welk Resorts Platinum Program – a multi-resort, points-based, vacation ownership program. Welk Resorts President Jonathan Fredricks says, “Despite a rough economic year for many in the timeshare resort industry, we found that adhering to our core competency in providing an excellent product at affordable prices helped us achieve over $72 million in net revenue with strong sales efficiencies, beating our budget by over 15 percent.”
“We believe our focus on remaining profitable in our sales and marketing departments, rather than developing a dependence on earnings from the finance side of the business, is a principle reason for our success,” added Don Dubin, who directs the company’s sales and marketing activities. “We’ve also concentrated on retaining a consistent, excellent and well-trained staff, many of whom have been with us for more than two decades. Welk Resorts has a well-deserved reputation for integrity and honesty; and this is the way we perform throughout the organization.”
Welk recently opened its seventh property, Sirena del Mar, in Los Cabos – a 222-unit, luxury project, situated on a seven-acre, seaside expanse overlooking the Sea of Cortez and anticipates adding to their inventory mix substantially in the coming year.
“The prospects for continued top sales results are excellent,” adds Dubin. “Thankfully, Welk Resorts has a lot of marketing momentum going right now and we plan to capitalize on that.”
About Welk Resorts
Welk Resorts offers high-quality accommodations and top-rated service at popular destinations, such as San Diego; Palm Desert, California; Maui and Branson, Missouri and serves over 40,000 families. Welk Resorts has a unique face-to-face marketing platform from which it generates guest tours and leads, with over 50 sports franchise, retail, fairs and events alliance locations in Southern California, including Staples Center, Knott’s Berry Farm, San Diego Padres, LA Dodgers, the San Diego Chargers, Live Nation and the San Diego County Fair. Welk Resorts has presold approximately 70 percent of the points in this phase at Sirena Del Mar, which is part of the Welk Resorts multi-site club system, Welk Resorts Platinum Program. Points backed by Sirena Del Mar resort intervals are available at Welk’s four preview center locations in Mexico, Missouri and California. Welk Resorts Platinum Program members and Interval International exchange guests will be able to use their points to enjoy Sirena del Mar or any of the company’s six other timeshare resorts.
For information on advertising and editorial opportunities with Perspective Magazine & Owners Perspective Magazine; the leading independent B2B & B2C magazines for the timeshare and fractional ownership industries visit www.perspectiverates.com
New Web-Based Timeshare Software To Be Announced At ARDA Convention
March 6, 2010 by Timeshare & Fractional News · Leave a Comment
Timeshare software technology leaders, SPI Software, recently said they plan to unveil new web 2.0 initiatives during the upcoming convention being held by the American Resort Development Association (ARDA). SPI is a sponsor and exhibitor at the ARDA gathering taking place March 14th-18th at the Venetian Resort Hotel and Casino in Las Vegas.
As part of the company’s OrangeWeb package, the new web-based modules continue to leverage SPI’s Microsoft.NET technology platform. The latest modules to be announced will provide Web-based functionality that assist timeshare resorts to handle owner servicing, reservations, marketing and sales.
Matt Brosious, Vice-president of sales and marketing for SPI adds, “We are very excited to unveil OrangeWeb and to answer the industry need for an integrated web strategy. There is really no longer any need to develop expensive custom web-based timeshare software. We are particularly pleased with the enthusiastic reception OrangeWeb has garnered from our clients and prospects. “
During the ARDA Convention, SPI will be providing demonstrations of how its new Orange Software enables timeshare resorts and vacation clubs to effectively manage all facets of operations with efficiency and economy. Interested parties are encouraged to reserve a demo appointment by calling Brosious at 1-305-858-9595. SPI is located at ARDA booth #343.
About SPI Software
SPI Software provides developers and operators of vacation ownership (timeshare, fractional, private residence club and others using either traditional or points-based usage strategies) with Microsoft .NET-based software as either an enterprise suite of software called Orange Systems, or in specific modules to handle marketing, sales, property management, finance, maintenance fee and receivables servicing, centralized reservations or Website access operations. Founded in 1978 and based in Miami, FL, SPI can be reached at 305-858-9505, sales@spiinc.com or www.spisoftware.com.
For information on advertising and editorial opportunities with Perspective Magazine & Owners Perspective Magazine; the leading independent B2B & B2C magazines for the timeshare and fractional ownership industries visit www.perspectiverates.com
Vasant Prabhu Named Vice Chairman By Starwood Hotels & Resorts
March 6, 2010 by Timeshare & Fractional News · Leave a Comment
Hotel Giant’s Longtime Chief Financial Officer Recognized for Impact and Contribution to the Company
Starwood Hotels & Resorts Worldwide, Inc. (NYSE:HOT) announced today that the company has named its Chief Financial Officer, Vasant Prabhu, Vice Chairman, in recognition of his extraordinary contributions to the company. Starwood’s President and Chief Executive Officer, Frits van Paasschen, made the announcement following the company’s recent Board of Directors meeting.
“Vasant’s leadership and strategic vision were in sharp relief in 2009 as Starwood navigated the toughest year our industry has endured since the Great Depression,” said van Paasschen. “His efforts and collaboration ensured that Starwood did not just survive the global economic crisis, but actually emerged stronger, with our financial house in order, well poised to take advantage of opportunities we expect will arise.”
According to van Paasschen, the company significantly cut costs in 2009, raised over $1.6 billion in cash from a broad range of transactions, reduced its debt by over $1 billion and paid down debt maturities from 2010 through 2013.
Prabhu, whose new title is Vice Chairman and Chief Financial Officer, will continue to report to van Paasschen. In his new role, he is not a member of the Company’s Board of Directors.
Prabhu, 50, joined Starwood in 2003. Prior to joining Starwood, he served as Executive Vice President and Chief Financial Officer for Safeway Inc., one of North America’s largest food retailers. He also served as President of Information and Media Group for The McGraw Hill Companies and Senior Vice President of Finance and Chief Financial Officer for Pepsi Cola International where he was responsible for the company’s franchise and owned operations in more than 100 countries.
Prabhu holds an M.B.A. in Marketing and Finance from the University of Chicago and a B.S. in Engineering from the Indian Institute of Technology in Bombay, India. He and his family reside in Greenwich, Connecticut.
About Starwood Hotels & Worldwide, Inc.
Starwood Hotels & Resorts Worldwide, Inc. is one of the leading hotel and leisure companies in the world with more than 960 properties in approximately 97 countries and 145,000 employees at its owned and managed properties. Starwood Hotels is a fully integrated owner, operator and franchisor of hotels, resorts and residences with the following internationally renowned brands: St. Regis(R), The Luxury Collection(R), W(R), Westin(R), Le Méridien(R), Sheraton(R), Four Points(R) by Sheraton, and the recently launched AloftSM, and ElementSM. 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.
For information on advertising and editorial opportunities with Perspective Magazine & Owners Perspective Magazine; the leading independent B2B & B2C magazines for the timeshare and fractional ownership industries visit www.perspectiverates.com
The Shared Ownership Industry Gets A Little Friendlier!
March 4, 2010 by Timeshare & Fractional News · Leave a Comment
PerspectiveForums.com reports more than 2,000 friend requests served in first two weeks.
Perspective Magazine, the shared ownership industry’s leading trade publication recently launched the first standalone social networking platform dedicated to the timeshare and fractional ownership industry, combining the most popular features of Facebook, Twitter and LinkedIn all on one website.
From initial promotion only, the site has already attracted in excess of 600 registered users, who have generated more than 75,000 page views and issued more than 2,000 friend requests over the past fortnight, with word of mouth now growing the site exponentially each day.
The site was created to encourage timeshare and fractional developers, marketers and suppliers to network more efficiently, thereby creating opportunities for new collaborations, strategic partnerships and extending client portfolios.
What makes this site standout, apart from its vast array of features, is its leverage of Perspective Magazine’s readership which exceeds 22,000 registered industry professionals around the globe who are currently being invited to register free on the website.
“We’ve had a lot of feedback from users of the website, all of it positive and it has started well, but there are still quite a few additional features to roll out yet – such as an iPhone App, but due to the complexity of the site we have a few weeks still to wait for this. The marketing for the site has only just started – by the end of March we expect to have the largest social media group of industry professionals available online, and then we’ll only be at about 10% of the expected number of registered users for the coming months.” Said Paul Mattimoe, President & CEO of Perspective International.
To join Perspective Forums simply visit www.perspectiveforums.com
For more information about Perspective Magazine (Trade), Owners Perspective Magazine (Consumer) and advertising and editorial opportunities visit www.perspectiverates.com
For information on advertising and editorial opportunities with Perspective Magazine & Owners Perspective Magazine; the leading independent B2B & B2C magazines for the timeshare and fractional ownership industries visit www.perspectiverates.com
Corporate Members Continue To Be Retained By WIN (Women in the Industry)
March 3, 2010 by Timeshare & Fractional News · Leave a Comment
Marriott And Bluegreen Report High Value In Organization
Women in the Industry (WIN) is pleased to announce two more of its initial corporate members have recommitted to another year of support. As a founding benefactor and sponsor of WIN’s recent Florida Regional Meeting, Marriott Vacation Club International (MVCI) has re-enlisted as a champion of the two-year old non-profit organization.
“We are impressed that WIN has kept many our key industry employees engaged and productive during these tenuous times,” said Lani Kane-Hanan, Sr. Vice President at MCVI. “We support the concept of diversity that WIN so enthusiastically promotes, but as importantly we’ve seen some concrete benefits such as educational and training sessions held by the organization.”
Bluegreen Corporation, which also sponsored the WIN Florida event, has signed up once again as a corporate patron for 2010. “The WIN group accomplished so much at a grass roots level in the past two years that we are proud to be established as one of its growing roster of corporate members. Its education committee is formulating an impressive platform of research studies which will give us a body of knowledge to improve our product and the way it is marketed over the next few years,” said John M. Maloney, Jr, President and CEO.
Women in the Industry (WIN) advocates, educates and connects women in the vacation industry. It is a dynamic, diverse, non-partisan global organization providing leadership, mentoring, philanthropic and educational opportunities to women and those who support women; connecting members locally, regionally, nationally and internationally.
The group will also hold their annual networking event during the annual American Resort and Development Association (