Timeshare
A look at the timeshare and vacation ownership segments of the lodging industry, including their branding partnerships, marketing programs, membership and points programs and management , and development approaches and opportunities.
Vacation Ownership Goes Global
The vacation ownership is undergoing a renaissance following its abrupt downturn as a result of the global financial meltdown. Wall Street and other investors are again looking at timeshare in a positive light. And many companies are looking beyond North America for development opportunities....
Timeshare Business Continues to Rebound
The mood was understandably festive as executives gathered in early April in Las Vegas to cut the ribbon on Holiday Inn Club Vacations’ newest property, the 640-unit Desert Club Resort just a few blocks east of The Strip. Holding the ribbon was Don Harrill, president & CEO of Orange Lake Resorts, the developer of Holiday Inn-branded timeshare properties. Despite the lingering stagnation in the economy, Orange Lake Resorts is enjoying strong success in finding the needed funding for expansion....
Conferences Explore Caribbean Investment Opportunities
The Caribbean hospitality industry is facing some tough challenges. Higher fuel prices reduce the region’s ability to compete for visitors with other destinations and increase operating costs for hotels and resorts. Airlift into the region is always a concern and now, according to recent press reports, American Eagle is considering abandoning its inter-island air service in the region. And the individual governments in the area have a poor record of working together to market the Caribbean as a single destination....
Top Hotel Industry Stories of 2011
In many ways, 2011 has been a quiet year in the hotel industry. With most owners, operators and brand companies focusing on maintaining sales volumes and protecting margins, there was little time and resources for significant product initiatives, new brand development or mergers and acquisitions among chains, management companies or big ownership groups....
Timeshare Leaders Look For a Silver Lining
While the financial meltdown may have humbled the vacation ownership industry, it didn’t bring it to it knees. In fact, timeshare company presidents speaking at an industry panel this week in Orlando agreed the industry may actually be healthier now than it was during the heady days from 2000 to 2008....
Financing Is Still a Challenge for Timeshare Industry
Just as the vacation ownership industry has been slow to recover from its three-year slump, the financing environment in the segment been equally sluggish. Money is widely available to finance the receivable loans of timeshare buyers but, as one seasoned developer says, “There is zero money for acquisitions and development.”...
