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Archive for December, 2009

Heavy hitters

Investopedia, a Forbes Digital company, lists 6 stocks that have outperformed the benchmark S&P 500 since their hitting lows over the past year.

Included in the 6 companies is Wyndham Worldwide Corporation.

Wyndham Worldwide Corporation operates in the hospitality business, providing hotel accommodation and “vacation ownership’ opportunities globally. Since the bottom was recorded for the S&P500 in March, Wyndham is up over 600%. WYN has a market cap of $3.6 billion.

Here’s the link to the complete article

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Older Americans continuing to travel

Proving that the holiday market is weathering the recession better than many other sectors, a company that organizes vacations for Americans 50 years or older has said the demand continues unabated.

Like many other industry players and commentators, Grand Circle says the economy is pushing people to seek exceptional travel values rather than cut back on vacations.

Full story here

Source: http://www.timeshareresalenews.com

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Registration is open for the 2010 Ragatz Associates Fractional Interest Conference co-sponsored by The Registry Collection exchange program, the world’s largest  luxury exchange  program. The conference will take place March 29-31, 2010, at the Fairmont, San Francisco in San Francisco, Calif.

The 2010 Ragatz Associates Fractional Interest Conference will mark its 10th anniversary. What started as a small seminar with 50 participants has grown to be one of the most widely recognized and respected conferences on the fractional interest and private residence club industries on a global basis. This year’s conference is especially important to anyone currently in the industry, or anticipating being so. Recent and probable future changes in the national and global economies are creating both challenges and opportunities. The conference agenda is designed to reflect these changes and how best to respond to them. Over 60 speakers will discuss critical implications for consumer decision making, marketing, sales, financing, etc. They will represent existing participants in the industry, as well as experts and advisors from related industries.

Registration instructions and further information is available via http://www.RagatzAssociates.com.

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Hyatt signs up more properties in India

Hyatt Hotels Corporation and DB Hospitality Pvt. Ltd., part of DB Group, today announced management agreements under which Hyatt will operate five new hotel properties in India.

The properties, currently slated to open on various dates between mid-2010 and early 2014, include Park Hyatt Mumbai, Grand Hyatt Goa, Grand Hyatt Pune, Hyatt Place Pune, and Hyatt Place Mundra.

Full report here { Source: http://www.benzinga.com }

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The big escape?

Timesharescape, a California based company that assists dissatisfied timeshare owners free themselves of the financial burdens associated with timeshare ownership, announced it will offer free timeshare owner information seminars in 8 additional states.

From here ( Source: http://www.pr.com )

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RCI India’s new resort affiliation

GoTimeshare.org reports:

The Solluna Resort has been added to the RCI network, meaning the timeshare organisation now has over 80 affiliated resorts in India.

Radhika Shastry, managing director of RCI for India, said that the stunning resort is a fantastic addition to the destinations offered to RCI Weeks members.

Full report here

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Marriage of minds

Jason Tremblay at http://www.timeshareauthority.com has reported on the new collaboration between the Canadian & American Resort Development Associations

CRDA (the Canadian Resort Development Association) and ARDA (the American Resort Development Association) have now joined forces in a new working relationship. Both professional organizations are dedicated to the betterment of the timeshare and vacation ownership industries, advancing policy, standards, and opportunities.

CRDA identifies its goal as a timeshare association as being, “… to encourage and maintain a high standard of ethical conduct throughout the industry, and to assist in the education of Canadian industry members toward an enhanced standard of professionalism.”

Full report here

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