Alberta government tightens timeshare laws

In a move designed to offer consumers greater protection, the government of Alberta, Canada has introduced new laws regarding the regulation of timeshare, reports the Calgary Herald. The move comes as Canada is witnessing a surge in popularity of fractional ownership real estate at the expense of timeshare.

From November 2010, anybody selling timeshare will be required to obtain a license from the provincial government and to clearly disclose their terms and conditions, said Service Alberta Minister Heather Klimchuk.

Full details here. ( Source: FractionalLife.com)

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Top 21 Fractional Real Estate Professionals Of 2010

As the fractional ownership property market enters an exciting stage of its development, Fractional Life profiles 21 of the industry’s big hitters and asks them how they think the fractional sector will fare in 2010.

Some of the people profiled in this report are Gregg Anderson of the Registry Collection, Peter Vestdam of Valhalla Associates, Howard Nusbaum of ARDA, Richard Ragatz of Ragatz Associates etc.

Do check out the full article here.

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Ragatz Fractional Interest Conference, March 2010

Registration is open for the 2010 Ragatz Associates Fractional Interest Conference co-sponsored by The Registry Collection, the world’s largest luxury exchange program.

The conference will be 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 www.RagatzAssociates.com

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Absolute World Group

The Registry Collection(R), the world’s largest luxury exchange programme and one of the Wyndham Worldwide family of brands (NYSE: WYN), today announced the affiliation of Absolute Developments to its programme, adding six new resorts to its global network of luxury properties.

Absolute eye-opener of an article for info on:

• Mixed Use resort operations
• Asian real estate investments
• Fractional concept
• Wide repetoire of offerings from the Registry Collection.

Full article here

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Fractional Trend Report

Commissioned by FractionalLife.com and Northcourse Leisure Real Estate Solutions and published in April 2009, this 92 page research paper is the first dedicated report on the growing fractional real estate market in Europe.

The key findings were presented by Claude Attala, Global Managing Director, Northcourse Advisory Services at Fractional Summit 2009 in London

http://www.fractionalsummit.com

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A Fraction of your time

Fractional Index www.fractionalindex.com, the first website specifically dedicated to low cost fractional ownership, was launched in June with the aim of helping the fractional property sales and resales market grow.

Check them out for information on all things to do with this new product development of the vacation ownership industry.

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NorthCourse 2009 Fractional Industry Report – Recent Trends

The article briefly summarizes several trends noted by NorthCourse in their 2009 report covering Private Residence Clubs, Fractional expansion, the emphasis on fly-to destinations and existing properties versus to be built properties.

Other links covering the products discussed can be accessed here, here and here.

Source: http://www.fractionalreport.com/

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