Archive for the ‘Other products’ Category

The Alternative Ownership Conference for Hotels and Resorts – Asia Pacific (AOCAP) will be held October 12 -13, 2009 at Millennium Resort Patong, Phuket, Thailand.

The two day conference will focus on introducing alternative ownership concepts – Private Residence, Fractional Ownership and Vacation Ownership concepts – to the regional market, share successful case studies and implementation methods from leading speakers, and network with the industry’s key players.

Additional information here

Read Full Post »

The American Resort Development Association (ARDA) launched a new website last year dedicated to helping people “vacation better”. Appropriately named VacationBetter.org, this site reminds us all that we desperately need to vacation better, and that means vacationing with more frequency, more regularity, and under more relaxing circumstances.

As Howard Nusbaum, ARDA president and CEO says, “Unfortunately vacation is one of the first things people give up when times get tough economically, and with that goes some of the best quality time you can get with your family.” He continues by reminding us, “Tough times are when people need (to) connect to their families even more, and it can be done very economically.”

In a recent ARDA survey of website visitors at VacationBetter.org, nearly half said they felt that quality time with their family was lacking. The feedback led ARDA to launch “The Family Stimulus Plan,” as a way to help people easily plan successful vacations.

ARDA reminds us that timeshares make vacation planning especially convenient. When you own timeshare, you will be far less likely to eliminate or postpone your vacation—after all, your vacation accommodations are either paid for (or are part of a payment plan) and probably already scheduled. Since so many timeshare resorts offer lots of onsite entertainment and activities, you can even enjoy a fabulous vacation without ever leaving the property. In fact, the convenience of kitchens and eat-in dining (available in so many timeshare units and timeshare condos) means that meals during your timeshare vacation don’t have to cost a bit more than you spend on groceries at home.

As the vacation specialists at ARDA and www.vacationbetter.org remind us, “It’s a proven fact that people who spend time away reap health benefits far beyond that week or two of vacation. Vacations are not a luxury, but a necessity for good health and well-being.”

Read Full Post »

Some facts about this niche segment of the leisure travel industry can be found here.

“………..During the last 10 years with the increase of vacation home ownership coupled with the desire for revenue generation, owners have increasingly upgraded their vacation home rentals due to increased visibility provided by the Internet and competition from neighboring vacation home owners, property management firms and transient lodging properties.”

An extract:

  • Since 2005, Venture capitalists have poured more than $500 million into the industry.
  • The vacation rental industry was a $24 billion market the U.S. in 2008, equaling the revenues of the cruise industry that year.
  • During the past two years, vacation home rentals welcomed 21.5 million guests.
  • Customer satisfaction ratings are at 99% i.e. just 1% came home unhappy)
  • 33%+ of vacation residence rental guests are in the $100K+ income bracket.
  • Of the above, 90% take two or more vacations per year.
  • Vacation home rentals benefit from the “drive-time” market

Read Full Post »