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CRDA Announces the 2013 Vacation Ownership Conference
The Canadian Resort Development Association announces the 2013 Vacation Ownership Conference. "VO-CON" will be held in Vancouver, BC on October 22-23. VO-CON's mandate is "Exploring The Business Of Vacations". The event will bring vacation ownership industry executives together for one-and-a-half days of networking and learning. To be profiled as an official sponsor or speaker, please click read more.
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CRDA's Vacation Ownership Industry Buyers Guide
We are pleased to announce the launch of the Canadian Vacation Ownership Industry Buyers Guide, a digital resource brought to you by Multiview in partnership with CRDA. Multiview is the leading provider of digital media solutions for the association world. Use the Buyers Guide to perform either keyword or category-specific searches. Both methods produce the most industry-relevant results, which saves you valuable time and money. Additionally, the Buyers Guide features our Product Showcase that highlights new products and innovations.
Interval shared ownership investment seminars
Interval International, a prominent worldwide provider of vacation services, recently hosted Shared Ownership Investment Seminars in Argentina and Colombia. Nearly 85 delegates participated in these events, which featured networking opportunities, interactive sessions, and panel discussions led by hospitality and shared ownership experts.
Wyndham Worldwide CFO Tom Conforti to deliver keynote address
Proformative, the pioneering leader in Enterprise Social Procurement for the office of the CFO, announced that Tom Conforti, executive vice president and CFO of Wyndham Worldwide will be the keynote speaker for CFO Dimensions 2013, the premier conference for chief financial officers and corporate finance leaders.
Fame and fortune: It's time to buy a place in the sun
The Sunday Times
Stephen Wise, co-founder of the Hideaways Club, the timeshare company for wealthy travellers, says the best opportunities for property investors are in economically stricken countries such as Spain, Portugal and Greece.
The former chartered accountant and venture capitalist co-founded the club in 2006 and hopes to increase the size of its property portfolio.
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5 trends changing the travel industry
Business 2 Community
Most travel agents know that the popular travel destinations remain consistent year after year. Italy, France, and the Caribbean are predictable hot spots for tourists every year. However, there are emerging trends in the travel industry. Savvy millennials are creating peer-to-peer models such as transportation-sharing services. Young tourists are trying to save money by sharing costs on cabs, lodging, and rental vehicles.
Vacationers are unplugging as summer vacation season kicks off
Contrary to popular belief, Americans do know how to unplug, unwind, and rejuvenate on vacation. A recent survey of 1,000 vacationers, conducted by The Research Intelligence Group for the American Resort Development Association, indicates an impressive 75 per cent of respondents not doing any work on their vacations.
Luxury resort owners default on huge loan
Adirondack Daily Enterprise
One of the Adirondacks most luxurious resorts is in foreclosure after its owners defaulted on a multi-million dollar loan they used to buy the property. The Point, located on Upper Saranac Lake in the town of Santa Clara, is now being managed by a court-appointed receiver while the foreclosure proceedings brought by Lehman Commercial Paper are pending.
Development to move ahead on 5,000-acre, long-stalled, former ranch
Commercial Property Executive
A 5,000-acre master-planned community planned for the southeast fringes of metro Tucson is back on track. Dubbed Rocking K Ranch, the property was once an active cattle ranch, and adjoins the 66,947 acre Saguaro National Park East.
Mexico's Terrafina to buy Kimco properties for $600 million
Mexican real estate investment trust Terrafina said on that it agreed to pay $600 million to acquire a Mexican property portfolio from U.S. Kimco Realty and its partner American Industries. The portfolio of more than 80 properties totaling about 11 million square feet include light manufacturing facilities for the automotive, aerospace and consumer goods sectors, Terrafina said in a press release.
Real estate agents shift focus from web to social media
N-Play, a leader in providing agent-centric real estate applications and services on Facebook, reported earlier this year that 150,000 real estate agents have become members of its social media services platform during 2012. This foretelling trend by real estate professionals further supports the view that agents are looking to social media as the next frontier to reach and connect with customers.
Buyout offer brings China into the orbit of Club Med
Fewer crazy signs and more karaoke. That could be the future for Club Med, the French resort operator, which said that it had received a $700 million buyout offer led by its two largest shareholders, an investment unit of the French insurer AXA and a Chinese conglomerate called Fosun International.
Cardrona Alpine Resort looks set to return to Kiwi ownership
One of New Zealand's most popular ski fields, Cardrona Alpine Resort, looks set to return to local ownership after Real Journeys was named preferred bidder to buy the field from Australia-listed investment company Vealls. Cardrona Alpine Resort is about an hour's drive from Queenstown in the South Island. Last year the resort staged the FIS Freeski World Cup events at its Olympic-sized half pipe.
Vail sells Breck tract for $11.1 million
Bolder County Business Report
Vail Resorts sold a 2.1-acre land parcel at Breckenridge ski area the planned site of a new, 75-unit timeshare property for $11.1 million. The Broomfield-based resort operator sold the land at the base of Peak 8 to an affiliate of Breckenridge Grand Vacations, according to a press statement.
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