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Interval Leisure Group completes acquisition of Hyatt Residential Group
Inside The Gate
Interval Leisure Group has completed the previously announced acquisition of Hyatt Residential Group from affiliates of Hyatt Hotels. The purchase price of approximately $220 million includes Hyatt's interest in a joint venture that owns and is developing Hyatt Ka'anapali Beach, a 131-unit shared ownership property in Maui.
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GNEX 2015 Conference:February 15-18, 2015
Perspective Group
GNEX 2015 is hotting up, with more delegates registered faster than ever before. We are now on our final discount stage where if you register within the next 25 tickets to be purchased you can still save $200 off before we move to our regular rate.
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Wyndham Kirra Beach receives highly esteemed TripAdvisor award
Inside The Gate
Wyndham Vacation Resorts Asia Pacific Kirra Beach, one of Wyndham's most popular resorts, has received the 2014 TripAdvisor Certificate of Excellence. The Certificate of Excellence is awarded to those who have attained the very highest level of excellence in the resort and hospitality industry and is based on feedback from travellers on TripAdvisor.
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Starwood Hotels and Resorts Worldwide to relocate its global headquarters from U.S. to India
The Times of India
One of the world's most formidable hospitality Group — the Starwood Hotels and Resorts Worldwide which has brands like the Sheraton, Le Meridien and Westin has decided to relocate its global headquarters from the U.S. to India in March 2015, for a month. Starwood president and CEO Frits van Paasschen and the company's top executives will split their time between Mumbai and Delhi, conducting day-to-day business from this important global destination with immense potential for outbound travel.
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Hyatt Residential Group acquires full interest in Key West Resorts
Inside The Gate
Affiliates of Hyatt Hotels have completed the previously announced sale of Hyatt Resident Group ("HRG") to Interval Leisure Group ("ILG") IILG, a leading global provider of non-traditional lodging across a broad spectrum of the vacation industry. The HRG portfolio includes three shared ownership projects in Key West, Florida — Hyatt Sunset Harbor, Hyatt Beach House and Hyatt Windward Pointe.
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Australian families name their favourite resorts
Inside The Gate
When it comes to determining where we spend our family holidays, what drives our decision making? Is a great location temptation enough, or is value for money more important?

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CRDA announces finalists for 2014 Cornerstone Award
Perspective Magazine
The Canadian Resort Development Association has announced the finalists of its 2nd annual Cornerstone Award. This coveted award recognizes innovators in the vacation ownership industry and entry was open to any company, Home Owners Association, individual or vacation ownership project.

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2013 banner year for U.S. vacation timeshare industry
Hospitality Net
The U.S. timeshare industry enjoyed significant growth in 2013, according to the State of the Vacation Timeshare Industry: United States Study 2014 Edition conducted by Ernst & Young.

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Royal Resorts celebrates 20th anniversary of Employee Education Program
INTUITION by Perspective Group
Royal Resorts, a family of luxury resort properties in Mexico, is committed to supporting its employees every way they can, and one significant example of this is the development of their skills through an Employee Education Program, which is celebrating its 20th year of providing staff the opportunity to take the courses necessary to graduate at secondary school level.
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Hilton Worldwide agrees to sell the Waldorf Astoria New York to Anbang Insurance Group for $1.95 billion
Hotel Development
Hilton Worldwide Holdings recently announced it has entered into an agreement with Anbang Insurance Group, under which Anbang has agreed to purchase the Waldorf Astoria New York for $1.95 billion. As part of this long-term strategic partnership, Anbang will grant Hilton Worldwide a management agreement to continue to operate the property for the next 100 years, and the hotel will undergo a major renovation to restore the property to its historic grandeur.
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Wyndham's charity initiatives named best in the hotel industry
Inside The Gate
Wyndham Vacation Resorts Asia Pacific's philanthropic program has been recognized as the top performing charity initiative in the Australasian accommodation industry. The Wishes by Wyndham program was a joint winner in the "Service to the Community" category at the prestigious 2014 HM Awards, which recognize the most innovative and successful achievers in the hotel sector across a range of brands, chains and properties.
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Can you really pay for a vacation house by renting it out?
Wall St. Cheat Sheet
Your ability to purchase a vacation home that can pay for itself depends on several factors. According to Zillow, operating expenses can be very expensive — often, these costs are 60 to 70 per cent of revenue. These costs include communicating with interested parties, marketing and advertising, building a website, replacing items when they "disappear," drafting leases, processing rent agreements, paying bills, paying for maintenance and cleaning, and more.
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From bike valets to car condos, real estate developers cater to affluent boomers
The Motley Fool
Baby boomers have money to burn, and are destined to control at least 70 per cent of consumer spending by 2017. So far, however, their potential has been largely untapped by marketers, who can't figure out how to sell boomers what they need.
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TRENDING ARTICLES
Missed last week's issue? See which articles your colleagues read most.

    CRDA announces new appointments to Board Of Directors (Perspective Magazine)
First Canadian Resort Conference delivers powerful content (Perspective Magazine)
CRDA announces finalists for 2014 Cornerstone Award (Perspective Magazine)

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CRDA Insider
Frank Humada, Director of Publishing, 289.695.5422
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Oliver Kirby, Multiview, Content Editor, 289.695.5401   
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