CRDA Insider
Mar. 12, 2015

Bank of Montreal: U.S. vacation homes expected to remain attractive for Canadian buyers
As Canadians head south for spring break to escape the winter chill, U.S. housing affordability remains good despite a stronger U.S. dollar, according to a new outlook from BMO. Prices are expected to continue an upward trend in Florida, Arizona and other popular areas for Canadians owning vacation properties. More now offers timeshare resale financing options
Inside The Gate
Timeshare resale advertiser has announced an agreement to include direct links on its website to specific financial companies willing to provide financing for timeshare resale purchases. Lack of financing for the resale market has often been seen as a barrier to entry for some buyers, and a competitive disadvantage for resellers compared to vacation ownership developers offering finance options for products sold through their resorts. More

Chinese firm wins bidding war for Club Med
RCI Ventures
Chinese giant Fosun has secured control of Club Med after a two-year bidding war. The price offered to shareholders values the French all-inclusive operator at €939 million. Fosun used a special investment vehicle, Gaillon Invest, to conduct its bid, and became the sole bidder for the well-known brand after its rival, the Italian tycoon Andrea Bonomi pulled out of the race. More

Crelogix is proud to be the winner of 2015 Canada's Top 100 SME Employers
Crelogix Acceptance, a leading Canadian consumer financing provider, has been awarded Canada's Top Small & Medium Enterprises 2015 by Canada's Top 100 Employers. Canada's SME 2015 is a national competition that recognizes small and medium sized enterprises for creating exceptional workplaces with forward thinking human resources. More

Wyndham Vacation Ownership names Mark Johnson as Chief Hospitality Officer
Inside The Gate
Wyndham Vacation Ownership (WVO), the world's largest vacation ownership company and a member of the Wyndham Worldwide family of companies, announced the appointment of Mark Johnson as chief hospitality officer. Johnson, who has 11 years tenure with WVO, joins the company's executive leadership team. More

13 tiny vacation houses we're really big on
One look through these homes and you'll start to seriously consider seriously downsizing. Click READ MORE to view photos of some stunning tiny houses!More

Winners revealed for 2015 Perspective Magazine Awards
Perspective Magazine
Twenty companies and professionals were honored with one of the timeshare industry's highest honors during a one-of-a-kind gala at the record-breaking Fifth Annual GNEX Conference in San Diego, CA. More

MP: Canadians regularly going to U.S. for long stays need to be mindful of changes
CBC News
A B.C. MP is warning people about a new information-sharing agreement between Canada and the United States that could put travellers who regularly spend a lot of time in the U.S. at risk of significant consequences. More

Credit card breach at Mandarin Oriental Hote Group
In response to questions from KrebsOnSecurity, upscale hotel chain Mandarin Oriental Hotel Group confirmed that its hotels have been affected by a credit card breach. Reached for comment about reports from financial industry sources about a pattern of fraudulent charges on customer cards that had all recently been used at Mandarin hotels, the company confirmed it is investigating a breach.More

Club Intrawest says, welcome to the club, Tesla!
Inside The Gate
Club Intrawest, a boutique private vacation Club, is pleased to announce the installation of electric vehicle charging stations at the Club Intrawest — Tremblant location. This is the first installation in the Club's plan to introduce electric vehicle charging stations at five Club Intrawest locations.More

Update: Hoteliers readying for wearable tech
Hotel News Now
Technology giant Apple made a splash with a recent keynote address providing more detail about the much-anticipated release of its new venture in wearable tech, which will soon be available for purchase. Several hotel companies are getting in front of that launch date with news of their own tailor-made apps for the device. More

Grand Pacific Resorts wins 2 top industry awards
Inside The Gate
Grand Pacific Resorts, a timeshare company based in Carlsbad, California, took home not one, but two prestigious industry awards, Best Marketing Professional and Best Team, from Perspective Magazine's annual awards presentations honoring the best in the timeshare industry. These awards are considered among the highest achievements in timeshare, as the winners are decided in part from votes by their industry peers.More

On-property messaging tips for hoteliers
Hotel News Now
If the pre-stay phase of digital marketing is all about targeting guests and getting them to engage with your brand enough to book a stay, then the on-property phase is about using digital marketing to enhance their stay and also to solve problems that might come up during their time on property. Speakers at the recent Hospitality Sales and Marketing Association International's Digital Marketing Strategy Conference said that while targeting messages to guests while they're on property can have tremendous value, it also raises to major challenges. More

Victoria family sells Pacific Sands Resort in Tofino
Times Colonist
Victoria's Pettinger family, after 42 years of ownership, has sold Pacific Sands Resort in Tofino to Vancouver-based Gordon Nelson for an undisclosed sum. The resort, which had been on the market since the fall of 2013, had been listed for sale at $29.8 million. More