Category Archives: Industry News

Key Announcements from Disney Parks and Resorts at 2017 D23 Expo

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2017 D23 Expo

Many exciting Disney announcements and updates were made at the 2017 D23 Expo on June 15th at the Anaheim Convention Center. Guests enjoyed Disney Legend Awards, celebrity appearances, panels and presentations, films, and exhibits. But the real excitement featured announcements of updates coming to Disney Parks and Resorts including new attractions, new resort experiences, transporations options, and more.

New Resort Experiences

Some particularly fun updates come in the form on brand new resorts, including the 15th Disney Vacation Club property, Disney Riviera Resort. This stunning club resort will be located in Epcot and will feature a rooftop restaurant where guests can take in views of Epcot and Disney’s Hollywood Studios. Accommodations will include studios, one-, two-, and three-bedroom villas as well as luxury waterfront cabins. A new skyway transportation system will also connect this resort to other areas of Walt Disney World.

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Report: 42% of Americans Aren’t Planning Summer Travel

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summer travel

It’s no secret that a great deal of Americans let their paid vacation time go to waste, resulting in millions of missed hours U.S. citizens can spend traveling. However, that well-known fact was taken one step further in a recent study conducted by Skift, where an estimated 42% of Americans have yet to make firm summer travel plans. Additionally, 35% responded that they haven’t made summer vacation plans yet, but may still plan on booking a last-minute deal.

Analyzing the Dismal Summer Travel Numbers

The disappointing travel stats come on the heels of an American economy that’s seen a steady increase in job creation as well as plummeting unemployment. As a result, one might expect summer travel numbers to be up with the addition of more paid time off and guaranteed vacation days for new employees. However, many cite the importance of their job as the primary factor for not taking a vacation.

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Report: Sales of Vacation Homes Drop for Second-Straight Year

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vacation homes

For the second-straight year, a significant drop in the sales of vacation homes has occurred among American travelers. According to a report by the National Association of Realtors, rising prices and financial uncertainty contributed to the continued decline, marking a clear trend of restraint among frequent vacationers. The new numbers may also indicate a turn toward vacation alternatives, such as timeshare ownership.

Overall, vacation home sales in 2016 dropped by more than 21% from the previous year, a significant change from years past when vacation home sales were rising extraordinarily. The drop in 2016 was preceded by an 18.5% decrease in 2015, totaling a two-year plummet of 36%. While those seeking to flip vacation homes into investment opportunities continued to make real estate purchases, a volatile financial market caused many who plan to personally use vacation homes to pause.

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Emerging Timeshare Industries to Watch [Infographic]

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timeshare industries

The global timeshare industry has seen significant growth in recent years due to increased occupancy rates at ownership resorts and heightened incentive for vacationers to become club members. The news is good for a number of reasons—on one hand, current owners will benefit from a more competitive market by experiencing greater owner benefits and services. On another hand, newer, more efficient vacation ownership solutions will undoubtedly become available for prospective buyers.

Vacation ownership is alive and well in lucrative markets such as the U.S., the Caribbean, Europe, and elsewhere. But several smaller timeshare industries are starting to gain steam and drive revenue, encouraging growth in areas that have never been strong markets for vacation ownership. Between already-established areas changing legislation and welcoming new developers, to nations new to the concept of timeshares altogether, the industry is taking off around the globe.

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Train Vacation Timeshares are Gaining Steam

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train vacation

A new trend is taking hold in the vacation ownership industry. Luxury train vacation timeshares are becoming increasingly popular, as travelers prefer more diverse vacation solutions. One-upping flexible and modern vacation club memberships that offer different lodging solutions, these new train timeshares are offering a product all of their own. With “trainshare” solutions coming by the end of the year, vacation ownership aficionados will have another option to consider for their yearly trips. So, what do you say—are you ready to trade in that villa or condo overlooking the ocean for your own train car?

All Aboard the Trainshare Express

Train vacation ownerships are the brainchild of America’s Trains Inc., an operator of luxury trains traveling across the U.S. Their popular all-inclusive journeys on passenger railroad cars will be offered in timeshare form by the end of 2017. Here’s how it works:

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