Category Archives: Industry News

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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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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Westin Los Cabos Resort Villas & Spa Reopens

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After Hurricane Newton caused devastating damage to the Westin Cabo San Lucas property in 2016, the resort finally opened its doors to guests on April 1, 2017. Westin has gutted the hotel and is rebuilding the property to feature more lavish villa-style units. The property is also being converted into a Vistana vacation ownership location.

Renamed the Westin Los Cabos Resort Villas & Spa, the resort is open for reservations to the public as a hotel property. However despite being open to the general public, construction and the conversion to villas will be ongoing throughout 2017.

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2017 International Travel Trends Report Increase

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International travel statistics

The numbers for international inbound travel to the U.S. posted strong numbers in January 2017, according to the latest Travel Trends Index (TTI) created by the U.S. Travel Association.

While the numbers for the first quarter of international travel statistics will be released sometime in April, the most recent TTI is promising, showing a year-over-year growth rate of 7.8%. This is a continuation of a months-long streak of unforeseen growth and defying consistent projections of decline. What’s more, the TTI’s score for the Current Travel Index (CTI) is the highest that it’s been since May 2014.

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Planned Resorts in Cambodia Launch Timeshare Industry

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resorts in cambodia

New opportunities for timeshare in Southeast Asia are near, as the nation of Cambodia plans to embrace the industry. Plans for two new luxury resorts in Cambodia have been finalized as their construction draws nearer, with developers searching for ways to bring in long-term real estate investment. With both a seaside and a mountaintop resort totaling more than $30 million in value being planned, avid Southeast Asia travelers will have another resource at their disposal to enjoy a future of vacations to the region.

About the New Cambodia Resorts

Construction for the new resorts is expected to begin in 2018, with doors opening by the end of that year. The largest of the new resorts is The Scarlet, a 200-unit tower of condos planned for the popular coastal destination of Sihanoukville. At a cost of $30 million, the tower won’t be cheap, but is expected to drive revenue through both vacation ownership and real estate. The Scarlet offers a dynamic ownership style—people can either buy condo units outright for anywhere from $100,000 to $500,000, or they can purchase a vacation ownership club membership with the resort for between $8,000 and $40,000. Buying a timeshare at The Scarlet will entitle vacationers to two weeks per year at the location, which will also include on-site amenities like a pool, a gym, and a club lounge.

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