Timeshare booms at VOIC in Dubai

More than 150 movers and shakers with an interest in being at the forefront of the region's anticipated boom in the timeshare sector met at the third Vacation Ownership Investment Conference (VOIC 2007) in Dubai yesterday.

These included industry chiefs representing Marriott Vacation Club International, Rotana Hotels, Resorts and Suites, Nakheel and Dubai Economic Department.

David Clifton, Interval's managing director for EMEA and Asia, the promoter of the VOIC forum, told the audience that Interval remains committed to the growth of vacation ownership, pending key Government approvals of 'timeshare' laws to help regulate the industry. Dubai is said to be on the brink of announcing such regulation.

"Interval is now in its third decade of operation and works a network of 2,200 world-class affiliated resorts, for more than 1.8 million member families.

Fractional Ownership Explodes Onto South African Shores

Although fractional ownership has been an extremely popular concept over the past few years in the U.S.A., this concept is fairly new in the South African market. According to the African fractional ownership portal 'http://www.fractionalownership.co.za' - a one-stop shop for all news and products in the South African fractional ownership market - fractional ownership enquiries are increasing exponentially by the day, with over 1000 searches for fractional real estate ownership opportunities every week. "This new asset-sharing concept has exploded onto our shores says," Thys Geyser, Chairman of SAAFI (The South African Association of Fractional Intermediaries). "It just makes financial sense - an investor can now own exclusive property on the beachfront, in a golf resort or on a private game farm from as little as $20,000 and utilize his property four weeks per annum."

The South African property market has shown great returns in the past five years.

Divi timeshares still incomplete

Although there is no movement with the sale of the Divi Tiara Resort on Cayman Brac, the corporation says the re–construction of timeshare units there is to be completed in a matter of months.

But one timeshare owner finds it difficult to believe that the construction will soon be in motion, as the building in question was gutted two years ago and has stood open since then.

"We have been told, over two years, that the construction ‘was about to start’," said timeshare owner Edward Haladay of Baltimore, Maryland. "Today the second building stands stripped to its bones, wind and water swept – empty. We’ll believe Divi when we see it completed and occupiable".

Six of the total 12 timeshare units have been renovated. Divi Resorts Vice President Sales and Marketing Mark Steward, said construction for the remaining six is to be finished within several months.

Hamptons Luxury Homes Signs Edwin Fishel Tuccio Real Estate to Its New Sales Referral Program

Hamptons Luxury Homes (OTCBB:HLXH), a nationally recognized and award-winning luxury homebuilder of custom estate homes, today announced that it has signed an agreement with Edwin Fishel Tuccio Real Estate, Inc. for its participation in Hamptons Luxury Homes' recently-announced formal sales-referral program.
"We welcome Edwin Fishel Tuccio to the program," said Roy Dalene, president of Hamptons Luxury Homes. "We believe that his participation in this program will be mutually beneficial."
Hamptons Luxury Homes recently announced its formation of a unique sales program that enables Long Island real estate agents from firms focusing on expensive properties, to provide specific referrals of clients to Hamptons Luxury Homes and receive a fully disclosed fee on those referrals. A number of real estate firms serving the area are already very familiar with the fine quality and craftsmanship of Telemark, a wholly-owned subsidiary of Hamptons Luxury Homes.

Timeshare resale business launches improved website search process ...

Vacation Property Resales introduces new technology to connect timeshare sellers with timeshare buyers on their website www.BuyATimeshare.com. As a worldwide vacation property business, they focus on improving the processes of buying, renting and selling timeshare vacation property. They market to over 250 million vacation property owners, timeshare and campground renters and timeshare buyers worldwide with state-of-the-art marketing technology combining internet, newspapers, magazines and other print and direct mail advertising, video promotions, television ads and billboards designed to effectively match timeshare sellers with timeshare buyers and timeshare renters. Now featuring advanced search technology providing website visitors with a user friendly way to find vacation property that fits their budget and vacation dreams.