Bluegreen Stock Soars

Stock in Boca Raton-based Bluegreen Corporation has risen since it announced Diamond Resorts International may acquire it for about $500 million dollars. The companies last week signed a non-binding letter of intent that gives Diamond Resorts an exclusive right of negotiation through Sept. 15, during which time it will conduct more extensive due diligence.

Diamond Resorts offered $15 per share for Bluegreen, which amounts to about a half billion dollars. During the past 52 weeks, shares in Bluegreen have fluctuated between $5.91 and $12.53 per share. Late last week, the store rose to $11.92 from the previous Monday’s close of $5.48.

Based in Las Vegas, Diamond Resorts is one of the largest vacation ownership companies in the world with 110 branded and affiliated resorts in 14 countries. Bluegreen, headquartered in Boca Raton, operates resorts and residential community businesses. It currently employs more than 6,000 people, said company officials.

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Larry Hayden

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China's Hotel Market to Drive Growth

The global lodging industry has seen tremendous growth in 2006 backed by growth in four continents - Asia, South & Central America, Europe, and the Middle East reporting double-digit RevPar growth.

Although North America, traditionally a market that use to drive the global hotel industry slowed down in 2006, Western European countries specifically France, Austria and Germany and Asian countries like China and India came to the industry's rescue with a major growth in the hotel segment.

The Asian countries specifically China and India are witnessing the fastest growth in the lodging industry supported by international business and leisure tourism. Three major factors are driving growth in the Western European and the Asian countries - a sound economic growth in these regions followed by increasing business activities and the advent of new tourist
destinations.

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Larry Hayden

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Timeshare Thrives in Economic Slump

Across the country resort developers are putting new projects on hold and trying to figure out how to salvage sales of projects already under construction. But a timeshare developer from Florida, David Siegel, CEO of Westgate Resorts, is setting record sales in what others would consider a down market.“If I did not read the paper I would think our economy is booming,” said Siegel. “Our occupancy is up and sales continue to surpass the records we set in 2007 when we exceeded $1.1 billion in revenue.”

The past 30 year history of the timeshare industry is ripe with examples of how resilient this business is during periods of economic or domestic uncertainly, and Westgate has consistently led the industry in growth each year. In fact, after the September 11th attacks virtually crashed the tourism market in destinations like Orlando and Las Vegas, the timeshare industry showed solid improvements in both occupancy rates and sales.

Many industry experts credit timeshare for buoying the local tourism-related businesses in a period when hotel occupancy rates dipped below 20% at these destinations.“Gas prices are at an inflation-adjusted high and food prices have skyrocketed. But people still want to vacation; they’re just looking for someone to make it affordable,” explains Siegel. “The fact that we can offer them five-star luxury at a price they can afford is the thing that sets us apart.”

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Larry Hayden

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Starwood's New Ka'anapali Resort Plans

Starwood Hotels & Resorts Worldwide unit Starwood Vacation Ownership announced plans for a 390-unit timeshare at Ka'anapali on Maui that is expected to open in the fall of 2011.

The resort, which will include one-, two- and three-bedroom units, will be built next to an existing Starwood timeshare resort in Ka'anapali.

The new project has been designed to meet the requirements to receive certification under the U.S. Green Building Councils Leadership in Energy and Environmental Design rating system, which is the nationally accepted benchmark for green building.

To see all of Starwood's properties click this link: http://www.alltimeshare.com/starwood.html

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Larry Hayden

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Resale Market Drums Up Big Business

Timeshares continue to be big business — more than $8 billion a year — despite the sluggish economy. Reports show growing number of entreprenuers going into the resale and rental business, obtaining high end weeks at low end cost and turing a profit from rental income.

The American Resort Development Association (”ARDA”) reports that more than 4.5 million U.S. households own one or more timeshares in 1,604 timeshare resorts. A growing number of entrepreneurs with an exceptional grasp of timeshare purchasing, closing and selling have begun to acquire multiple, sometimes dozens of, inexpensive weeks at upscale resorts via resale channels, which they then rent out weekly or on a per-night rate comparable to what a nice hotel would charge.

Are they concerned about owning so many pieces of the only real estate asset class that always loses money when resold? Not when they come to understand that they cannot make the rental concept work if they buy directly from the developer. Most say that you have to be sure of what you are buying and purchase only on the resale market because the cost from the developer simply is too high for it to become a rental that will pencil out.

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Larry Hayden

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Take Two Weeks and Call Me in the Morning

American Resort Development Association Concurs with Recent Survey Findings that Americans are Vacation-DeprivedWhile many people across this great nation get ready to celebrate the first weekend of summer, most people don’t have any plans to vacation this year.

Based on the recent Expedia Vacation Deprivation™ survey, Americans not only receive the smallest amount of vacation time among their counterparts abroad, they often fail to use it. The American Resort Development Association (ARDA) challenges the vacation-deprived among us take the first step to recovery and admit there is a problem.

The second step in vacation deprivation recovery is to ensure that the vacation is the best possible experience it can be. ARDA member resorts provide spacious accommodations in stunning locations with all the comforts of home. A timeshare resort offers hassle-free second home vacations designed with the sole purpose of making the most of precious leisure time together.

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Larry Hayden

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The Best Way to Enjoy Vacations

The timeshare property is a lot more than just a hotel room. The unit is just like a second home with accommodation and facilities like private bathrooms, kitchens, and work out options. This provides a home like environment to you while being on holidays.

The foremost benefit of owning a timeshare is to enjoy and relax through your vacations without any stress. You don’t have to plan and search for different offers and bargains for suitable accommodation during vacations. Instead, timeshare offers you full-fledged utilities, facilities and comfort. By buying a timeshare property, you also don’t have to deal with ever-increasing hotel room rates.

The prime advantage of timeshare ownership is its flexibility to exchange the property with another resort or property anywhere in the world. In this way, you can spend your vacations at different places every year. Moreover, timeshare also provides the facility of splitting of weeks for people who have different schedules every year and are looking for mini vacations throughout the year.

The timeshare concept is also cost saving for its owners. The timeshare owners are not dependent on the fluctuations of hotel prices, as they have already paid for their timeshare vacation. Although they have to maintain their unit property from time to time but then, they pay very less in comparison to the ever increasing rates of luxurious hotels and resorts.

Timeshare owners have a certain degree of control over their properties. They have the option of reselling their timeshare at any time. They can also rent their property to others for the unused weeks. Some owners also present their timeshare unit as a gift to their friends and loved ones.

Remember we are here for all of your timeshare needs. We want to hear from you if you have questions or comments to make. Please tell us how we can serve you best!

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Larry Hayden

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