Thursday, June 10, 2010 - 09:56
Increasingly, developers are offering prospective buyers “Try before you buy” deals which are are a useful sales tool, allowing customers to get the feel of a resort in a way which presentations and visuals just can't deliver.
At Frontenac Shores on Lake Mississagagon in Ontario's Land O'Lakes region, developer Pat Storm offers his buyers Discovery Stays.
"They become reacquainted with nature, and I think it's important to experience it rather than just coming up to look. And being right on the water, just the views - when you're sitting over dinner, cooking breakfast or having breakfast on the porch, you can experience that so much more when you're here doing it rather than just imagining it," says Storm.
Wednesday, January 13, 2010 - 11:29
If a star of Dragon's Den says they are in, then fractional ownership has got to be a worthwhile investment.
Businesswoman Sarah Newman, who features in the Irish version of the show for budding entrepreneurs, lives part-time at what she describes as the five-star K Club in County Kildare.
Wednesday, January 13, 2010 - 10:29
Those looking for a sense of adventure on their travels should consider fractional ownership with Toy Box - a company that offers adrenaline lovers the chance to get the thrills they seek.
Based on the concept of timeshare toys, Toy Box has taken the best of fractional ownership options for jets, yachts and luxury cars and gives holidaymakers access to a large variety of toys, and the best areas on the west coast of America to use them.
Wednesday, January 13, 2010 - 10:23
Mahindra Holidays and Resorts (MHRIL) is planning to launch a number of new concepts for consumers, including fractional ownership villas, it has been reported.
Other new services to be provided by the organisation will include a product for senior citizens with a focus on wellness therapies as well as a budget resort chain, the Economic Times has reported.
Monday, October 12, 2009 - 20:42
FSOTA (Fractional & Shared Ownership Trade Association) announced today a special introductory offer for new members. Companies that join the FSOTA between now and 1st February 2010 will receive full membership of the association at 1,216 Euros per year. This price is frozen for a 2 year period.
Monday, August 3, 2009 - 07:50
Fractional Life has announced the Fractional Summit 2010, the biggest business-to-business fractional property conference in Europe.It will run from February 18th to 19th at the Marriott London, Grosvenor Square. This year's event saw more than 210 delegates from 23 countries pay a visit and the 2010 summit will offer a chance to meet all the important players in the fractional property market.
Tuesday, July 14, 2009 - 06:56
The new Luxury Coach Club (LCC) has been launched and will offer a fractional ownership offering. Members of LCC will be able to use the luxury coach several times a year over a three-year period, with maintenance carried out by the company, including delivery and pick-up of the vehicle.
Tuesday, July 7, 2009 - 09:29
Flexjet's 25 Jet Card programme has been named Best of the Best in the Fractional Program category by Robb Report. The company received the honour in Robb Report's 21st Annual Best of the Best issue published in last month.
Thursday, July 2, 2009 - 12:46
Over two-thirds (69 per cent) of Fractional Life users plan on buying their fractional product within six months, according to research from the company.
A poll of users revealed that 36 per cent of potential fractional property purchasers believe location is the most important factor, with 28 per cent claiming price was more vital.
Thursday, July 2, 2009 - 12:54
Jet Republic has reported high level of interest in its fractional ownership and jet card offerings from European governments.
It revealed that it is already in communication with 8 of the 27 EU governments about their future private jet needs.
According to the firm, governments are looking to cut costs on aviation by examining fractional ownership options, while use of commercial flights by government officials is becoming increasingly troublesome as airlines are cancelling some of their less profitable routes.
Monday, June 22, 2009 - 06:37
International Luxury Real Estate has announced the addition of the Aquapura villas to its offering in Portugal.
Buyers have the choice of fractional ownership in the villas, which are set among vineyards and mountains in the north-east of Portugal and overlook the Douro River.
Thursday, June 4, 2009 - 13:00
Fractional ownership is a great opportunity for those investing in a second home for the first time or looking to enter the overseas property market, one news provider states.
Owning part of a property makes sense for such people, as long as they choose the right one, says Country Life.Fractional ownership is also ideal for those who do not want to worry about upkeep, a potentially empty property and restrictions on when they can holiday, it continues.
Tuesday, June 2, 2009 - 19:43
A Scottish businessman has ventured into the world of fractional ownership with luxury lodges on the banks of Loch Lomond. Charles Cottam, managing director of Loch Lomond Leisure, has finally realised his dream with support from Scottish Enterprise, the Sunday Herald reports. Of the 11 lodges at the site, two will initially be available for fractional ownership, each divided into six fractions of eight weeks each.
Thursday, May 21, 2009 - 08:26
Magnolia Private Residence Club in the Florida Panhandle has implemented a dog-friendly policy, with small to midsize dogs welcome at the property. Management at the club felt it was sensible to go against the grain and let such canines on the site, something that private residence clubs typically do not allow.
Tuesday, May 5, 2009 - 20:37
Fractional Life's Aaron Weddell poses 25 questions you might ask Fractional Boat Operators before you sign on the line . . .
Thursday, April 30, 2009 - 08:23
A World Forum on Fractional Ownership has been held in London and was sold out, it has emerged. According to the organisers Fractional Life, the event was so popular because fractional ownership is the hottest new trend in real estate, delegates coming from across the world to pick up some market tips from industry professionals.
Tuesday, April 21, 2009 - 08:15
The Fractional and Shared Ownership Trade Association (FSOTA) has become a member of the trade body for vacation ownership, Resort Development Organisation (RDO). Formerly known as OTE (Organisation for Timeshare in Europe) RDO changed its name and opened up its membership to reflect changes in the vacation ownership industry, which has moved well beyond traditional forms of timeshare to include offerings such as ‘floating weeks’, the points system, fractional ownership, private residence clubs, destination clubs and condo hotels.
Wednesday, February 11, 2009 - 07:41
Curvelle has spoken out about its new luxury yacht - the 33X9. Fractional ownership specialist Curvelle has unveiled details on one of its new vessels - the 33X9. Work on the 33-metre motor yacht is set to begin this year at the prize-winning Cheoy Lee Shipyard and it has been designed by Incat Crowther Naval Architects with help from superyacht and motor catamaran experts.
Tuesday, February 10, 2009 - 07:28
The Residences at the Little Nell (RLN) has been opened and the fractional ownership project is situated at the base of Aspen Mountain. Fractional ownership buyers will be able to enjoy a number of amenities at the resort, such as a health centre, a rooftop pool, direct ski-in and ski-out access as well as 24-hour maid and concierge services.
Friday, February 6, 2009 - 22:30
Widely renowned for its hospitality, turquoise-colored water, and pink-sand beaches, Bermuda is one of the most accessible island destinations. The ideal location and climate render Bermuda a logical second home destination, but for years real estate has been virtually unattainable for foreigners. The recent advent of fractional ownership, however, is finally attracting greater numbers of foreign buyers. The newest such property is The Reefs Club, a private residence club due to open June 2009 next to Bermuda’s most award-winning hotel, The Reefs.
Friday, February 6, 2009 - 23:33
Magnolia Private Residence Club, a fractional ownership vacation property, has been officially opened with a number of amenities and services. The property features 17 residences with 3 bedrooms as well as a media and activity room, a concierge service and a fitness centre with a sauna and massage room.
Monday, February 2, 2009 - 22:20
The biggest luxury exchange programme in the world has announced a new affiliation with Avenio Prieure, thereby adding three new French properties to its portfolio. As part of the Wyndham Worldwide family of brands, the Registry Collection initiative made the announcement that will see new properties in Provence developed with the Les Maisons de Baumaniere hotel collection.
Saturday, January 31, 2009 - 21:48
Four Seasons Residence Club Punta Mita has unveiled phase 2 of it's development, which consists of 15 new fractional homes that owners will be able to purchase from this month onwards. Since work started on the Residence Club in June 2005 there has been demand for the property and Four Seasons is dedicated to setting high standards in terms of luxury and amenities at the resort.
Friday, January 30, 2009 - 21:44
Taylor Woodrow de Espana has joined forces with Fractional Ownership Consultancy (FOC) to provide fractional freehold ownership in 16 resorts across Spain. A number of apartments will be on offer on a fractional basis and to begin with, FOC will implement its fractional ownership system in two Taylor Woodrow developments situated around the Los Arqueros Golf Course, which is 10 minutes from Marbella.
Thursday, January 29, 2009 - 22:48
E3Escapes has introduced the first ever luxury 3-dimensional fractional home ownership product in Cabo. The Villa Las Palmas Collection features 6-star services, a 13,000 sq ft mansion as well as a 60-ft yacht.
