Content about Europe

08.31.10

Par for the Course: the Rise of Golf Fractionals

If you'll excuse the pun, the links between golf and fractional property are getting stronger, as the synergy between the two becomes better known. Developers are increasingly adding a golf element to their fractional schemes, and for some it is the main focus of the resort.

One of the most popular reasons for entering into fractional owner- ship is to pursue a particular type of sport,and nowhere does this hold more true than with golf. yooPhuket in Thailand is one such example. Charlotte Rose Melsom of Absolute World, the resort's developer says: “Boutique resorts like yooPhuket are a lifestyle purchase including amenities. The Phuket destination was built because it is surrounded by three of the best golf courses in the world.” Owners will also have use of the golf courses, complete with choice of top of the range golf clubs.

08.24.10

GNEX 2011 EVENT and The Perspective Magazine Awards Gala

The highlight of next year’s GNEX 2011 event will be the Perspective Magazine Awards Gala to be held in the Bahamas. Online voting for nominees opens October 1st 2010, closing December 31st 2010, and award finalists will be announced shortly thereafter.

The winners of each category will be honoured as the top in their industry and region and one will win the top accolade, the “Best in the World” award.

The Perspective Magazine Awards will run in conjunction with the four regional titles of the magazine: North America, Europe & Middle East, South Africa and Asia Pacific. Entrants will compete for "Best In Region" as voted by industry professionals. The top nominees will become Awards Finalists and will then go on to be judged by an exclusive panel.

07.28.10

Applicability of the New Timeshare Directive to Fractional Ownership

The new ‘Timeshare Directive’ is to be implemented into national law across the European Union by 23 February 2011. Some countries have implemented the Directive already, notably France, others such as the UK and Finland, have recently issued draft proposals for new laws and several are consulting interested parties.

03.08.10

Fractional Summit 2010 - Highlights

Last month international delegates flew to London to debate the future of fractional ownership at the Fractional Summit 2010. With consumer interest surging and media coverage now building, will fractionals become “the norm” in the next ten years?

This year's conference theme was “Changing Times, Changing Markets”. The sold-out Summit, hosted by Fractional Life founder Piers Brown www.fractionallife.com provided a lively forum for developers, agents and advisors to share their views on how the fractional industry is shaping up - and how companies must adapt to consumers' changing buying habits in the current economy. Guests from the UK, US, Ireland, Spain, Portugal and Italy packed the room and leading San Francisco-based fractional property analyst Dr. Richard Ragatz was one of the main speakers. Fiona Klonarides went along . . .

02.19.10

Firstlight The K Club Chooses Interval International

Interval International, a leading global provider of vacation services and an operating segment of Interval Leisure Group (Nasdaq:IILG), welcomes Firstlight The K Club in Ireland to its exchange network. On the grounds of The K Club Golf and Spa Resort in the beautiful County Kildare countryside 22 miles (35 km) from Dublin, Firstlight The K Club owners will benefit from full family membership of the K Club, including its two championship golf courses, venue of the 2006 Ryder Cup and host to the European Open from 1995 to 2007. The resort’s 550 acres (223 hectares) of parkland are laced with walking and cycling paths and also include a luxury AA Five Red Star hotel, country club amenities, and full service spa.

01.25.10

Fractional Life Awards Judges Panel Named

Timeshare industry professionals will most likely be interested to hear who has made the cut for the Fractional Life Awards judging panel.

Four experts from the fractional sector have been chosen, including Philip Bacon, managing director (MD) of Europe, the Middle East, Africa and Asia at HVS Shared Ownership Services.

01.25.10

Fractional Summit USA Launched

Fractional Summit USA has been launched and will take place at the InterContinental Hotel, Miami, from August 31st to September 1st this year.

Organisers, Fractional Life, said that the event will hope to attract some of the sharpest minds in the fractional real estate market and will discuss the future of the industry.

01.13.10

Law Firms Announced as Fractional Summit Sponsors

Law firms Irwin Mitchell and Sirkin & Associates have been named as sponsors of the upcoming Fractional Summit 2010.

According to Fractional Life, the two organisations have knowledge of the industry and Andy Sirkin of Sirkin & Associates was present at last year's event.

He said that he realised the excellent opportunity of sponsoring such a meeting - the biggest business-to-business fractional real estate conference in Europe.

10.12.09

FSOTA Announces Special Introductory Membership Offer

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.

08.03.09

Fractional Summit 2010 Announced

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.

07.02.09

Fractional Property Resales

As the fractional property market attracts more interest in the UK, the issue of potential resales is one which affects both lenders and buyers. So what are the prospects for an established fractional resale market?

Fractional Life's Aaron Weddell gives an overview of fractional property resales in Europe, America and South Africa, and talks to some of the specialists in this growing and exciting area of Vacation Ownership . . .

04.21.09

Fractional Ownership Body FSOTA Joins Newly Renamed RDO

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.

02.17.09

Holiday Home Investors Turn to Fractional Ownership, FT States

Growing numbers of people looking to invest in an affordable holiday home are turning to fractional ownership to get the most out of their money, the Financial Times (FT) reports. Hapimag, the oldest timeshare provider in Europe and long-standing member of the Resort Development Organisation, is offering such people a more flexible approach to fractional ownership, the news provider states.

01.24.09

Super Yacht Fractional Ownership Received Well

The idea of fractional ownership of a superyacht has been received well in the market as the difficult economic situation has made it difficult to purchase and maintain one, it is said.

According to Curvelle, there are a number of different options for people to take when considering fractional ownership of a vessel but the company has set up a system that gives consumers increased flexibility.