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Fractional Ownership Blog

This Fractional Ownership Blog provides news and articles related to Fractional Ownership, Private Residence Club, and Destination Club, and other properties.


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The Upside of a Down Market: The Advantages of Retaining and ...
Halogen Guides Jets, CA - Bob KnebelBob Knebel
Once they feel the market has bottomed out, and a share becomes available, the owner can immediately transition into a full fractional ownership and all of the benefits that come with it. Jet cards are another excellent alternative for those looking ...


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Research and Markets: Affluent Market for Vacation Homes Looks ...
Live-PR.com (Pressemitteilung), Austria
has announced the addition of the "The Affluent Market for Vacation Homes: Full and Fractional Ownership and Destination Club Memberships" report to their offering. private residence and destination clubs, has declined substantially from 2007 levels, ...

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Building Design

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Norman Foster Fixes the Economy With $24 Million Super Yacht
Fast Company
In a "note to editors," on Foster's Web site, they write: "In these challenging economic times fractional ownership is rapidly becoming recognized as the logical and financially astute way of owning high-end luxury products. ...
YachtPlus' first Norman Foster designed superyacht Ocean Emerald Superyacht Times
Foster turns his hand to timeshare luxury yacht Independent
all 4 news articles


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Want to save? Join the clubs
The Star-Ledger - NJ.com, NJ
Among "fractional" membership programs that make this work are two in New Jersey sailtime, primarily for sailors, and the Freedom Boat Club. These programs are cost-effective and members find they are spending as much time on the water as they would if ...

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Earthtimes (press release)

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Ritz-Carlton Hotel Company Launches New Destination Club
Real Estate Channel, FL
The newly launched Ritz-Carlton Destination Club is really just an evolution of the Ritz-Carlton Club that, for all intents and purposes, defined the high-end fractional ownership industry when it was started 10 years ago. ...
The Ritz-Carlton Redefines the 'Destination Club' PR Newswire (press release)
all 12 news articles

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Overseas Property and Investment News

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Tuscany property alternative hailed
Overseas Property and Investment News, UK
Ms Street-Porter said the solution could lie in fractional ownership, citing the example of the Borgo di Vagli hamlet project - where the whole medieval settlement was restored by architect Fulvio Di Rosa and is available on this basis - as a good ...

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Tampabay.com

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More vacation home owners favor fractional sales, not unlike ...
Tampabay.com, FL
Fractional ownership — a concept that gained popularity during the height of the real estate market as companies like Ritz-Carlton and Fairmont offered buyers an option that was a step up from time-shares — has trickled down to individual homeowners. ...

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Miami Daily Business Review

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Credit Crisis
Miami Daily Business Review, FL
For example, Island Gardens will include 98 fractional ownership residences. Under fractional ownership, people buy use of a unit for weeks or months. That ownership structure is appealing because it lowers the cost to buyers. Now, however, the prices ...


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Cut-Price Consumption
Wealth Bulletin, UK
RISE OF RENTAL The changing landscape is reflected in the growing popularity of fractional ownership and rental fi rms which allow consumers to satisfy their desire for luxury at a fraction of the cost. These were traditionally historically ...


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Space available at The Resort at MarinaVillage
The News-Press, FL
The Resort at MarinaVillage Residence Club at Tarpon Point Marina will open in November and features a 19-story luxury building overlooking the marina and the Caloosahatchee River. The resort includes fully furnished, two and three bedroom luxurious ...


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Trade to Travel introduces new type of Destination Club
Paradizo
The Players Club, similar to a Destination Club but without the financial risks and exorbitant membership fees, is for those who want to enjoy the world's greatest vacation properties and Trade to Travel's full array of dedicated concierge services, ...


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FSOTA newly renamed RDO
Travel Daily News International, Greece
“With FSOTA joining us we are able to significantly increase our representation of the fractional ownership market. It will allow FSOTA members to benefit from our eleven years of experience at promoting best practice, working with governments for fair ...

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Prague Post

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Air time share
Prague Post, Czech Republic
The company says it stands out from competitors with its unique business model of "fractional ownership," a sales method it developed in the United States. In what is essentially a time share, the ownership scheme allows clients to pay a minimum fee of ...


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Wall Street woes may shut Chilmark Inn
Martha's Vineyard Times, MA
Business interests and former inn employees on- and off-Island said this week that the Lehman Brothers investment bank, which declared bankruptcy in September 2008, financed Everlands Life Destination Club, based in New York City and King of Prussia, ...

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PR Web (press release)

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CoachShare Launches First Money Back Guarantee In RV Industry
PR Web (press release), WA
CoachShare, a San Diego based company that sells fractional ownership shares in luxury RVs, announced today it would offer a money back guarantee to all of its customers - a first of its kind in the RV industry. San Diego, CA (PRWEB) April 22, ...


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Avantair enlists TerraPass in offering carbon offsets
Bizjournals.com, NC
Avantair (OTCBB: AAIR), a Clearwater firm that sells fractional ownership of planes, said in a release that it would offset five flight hours of carbon emissions for all new fractional share owners with TerraPass, an originator and retailer of carbon ...


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Is the Canoe Place Inn a historic place?
Newsday, NY
The Rechlers are seeking a rezoning from the Southampton Town board to build what they call a "private residence club" resort, where owners of units can use them 6 to 12 weeks per year. They say their project, which would cost almost $100 million, ...


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Tuscany: A new way to buy abroad
Independent, UK
This the first hamlet in Tuscany to be restored as a complete project for fractional ownership. Basically, that means you buy three guaranteed weeks of your property a year and then it is available for more if it is vacant. The allocation of weeks is ...


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Volo signs long-term deal with NetJets
Sarasota Herald-Tribune, FL
“NetJets is one of our largest clients here in Sarasota, and as the world's largest — by far — fractional aircraft ownership company, it helps us secure our position in the Sarasota market and beyond for years to come,” said Marty Kretchman, ...


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Maine Lakefront Club, a new Residence Club launching this summer
Paradizo
A new private residence club is set to launch this summer in Maine, United States. It'sa unique concept that incorporates existing homes, minimizing new developments and obtrusive construction in the pristine location. Eager to share their enthusiasm ...


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Powder Play: New resorts, lifts planned for 2009-10 ski season
Dallas Morning News, TX
The high-tech Ritz will have a spa, fitness center, kids program, club level, 24-hour room and concierge service, 23 private residences and 25 fractional-ownership units. At British Columbia's Revelstoke Mountain Resort, the second building (56 units) ...


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Marriott Vacation Club continues to evolve and innovate (Part I)
Examiner.com
Marriott operates a luxurious private residence club under their Ritz Carlton brand. They have one of the best regarded rewards programs for owners, and while I'm not generally a fan of rewards programs, this one is so good I know a CEO of a ...


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In Defense of Your Own Plane
Barron's
Also, a company with $3 million a year in sales probably can afford to have its executives travel only on airlines, while a $30 million company might be able to spring for charter flights or fractional ownership. Owning a jet becomes much more ...
Deals of a Lifetime Barron's
all 2 news articles

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PR Web (press release)

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The Reefs Club, Bermuda's Newest Residence Club, Appoints General ...
PR Web (press release), WA
Nagma Walker, new GM of The Reefs Club, stands before the nearly completed residence club. "We're pleased that Nagma has joined The Reefs' family," says David Dodwell, president of The Reefs. "She brings us a great deal of management experience in the ...


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10-K: SUNVESTA, INC.
MarketWatch (press release)
Return to Table of Contents We intend to utilize traditional, existing third party distribution channels for selling fractional ownership interests and are now in the process of identifying experienced business-partners with a proven record of sales ...


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Hyatt aims to open two new Manhattan hotels
Crain's New York Business, NY
The 42nd St. Andaz hotel will offer fractional ownership units on the top floors, while the downtown property—converted from the former JP Morgan headquarters building—will have 253 hotel rooms and condo units on the 18 to 42 floors. ...


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Fractional Ownership Makes the Muskoka Resort Lifestyle Affordable
Emediawire (press release), WA
People are choosing forms of shared or fractional ownership as a more affordable means of fulfilling their dreams of luxury Muskoka vacation property ownership. Port Carling, Ontario (PRWEB) April 16, 2009 -- Development has changed in Ontario's ...


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Vail: One crane down, more to go
Vail Daily News, CO
Drywall work is underway in the residence club, providing a better understanding of the impressive square footage in each of the residences. Drywall is also mostly completed in the building’s outdoor/indoor spa area. Four Seasons Resort Vail includes a ...

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PR Web (press release)

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Santa Fe Set to Welcome More Second Homeowners from Dallas Thanks ...
PR Web (press release), WA
The Residence Club at El Corazon de Santa Fe not only offers the affordable luxury of shared ownership, but its North Texas owners can now get to their vacation residences in less than two hours. A living room at The Residence Club at El Corazon de ...


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Resort Society Extends $1000 Credit to Clients of Society Expeditions
Business Wire (press release), CA
Resort Society is a leading provider of luxury travel and destination club memberships. Resort Society serves discriminating travelers seeking that exclusive travel experience only available to a select few.

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