Blog Entries - August 2009

Ritz-Carlton Refines Vacation Ownership Concept

chris@panamabeachrealty.com — Mon, 31 Aug 2009 06:00:00 +0100

Hotels Magazine
Ritz-Carlton Refines Vacation Ownership Concept
Hotels Magazine
Now known as The Ritz-Carlton Destination Club, the equity-based private membership program features new points-style Portfolio memberships, as well as its ...

and more »

Wealthy Muskoka Cottager Creates his own Fractional Ownership Program

chris@panamabeachrealty.com — Thu, 27 Aug 2009 06:00:00 +0100

Wealthy Muskoka Cottager Creates his own Fractional Ownership Program
Mass Media Distribution LLC (press release)
Rosseau, Ontario (MMD Newswire) August 27, 2009 -- A new Fractional Ownership plan for a private upscale Muskoka lakefront property is being implemented, ...

Quintess, The Leading Residences of the World, Now More ...

chris@panamabeachrealty.com — Wed, 26 Aug 2009 06:00:00 +0100

Business Wire (press release)
Quintess, The Leading Residences of the World, Now More Than 500 ...
Business Wire (press release)
Despite the overall economic climate and some contraction in the destination club industry, Quintess, LRW grew significantly in the first half of 2009. ...
Quintess revises dues, fees structureBoulde [...]

Stokes boys dismiss rumours of trouble at Residence club

chris@panamabeachrealty.com — Mon, 24 Aug 2009 13:00:00 +0100

Stokes boys dismiss rumours of trouble at Residence club
Herald.ie
The boys behind Dublin private members' club, Residence have insisted their exclusive members' club is not in trouble. ...

Asia＊s First Luxury Private Destination Club Launched

chris@panamabeachrealty.com — Mon, 24 Aug 2009 06:00:00 +0100

Asia＊s First Luxury Private Destination Club Launched
eTravelBlackboard - Asia Edition
Villa Partners International™ has announced the launch of Asia＊s first, true luxury Private Destination Club under the name LUXLife™. ...

Jet Republic Unit Suspends Operations; Bombardier Drops Order

chris@panamabeachrealty.com — Thu, 20 Aug 2009 06:00:00 +0100

Globe and Mail
Jet Republic Unit Suspends Operations; Bombardier Drops Order
Wall Street Journal
The company launched last year with a so-called fractional ownership business similar to the NetJets concept controlled by Berkshire Hathaway Inc. (BRKA, ...
Financing crisis brings Jet Republic to a haltFlightglobal
Bombardie [...]

Hyatt Siesta Key Beach Fractional Ownership Officially Opened

chris@panamabeachrealty.com — Thu, 13 Aug 2009 06:00:00 +0100

Hyatt Siesta Key Beach Fractional Ownership Officially Opened
GoTimeshare.org
Hyatt Siesta Key Beach is now officially open, according to the Carlyle Group, and offers the first purpose-built luxury fractional beachfront residences in ...

and more »

Hyatt opens Siesta resort

chris@panamabeachrealty.com — Thu, 06 Aug 2009 06:00:00 +0100

Hyatt opens Siesta resort
Sarasota Herald-Tribune
The resort is the 15th property in the Hyatt Residence Club and Hyatt Vacation Club portfolio. Hyatt also has Florida resorts in Key West and Bonita Springs ...

and more »

ULTIMATE ESCAPES DESTINATION CLUB

chris@panamabeachrealty.com — Thu, 06 Aug 2009 06:00:00 +0100

ULTIMATE ESCAPES DESTINATION CLUB
Santa Ynez Valley Journal
This high-end destination club has every location you could want to visit in North America — and more. This is probably a very good time to lock in ...

Expert outlines benefits of fractional ownership in Spain

chris@panamabeachrealty.com — Wed, 05 Aug 2009 06:00:00 +0100

Expert outlines benefits of fractional ownership in Spain
Overseas Property and Investment News
Catriona Hogan, marketing director for the Fractional Group, noted that investors can rent out any time they do not use in a property in order to boost ...

'Golf on Your Doorstep'

chris@panamabeachrealty.com — Wed, 05 Aug 2009 06:00:00 +0100

'Golf on Your Doorstep'
PR Newswire (press release)
Fractional ownership (shared ownership in perpetuity) is a fast growing sector of the property market. It is considered to be one of the most financially ...

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NetJets Inc. Chairman and CEO, Richard T. Santulli Steps Down

chris@panamabeachrealty.com — Tue, 04 Aug 2009 06:00:00 +0100

Washington Post
NetJets Inc. Chairman and CEO, Richard T. Santulli Steps Down
Business Wire (press release)
Richard Santulli is synonymous with the fractional jet ownership industry and his vision and energy has made NetJets the leader that it is today. ...
Buffett Loses Top Gun at NetJets (BRK-A)24/7 Wall St.
Santulli le [...]