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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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Crain's Chicago Business

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It's a smaller world for luxury vacations
Crain's Chicago Business, IL
Abercrombie & Kent created its residence club with equity stakes for members last year after acquiring two smaller clubs. It is offering two-year transitional memberships without its normal initiation fee of $495000. Members pay regular annual dues, ...


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Fancy owning a luxury lodge on the banks of Loch Lomond? Yours ...
Sunday Herald, UK
Charles Cottam, managing director of Loch Lomond Leisure Ltd, says he spent years fruitlessly trying to convince bankers to back his idea of luxury lodges for fractional ownership. It was only after he read a report from VisitScotland/Scottish ...


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Mahalee project goes to supervisors Tuesday
The Record-Courier, NV
At issue is the project's request for a zone change to accommodate the proposed 49-unit fractional ownership units plus 25-room lodge. The project has received a planning department recommendation for approval of the requested zone change, ...


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Why Investing in Property Abroad is Still a Good Idea - If You're ...
American Chronicle, CA
Think about fractional ownership or a property investment club/ syndicate. (Fractional ownership is a property bought by, and the use shared by, several people; it is not timeshare. Each buyer owns a part of the property - and benefits from its ...


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It's Tee Time. Where Is Everybody?
Sarasota Herald-Tribune, FL
But even at some of the most successful, like Reunion near Orlando, the Ginn Companies is considering programs to attract more buyers by offering fractional ownership at lower prices. Mr. Ginn says his remaining properties will eventually pay off. ...


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Cost effectiveness of fractional ownership products
Realestateweb.co.za, South Africa
Jackie Bauermeister, national sales manager for Pam Golding Fractional Ownership says there are currently prime-located joint vacation ownership products available which enable purchasers to enjoy the benefits of holidays in a prime location, ...


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Getting a slice of the cottage life
Financial Post, Canada
Instead, the family has joined the growing legion of cottage goers that have bought into the concept of fractional ownership. Some call it cottage lite. The Symons' three partly owned cottages are scattered across Ontario. "We weren't really looking ...

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PR Web (press release)

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The Reefs Club, Bermuda's Newest Private Residence Club, Opens ...
PR Web (press release), WA
The Reefs Club is nearing completion and is on schedule to welcome the first owners arriving on July 3, 2009. Southampton, Bermuda (Vocus/PRWEB ) May 21, 2009 -- The Reefs Club is nearing completion and is on schedule to welcome the first owners ...

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Business Wire (press release)

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Exclusive Resorts® Named “Best Destination Club” by Robb Report ...
Business Wire (press release), CA
DENVER--(BUSINESS WIRE)--Exclusive Resorts, the world's leading luxury destination club, has been recognized in Robb Report's 21st annual "Best of the Best" issue as the top "Destination Club" in the world. This is the fifth time that Exclusive Resorts ...


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Buying abroad the "greener" way
propertytalk Live!, UK
Roger Still, development manager for Palheiro Village, says: “Fractional freehold ownership is a planned progression for us. If you only have limited time available to enjoy your second home, fractional ownership offers a huge advantage – you only buy ...

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Examiner.com

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Own a piece of Highway 30-A
Examiner.com
Among them, Magnolia Private Residence Club emerges as a breath of fresh air, a South Walton Beach sanctuary if you will. Magnolia Private Residence Club (Magnolia) is brand new and nestled quietly on Seacrest Beach with emerald waters and white sand ...


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Spring 2009 Survey Reveals Vacation Home Trends for Affluent Americans
Paradizo
Higher income and net-worth groups collectively reported the highest familiarity with both residence club and destination club concepts. 45% of both the $200K+ income and $1.5M+ net worth segments report familiarity with the private residence club ...

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PR Web (press release)

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Maine Lakefront Club Debuts in Sebago Lakes Region
PR Web (press release), WA
Falmouth, ME (Vocus/PRWEB ) May 18, 2009 -- Eager to share their enthusiasm for Maine lakefront living with other families, locals Perry and Melinda Williams announce the creation of a new private residence club in the Sebago Lakes Region. ...


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Miraval Arizona Reports Record Increase in Bookings for Spring 2009
Earthtimes (press release), UK
Eight Villas are owned by Exclusive Resorts, the leading luxury destination club. Miraval® is the innovator in living and feeling better. Created in 1996, Miraval's flagship resort in Tucson, Arizona has been consistently rated the #1 by Travel + ...


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Big dreams for hotels are falling flat
Sarasota Herald-Tribune, FL
Even seemingly dead condo conversion projects were resurrected as fractional ownership resorts in which buyers could own a piece of a condo by the beach. But now, in the midst of what seems to be the recession of a lifetime, hotel projects are ...


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Resort Society and The Avalon Group Ink Alliance for Eco-Tourism
Trading Markets (press release), CA
Resort Society is a provider of luxury travel and destination club memberships. Master Distributions Systems (MDS) is a publicly traded company and is diversified within the home improvement and real estate construction industry.

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PR Web (press release)

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Paris Residence Club Introduces Trial Ownership Program to ...
PR Web (press release), WA
The Program is for anyone interested in acquiring a property in Paris, allowing them to evaluate the quality of the Club's services and amenities, and to get better acquainted with its fractional ownership offer. Paris, France (PRWEB) May 14, ...


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A guide to fractional ownership of overseas property
Times Online, UK
But there are drawbacks If you are not the sharing type, then fractional ownership, which simply means buying a portion of a property rather than the whole thing, is unlikely to appeal. For others, it is a way of buying a second home for less. ...


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New offers and jet card programs for Flexjet private jets
Paradizo
Flexjet, the fractional business jet ownership program of Bombardier, is rolling out a series of programs and enhanced features to entice private jet use and fractional jet ownership around the world. One program is dedicated to owners making ...
Flexjet makes private jet travel more cost-effective Private Jet Daily
all 2 news articles

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PR Web (press release)

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Paris Residence Club Introduces Trial Ownership Program to ...
PR Web (press release), WA
The Program is for anyone interested in acquiring a property in Paris, allowing them to evaluate the quality of the Club's services and amenities, and to get better acquainted with its fractional ownership offer. Paris, France (PRWEB) May 14, ...

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Times Online

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The French idyll: property in the inland villages of Provence
Times Online, UK
Only four miles from the famous bridge at Avignon, a development of 24 flats overlooking the Luberon valley will be the first of three “fractional ownership” (see panel, right) resorts run by The Provence Club when it is completed next year. ...


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A guide to fractional ownership of overseas property
Times Online, UK
But there are drawbacks If you are not the sharing type, then fractional ownership, which simply means buying a portion of a property rather than the whole thing, is unlikely to appeal. For others, it is a way of buying a second home for less. ...


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Resort Society Announces Eco-Tourism Joint Venture
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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Avantair bails out of loss with one-time gain
Bizjournals.com, NC
Avantair (OTCBB: AAIR), a Clearwater firm that sells fractional ownership of planes, also said it recorded a substantial increase in hours flown quarter-over-quarter and record hours flown in the third quarter, but did not provide specific details.
Avantair, Inc. Reports Fiscal Third Quarter 2009 Financial Results GlobeNewsWire (press release)
all 5 news articles


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VistaJet throttles back but continues to climb
Aviation International News, NJ
According to Flohr, VistaJet is the only charter or fractional ownership provider not to impose interchange payments for customers flying into or within different regions of the world. “We wanted to make the contractual obligation much simpler and more ...


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Fractional Aircraft Sales Face Economic and Political Headwinds
Motley Fool
The decrease in revenues and pre-tax earnings reflects the negative impact of the global recession on substantially all of Berkshire's other service businesses and in particular, NetJets' fractional ownership business which reported a pre-tax loss of ...
Special Report: Business aviation Private Jets Lose That Feel-Good ... New York Times
VistaJet: Dissatisfied customer addresses his own complaints Financial Times
EBACE: NetJets Europe slashes deliveries Flightglobal
all 6 news articles


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Private flights falling from favor at Aspen airport?
Aspen Times, CO
Fractional ownership jet companies have touted larger aircraft that allow clients to stretch out and bring their friends. The latest models of corporate jets, such as the Gulfstream V and the Global Express, hold 15 to 18 passengers and are large ...


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Point to Point Destinations Adds Gull Lake Residence Club to Home ...
Emediawire (press release), WA
Point to Point Destinations is pleased to welcome Gull Lake Residence Club (Nisswa, Minnesota) to the wonderful world of RCI Points and to our RCI Points Home Group. Vancouver, BC (PRWEB) -- Point to Point Destinations (http://www.ptpdestinations.com) ...


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Get the Updated GA Facts in NATA's Downloadable Reference Book
AMTOnline.com, MD
... that affect the day-to-day operation of aviation businesses, and features several charts containing vital general aviation and business aviation statistics on fuel consumption, fractional ownership companies, active pilots, airports, and more. ...


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The Ritz-Carlton Hotel Company debuts The Ritz-Carlton Destination ...
Paradizo
Just last week, after 80 years and more than 70 hotels providing legendary service, The Ritz-Carlton Hotel Company, LLC yet again raised the bar with the unveiling of a new way to enjoy an inspiring vacation lifestyle: The Ritz-Carlton Destination Club ...

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