Blog Entries - May 2009

It's a smaller world for luxury vacations

chris@panamabeachrealty.com — Sat, 30 May 2009 06:00:00 +0100

Crain's Chicago Business
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 membershi [...]

Fancy owning a luxury lodge on the banks of Loch Lomond? Yours ...

chris@panamabeachrealty.com — Sat, 30 May 2009 06:00:00 +0100

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 ...

Mahalee project goes to supervisors Tuesday

chris@panamabeachrealty.com — Fri, 29 May 2009 06:00:00 +0100

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, ...

Why Investing in Property Abroad is Still a Good Idea - If You.re

chris@panamabeachrealty.com — Thu, 28 May 2009 06:00:00 +0100

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 ...

It's Tee Time. Where Is Everybody?

chris@panamabeachrealty.com — Sun, 24 May 2009 06:00:00 +0100

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. ...

Cost effectiveness of fractional ownership products

chris@panamabeachrealty.com — Fri, 22 May 2009 06:00:00 +0100

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, ...

Getting a slice of the cottage life

chris@panamabeachrealty.com — Fri, 22 May 2009 06:00:00 +0100

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 ...

The Reefs Club, Bermuda's Newest Private Residence Club, Opens ...

chris@panamabeachrealty.com — Thu, 21 May 2009 06:00:00 +0100

PR Web (press release)
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 [...]

Exclusive Resorts® Named “Best Destination Club” by Robb Report ...

chris@panamabeachrealty.com — Thu, 21 May 2009 06:00:00 +0100

Business Wire (press release)
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 [...]

Buying abroad the "greener" way

chris@panamabeachrealty.com — Thu, 21 May 2009 06:00:00 +0100

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 ...

Own a piece of Highway 30-A

chris@panamabeachrealty.com — Wed, 20 May 2009 06:00:00 +0100

Examiner.com
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 B [...]

Spring 2009 Survey Reveals Vacation Home Trends for Affluent Americans

chris@panamabeachrealty.com — Tue, 19 May 2009 06:00:00 +0100

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 ...

Maine Lakefront Club Debuts in Sebago Lakes Region

chris@panamabeachrealty.com — Mon, 18 May 2009 06:00:00 +0100

PR Web (press release)
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 announ [...]

Miraval Arizona Reports Record Increase in Bookings for Spring 2009

chris@panamabeachrealty.com — Mon, 18 May 2009 06:00:00 +0100

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 + ...

Big dreams for hotels are falling flat

chris@panamabeachrealty.com — Sun, 17 May 2009 06:00:00 +0100

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 ...

Resort Society and The Avalon Group Ink Alliance for Eco-Tourism

chris@panamabeachrealty.com — Sat, 16 May 2009 06:00:00 +0100

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.

Paris Residence Club Introduces Trial Ownership Program to ...

chris@panamabeachrealty.com — Thu, 14 May 2009 06:00:00 +0100

PR Web (press release)
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 [...]

A guide to fractional ownership of overseas property

chris@panamabeachrealty.com — Thu, 14 May 2009 06:00:00 +0100

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. ...

New offers and jet card programs for Flexjet private jets

chris@panamabeachrealty.com — Thu, 14 May 2009 06:00:00 +0100

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

Paris Residence Club Introduces Trial Ownership Program to ...

chris@panamabeachrealty.com — Thu, 14 May 2009 06:00:00 +0100