TIMESHARE NEWS                                                         October I 2007


Marriott quarterly earnings fall on timeshares

 

Marriott International Inc has recently reported a lower third-quarter profit because of lower timeshare profits and a higher tax rate.

 
   

Time shares see good financial times

 

Time shares, once the murky backwater of the lodging industry, are pumping out billions of dollars for hotel operators as they rebound from the post-9/11 lull. Click here for more.

 
   

Walt Disney Co. Planning an 800 room Hotel and Time Share near the Ko Olina Resort & Marina on Oahu, Hawaii

 

The Walt Disney Co. announced this afternoon that it will build a more than 800-room hotel and time share on the Hawaiian island of Oahu, billing the project as "Disney's first mixed-use family resort outside of its theme parks.

 
   

Group RCI Announces Strategic Alliance With LeisureLink

  Group RCI, one of the Wyndham Worldwide family of companies, and a global leader in leisure real estate, has announced a strategic alliance with LeisureLink, a premier provider of online distribution for vacation rental properties. The agreement with LeisureLink will increase the online presence of Group RCI's global rental inventory to new channels including online travel agents such as Expedia, Travelocity, and Orbitz, which are all part of the LeisureLink distribution network. Here’s the complete news.
 
   

Timeshare - a phenomenon for Caribbean tourism

  Vacation ownership is the fastest growing sector within the hospitality industry and Caribbean leaders are being urged to enact legislature to facilitate and benefit from a business grossing millions in the United States annually.
 
   
 

Our SOTC tour of Europe was very fruitful and full of enjoyment. All our tour members within 15 days became one family. Food was very nice. Tour Manager was great and had tremendous knowledge of all historical places.

-Mr. Danny Matalia & Group, Canada

 


(705 kb pdf)

 

080 - 4125 5007
080 - 4125 5008
  Contact us
Email: airda@vsnl.net                      Website: http://www.airda.org
Information complied from various industry sources. For further information,
contact D. Ravi Kumar, Executive Officer, All India Resort Developemnt Association,
#864, 1st Floor, 3rd Cross, 7th Main, Bangalore-560 038. Tel: 080-4125 5007/ 08