Fractional and Condo-Hotels Conference Packs Them In

Fractional and Condo-Hotels Conference Packs Them In

Fractional and Condo-Hotels Conference Packs Them In
Thursday October 7, 1:29 pm ET
'Integrating Fractionals & Condo-Hotels in Destinations Resorts'
Sponsored by The Worlds' Finest Resorts and Economics Research Associates

SCOTTSDALE, Ariz., Oct. 7 /PRNewswire/ -- The World's Finest Resorts (TWFR), the leading brand for independent private residence club projects, distinctive resorts, fractional properties, and wholly-owned condominiums, condo-hotels, villas and homes throughout the world sponsored its second conference at the end of September. It was held in Celebration, Florida.

Limited to 150 participants, the event was sold out with standing room only in many of the sessions. More than 30% of the attendees were from outside of the United States. The conference was held in partnership with Economics Research Associates (San Francisco) an international consulting firm focused on economic analysis for the entertainment and leisure industry, real estate development, public-policy analysis, tourism, and economic development.

As the leading brand for luxury condominium, condo-hotel and villa developers, TWFR's primary function is to support sales and marketing efforts by providing global identity that leads to a consistent flow of high quality customers. One of the primary ways TWFR supports these efforts is by offering trade benefits to luxury resort and residential resort owners.

According to John Kazanjian Executive Vice President, The World's Finest Resorts, "We knew that the cutting-edge nature of the sessions would draw the portion of the resort development industry most interested in fractionals and condo-hotels. We were pleased with the overwhelmingly positive reactions of the attendees."

The World's Finest Resorts' first seminar was held in Park City, Utah and based on the decidedly encouraging response from attendees, the organization moved forward to produce another similar event. The company is already planning a third event.

"The program was comprised of sessions taking insightful looks into the nuances of compelling new components of the second home market. ERA presented in-depth industry trend research on second home and resort development which acted as a spring board for the rest of the sessions," said Kazanjian. "The World's Finest Resorts is a leader in the consumer exchange market of the resort industry's luxury silo so we are proud to support those who make it happen on the development side of the equation."

The conference met its goal as a hands-on event with interactive, open forum in which participants voiced issues, shared revelations and practical guidance. The 21 interactive sessions examined three general topic areas: Mixed-Use Resort Development with Fractional & Condo-Hotel Components, Fractional & Condo-Hotel Project Structure and Design and Financing & Business Planning. In addition, meeting lenders scheduled one-on-one meetings with developers throughout the three day event.

The World's Finest Resorts is an internationally known brand for its growing collection of resorts in such locations as the Caribbean, Canada, Europe, Northern California and the British Isles, to name a few. Since forming two and a half years ago, TWFR has chosen more than 45 member resorts and vacation entities including Villa La Estancia in Cabo San Lucas Mexico, Poets Cove Resort and Spa at Bedwell Harbour in the Pender Island off Vancouver Islands, The Hemingways in Sun Valley Idaho, Humber Valley Resort in Newfoundland Canada, East-West Partners' Old Greenwood and The NorthStar Club at NorthStar-at-Tahoe to name a few. Members may also select from many high-end travel opportunities to increase their vacation experiences including a Silver Seas cruise, a balloon tour over the Loire Valley or a walk through the Lake Country in England.