An increasing number of hotel operators are coming into the shared-holiday ownership business, according to the “British Hospitality: Trends and Development 2010” report, the annual round up of the UK hospitality industry published by the British Hospitality Association (BHA).
The report points out that many hotel operators see the mixed-used resort business model as a relatively inexpensive and quick route to raising investment capital which may be used for improving the hotel facilities such as swimming pools and saunas.
In a case study on Hilton Grand Vacations Company (HGVC) featured in the report to illustrate this, Richard McIntosh, managing director of HGVC and Chairman of RDO, says: “There’s no doubt that costs in mixed-use hotel operation are lower than in stand-alone hotels due to the efficiencies that sharing housekeeping, maintenance, check-in can bring to the hotel.”
The report also explains the different shared-holiday models and provides key statistics of timeshare in the UK from RDO’s European Timeshare Industry Report. It is available from the BHA website www.bha.org.uk (a GBP250 charge is applicable to non-BHA members).