CLC World Resorts & Hotels And Interval Leisure Group Partner In European Resort Management Joint Venture
CLC World Resorts & Hotels (“CLC World”) and Interval Leisure Group (“ILG”) (Nasdaq: IILG) have entered into a definitive agreement to establish a joint venture resort management company that will be based in the United Kingdom. ILG will acquire a 75.5 percent ownership stake in the resulting new entity, VRI Europe Limited. Roy Peires, Founder and Chairman, CLC World Resorts & Hotels, said “Partnering with ILG in this exciting venture will strengthen our expansion strategy as we continue adding to our resorts’ portfolio worldwide, enabling us also to offer our products and expertise to an even wider spectrum of clients. Our...
“ Buckle Up Boys, You’re In For A Bumpy Ride”
So said Bette Davis in the opening few minutes of, I believe, “All About Eve” in which she starred against Joan Crawford - all I can remember is that it was in black and white and Davis descends a staircase at a party looking quite stunning and utters these lines as some man lights her cigarette (I really must be getting old.) Don’t ask me why I remember it – I just thought it was a great line. It came back to me this week as there have been numerous discussions and questions over the activities of the Police in...
Interval International To Host Shared Ownership Investment Seminar In Brazil
Interval International will host a Shared Ownership Investment Seminar on August 29 at the Grand Hyatt São Paulo. Interval created the event 15 years ago to educate prospective entrants, lenders, and government officials around the globe about various shared ownership business models. Successful seminars were hosted earlier this year in Argentina and Colombia. “We are seeing an increase in hotel and resort investment and travel activity in Latin America, an important market for Interval. We believe that shared ownership can play a larger role in the region’s tourism development and are very encouraged by the growing interest in this sector,” said...
New sponsor and keynote speaker for RDO4
Generator Systems has been confirmed as Gold Sponsor of this year’s RDO4 conference, joining First Resorts and Dial An Exchange. The full list of sponsors for this year’s event includes: Shawbrook Bank Limited as well as Silver sponsor; CLC World Resorts & Hotels, Diamond Resorts International®, Holiday Club Resorts Oy, Interval International and RCI as Platinum Sponsors; and Perspective International as the Media Sponsor. RDO has also announced Brett Archibald, Principal of The Brett Archibald Foundation, as new keynote speaker. Brett will share with delegates his amazing story of survival at sea against all odds, whereby he had to draw on...
Over 60 arrested in police raids in the Canary Islands
RDO has been informed that on 22nd July, the unit for organised crime at the Las Palmas police force arrested over 60 people and raided the offices and sales decks of various Holiday Club Companies, including Voyager Travel, Lifestyle Holidays, Reclaimgc and Timeshare Refund Network. In addition, computers and files have been confiscated from the company offices in Arguineguin and San Bartolomé de Tirajana. It is alleged that the companies made around €5million by defrauding in the region of 2,000 holidaymakers, who made payments of between €5,000 to €30,000 for the guarantee of discounts of up to 70% at holiday accommodation. The...
Package Travel Directive Proposals Released
Last week, the European Commission released its proposals for updating the 1990 Package Travel Directive. Whilst the current directive has guaranteed comprehensive protection to consumers booking pre-arranged package holidays that involve combinations of, for example flights, hotels or car rentals, it does not explicitly cover packages that are combined at the consumer's request. The aim of the revised Directive is to extend the current protection for traditional, pre-arranged packages to new combinations of travel services. If those new combinations of travel services feature the characteristics associated with packages, the consumer is protected under the new rules. For buyers of traditional and customised packages,...
RCI® Stirs up a Crowd at the Shanghai World Travel Fair
International vacation exchange brand RCI, global leader in vacation exchange and part of the Wyndham Worldwide family of brands, partnered with four of its affiliated resorts in China recently to promote the advantages of vacation ownership during the Shanghai World Travel Fair 2013 (May 9-12). RCI worked with affiliated resorts Club Vac, Iconic Vacation Club, Shanghai Freedom Vacation Club and Shanghai Runner Vacation Club as part of its ongoing efforts to educate owners about the benefits of timeshare. The Shanghai World Travel Fair is one of the most influential tourism events in China and last months’ Fair was a great success, attracting...
Is Summer Here?
Those of us living in the UK had really thought that summer was at last here, Spring having missed us out this year, but no - come the week-end it is again overcast with a strong wind from the north! Mind you, looking at the weather reports, I see in the Southern Mediterranean that conditions have by no means been brilliant so far this year. Is this some global warming effect I wonder? I have yet to hear anyone explain this somewhat depressing state of affairs. We heard earlier this month of the death of Club Olympus’s Hedley Rhodes, a long-time...
Timeshare Developer Hedley Rhodes dies
We are very sad to report the sad loss of Hedley Rhodes on the 31st of May. Hedley passed away suddenly but peacefully surrounded by his family at Bradford Royal Infimary in his beloved Yorkshire after a short illness. Hedley Rhodes was the Developer and Founder of Club Olympus along with his business partner Mike Green. He began his business life as a golf professional then became a wool merchant before moving into home improvement, property development, timeshare and then property in general. His sons Ivan, Tony and Peter, along with daughter Jodie, who continue to run the family business, are devasted at the...
Industry veteran Ron Haylock dies
It is with deep regret that we have learnt of the sudden death of industry veteran Ron Haylock. Ron died on Tuesday evening and the news has come as a shock to us all. We would like to extend our thoughts and condolences to his family and friends at this sad time; he will be sorely missed by all who knew him. Details of the funeral arrangements will follow as soon as these have been made available to us. More about Ron Ron has had an illustrious and varied career, having held the position of MD of RCI for many years and...