Leading Industry Event for Shared Ownership Market Event details are available at www.lres.com
ATHENS, GREECE – (October 3, 2006) – NorthCourseSM Leisure Real Estate Solutions, an international leader in providing advisory, asset management and turnkey solutions and services, RCI, the worldwide leader in vacation exchange, and The Registry Collection®, the world’s largest luxury exchange program –divisions of the RCI Global Vacation NetworkSM – are hosting the 3rd Annual European Leisure Real Estate Symposium in Athens, Greece on October 23 and 24.
The two-day, interactive conference will cover a range of shared ownership issues relevant to the key players – including developers, owners, operators and financial institutions – in the European leisure real estate industry. Attendees will benefit from sessions that cover case studies, legal / financial matters and market trends, including NorthCourse research citing that the leisure real estate market segment for shared ownership products will double over the next five years and key growth markets will be Europe, Middle East and Asia-Pacific.
"The shared ownership industry is providing innovative solutions to the growing demand for upscale leisure accommodations," commented Preben Vestdam, president and CEO, NorthCourse. "NorthCourse Leisure Real Estate symposiums around the world have become the focal point for the most up-to-date information about the industry and its evolution, bringing case studies, market research and the most relevant speakers in the industry together to share their knowledge and experience. It is definitively an event not to miss for investors and operators in hospitality and real estate as they will learn about the most recent trends and future projections for this thriving industry."
The symposium’s industry experts are from regions throughout Europe, including France, Greece, Italy, Spain and the United Kingdom, as well as from the more mature U.S. market. Key speakers include representatives from World Tourism Organization, a specialized agency of the United Nations and the leading international organization in the field of tourism; and SETE, the association of Greek Tourist Enterprises. The symposium is further supported by, World Travel and Tourism Council, an international organization of travel industry executives promoting travel and tourism worldwide; and International Hotel & Restaurant Association, which represents the hospitality industry worldwide.
Some of the specific panel titles scheduled for the symposium are:
-
Market Trends in Global and Regional Travel and Tourism
-
Taking the Pulse of the European Market
-
Condo-hotels as a Buy-to-Use-and-Let (BTUL)
-
Fractional Ownership – the Centrepiece of a Leisure Lifestyle Portfolio
-
The Legal and Operational Frameworks in Shared Ownership
-
Financing the Development of Leisure Real Estate Projects
-
The Media Coverage of the Evolutionary and Revolutionary Concept of Shared Ownership
-
More than Just One Slice of Paradise
-
The Toolkit for Success in the Shared Ownership Industry
In addition, for registrants with limited knowledge of shared ownership, a general introduction workshop will be held on October 23.
“Our symposium is the only one of its kind for this unique and constantly evolving market,” said Carlos Vogeler, vice president, Industry Relations, NorthCourse. “We have taken the best of the previous events and have also added additional components, making this year’s event the most comprehensive one yet. Both new entrants and experienced participants in shared ownership will take away invaluable information, advice and contacts.”
A Web site – www.lres.com – is dedicated to all of the symposium details, including registration, accommodations and the agenda. Questions can be directed to Jindy Hayre, who can be reached at +34 91 509 78 62 or via e-mail at .
About NorthCourseSMLeisure Real Estate Solutions
With more than 30 years of experience, NorthCourseSM Leisure Real Estate Solutions is an international leader in providing the full spectrum of advisory, research and asset management services. The company’s expertise is in shared ownership business models and mixed use developments including timeshare, fractionals, private residence clubs, destination clubs and condo hotels as well as in-depth feasibility studies, business modeling, product design, consumer and market research. With offices in the United States, the United Kingdom, Spain, the United Arab Emirates and Singapore, NorthCourse is a division of the RCI Global Vacation NetworkSM, the global leader in leisure accommodations with exclusive access for specified periods to approximately 55,000 vacation properties in more than 100 countries.
About RCI
Founded in 1974, RCI is the worldwide leader in vacation exchange and a provider of travel services to businesses and consumers. Through a unique breadth and scope of accommodation choices, types and locations, RCI offers its global community of more than three million members quality vacation experiences at more than 3,700 resorts worldwide through its week-for-week and points-based exchange networks. As a growth partner, RCI delivers customized, integrated and results-driven solutions to meet the needs and exceed the expectations of its affiliates and consumers worldwide. RCI is a division of the RCI Global Vacation NetworkSM, the global leader in leisure accommodations with exclusive access for specified periods to approximately 55,000 vacation properties in more than 100 countries.
About The Registry Collection®
The Registry Collection® is the world’s largest luxury external exchange program. By providing members with worldwide access to the very finest vacation properties and services, The Registry Collection program enables luxury leisure real estate developers and owners to meet the unique needs of discerning and affluent consumers while setting the stage for unprecedented business growth. The Registry Collection is offered by the RCI Global Vacation NetworkSM, the global leader in leisure accommodations with exclusive access for specified periods to approximately 55,000 vacation properties in more than 100 countries.
Media Contact:
Jindy Hayre
(+34) 91 509 7862 /
