Fractional Focus
By Dave Thackeray
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Podcast Description
Fractional Focus brings you the latest news, views, ideas and advice on building an incredible business in the fractional interest industry.
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013 – Fractional Focus: Whys and Hows of Fractions | Recorded live at the Resort Development Organisation Conference in Spain, September 2011. Featuring: * Gregg Anderson, global vice president of The Registry Collection * Vladimir Suchevan, COO of Absolute World Group (http://www.absoluteworld.net). Next year marks the 10th anniversary of The Registry Collection and we talked to Gregg Anderson at the RDO C onference to take the pulse of the fractional industry. Anderson also updates us on the ever-present definition debate over exactly what makes fractionals, fractionals! Shrinking delegate numbers at industry conferences actually provides an opportunity for greater focus. Vladimir Suchevan of Absolute World Group discovered the intimacy of this year's RDO Conference actually brought delegates closer together - to learn, share, and conceive new ideas. "If we find a strong 'why', we will always find a strong 'how'," said Suchevan. | 3 10 11 | Free | View In iTunes |
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Fractional Focus, Episode 12 | Joining us on today's show - belated, it has to be said - are two of the fractional industry's most passionate operators. Michael Hobbs, co-founder of Appassionata (http://www.appassionata.com/), shares with us an insight into how a fractional development comes together. Bryan Lunt, chairman and CEO of Absolute Developments, previews The Beach Samui (http://www.thebeach-samui.com/), an incredible project being developed in concert with renowned luxury property designers yoo (http://www.yoo.com/). Hobbs fell in love with Italy many years ago and decided to create a fractional ownership project Hobbs was part of a panel at the recent Fractional Ownership Awareness Day in Florence, where he talked of the opportunities Italy affords the hospitality developer. * We recently featured Hobbs and Appassionata in Italian Passion Drives Sales (http://www.rciventures.com/2011/07/appassionata-fractional-ownership-success-in-italy/). * Here's a link to the Appassionata website (http://www.appassionata.com/). The next - and final, for 2011 - leg of the fractional roadshow, hosted by The Registry Collection with help from hospitality consultancy HVS, takes place on September 13. Check out our dedicated Fractional Awareness Day page (http://www.rciventures.com/2011/06/registry-collection-roadshows/) for more information and to book your place. Bryan Lunt heads up an innovative suite of shared ownership companies under the Absolute World Group umbrella. Absolute Developments is presently working with yoo, whose world-class associates include creative director Jade Jagger, on The Beach Samui - a private residence club scheduled to welcome its first wave of guests next year. Sales have already begun, with four-week shares starting at €50,000, and Lunt tells Fractional Focus where the resort's first owners came from. We learn about the unique features of The Beach Samui, which offers an unrivalled straddling its own strand on the paradise island of Koh Samui. And Lunt offers some invaluable advice to those considering entering fractional ownership in an era of rapidly-changing consumers. | 2 8 11 | Free | View In iTunes |
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Day of the Directive | February 23, 2011 is the date when all member states were obliged to implement The EU Shared Ownership Directive. Though the UK has upheld legislation providing buyers of timeshare and fractionals with a mandatory 14-day cooling off period, only now has that regulation been applicable across Europe. Much media attention has been focused on the harmonisation imposed by the Directive, through interviews on radio and TV with such high-profile industry executives including RCI's managing director for EMEAI, Sean Lowe, on Radio 4, and the Resort Development Organisation's Richard McIntosh (Radio 5 Live), Paul Gardner-Bougaard (BBC Breakfast) and Sue McNicol (BBC Radio Somerset). On Today's Timeshare and Fractional Focus we talk with another famous face in shared ownership circles, legal eagle Chris Bannister. Bannister is a partner at Gregory Rowcliffe Milners (http://www.grm.co.uk) in London. He talks to us about this 'momentous day' for the industry as we investigate what the Directive means for owners, developers, and holiday clubs. Listen in to this special EU Directive edition of Today's Timeshare and Fractional Focus below. | 23 2 11 | Free | View In iTunes |
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Fractional Focus: Episode 8 | Get the Collection On today's show we meet Gregg Anderson, global vice president of The Registry Collection. Anderson shares with us an insight into the evolution of fractionals and talks about his feature in the October issue of Developments - ARDA’s Voice of the Vacation Ownership Industry - entitled Ongoing Success and Growth Strategy in Challenging Economic Times. You can read that article here. It can be confusing to understand exactly where you stand as a resort developer offering high-quality ownership to your clients. Is yours the quintessential timeshare resort, or is it compatible with fractional exchange systems such as The Registry Collection? Anderson explains the distinction between both, and talks about why now is a great time for the industry to start solidifying its core branding to help everyone understand the exactitudes of the concept known today as fractional ownership. And we launch the opportunity for you to sponsor an episode of Fractional Focus. Don't miss this chance to promote your destination or fractional-related service to hundreds of people focused on the fractional industry. We hope you're enjoying Fractional Focus. Don't hesitate to contact us by commenting in the box below – or if you'd like to recommend a subject for discussion in a future Fractional Focus podcast, get in touch (http://www.rciventures.com/contact). (http://www.rciventures.com/wp-content/uploads/2010/11/itunes131.gif). or listen to today's show below... Transcript Dave Thackeray (DT): Tell us about The Registry Collection. Gregg Anderson (GA): RC is a reciprocal use programme or exchange programme for folks who own these things we call fractions. So if you buy at a fractional resort you can automatically go to that resort, the resort might have a relationship or might be a brand or it has other properties which you can exchange the time that you own. RC is an external exchange components so that we cobble together independent end brand resorts and put them to a programme then the owners at individual properties have the ability to deposit their week or more then exchange or to those other properties of which we have 187. The Registry Collection is a group of 187 properties in 28 countries, we have about 35,000 mbrs today and those mbrs are pretty active and travel quite a bit and deposit quite a bit with us and use all the time they deposit, it is quite a robust programme now. DT: What is the criteria for membership of The Registry Collection? GA: The Registry Collection has a place in it for any resort or leisure real estate property, so it can be a fraction where a person owns one sixth or one eight of a unit so they own 6 or 8 weeks or they can go as high as a quarter of it (13 Wks) or as low as a 13th of it that is typical fractional speak. We also have a great opportunity for people who own outright so if own a condo hotel all 52 weeks and it sits in a condo setting which all condos do this is a great opportunity for The Registry Collection. The owner can deposit a lot of weeks and the place is operated like a hotel to inbound guests are treated just like a resort guest – so a perfect opportunity. There can be some nice high quality timeshare in fabulous locations where people just own 1 or 2 weeks which can go into the system in places such as Hawaii, so it does not have to just be what we typically call fractions which means different things to different people and is categorised differently. So that is the really important thing from a developers standpoint so even though we call ourselves a fractional collection exchange programme it can be any resort/real estate. Dick Ragatz and I talk about what is a fraction and for his studies he needs to be consistent. Dick talks about fractions being based on a number of criteria one of which is the cost sqft to buy, other people talk more on amenities, services, location, it is a hybrid, | 16 11 10 | Free | View In iTunes |
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Fractional Focus: Episode 5 | Bryan Lunt, chairman of Absolute World Group (http://www.clubabsolute.com/), is our guest on today's Fractional Focus show. Lunt talks about the company's evolution and incredibly high standards of shared ownership product expected by the Asia Pacific consumer. He tells Fractional Focus about how Absolute World Group creates immense value for its owners and guests, using innovative touches to create incredible holiday experiences. Then we look forward to AOCAP (http://www.aocap.org/) - Alternative Ownership Conference Asia Pacific. Now in its second year, the event brings together a diverse range of executives from across the hospitality sector keen to discover more about the opportunities in this thriving and changing sector of leisure real estate. Don't hesitate to contact us by commenting in the box below - or if you'd like to recommend a subject for discussion in a future Fractional Focus podcast, get in touch (http://www.rciventures.com/contact). Subscribe at iTunes to Fractional Focus (http://itunes.apple.com/gb/podcast/fractional-focus/id380645015) and its sister show Today's Timeshare (http://itunes.apple.com/gb/podcast/todays-timeshare/id380641713). Or listen to today's show below... | 2 8 10 | Free | View In iTunes |
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Fractional Focus early sessions: Piers Brown | (http://www.rciventures.com/wp-content/uploads/2010/03/piers-brown_small-300x207.jpg)In the first of a regular series of audio podcasts featuring recognised industry names we talk to Piers Brown, founder of multimedia company, Fractional Life. Londoner Brown became fascinated with the concept of fractional ownership as a member of the Classic Car Club (http://www.classiccarclub.com/). Inconvenienced by the hassles of car ownership in the capital, he chose instead to enjoy the driving experience, surrounded by the exquisite interiors of supercars including Ferraris and Aston Martins. Since then he's become a star player in the industry, hosting a raft of free-to-enter events and promoting the benefits of fractional far and wide through a range of print publications and the website, FractionalLife.com (http://www.fractionallife.com/). If you'd like to appear on Fractional Focus or simply want to suggest ideas for a future episode, please contact editor Helen Foster (mailto:helen.foster@rci.com?subject=Ventures Visionaries). Listen below: | 10 3 10 | Free | View In iTunes |
| Total: 6 Episodes |
