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VACATION INDUSTRY<br />
JANUARY – MARCH 2017<br />
A PUBLICATION OF ILG<br />
Resort<br />
RESTAURANTS<br />
REIMAGINED<br />
An Appetite for Out-of-the-Ordinary Dining<br />
Profi les<br />
CLC World<br />
Resorts & Hotels<br />
Mega Vacations Club<br />
Wayqey Hotel and<br />
Wayqey Lodge<br />
Westgate Resorts<br />
CYBERSECURITY: ARE YOUR DATA PROTECTED?
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JANUARY – MARCH 2017<br />
VACATION INDUSTRY REVIEW<br />
RESORTDEVELOPER.COM<br />
CONTENTS<br />
IN REVIEW<br />
Data Security: Not Just for IT<br />
8<br />
International Shared Ownership<br />
Investment Conference<br />
12<br />
Resort Restaurants: An Appetite<br />
for Out-of-the-Ordinary Dining<br />
16<br />
IN EVERY ISSUE<br />
VIEWPOINT<br />
Security in an Insecure World<br />
4<br />
INSIDER<br />
Benefits, News, Updates, and More<br />
6<br />
PULSE<br />
People and Industry News<br />
47<br />
PROFILES<br />
Westgate Resorts<br />
All About the Experience<br />
24<br />
Mega Vacations Club<br />
A Different View of Panama City<br />
28<br />
Wayqey Hotel and Wayqey Lodge<br />
Mysticism and Magic in Peru’s Sacred Valley<br />
32<br />
CLC World Resorts & Hotels<br />
Designing for the Future<br />
36<br />
28<br />
editor-in-chief<br />
Betsy Sheldon<br />
staff writer<br />
J.B. Bissell<br />
editorial assistant<br />
Laurie Charles<br />
editorial consultant<br />
Torey Marcus<br />
creative director<br />
Ailis M. Cabrera<br />
senior graphics<br />
manager<br />
John Cavaliere<br />
senior graphic<br />
designer<br />
Maria Garcia-Aguilar<br />
graphic designers<br />
Frank Gonzalez<br />
Cristina Mencia<br />
George A. Sariego<br />
photo editor<br />
Kimberly DeWees<br />
assistant vice president<br />
graphics and production<br />
Janet L. Orr<br />
production director<br />
Claire S. Sayan<br />
advertising<br />
Nicole Meck<br />
Interval International<br />
949.470.8324<br />
Nicole.Meck@intervalintl.com<br />
For address changes and corrections,<br />
or to receive a complimentary<br />
subscription, please send an email<br />
to Nicole.Meck@intervalintl.com.<br />
Advertising Index<br />
Bank of America Visa Card 41 International Shared Ownership<br />
Capital One<br />
IBC Investment Conference<br />
11, BC<br />
DG Film Company 44 Interval World 27<br />
Entertainment Promotions 43 Meridian Financial Services 42<br />
Equiant Financial Services 40 Preferred Residences 21<br />
Fidelity 45,47 Vacation Industry Review 35<br />
First American Title 48 VIP Club 5<br />
Harbor Linen 46 Winners Circle 5<br />
Info-Exchange Seminar 5<br />
Interval International IFC, 3, 22<br />
Vacation Industry Review is published by ILG. It is designed to provide accurate and authoritative information regarding the subject<br />
matter covered. It is published with the understanding that the publisher is not en gaged in rendering legal, accounting, or other<br />
professional ser vice. If legal advice or other expert assistance is required, the services of a competent professional should be sought.<br />
FIND US ON<br />
©ILG, 2017. All rights reserved. Reproduction of any part of this publication without written consent is prohibited.
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VIEWPOINT<br />
JANUARY – MARCH 2017<br />
VACATION INDUSTRY REVIEW<br />
RESORTDEVELOPER.COM<br />
Security in an<br />
Insecure World<br />
BY<br />
Craig M. Nash<br />
CHAIRMAN,<br />
PRESIDENT, AND CEO<br />
ILG<br />
I intentionally don’t bank or pay my bills<br />
online. I use a BlackBerry because it’s supposed<br />
to be more secure than a smartphone. I don’t<br />
have a Facebook, Twitter, Instagram, or Pinterest<br />
account. And, believe it or not, I still write checks!<br />
My kids and colleagues may give me a hard<br />
time. But I can put up with their teasing — I happily<br />
maintain these small rebellions against the surrender<br />
of personal data to the threat of compromise.<br />
Leaving a Digital Trail<br />
I’m very aware, however, that they are just that:<br />
small rebellions. The truth is, there’s no getting<br />
away from digital exposure of our personal information.<br />
Through virtually every transactional<br />
experience we undertake — whether buying an airline<br />
ticket, visiting the doctor, using GPS, or texting<br />
our loved ones — we’re creating a digital trail of<br />
our activities and behaviors that puts our personal<br />
information into potential peril.<br />
A rise in identity theft and hacks of corporate<br />
databases aside, this past fall, we witnessed some<br />
examples of how systems breaches can have a<br />
wide-range — even global — impact: in the U.S.<br />
presidential election, the WikiLeaks disclosure of<br />
thousands of emails from the Democratic National<br />
Committee, allegations of cyber-espionage from<br />
Russia and attempts to influence the election; then,<br />
a cyber-attack that caused worldwide shutdowns<br />
of Twitter, Amazon, and Netflix, among other sites.<br />
Individuals, government, political institutions,<br />
and businesses alike all seem to be equally vulnerable<br />
to information leaks. And the results can<br />
be devastating.<br />
Protecting Our Data<br />
That’s why we at ILG take the security of our data<br />
very seriously. Protecting our information, our<br />
systems, and the privacy of our constituencies<br />
is a top priority. Under the direction of the<br />
company’s chief information security officer,<br />
Georgios Mortakis, we’ve developed a solid<br />
framework that anchors strict security policies,<br />
procedures, employee awareness and training,<br />
and regulatory compliance.<br />
As Georgios points out in the article on cybersecurity<br />
in this issue of Vacation Industry Review<br />
(page 8), it’s as difficult to prevent all risk of cyberabuse<br />
as it is to stop a hurricane. We acknowledge<br />
this, but — as those of us who face the possibility<br />
of hurricanes on a regular basis know — we don’t<br />
stand by and wait to sweep up the broken glass.<br />
We put the equivalent of storm shutters in place to<br />
reduce or eliminate the impact.<br />
ILG employs a thorough risk-assessment<br />
methodology in order to identify and mitigate<br />
security vulnerabilities, and to determine specific<br />
controls. We rely on continuous monitoring<br />
and incident-response management. Finally, ILG<br />
performs security-control due diligence on third<br />
party–connected entities and partners.<br />
Pursuit of Predictability<br />
This strict adherence helps protect ILG, our family<br />
of companies, and all those we do business with,<br />
and it supports our efforts to pursue the security<br />
and predictability our constituencies value.<br />
Security and predictability are something we<br />
all seek. But we’re wise to always be prepared to<br />
expect the unexpected. And that has never been<br />
more true than at the end of one of the most divisive<br />
and contentious U.S. elections ever. While the<br />
collision of different visions of where we are as a<br />
nation and where we need to go has disquieted<br />
us, I think we’re all at a point where we’re ready to<br />
heal and move forward.<br />
We as individuals, as businesses, and as an<br />
industry must remain focused on the long-term<br />
picture, while anticipating and responding to<br />
the constant bombardment of change wrought<br />
by technology and other forces. By adhering<br />
to this balanced path, we’re sure to continue<br />
in a positive direction and, no doubt, celebrate<br />
many successes.<br />
4
AD1111-0716-8.5x11-3.qxp_Vir NA 11/2/16 3:44 PM Page 1<br />
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INSIDER<br />
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WHERE MEMBERS PLAN AND<br />
SHOP — IN ONE STOP<br />
Studies show that today’s travelers like to turn to several resources for<br />
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family to travel websites. Interval members are no different. They, however,<br />
have something others don’t have: access to a plethora of planning resources<br />
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“In addition to expanding the advantages of vacation ownership with the<br />
flexibility of the exchange benefit, Interval International offers our members<br />
a trove of proprietary resources and travel services that make planning and<br />
reserving their next great adventure a breeze,” says Sharon Freed, senior vice<br />
president of consumer marketing. “These are by far some of the strongest<br />
sales tools available to encourage prospects to become vacation owners —<br />
and provide one of the most appealing reasons to retain their ownership.”<br />
Travel-Planning Tools: The Lineup<br />
INTERVALWORLD.COM. It’s a travel planner and a travel agency rolled<br />
into one. Here, members can learn about their benefits, make an exchange,<br />
purchase a Getaway, book a cruise, discover money-saving deals, and<br />
research and book travel arrangements.<br />
RESORT DIRECTORY. Using this online tool, members can explore<br />
Interval-affiliated resorts around the world before deciding where to go.<br />
TRAVEL PLANNER. This guidebook highlights more than 100 vacation<br />
regions around the globe, and includes essential information on Intervalaffiliated<br />
resorts and member benefits.<br />
GUIDE TO INTERVAL INTERNATIONAL MEMBERSHIP. The companion<br />
piece to the Travel Planner includes benefit tips, anticipated<br />
exchange and Getaway destinations for the coming year, and the<br />
newest additions to the network of approximately 3,000 resorts.<br />
INTERVAL HD. At IntervalWorld.com, members can watch resort and<br />
destination videos, as well as helpful tutorials that provide step-by-step<br />
instruction on how to get the most out of their Interval benefits.<br />
INTERVAL INTERNATIONAL APP. Members can search for and book<br />
Getaways, access the Resort Directory, share resorts with friends and<br />
followers on Facebook or Twitter, and more, right from their smartphone<br />
or tablet.<br />
COMMUNITY. Available on IntervalWorld.com, this is Interval’s<br />
exclusive forum where members can connect with one another, and<br />
share experiences and get advice on planning their next vacation.<br />
SOCIAL MEDIA. With a presence on Facebook, Instagram, YouTube,<br />
Pinterest, and Google+, Interval International is accessible to members<br />
who want to share travel experiences, photos, and videos with<br />
the company and fellow members.<br />
Corbis RF/Glow Images<br />
INTERVAL, RESORT DONATIONS SUPPORT SCHOLARSHIPS FOR CTO FOUNDATION<br />
Interval International and its participating member<br />
resorts continued their support of the Caribbean<br />
Tourism Organization (CTO) Foundation with a<br />
US$20,000 donation in 2016.<br />
“This marks the 17th year that Interval and<br />
its resort partners have contributed to<br />
this Caribbean-based education initiative,”<br />
says Neil Kolton, Interval’s director of resort<br />
sales and service for the Caribbean and<br />
Florida. “During that time, we have donated<br />
more than US$300,000 to the CTO Foundation<br />
for scholarships and grants.”<br />
Participating member resorts that donated to the foundation include:<br />
Antigua – Tranquility Bay Antigua<br />
Mexican Caribbean – The Westin Lagunamar<br />
Aruba – Caribbean Palm Village, Divi Village Ocean Resort<br />
Golf & Beach Resort, La Cabana Beach Puerto Rico – Aquarius Vacation Club ®<br />
Resort and Casino, La Quinta Beach Resort, at Boquerón Beach, Aquarius Vacation<br />
Marriott’s Aruba Surf Club, Paradise Beach Club ® at Dorado del Mar Beach Resort,<br />
Villas, Renaissance Aruba Resort & Casino Azul ESJ Collection, Hyatt Hacienda del Mar<br />
Bahamas – Harborside Resort at Atlantis St. Lucia – Bay Gardens Beach Resort<br />
Bermuda – The St. George’s Club<br />
St. Maarten – Oyster Bay Beach Resort,<br />
Cayman Islands – 7 Mile Beach Resort, Simpson Bay Resort & Marina, The Westin<br />
Morritt’s Tortuga Club<br />
Dawn Beach Resort and Spa<br />
Curaçao – The Royal Sea Aquarium Resort Turks and Caicos – Alexandra Resort<br />
6
Even More Planning Tools for Interval<br />
Gold ® and Interval Platinum ® Members<br />
VIP CONCIERGE. Members can request assistance<br />
for a variety of tasks, from help securing tickets<br />
to a sold-out show to reserving airport transfers.<br />
Interval Travel: Putting the Plan in Motion<br />
Travel planning is half the fun, but the other half is ultimately what<br />
vacationing is all about. Interval Travel ® brings it all together, offering<br />
a host of vacation services — virtually everything and anything required<br />
to finalize any travel plan.<br />
AIR<br />
TOURS<br />
1 inch<br />
CITY GUIDES. These helpful resources feature<br />
trendy restaurants, shopping, nightlife, and<br />
attractions, as well as travel advice on popular<br />
destinations worldwide — including Interval<br />
resort locations.<br />
DINING CONNECTION. Members receive VIP<br />
treatment, including perks such as complimentary<br />
appetizers, drinks, desserts, and kitchen tours —<br />
and exclusive access to more than 170 partner<br />
restaurants in 22 top markets in the U.S., Canada,<br />
and Europe.<br />
MEMBER<br />
ONE-STOP SHOP<br />
INTERVAL TRAVEL<br />
CRUISES<br />
CRUISES<br />
CAR<br />
RENTALS<br />
VACATION<br />
ACTIVITIES<br />
HOTELS<br />
GOLF CONNECTION. Members enjoy access<br />
to nearly 900 private courses across the U.S. and<br />
Canada, receive 15 percent off golf equipment,<br />
and can search in real time for available tee times<br />
at more than 1,900 public courses.<br />
INTERVAL EXPERIENCES. Members can<br />
exchange their resort week or points toward<br />
exciting and unique adventures around the world,<br />
such as California Wine Country tours and<br />
gourmet cooking classes.<br />
RESORT<br />
SPECIALS<br />
TRAVEL<br />
INSURANCE<br />
All That Power —<br />
Good for Interval-Affiliated Resorts, Too<br />
“Interval-affiliated resorts can leverage the inherent value of these<br />
benefits to further enhance their own vacation ownership value proposition,”<br />
says Freed. “After all, the more variety and flexibility that can be<br />
offered to a potential owner, the better for all involved.”<br />
AFFILIATION<br />
Marriott Vacation Club, Surfers Paradise, a new resort located<br />
at the award-winning Surfers Paradise Marriott Resort<br />
& Spa on Australia’s Gold Coast, is ideally situated in a prime<br />
beach destination, with a multitude of entertainment options<br />
and beautiful natural surroundings. The property offers more<br />
than 80 deluxe guest rooms and one-bedroom suites — some<br />
of which can be combined into deluxe two-bedroom suites to<br />
accommodate larger families — with balconies overlooking<br />
the lagoon or the city. Rooms have floor-to-ceiling windows,<br />
flat-screen TVs, and pillow-top mattresses. Owners and guests<br />
enjoy amenities at the Surfers Paradise Marriott Resort & Spa,<br />
including four distinct dining venues, a fitness center, full-service<br />
spa, multipurpose sport court, and several freshwater and<br />
saltwater lagoons.<br />
7
Data SecurityBY JUDY KENNINGER<br />
NOT JUST FOR
JANUARY – MARCH 2017<br />
VACATION INDUSTRY REVIEW<br />
RESORTDEVELOPER.COM<br />
bluebay2014/Deposit Photos<br />
Over the past few years, it seems that the hits<br />
just keep coming. Hits to cybersecurity, that is.<br />
In 2014, the U.S. Office of Personnel Management’s systems were<br />
breached, revealing the personnel files of at least 4.2 million former<br />
and current federal employees. In 2015, Anthem, the largest for-profit<br />
managed-health company in the Blue Cross Blue Shield Association,<br />
disclosed that a database with approximately 80 million patient and<br />
employee records was exposed. This past fall, Kimpton Hotels confirmed<br />
a breach of payment-card information at more than 60 hotels<br />
and restaurants that went undetected for more than six months. And<br />
WikiLeaks released thousands of hacked emails from DNC accounts,<br />
U.S. intelligence officials alleging that Russia was behind the breakins<br />
in an attempt to interfere with the presidential election.<br />
In addition to data breaches, there’s also the threat of ransomware,<br />
in which a type of malware installed on a computer or server<br />
encrypts the files, making them inaccessible until a specified ransom<br />
is paid. It’s on the rise, with the total volume of ransomware samples<br />
known to Intel Security’s McAfee Labs topping 7 million in 2016, a<br />
128-percent year-over-year increase from 2015.<br />
“The reports are very concerning,” says Georgios Mortakis, vice<br />
president and chief information security officer for ILG. “In this environment,<br />
everyone in an organization needs to take responsibility for<br />
data security; it can’t be just left to the IT department.”<br />
Dangerous Game<br />
The consequences of the above-mentioned events are many:<br />
Consumers and employees are understandably upset when their<br />
private information is leaked. A company’s public image will suffer<br />
if shoddy security practices are revealed. In the case of ransomware,<br />
paying a ransom or replacing lost data could cost hundreds of<br />
thousands of dollars — or more. In addition, the Consumer Financial<br />
Protection Bureau (CFPB) recently announced it will begin enforcement<br />
in the area of data security, beginning by fining Dwolla, an<br />
online payment platform, US$100,000 for misrepresenting its systems<br />
as secure.<br />
“The Federal Trade Commission was already active in this area,<br />
and now the CFPB is joining in,” says Peter Moody, vice president<br />
of business development at Equiant, a leading loan-servicing provider.<br />
“If there’s a breach, companies need to demonstrate they’re<br />
responsible actors and have a comprehensive and effective compliance-management<br />
system. If the agencies find deficiencies, the<br />
penalties will be more severe.”<br />
That means information-security professionals have a difficult<br />
task: They have to keep up with cyber criminals and the tools to fight<br />
them, check off a growing list of compliance requirements, and monitor<br />
the security practices of their business partners and employees.<br />
“We have to go above and beyond to minimize risks,” Mortakis<br />
says. “We can’t eliminate all threats, but we can reduce their impact<br />
by mitigating identified vulnerabilities. As an analogy, if you live in<br />
South Florida, you could be affected by a hurricane, so you should<br />
be prepared. You can’t stop a hurricane from happening, but you can<br />
buy storm shutters. If there’s an incident, we need systems in place<br />
to identify the threat immediately, and reduce or eliminate its impact.”<br />
The Weakest Link?<br />
Because so many incidents begin with employee errors, a thorough<br />
training program, along with access controls, is essential. “All<br />
employees need to have training in security awareness,” Mortakis<br />
says. “In addition, you have to enforce the policies and procedures<br />
they’re being taught.”<br />
A common door into an IT network is phishing, malicious correspondence<br />
trying to get the recipient to take the bait in the form<br />
of an attachment or embedded link. In Verizon’s 2016 Data Breach<br />
Investigations Report, 30 percent of targeted people opened a phishing<br />
email, 13 percent clicked on a phishing attachment, but just 3<br />
percent of targeted individuals alerted management of a possible<br />
phishing email. Although you can train employees not to open suspicious<br />
emails, the “bad actors” out there are devising better and better<br />
strategies to entice them to do so. For example, a recent rash of phishing<br />
emails looked like an official email from FedEx, with an attachment<br />
about a missed package delivery.<br />
However, there are steps companies can take: First, emailfiltering<br />
software can prevent such emails from being delivered<br />
9
to employees. Second, it’s possible to protect the rest of the network<br />
from compromised desktops and laptops by segmenting the<br />
network and implementing strong authentication between user<br />
networks and anything of importance.<br />
According to Mortakis, this is the principle of least privilege. No<br />
users should be assigned administrative access unless absolutely<br />
needed. “If someone isn’t in human resources, they shouldn’t have<br />
access to HR files,” he explains. “In addition, there should be controls<br />
in place to alert you when an employee tries to access files<br />
they shouldn’t.”<br />
Another issue that comes with employees is that they want to use<br />
their own devices to access data. “There isn’t a complete solution to this<br />
issue,” Mortakis says. But there are some steps that can reduce the risk.<br />
“With data logging, you know when something has been downloaded,<br />
and remote-access controls can stop them from being able to download<br />
specific types of files.”<br />
Another area of concern is vendors, contractors, and other partners<br />
who use or have access to your company’s data. “Vendors entrusted<br />
with critical data need to have secure storage facilities with access controls,<br />
corporate security policies and testing, and certification, such as a<br />
Service Organization Controls (SOC) audit,” Moody says. “You need to<br />
ask probing questions and have written agreements on standards that<br />
are to be maintained.”<br />
IT Solutions<br />
Of course, there are steps best left to the professionals, beginning<br />
with automatically applying critical security patches (pieces of software<br />
designed to remedy vulnerabilities that have been identified in<br />
software) or updates to all systems and applications by investing in<br />
a patch-management solution. Patch management is a strategy used<br />
to determine what patches should be applied to which applications<br />
and when. Many vulnerabilities are remediated by simply applying the<br />
latest patches to existing systems.<br />
In addition, you must regularly back up data and verify the integrity<br />
of those backups. “Backups are critical in ransomware incidents; if you<br />
are infected, backups may be the best — or only — way to recover your<br />
critical data,” Mortakis explains. “The backups must also be secure and<br />
not connected to the computers and networks they are backing up.”<br />
Examples might include securing backups in the cloud, or physically<br />
storing them offline.<br />
With more data being stored in cloud environments and employees<br />
accessing that data from their own devices, consider implementing<br />
two-factor authentication, Moody says. With two-factor authentication,<br />
employees and other users are required to have not only a password and<br />
user name, but also something that only they have, such as a physical<br />
token. For example, if you have tried to log in to your bank account from<br />
a new computer, your bank may have texted you a code to enter before<br />
granting you access to your account information.<br />
To reduce risk, don’t keep sensitive information if you don’t need it,<br />
advises Mortakis. “Put in place a well-defined retention policy that limits<br />
the amount of time that sensitive data is stored.”<br />
An important step to ensure that data is secure is to test your system.<br />
Penetration testing, ethical hacking, and vulnerability assessments are<br />
useful tools for identifying hidden network and host vulnerabilities. “At<br />
ILG, we have our own team, and we also have a third party on demand,”<br />
Mortakis says. “I recommend performing all types — web and network<br />
layers, internal and external networks — of penetration testing at least<br />
annually. We perform twice-a-year penetration testing, quarterly internal<br />
network-vulnerability assessments, and monthly external networkvulnerability<br />
assessments. And that doesn’t count any additional testing<br />
we undergo for compliance purposes, such as PCI scans.”<br />
Where Credit Goes Through<br />
Because so many data breaches have targeted payment-card information,<br />
that’s an area of particular concern. “Developers should only work<br />
with a payment-card processor that has achieved the Payment Card<br />
Industry Security Standards Council’s highest level of certification: PCI<br />
Certification Level 1,” Moody says. “This certification provides them with<br />
reassurance that the processor can accept, process, store, and transmit<br />
credit-card information on their behalf in a secure environment.”<br />
In addition, if a company accepts credit cards at — for example —<br />
resorts, sales centers, and retail environments, it should have upgraded<br />
to EMV chip readers for credit cards by now. “As of October 2014, if<br />
a merchant doesn’t have EMV in place, they’re automatically deemed<br />
responsible for any breaches that occur,” Moody says. “If you’re still<br />
swiping, it’s way past time to adopt this technology, which has far superior<br />
security.”<br />
Judy Kenninger, RRP, heads Kenninger Communications and has been covering<br />
the shared ownership and vacation real estate industries for nearly two decades.<br />
Resources<br />
At AIFEducates.com, you can watch ARDA International<br />
Foundation’s Learning Center webinar on Consumer Financial<br />
Protection Bureau requirements, Risk Management Strategies:<br />
The Need for a Robust Compliance Management Program.<br />
Open Web Application Security Project is a worldwide<br />
not-for-profit charitable organization focused on improving the<br />
security of software. Similar to Wikipedia, it’s a community that<br />
shares information regarding best practices in software security<br />
and application tools.<br />
owasp.org<br />
The Payment Card Industry (PCI) Security Standards<br />
Council is a global forum for the ongoing development,<br />
enhancement, storage, dissemination, and implementation<br />
of security standards for account-data protection.<br />
pcisecuritystandards.org<br />
Verizon’s 2016 Data Breach Investigations Report<br />
examines more than 100,000 incidents, including 2,260<br />
confirmed data breaches across 82 countries. With data<br />
provided by 67 contributors, including security-service providers,<br />
law enforcement, and government agencies, the report offers<br />
insight into cybersecurity threats.<br />
verizonenterprise.com/verizon-insights-lab/dbir/2016<br />
The Visa Global Registry of Service Providers lists providers<br />
that adhere to strict security standards and are in compliance<br />
with PCI regulations. Visa recommends, “Clients and merchants<br />
should reference the site regularly as part of their due-diligence<br />
process and should only use service providers that are listed<br />
on the registry for outsourcing their payment-related services.”<br />
visa.com/splisting<br />
10
THANK<br />
YOU<br />
We Couldn’t Have Done It<br />
WITHOUT YOU!<br />
This year’s International Shared<br />
Ownership Investment Conference<br />
was a great success, and we<br />
appreciate all of the sponsors,<br />
speakers, and attendees who<br />
helped make it happen.<br />
18TH ANNUAL<br />
EXCLUSIVE<br />
EDUCATIONAL<br />
PARTNER<br />
CORPORATE SPONSORS<br />
PATRON SPONSORS<br />
SUPPORTING SPONSORS<br />
MEDIA SPONSORS
JANUARY – MARCH 2017<br />
VACATION INDUSTRY REVIEW<br />
RESORTDEVELOPER.COM<br />
A GLOBAL<br />
OUTLOOK<br />
International Shared Ownership<br />
Investment Conference Sheds Light<br />
on a World of Timeshare Opportunity<br />
BY LAURIE CHARLES<br />
Maria Cordova<br />
12
LEFT: Hugh Riley,<br />
secretary general<br />
and CEO, Caribbean<br />
Tourism Organization;<br />
William Marlin, prime<br />
minister of St. Maarten;<br />
Edmund Bartlett,<br />
Jamaica’s minister<br />
of tourism. RIGHT:<br />
Guest speaker Scott<br />
Stratten, president,<br />
Un-Marketing.<br />
“The state of the industry is strong — not just<br />
in the U.S., but in locations around the globe.”<br />
No words sum up the 18th annual International Shared Ownership<br />
Investment Conference better than the opening remarks from David<br />
Gilbert, president of Interval International.<br />
Gilbert’s proclamation set the stage for the two-and-a-half-day seminar,<br />
which featured discussions, panels, and presentations from industry<br />
leaders, marketing experts, and even a head of state. Interval hosted<br />
the event at the Eden Roc Miami Beach Resort & Spa, October 24 to 26,<br />
in conjunction with the Info-Exchange Seminar on October 25.<br />
While the conference proffered networking opportunities for industry<br />
veterans and potential entrants alike, more than 500 attendees were also<br />
treated to global insights about the product, trending markets worldwide,<br />
and a celebration of Interval’s 40th anniversary.<br />
A Sphere of Possibilities<br />
Even with industry changes, competition from the sharing economy, and<br />
the challenges of serving the millennial market, a rush of optimism filled<br />
the halls of the Eden Roc. “Shared ownership is a compelling business<br />
model for resort developers who want to make quality vacations available<br />
to consumers in a flexible and profitable way,” says Gilbert. “This year,<br />
we continued and enhanced our focus on international markets, which<br />
are the growth areas of the future. As part of the conference evolution,<br />
Roy Peires, founder and chairman, CLC World Resorts & Hotels; Stephen Weisz, president and CEO, Marriott Vacations Worldwide Corp.; Peter<br />
Yesawich, vice chairman emeritus, MMGY Global; Craig Nash, chairman, president, and CEO, ILG; Howard Nusbaum, president and CEO, ARDA.<br />
13
14<br />
An industry perspective on<br />
Mexico featured Gibran Chapur,<br />
executive vice president, Palace<br />
Resorts; Daniel Chavez, vice<br />
president, Grupo Vidanta; Jeff<br />
Healy, managing director, Club<br />
Tesoro Resorts; and Michael<br />
Buchalter, vice president, The<br />
Villa Group. Conference activities<br />
ran the gamut, including Interval<br />
International’s 40-year anniversary<br />
celebration; the Info-Exchange<br />
Seminar, introduced by David<br />
Gilbert, president of Interval<br />
International; and guest speaker<br />
Adriana Grineberg, Facebook’s<br />
regional director of Latin America,<br />
who shared mobile trends.
JANUARY – MARCH 2017<br />
VACATION INDUSTRY REVIEW<br />
RESORTDEVELOPER.COM<br />
Sponsors<br />
The International Shared Ownership Investment<br />
Conference was made possible through the<br />
support of the following sponsors:<br />
we had industry leaders from Europe, Latin America, the Caribbean, and<br />
Asia share insights on their respective regions. In addition, it was really great<br />
to see government officials participating and endorsing our conference.”<br />
Several sessions touched upon the impact of timesharing in global<br />
economies. During one of those panels, William Marlin, prime minister of<br />
St. Maarten, and Edmund Bartlett, Jamaica’s minister of tourism, talked<br />
about vacation ownership in their countries.<br />
St. Maarten has embraced timesharing for 36 years, according to<br />
Marlin, who proclaimed the country a leader in the region.<br />
Jamaica, on the other hand, is “the new kid in the neighborhood,” as<br />
described by Bartlett. He noted that Jamaica just this year passed legislation<br />
that should encourage the development and sales of vacation ownership<br />
on the island. “I’m here today to begin the conversation,” Bartlett said.<br />
Two sessions were dedicated to Latin America, one focused on Mexico,<br />
and the other — conducted in Spanish — on markets in South America.<br />
Halfway across the globe, the Asia/Pacific market is experiencing a<br />
boom in timeshare as well, according to Paul Dean, principal of Dean and<br />
Associates, who shared data on the region in the State of the Industry session.<br />
“It’s home to four of the world’s leading economies. There’s disposable<br />
income, a growing middle class, and affordability in travel.”<br />
A Bright Future<br />
Back in North America, “the outlook is at a high,” says Jenny Ochtera<br />
Davlin, vice president of member experience and business development at<br />
the American Resort Development Association (ARDA). “What you’ll find is<br />
a very positive movement moving forward. We are on solid ground.”<br />
Market-specific analysis and research aside, attendees heard from top<br />
leaders through a series of panels, from the brands to the independents<br />
to the C-suite, which featured the perspective of Craig M. Nash, chairman,<br />
president, and CEO of ILG; Howard Nusbaum, president and CEO of<br />
ARDA; Roy Peires, founder and chairman of CLC World Resorts & Hotels;<br />
and Stephen Weisz, president and CEO of Marriott Vacations Worldwide<br />
Corp.<br />
Conference-goers were also treated to effective marketing strategies<br />
from the president of Un-Marketing, Scott Stratten, and Facebook<br />
analytics from the company’s regional director of Latin America, Adriana<br />
Grineberg. Additional sessions covered topics ranging from geo-specific<br />
amenities to a new-product showcase.<br />
All in all, attendees walked away with an optimistic industry outlook.<br />
“We’ve had very positive feedback,” notes Gilbert. “The fact that so many<br />
have been returning for years and that our global participation continues to<br />
grow are indications not only of the value of the event, but also the health<br />
of the industry.”<br />
The 19th annual International Shared Ownership Investment Conference<br />
will take place again at the Eden Roc in Miami Beach, Florida, and is scheduled<br />
for October 23 to 25, 2017.<br />
PATRON SPONSORS<br />
Allianz Global Assistance<br />
BakerHostetler<br />
Capital One<br />
Equiant<br />
Fidelity National Timeshare<br />
First American Title Insurance Company<br />
Harbor Linen<br />
Interval International<br />
JMBM Global Hospitality Group<br />
Preferred Residences<br />
CORPORATE SPONSORS<br />
Customized Solutions, LLC<br />
DG Film Company<br />
Foley & Lardner LLP<br />
Hyatt Vacation Ownership<br />
Meridian Financial Services, Inc.<br />
Outfield Resort Group<br />
TimeShareWare<br />
Trading Places International<br />
Vistana Signature Experiences<br />
VRI<br />
SUPPORTING SPONSORS<br />
Capital Source<br />
Caribbean Hotel & Tourism Association<br />
Caribbean Tourism Association<br />
Crunchy Logistics<br />
Extreme Engineering<br />
FNTC<br />
Greenspoon Marder<br />
Nordis Direct<br />
Quorum Federal Credit Union<br />
Ragatz Associates<br />
SPI Software<br />
STR<br />
Ward Financial<br />
Wellington Financial<br />
Western Alliance Resort Finance<br />
MEDIA SPONSORS<br />
Anuario Inmobiliario Latinoamérica<br />
Developments<br />
Perspective<br />
Resort Trades<br />
Vacation Industry Review<br />
EXCLUSIVE EDUCATIONAL PARTNER<br />
Florida International University Chaplin School of<br />
Hospitality & Tourism Management<br />
15
JANUARY – MARCH 2017<br />
VACATION INDUSTRY REVIEW<br />
RESORTDEVELOPER.COM<br />
RESORT RESTAURANTS<br />
Reimagined<br />
An Appetite for<br />
out-of-the-Ordinary<br />
Dining BY JOYCE HADLEY COPELAND<br />
Sure, vacation owners love their<br />
kitchens, but eating out has always<br />
been a favorite thing to do when<br />
traveling. Nearly 70 percent of<br />
Interval’s U.S. members surveyed<br />
in 2015 said having a restaurant<br />
on-site was important.<br />
What’s new is that today’s foodies, locavores,<br />
and Food Network–savvy diners are hungry for<br />
more than just a good meal. So a growing number<br />
of timeshare resort restaurants are treating guests<br />
to the culinary experience they crave. Menus tell a<br />
story about homegrown and locally sourced ingredients<br />
and innovative flavor combinations. Chefs<br />
come out of the kitchen to demonstrate their<br />
techniques and answer questions. Dinner plates<br />
are showcased on Facebook and Instagram.<br />
“A couple of years ago, if you wanted to serve<br />
somebody tuna carpaccio, they would say, ‘I don’t<br />
eat bait,’” laughs Jeroen Hanlo, vice president<br />
of food and beverage operations for Karisma<br />
Hotels & Resorts. “That’s all changed. People are<br />
open to being experimental. They like trying<br />
different things.”<br />
Blame it on what’s being called the “Experience<br />
Economy.” Today’s vacationers have an appetite<br />
for participation and connection. According to a<br />
study by Eventbrite, a global ticketing and events<br />
marketplace, the experiential diner is driven by<br />
the desire to be immersed in a unique culinary<br />
concept — a memorable location (76 percent),<br />
a surprising menu or theme (84 percent), or a oneof-a-kind<br />
experience (74 percent) — and three out<br />
of four are willing to pay more for it.<br />
That’s where things start to get interesting.
ABOVE: Great food, great service, and a great sense of place are the ingredients that have earned awards and accolades for Edge Steakhouse at Westgate Park City<br />
Resort and Spa. BELOW: Artful dishes are visual and sensual masterpieces designed to surprise and delight at Karisma’s Le Chique restaurant at Azul Sensatori<br />
Mexico, a Gourmet Inclusive Hotel in the Riviera Maya.
ABOVE: Top chefs and sommeliers come together as part of Karisma Hotels & Resorts’ Gourmet Inclusive Experience to wine, dine, teach, and tantalize<br />
owners and guests with weeklong interactive food and wine experiences. BELOW: From the types of plateware chosen to the depth and breadth of<br />
its wine collection, Westgate Resorts tends to all the details when it comes to creating a successful on-site restaurant, such as Edge Steakhouse.
JANUARY – MARCH 2017<br />
VACATION INDUSTRY REVIEW<br />
RESORTDEVELOPER.COM<br />
Food as Theater<br />
Every month, Karisma Hotels & Resorts brings together top chefs and<br />
sommeliers in back-to-back events as part of its Gourmet Inclusive<br />
Experience. Owners and guests at Karisma resorts on Mexico’s<br />
Riviera Maya are invited to participate in the Jackson Family Wine<br />
Culinary Series and Canadian Beef Series, by Karisma. Each weeklong<br />
event kicks off with a beach barbecue meet-and-greet, followed<br />
by demonstrations, cooking classes, chef’s tips, vertical tastings,<br />
and expert wine pairings. The events culminate in the Guest Chef and<br />
Wine Master Dinner, prepared live and served in Karisma’s palapa-style<br />
Fuentes Culinary Theatre.<br />
“People can ask questions of the chef and the wine personality. It’s<br />
a truly interactive experience and wonderful culinary entertainment,”<br />
Hanlo says. “We have chefs calling in saying, ‘Hey, I want to be a part of<br />
this.’ We can handpick them.”<br />
Dining is an integral part of the Karisma Gourmet Inclusive<br />
Experience. Every resort has as many as 15 restaurants on-site,<br />
each offering a unique experience. Le Chique — a AAA Five Diamond<br />
Award–winning restaurant at Azul Sensatori Mexico, a Gourmet<br />
Inclusive Hotel in the Riviera Maya — is billed as a multisensory dining<br />
adventure, from its sleek, modernist decor to seasonal tasting menus<br />
featuring foods that are deconstructed, then reconstructed to resemble<br />
something else. Nothing is what it seems: Spheres are cocktails.<br />
Entrees masquerade as dessert served on a pedestal or resting on<br />
a sling. Textures and flavors are designed to puzzle and amaze.<br />
JOYÀ at Vidanta Riviera Maya turns the concept of dinner theater<br />
up a notch by immersing diners in the magical world of JOYÀ, the first<br />
Cirque du Soleil show to include a dining experience as part of the<br />
performance. The resort’s chefs created a three-course meal to mirror<br />
the different acts of the show: Bread is shaped like bonsai trees, an<br />
appetizer plate emits the fog of the forest, the menu can be dipped<br />
in salsa and devoured. Staged in the specially constructed Cirque du<br />
Soleil Theater on-site, JOYÀ is the product of one of many successful<br />
partnerships Grupo Vidanta has embarked upon to add excitement<br />
to its brand.<br />
Getting the Details Right<br />
“We started out in the restaurant business as more of an amenity for<br />
our guests, then we really knuckled down and focused on the quality<br />
of the experience and the quality of the food,” says Mark Waltrip, chief<br />
operating officer of Westgate Resorts. Today, the developer operates<br />
about 50 restaurants and bars within its properties in popular vacation<br />
destinations throughout the U.S.<br />
A small team of food and beverage executives and chefs meticulously<br />
develops branded dining concepts — everything from gourmet<br />
gastropubs to the award-winning Edge Steakhouse at Westgate Park<br />
City Resort and Spa in Park City, Utah. In just four years since it opened,<br />
the restaurant has earned accolades for its menu, including wagyu beef<br />
from cattle raised to the strict standards of American Kobe, wild-caught<br />
fresh fish and seafood flown in daily, complemented with locally sourced<br />
and organically grown produce. The restaurant was recently named one<br />
of the 10 Best Restaurants in Park City, Utah, by USA Today.<br />
“It comes down to three things: You have to have great food,<br />
you have to have great service, and you have to have a great sense<br />
of place,” Waltrip says. With a particular demographic and market<br />
in mind, the team shops the competition and fine-tunes the menu in<br />
Westgate’s Orlando test kitchen. While food is the star, Waltrip believes<br />
the details, such as the seating plan, matter.<br />
“We really look at every seat in the restaurant and we visualize,<br />
Procuring sustainable seafood and local fish and produce<br />
are priorities for community-minded Lakeside Seafood & Grill at<br />
The Huronic Residences at Living Water in Collingwood, Ontario.<br />
Would I be happy sitting at that table?” he explains. “My dream of a<br />
perfect restaurant is like what we did with Edge Steakhouse in Park City.<br />
You walk into that restaurant and there’s a perfect table for everybody.<br />
That, to me, is the ultimate design of a restaurant, creating a comfort<br />
zone where people are happy with the table you walk them up to.”<br />
Instead of the standard booths lined up along a wall, leaving half the<br />
dining party with a view of the wall and the other half trapped behind the<br />
table, Edge mixes circular banquettes with freestanding tables to give<br />
every diner a view of the elegant decor.<br />
“It’s not about just plating up food and kicking it out the door,” Waltrip<br />
says. “It’s really focusing on the details of the guest experience, from<br />
the menu design to the presentation, the type of plateware we use, and<br />
the seating arrangement. Whether we’re doing casual or fine dining, it’s<br />
making sure we ask ourselves this fundamental question: Is this a place<br />
I would want to eat?”<br />
Farm to Fork<br />
A commitment to sustainability is expected these days, says Brandon<br />
Maeda, director of food and beverage for The Westin Ka’anapali Ocean<br />
Resort Villas in Maui, Hawaii. “Nowadays, people are very savvy and<br />
aware of what’s going on in the culinary world. They want to know where<br />
you source your food from. Is this fish being caught responsibly? Where<br />
did you get your cheese? If you’re not being sustainable, if you’re not<br />
using local products, people are not as attracted to you.”<br />
Indeed, 68 percent of American consumers say they are more likely<br />
to visit a restaurant that offers food items from nearby producers, according<br />
to the National Restaurant Association. Headlining its 2016 Top Food<br />
Trends are locally sourced meats, seafood, and produce, as well as<br />
hyper-local food such as herbs and vegetables grown on the premises.<br />
The regional Italian dishes on the menu at The Westin Ka’anapali’s<br />
Pulehu, An Italian Grill are made with vegetables purchased from island<br />
farmers, fresh fish, and local products such as cheese from Maui’s<br />
Surfing Goat Dairy. An on-site aquaponics garden — a chemical-free<br />
environment in which underwater plants are nourished by the by-<br />
19
JANUARY – MARCH 2017<br />
VACATION INDUSTRY REVIEW<br />
RESORTDEVELOPER.COM<br />
products of live fish — yields fresh mint, basil, and<br />
green onions. “It’s such a great story to be able to<br />
tell guests, ‘We grew this basil 50 feet away from<br />
where you are right now, and we picked it an hour<br />
before we started dinner service.’”<br />
The farm-to-fork philosophy will carry over<br />
to the restaurant at The Westin Nanea Ocean<br />
Villas, also in Maui, scheduled to open this year.<br />
A key component of the sustainability story<br />
is community. “Because of our size, our purchasing<br />
power can really make an impact,” Maeda says.<br />
“The more we use locally, the more we help support<br />
farmers and growers, which, in turn, supports the<br />
community. Being on an island, we need to make<br />
sure we’re driving the local economy in the right<br />
direction, too.”<br />
JOYÀ at Vidanta Riviera Maya blends a dining experience with a Cirque du Soleil<br />
show. The dishes reflect the action on stage, and even the menu can be eaten.<br />
Tying in Timesharing<br />
Timeshare resorts are discovering that creating<br />
buzz by offering a unique restaurant experience<br />
can increase sales, bolster brand loyalty, and generate<br />
additional revenue by attracting more tourists and local residents.<br />
“With 50 restaurant and bar venues, we are a very sizeable force<br />
in the restaurant business,” Waltrip says. “We’re operating at about a<br />
22-percent margin, so it’s become a very healthy, very vibrant part of<br />
our business.” Area tourists and local residents make up two-thirds of<br />
Westgate’s restaurant clientele in the popular vacation destinations<br />
it serves, and Westgate rewards its vacation owners with a 15-percent<br />
discount.<br />
A different formula guided the establishment of Lakeside Seafood<br />
& Grill, a 150-seat steakhouse featuring certified Angus beef, which<br />
opened with the third phase of The Huronic Residences at Living Water<br />
on the shores of Georgian Bay in Collingwood, Ontario, Canada.<br />
“We’re a town with 22,000 people and over 100 restaurants, so it’s<br />
quite a competitive market,” says Warren Smith, executive vice president<br />
of Law Development Group. “Even though we knew we had a great<br />
location, we had to make sure that the resort was big enough to sustain<br />
about 50 percent of the business.” The only waterfront restaurant within<br />
37 miles (60 kilometers), Lakeside was an instant hit — serving steak,<br />
sustainable seafood, fresh lake fish, and locally grown fruits and vegetables<br />
— with phenomenal lake views. “What I’ve heard now is that it’s<br />
really the place to eat in Collingwood,” Smith says.<br />
The decision to also include a 16-seat kitchen theater at the resort<br />
was made with tour generation in mind. “We’ve actually noticed the efficiencies<br />
are quite high on those tours, in particular,” he says. “I think,<br />
traditionally, timeshare marketing has been here’s what you do and you<br />
do it by yourself. This gets people communicating and gives them that<br />
social outlet they’re looking for.”<br />
A Passion for Participating<br />
Participation is the secret ingredient of the new dining experience.<br />
Guests are trying new flavors, learning cooking techniques, touring<br />
on-site greenhouses and aquaponics gardens, and posting photos of<br />
dinner plates on Instagram.<br />
“We’re pushing for more sharing dishes on our menus<br />
so people can literally share food, which brings up a conversation,”<br />
Karisma’s Hanlo says. “We believe in total<br />
transparency. If someone wants to walk with me into the<br />
butchery to see how things are done, that’s not a problem.<br />
We’re proud of the products we have. We know how to<br />
handle them.”<br />
The resorts’ passion for innovation and guest hunger<br />
for new experiences feed on each other. The Westin<br />
Ka’anapali’s Maeda recounts, “Sometimes we’ll post<br />
something, and literally minutes later, somebody will<br />
show up and say, ‘Hey, I just saw this thing about what<br />
you guys are doing. Can you tell me more about it?’ We<br />
have to stay on top of it and be sure that we can answer<br />
those questions and share the stories when people<br />
come to us. It’s exciting.”<br />
Joyce Hadley Copeland, based in Tucson, Arizona, contributes<br />
regularly to travel and hospitality publications and websites.<br />
20
BRAND AND DELIVER<br />
When you align your shared ownership resort with Preferred Residences SM , you benefit from<br />
the support of two powerful legacy brands while you maintain your property’s distinct style.<br />
Backed by Interval International ® and Preferred Hotels & Resorts SM , Preferred Residences is<br />
a hospitality-branded program for luxury resorts, private residence clubs, and condominiumstyle<br />
hotels. Your owners enjoy exclusive Preferred Residences benefits that can be used<br />
throughout the year. They also have access to the best of Interval’s network of resorts —<br />
curated especially for them — along with special discounts and privileges through their<br />
Interval Platinum ® membership. And you will receive custom sales and marketing support<br />
including exclusive lead-generation opportunities.<br />
It’s simple: A partnership with Preferred Residences gives you brand power that delivers<br />
results. And that’s the edge you need in today’s shared ownership market.<br />
For more information, contact Michelle DuChamp at 305.925.7240 or email at Michelle.DuChamp@preferredresidences.com.
The New Gold (and<br />
If you’re not selling Interval Gold ® or Interval Platinum ® ,<br />
you’re missing the chance to close more sales and<br />
keep your owners engaged throughout the year.<br />
Owners enjoy discounts on the best<br />
hotel rates powered by the Orbitz Partner<br />
Network. Interval Gold members take<br />
5 percent off, and Interval Platinum<br />
members save 10 percent on every hotel<br />
stay booked at IntervalWorld.com.<br />
Through Interval Options ® , upgraded<br />
members can trade toward exciting<br />
adventures around the world. Examples<br />
include hands-on golf instruction from<br />
a PGA pro and a chauffeur-led tour of<br />
California Wine Country.<br />
Don’t miss out on this golden opportunity.
Platinum) Standard<br />
Interval’s upgraded memberships are soaring to<br />
new heights, with several exciting benefits that provide<br />
tremendous value.<br />
Give them the chance to play like a<br />
member, with access to nearly 900 private<br />
courses across the U.S. and Canada. Plus,<br />
they’ll get 15 percent off golf equipment<br />
available through Golf Connection.<br />
Your owners enjoy special amenities such<br />
as kitchen tours and table visits from<br />
the chef, when they reserve in advance<br />
through Dining Connection. In all, there are<br />
more than 170 partner restaurants in 22 of<br />
the world’s top markets.<br />
For more information, visit ResortDeveloper.com.
WESTGATE RESORTS<br />
BY JUDY KENNINGER<br />
ALL<br />
ABOUT<br />
THE<br />
Experience<br />
Over the past few years, Westgate<br />
Resorts has developed new marketing<br />
strategies, adopted cutting-edge<br />
technology in its sales centers, and<br />
tried various lead-generation methods.<br />
But what’s made the biggest difference<br />
in growing its considerable owner base<br />
hasn’t been sales and marketing.<br />
“Although we constantly evolve our social media<br />
and marketing offers, what has impacted our value<br />
per guest and other metrics is delivering a higher level<br />
of experience,” says Mark Waltrip, Westgate’s chief<br />
operating officer. “We’ve had tremendous success<br />
with the amenities we offer — the restaurants, the<br />
retail outlets, the spas — all of which are discounted<br />
heavily to owners. It just enhances the value proposition<br />
of being a Westgate owner.”<br />
How successful are these amenities? Consider<br />
this: Built at a cost of US$15 million, the Ship Wreck<br />
Island Water Park, which opened in June 2015 at<br />
Westgate Town Center in Kissimmee, Florida, has<br />
already paid for itself — sales increased by US$1 million<br />
per week after the park opened. Other amenities,<br />
such as the Serenity Spa at Westgate Park City Resort<br />
and Spa in Park City, Utah, consistently outrank similar<br />
facilities at properties such as the nearby Waldorf<br />
Astoria Park City.<br />
“What we’ve learned is that tourists are looking<br />
for a unique experience, and they’re also looking for<br />
a unique value proposition,” Waltrip says. “We don’t<br />
nickel and dime our owners; instead we deliver a great<br />
experience that’s unique to the destination. That formula<br />
is working very well for us.”<br />
WESTGATE PARK CITY RESORT AND SPA, PARK CITY, UTAH<br />
Affordable Amusements<br />
The sales center at Westgate Town Center, on the<br />
second floor of the main building, features a large<br />
wall of windows. To capitalize on the view, Westgate<br />
built the water park on the second floor of a structure<br />
facing those windows, meaning prospective owners<br />
are greeted by the sight of a huge pirate ship. As they<br />
consider buying, they’re looking out at guests cavorting<br />
in the water park.<br />
“We recognized that guests were looking for more<br />
affordable options during their stays,” Waltrip says.<br />
“Theme-park tickets have escalated to the point that<br />
24
JANUARY – MARCH 2017<br />
VACATION INDUSTRY REVIEW<br />
RESORTDEVELOPER.COM<br />
WESTGATE TOWN CENTER, KISSIMMEE, FLORIDA<br />
guests can no longer afford to attend more than a few days in a week.”<br />
Owners at Westgate Town Center and adjacent Westgate Vacation<br />
Villas and Westgate Towers receive free admission to the water park,<br />
while renters are charged US$20. “Our owners pay a small portion of<br />
their HOA fee toward maintaining the water park, and they love receiving<br />
free admission,” says Waltrip.<br />
Westgate Resorts’ hot dog stand at the Cocoa Beach Pier in Florida.<br />
Fresh Dining Concepts<br />
Westgate has created its own dining concepts such as the awardwinning<br />
Edge Steakhouse in Park City, Utah, and at Westgate Las<br />
Vegas Resort & Casino; Fresco Italiano and Silk Road Asian Bistro,<br />
also in Las Vegas; and Drafts Sports Bar & Grill at Westgate Town<br />
Center and other locations.<br />
“A restaurant is a very important part of the guest experience,”<br />
Waltrip explains. “We don’t want to lose a $20,000 sale because of a<br />
bad experience with a $10 hamburger.”<br />
When creating restaurants, Waltrip maintains that you have to be<br />
the best in that space. “We have a wide variety of restaurants ranging<br />
from fine dining to quick-serve, but regardless of what space we are<br />
25
in, we want to serve the very best food. For instance, we have a hot<br />
dog stand on the Cocoa Beach [Florida] Pier. We want to serve the<br />
best doggone hot dog you can offer — and we do.”<br />
Westgate owners receive a percentage discount off their bill at<br />
resort restaurants, which brings the price down to near Westgate’s<br />
actual costs, says Waltrip.<br />
“Glamping” in Style<br />
Where do guests pay more to sleep in a tent than at a nearby luxury<br />
condominium? At Westgate River Ranch, a 1,700-acre (688 hectares)<br />
ranch, approximately one hour south of Orlando, which also features<br />
a weekly rodeo with trick riding, bull riding, and barrel racing in a<br />
1,200-seat arena.<br />
Of course, they’re not just any tents. Part of the glamping trend,<br />
these tents feature air conditioning, real beds, a private bathroom<br />
facility with a shower, and a staffer to light the nightly campfire.<br />
“We started with just 10 tents, and now have 20,” Waltrip says.<br />
WESTGATE RIVER RANCH, RIVER RANCH, FLORIDA<br />
“We’ve also added 10 luxe teepees with cast-iron bathtubs.” The teepees<br />
sleep up to four guests and have a double-sided stone fireplace,<br />
two leather chairs with an authentic cowhide ottoman, luxury linens,<br />
two rocking chairs, and a private patio deck. The accommodations<br />
are particularly popular with grandparents who bring grandchildren.<br />
“It’s one of the best things we’ve done for the money,” he says. “It<br />
elevates the quality of the ranch itself. The response has been amazing.”<br />
Adding to the overall value proposition for Westgate owners,<br />
Waltrip says, is its affiliation with Interval International. “They’ve<br />
always been a phenomenal partner. We like to keep guests in our<br />
network, but the reality is Interval gives us several thousand added<br />
options and flexibility. Interval also offers other valuable benefits. It<br />
lets our owners know they are valued.”<br />
David Siegel (right) has worked with local and national government instituitons and<br />
leaders to combat drug abuse, including U.S. Surgeon General Vivek Murthy (center),<br />
his staff, and Texas Congressman Pete Sessions (left).<br />
Victoria’s Voice<br />
When David Siegel’s 18-year-old<br />
daughter Victoria died from a drug<br />
overdose on June 6, 2015, the<br />
Westgate founder and CEO, and<br />
timeshare industry leader, shifted<br />
his focus from expanding an empire<br />
to saving lives. “I walk in my office<br />
every day and on the left on my desk<br />
is a pile of resort work, on the right is<br />
a pile of drug-related work,’’ he says.<br />
“I look at the work pile and I think,<br />
money. I look at the drug-related<br />
and I say, lives. My attention goes<br />
to saving lives. I don’t want other<br />
families to go through what we went<br />
through, to lose what we lost.”<br />
To that end, Siegel and his wife,<br />
Jacqueline, started the Victoria’s<br />
Voice Foundation. The foundation’s<br />
mission is three-fold: to encourage<br />
locking up prescription medications<br />
(according to Siegel, 53 percent of<br />
children who use illicit prescription<br />
drugs get them from a relative’s<br />
or friend’s medicine cabinet); to<br />
implement random drug testing<br />
in educational institutions; and<br />
to require the coprescription of<br />
naloxone every time an opiate<br />
painkiller is prescribed. “Naloxone<br />
is a completely safe opiate-reversal<br />
drug that can pull someone out<br />
of an overdose state — even<br />
on the verge of death — into an<br />
immediate withdrawal,” Siegel says.<br />
“It is life-saving and nonaddictive.”<br />
Siegel, a member of the<br />
Orange County Heroin Task<br />
Force, advocated for passage<br />
of the Comprehensive Addiction<br />
and Recovery Act (CARA), which<br />
includes measures for prevention,<br />
drug treatment, recovery, and<br />
support, as well as criminal-justice<br />
reform. The bill was signed by<br />
President Obama on July 22,<br />
2016, and since then, Siegel has<br />
been lobbying the president and<br />
Congress for funding.<br />
“David has been applying the<br />
same creativity that he used to build<br />
Westgate to this issue, and he’s<br />
saving lives,” says Waltrip. “That’s<br />
the big story for Westgate this year.<br />
Yes, we’re growing, but it’s more<br />
important to us that David is leading<br />
the country in fighting the pandemic<br />
of drug abuse, and he’s making a<br />
difference.”<br />
Westgate Resorts<br />
Developer:<br />
Headquarters:<br />
Product:<br />
Resorts:<br />
Price:<br />
Website:<br />
Central Florida Investments/Westgate Resorts<br />
Orlando, Florida<br />
Seasonal floating weeks; owners can lock in some weeks<br />
27 vacation ownership properties throughout the U.S., including resorts in Arizona,<br />
Florida, Mississippi, Missouri, Nevada, South Carolina, Tennessee, Utah, and Virginia<br />
Two-bedroom, one-week: US$25,000 to US$30,000<br />
westgateresorts.com<br />
FAST FACTS<br />
26
Have readers.<br />
Will travel.<br />
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THEY LOVE VACATION OWNERSHIP.<br />
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THEY WANT MORE.<br />
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THEY ARE AFFLUENT.<br />
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THEY TRAVEL — A LOT.<br />
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INTERVAL WORLD R I V I E R A M A Y A G A T L I N B U R G M E S Q U I T E N A P L E S S I C I L Y S P R I N G 2 0 1 6<br />
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A Smoky Mountains Story | Natural Wonders of the West<br />
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PLUS: Getaways from $257 (Page 79)<br />
To advertise in Interval World magazine, contact Nicole Meck at +949.470.8324; Nicole.Meck@intervalintl.com.<br />
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+44 (0) 20 8336 9581; Annie.Mercer@intervalintl.com.<br />
In Asia/Pacific, contact Fizah Ibrahim at +65 6318 2510; Norafizah.Ibrahim@intervalintl.com.
MEGA VACATIONS CLUB<br />
By Joyce Hadley Copeland<br />
MEGA VACATIONS CLUB AT HARD ROCK HOTEL MEGAPOLIS, PANAMA CITY, PANAMA
A Different<br />
Kind of<br />
Vacation in<br />
PANAMA<br />
CITY<br />
BY J.B. BISSELL<br />
Although the industry has matured and evolved<br />
in countless positive ways over the course of<br />
the last few decades, the average consumer<br />
still has certain preconceived notions about<br />
what a vacation ownership property looks and<br />
feels like. So let’s be clear right from the beginning:<br />
Mega Vacations Club’s two Panama City<br />
resorts — the Mega Vacations Club at Hard<br />
Rock Hotel Megapolis and Mega Vacations<br />
Club at Radisson Decapolis — do not fit into<br />
any of those preconceived notions, no matter<br />
what they are. And that’s exactly what the<br />
company is going for.<br />
“These are our first vacation club projects,” says Roko Setka, corporate general<br />
director of Megapolis Investment Group, parent company to Mega Vacations<br />
Club. “So our goal from the very beginning was to stand out, and we thought<br />
this was a perfect time to introduce a different kind of vacation experience in this<br />
market.”<br />
Check “standing out” off the to-do list. One quick glance at the property’s<br />
description makes it clear that Mega Vacations Club is offering something completely<br />
different from their regional competitors — and quite different from most<br />
global competitors, for that matter.<br />
For starters, while the vast majority of resorts throughout Central America and<br />
Mexico are either positioned right on an idyllic beach or tucked away on some<br />
nearby bucolic hillside, the Megapolis and Decapolis — adjacent high-rises —<br />
are a prominent piece of the Panama City skyline. The “different kind of vacation<br />
experience” to which Setka is referring is a truly urban escape to Punta Paitilla,<br />
one of the most hip and happening neighborhoods in Panama’s bustling capital.<br />
Setka’s Megapolis Investment Group may be new to the vacation club<br />
business, but the company is quite familiar with the ins and outs of the local<br />
hospitality industry, and has had plenty of previous success developing various<br />
multiuse properties throughout Panama. So, the decision to pursue a timeshare<br />
product based in Punta Paitilla was a calculated one, although also a cinch.<br />
29
MEGA VACATIONS CLUB<br />
“Choosing that vicinity was easy,” recalls Setka. “It was really an<br />
extension of what we’ve already been doing for years. We’re committed<br />
to providing desirable vacation products — and not just services and<br />
places that will sell, but services and places that really do appeal to a<br />
wide range of consumers. We want buyers to be happy and like what<br />
they’ve bought.”<br />
That’s where Punta Paitilla comes in: It’s a desirable locale. All the<br />
trappings of a cosmopolitan city — restaurants and bars, cultural attractions<br />
and boutique shops, public parks and nightclubs — are nearby.<br />
As Marcos Agostini, Interval International’s senior vice president of resort<br />
sales and business development for Latin America, says, “These resorts<br />
provide owners and guests the opportunity to vacation at a very popular<br />
urban destination, and to do so while staying at an attractively branded<br />
development.”<br />
Rock and Roll<br />
Indeed, the Hard Rock brand is just as important to Setka’s vision for<br />
a different kind of experience as the urban setting. “When visitors walk<br />
into the Hard Rock Hotel Megapolis, it definitely doesn’t feel like typical<br />
vacation club accommodations,” he says. And who can argue? After all,<br />
where else would a rock ’n’ roll memorabilia collection be listed as an<br />
on-site amenity? “It is pretty cool,” Setka adds.<br />
Myriad objects are on display throughout the property, so guests<br />
may see something new around every corner. Highlights include wardrobe<br />
pieces from the likes of Beyoncé, Britney Spears, Elton John, Elvis,<br />
and Madonna, as well as a couple of guitars from Kiss and handwritten<br />
lyrics by Johnny Cash.<br />
There are more traditional amenities, too, of course. The infinity<br />
pool — complete with lounge chairs, cabanas, a dedicated waterside<br />
bar, and stunning downtown views — is a centerpiece of the property.<br />
As is the Rock Spa, where treatments range from simple facials to seaweed<br />
wraps, mud baths, and a full menu of different massage options.<br />
Speaking of menus, four restaurants provide diverse dining options,<br />
and there’s even a kids’ club so parents can feel free to take advantage<br />
of the various lounge areas and two nightclubs.<br />
In all, the Hard Rock Hotel Megapolis stretches 66 stories skyward<br />
and contains 1,266 vacation club accommodations. The 92 studios and<br />
851 one-bedroom units all are approximately 400 square feet (37 square<br />
meters). The remaining two-bedrooms are nearly twice that size. All of<br />
the rooms feature floor-to-ceiling windows, modern furnishings, and stylish<br />
decorations. And in true Hard Rock fashion, the Sound of Your Stay<br />
program allows guests to customize various in-room musical offerings<br />
when they check in.<br />
MEGA VACATIONS CLUB AT HARD ROCK HOTEL MEGAPOLIS<br />
All the trappings of a cosmopolitan<br />
city — restaurants and bars, cultural<br />
attractions and boutique shops, public<br />
parks and nightclubs — are nearby.<br />
MEGA VACATIONS CLUB AT HARD ROCK HOTEL MEGAPOLIS<br />
MEGA VACATIONS CLUB AT HARD ROCK HOTEL MEGAPOLIS<br />
Quiet Cool<br />
The Radisson Decapolis, also branded with a trusted name from the hospitality<br />
arena, might not carry quite as much swagger as the Megapolis,<br />
but it does offer something a number of potential owners are sure to<br />
appreciate. “It’s a little more mellow, a little quieter,” says Setka. “Don’t<br />
get me wrong, though, it’s still cool, but in a different way.”<br />
Admittedly, unveiling two vacation ownership projects that are literally<br />
next-door neighbors might seem a bit strange. In hindsight, however,<br />
it could prove to be a stroke of genius. “Remember, it’s the neighborhood<br />
that is so desirable,” Setka explains. “This is a premier destination<br />
within Panama City. The Hard Rock will appeal to some purchasers, the<br />
Radisson Decapolis to others. But Punta Paitilla appeals to all travelers.”<br />
30
JANUARY – MARCH 2017<br />
VACATION INDUSTRY REVIEW<br />
RESORTDEVELOPER.COM<br />
And the Radisson Decapolis should appeal to consumers who are<br />
interested in the prime city location, but would like a more easy-going<br />
version of it. Elton John, Kiss, Madonna, and other pop stars aren’t to<br />
thank for the decorations at the Decapolis. Instead, colorful Panamanian<br />
art — some by local painters — accents the up-to-date, comfortable<br />
decor. And while it’s not difficult to find a cocktail, there are no nightclubs<br />
on the premises pumping out dance-ready songs by the aforementioned<br />
performers.<br />
Still, the Decapolis is hardly devoid of top-notch amenities. Along<br />
with the 240 total units — 60 studios and 180 one-bedrooms, all of<br />
which span approximately 400 square feet (37 square meters) — there’s<br />
a beauty salon, fitness center, and gift shop, and the three restaurants<br />
serve everything from an inviting breakfast buffet to gourmet seafood to<br />
just-like-homemade pasta to fresh and flavorful sushi.<br />
Like the Megapolis, the Decapolis has a rooftop swimming pool that<br />
has become a favorite place for owners and visitors to relax. And for<br />
those looking for rejuvenation in the form of facials, massages, and fullbody<br />
treatments, the Aqua Spa is open daily.<br />
MEGA VACATIONS CLUB AT RADISSON DECAPOLIS<br />
MEGA VACATIONS CLUB AT RADISSON DECAPOLIS<br />
Self-Marketing<br />
The properties are tempting enough on their own, but throw in the enviable<br />
location, not to mention the fact that both are within easy walking<br />
distance to a movie theater complex, casino, and the Multicentro shopping<br />
mall (an associated beach club situated some 30 minutes away is<br />
also in the works), and it may seem as though the marketing would take<br />
care of itself. To some extent, that’s true.<br />
Prices for the two-week, right-to-use program start at US$9,900 and<br />
top out at US$27,900. And for now, most of the sales effort takes place<br />
on-site, to Panamanian, South American, and U.S. travelers who are<br />
already in town for either business or pleasure. “We do some local advertising,”<br />
explains Setka, “but we have so many guests who automatically<br />
are interested in the product because they’re staying with us for other<br />
reasons, that we decided to focus most of our attention on them.”<br />
And they decided to let Interval International focus on the exchange<br />
program. “Interval obviously has a stellar reputation, not just for quality<br />
resort affiliations, but for exceptional member service,” Setka says. “We<br />
felt that the Hard Rock Hotel Megapolis and Radisson Decapolis would<br />
make nice additions to their worldwide network, and that when our owners<br />
wanted to exchange, to try something new or unfamiliar, they would<br />
be in good hands and appreciate all the added leisure benefits Interval<br />
provides. It’s a great opportunity for both companies.”<br />
It also helps ensure that Mega Vacations Club’s owners are always<br />
getting what Setka envisioned for them in the first place: a different kind<br />
of vacation experience.<br />
MEGA VACATIONS CLUB AT RADISSON DECAPOLIS<br />
Mega Vacations Club<br />
FAST FACTS<br />
DEVELOPER:<br />
HEADQUARTERS:<br />
PRODUCT:<br />
RESORTS:<br />
PRICE:<br />
WEBSITE:<br />
Megapolis Investment Group<br />
Panama City, Panama<br />
Two weeks per year for 10-, 20-, and 30-year right-to-use with floating weeks and units<br />
MEGA VACATIONS CLUB AT HARD ROCK HOTEL MEGAPOLIS: 1,266 units — 92 studios,<br />
851 one-bedrooms, 323 two-bedrooms<br />
MEGA VACATIONS CLUB AT RADISSON DECAPOLIS: 240 units — 60 studios, 180 one-bedrooms<br />
US$9,900 to US$27,900 based on property, unit size, and season<br />
megavacationsclub.com<br />
31
WAYQEY HOTEL AND<br />
WAYQEY LODGE<br />
MYSTICISM<br />
AND MAGIC IN<br />
PERU’S<br />
SACRED<br />
VALLEY<br />
BY KATHY HERNANDEZ<br />
At 11,155 feet (3,400 meters) in the<br />
Andes Mountains, the city of Cusco,<br />
Peru (a 60-minute flight from Lima), is<br />
still as majestic as ever, since its days as<br />
the capital of the powerful Incan Empire.<br />
Just about an hour’s drive from Cusco<br />
is Urubamba, in the Sacred Valley of the<br />
Incas, close to the iconic ruins of Machu<br />
Picchu, the Lost City of the Incas.<br />
Betsy Sheldon<br />
bluebay2014/Deposit Photos<br />
It is here in the Cusco Region of Peru, in the last year and a half,<br />
that Comercializadora de Inversiones Sirius SAC built its Cusco<br />
city hotel and its unique lodge in Urubamba to immerse owners<br />
and guests in the local culture, spirit, and traditions of the area,<br />
unique in both the country and in the world.<br />
“Our vision right from the start was to capture the mysticism<br />
and magic of an ancient land and translate that into an authentic<br />
and pleasant experience in Cusco and Urubamba,” explains<br />
Jose Antonio Iturrizaga, CEO of Comercializadora de Inversiones<br />
Sirius SAC. “These properties were our plan of continued growth<br />
and development since affiliating our Sauce Alto Resort and<br />
Country Club in Cieneguilla, 40 minutes from Lima, with Interval<br />
International in 1998.”<br />
Culture and Comfort in Cusco<br />
The 30-unit Wayqey Hotel in Cusco, with 10 one-bedroom suites<br />
and 20 standard units, is just a short drive from the Alejandro<br />
Velasco Astete International Airport, and located a few blocks from<br />
the heart of the city’s historic center. The property is steps from the<br />
Museo Inka, the Qorikancha Temple to the Incan Sun God, and the<br />
artisan shops of the San Blas neighborhood.<br />
Each 300-square-foot (28 square meters) suite, with traditional<br />
but modern design, has a kitchenette and sitting area with a sofa<br />
bed. On-site amenities include Wi-Fi, cable TV, a 24-hour front<br />
desk, concierge service, and room service from the hotel’s restaurant<br />
and bar. After a day of sightseeing in the area, guests can relax<br />
on the seventh-floor sky room, which offers spectacular panoramic<br />
views of the city.<br />
Wayqey Hotel is within walking distance from the Plaza de<br />
Armas, the main square that is also known as the Square of the<br />
Warrior. Many important events in the history of the city occurred<br />
here, such as the proclamation by Francisco Pizarro in the conquest<br />
of Cusco in the 16th century.<br />
“At Wayqey Hotel, we want our guests to have large rooms<br />
and suites, personal attention, and all the comforts of home, even<br />
though they are in the city,” says Iturrizaga. “It is as simple and as<br />
important as that.”<br />
Immersed in the Sacred Valley<br />
Sister property Wayqey Lodge, located in the village of Urubamba,<br />
features 14 two-bedroom, three-level units with rustic local-inspired<br />
decor and classic design. Amenities include a kitchen, dining and<br />
living areas, Wi-Fi, and cable TV.<br />
Close by are the important archaeological landmarks in Písac<br />
and Ollantaytambo, where visitors catch the train to majestic Machu<br />
Picchu and witness the splendor of Old Peak, the 15th-century Inca<br />
site located 7,970 feet (2,430 meters) above sea level, and situated<br />
on a mountain ridge above the Sacred Valley of the Incas. Sliced<br />
by the Urubamba River, it is 50 miles (80 kilometers) northwest of<br />
Cusco.<br />
With traditional influences woven into their cabin design<br />
and cultural experiences in the area all around them, guests can<br />
immerse themselves in the local community.<br />
32<br />
WAYQEY LODGE, URUBAMBA
JANUARY – MARCH 2017<br />
VACATION INDUSTRY REVIEW<br />
RESORTDEVELOPER.COM<br />
MACHU PICCHU<br />
WAYQEY HOTEL, CUSCO<br />
33
WAYQEY HOTEL, CUSCO<br />
“Our Wayqey Lodge is a sanctuary for families and friends to have a<br />
unique experience and feel at home, even though they are very far from<br />
home,” Iturrizaga says. “With both our properties, we want to provide<br />
comfort and a first-class experience at the same time, while also defining<br />
the Peruvian culture and customs.”<br />
Planning for Success<br />
Promoting both hotel products and brands to national and international<br />
audiences is a priority. The company’s most successful marketing<br />
tool is its referral program, along with the use of OPCs and<br />
mini-vacations. “We want our guests to experience our excellent<br />
installations and services, and then refer their friends and others.<br />
This helps us build brand recognition and loyalty, and allows us to<br />
grow,” Iturrizaga adds.<br />
He considers Wayqey Hotel and Wayqey Lodge’s Interval<br />
International affiliation to be a huge selling point and benefit to prospective<br />
members, who will not only get to experience the Wayqey properties,<br />
but also have access to a diverse collection of resorts around the world.<br />
“We have enjoyed a productive partnership with Interval International<br />
for the last 18 years, through our first property in Lima. Now, with our<br />
growing membership, it is important that our members can literally see<br />
the world through Interval’s high-quality exchange network.”<br />
Marcos Agostini, senior vice president of Interval International’s resort<br />
sales and business development for Latin America, is equally enthusiastic<br />
about the impact that Wayqey Hotel and Wayqey Lodge have on<br />
Interval’s portfolio.<br />
“We are thrilled to add these properties to our exchange network,” he<br />
says. “Our members will now be able to visit two of Peru’s most-valued<br />
destinations and experience their magic. And with Peru enjoying a boom<br />
in tourism, growing at an annual rate of 25 percent over the past five<br />
years, we are very buoyant on the role that vacation ownership can play<br />
in the country.”<br />
Continuing the Dream<br />
The dream of providing culturally rich vacation experiences to its growing<br />
member base is flourishing for the developer, with its newest properties in<br />
the Cusco Region of Peru. While the primary market of prospective members<br />
and guests are from the U.S. and Europe, the company also has its<br />
sights on emerging markets such as Asia and Australia.<br />
According to Iturrizaga, five key elements will keep them on track in<br />
Cusco and Urubamba, as they continue their quest and set out to achieve<br />
their membership-growth goals across all markets.<br />
“First, it starts with the destination. What we build and the experience<br />
we create need to communicate where you are and how that is<br />
unique and special. Second, we then have to make sure the ambiance<br />
of our units and resort matches what guests experience in the surrounding<br />
area,” he details. “Third, we need to make sure the overall concept<br />
and those elements communicate the magic and mysticism of Peruvian<br />
culture and traditions. Then, we need to assure the high quality of our<br />
services and installations. Last, but not least, we need an excellent work<br />
team to deliver it all.”<br />
For Comercializadora de Inversiones Sirius SAC, its properties, and<br />
its members and guests, a journey of inspiration begins and ends with the<br />
mysticism and magic of an ancient land. Delivering the experience and<br />
living it are both unforgettable.<br />
Kathy Hernandez is president of Orlando, Florida–based KHA PR, a public relations and<br />
marketing communications firm. She has more than 30 years of experience in the tourism<br />
and timeshare industries.<br />
Wayqey Hotel and Wayqey Lodge<br />
Developer:<br />
Location:<br />
Product:<br />
Units:<br />
Price:<br />
Website:<br />
Comercializadora de Inversiones Sirius SAC<br />
WAYQEY HOTEL: Cusco, Peru; WAYQEY LODGE: Urubamba, Peru<br />
10-year right-to-use floating weeks<br />
WAYQEY HOTEL: 30 units; 10 one-bedrooms and 20 standard units<br />
WAYQEY LODGE: 14 two-bedrooms<br />
From US$6,000 to US$23,000<br />
wayqey.com<br />
FAST FACTS<br />
34
VACATION INDUSTRY<br />
OCTOBER – DECEMBER 2016<br />
A PUBLICATION OF ILG<br />
Phuket<br />
ASIA’S FIELD OF DREAMS<br />
IS CUBA READY<br />
FOR TIMESHARING?<br />
REACHING OUT TO<br />
TRAVELERS WITH<br />
DISABILITIES<br />
PROFILES: Angsana Vacation Club | Club Unique | Hacienda Encantada Resort & Spa | Holiday Inn Club Vacations<br />
Williamsburg Resort | Marriott Vacation Club Pulse | Vistana Signature Experiences | Welk Resort Group<br />
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RESORTDEVELOPER.COM
CLC RESORT WORLD PROFILE RESORTS & HOTELS<br />
Designing<br />
for the<br />
FUTURE<br />
Since its formation in 1984 with the opening of<br />
CLC Las Farolas Royale on Spain’s Costa del Sol,<br />
CLC World Resorts & Hotels has become one of<br />
Europe’s leading resort operators, with developments<br />
in top tourist locations spanning the globe.<br />
Building on these strong foundations, company founder and<br />
chairman Roy Peires and his board of directors have driven the company<br />
forward, delivering on the mission statement to exceed customer<br />
expectations.<br />
Recognizing that a positive customer experience from the outset<br />
is essential, CLC World Resorts & Hotels has developed sales and<br />
marketing tools to promote brand awareness and achieve the company’s<br />
targeted conversion rate of lead generations. The design and<br />
development of resorts and accommodations that appeal to its target<br />
audience and the timeshare market further ensures the achievement<br />
of the company’s goals.<br />
Signature Status<br />
Peires’ vision has always been to design to impress, from the layout<br />
of a resort with landscaped gardens, environmentally compatible buildings,<br />
and stylish interiors — all immaculately maintained — to the look<br />
and feel of the CLC World Travel Centres and the interactive multimedia<br />
sales presentation.<br />
From the moment of initial contact to the purchase and enjoyment<br />
of a CLC World product, each element of the process has been<br />
considered and designed to generate new members and heighten<br />
the customer experience.<br />
In summer 2014, CLC World introduced a new level of luxury<br />
CLC REGAL OAKS, KISSIMMEE, FLORIDA<br />
36
JANUARY – MARCH 2017<br />
VACATION INDUSTRY REVIEW<br />
RESORTDEVELOPER.COM<br />
to the product portfolio with its Santa Cruz Signature Suites at<br />
California Beach Resort in Málaga, Spain — a design that has been<br />
replicated at several CLC resorts including CLC San Diego Suites,<br />
also at California Beach Resort. Selected units were transformed to<br />
even higher levels of comfort and styling with top-quality furnishings<br />
and decor — each suite unique in design. From monogrammed<br />
linens to high-end kitchen fixtures and fittings, the suites deliver a<br />
taste of opulent living complemented by a host of amenities and<br />
facilities, from a private hot tub to dedicated concierge service.<br />
But that was just the beginning. In spring 2015, CLC World<br />
launched the CLC Signature Collection — a portfolio of apartments<br />
in Spain and on Tenerife in the Canary Islands, planned with luxury<br />
and individuality at the forefront. CLC World’s interior designer,<br />
Beatriz Lario Slavenburg, ripped up the rulebook, moving away from<br />
the uniform to the more eclectic style of a real home while maintaining<br />
the luxuriousness found at a five-star hotel. Coupled with<br />
the concierge service and personal-chef dining experiences, CLC<br />
Signature Collection is a marriage of hotel service and resort rental —<br />
services, amenities, luxury, and space, all in one package.<br />
The creation of new and exciting products and the refurbishment<br />
of existing units continues apace, taking its lead from customer<br />
feedback received directly from existing members, CLC World<br />
Travel Centres, and social media content — from sources such as<br />
TripAdvisor, Twitter, and CLC World’s own Facebook pages.<br />
CLC MONTEREY, COSTA ADEJE, TENERIFE, SPAIN<br />
CLC CASTILLO DEL REY, MIJAS-COSTA, MÁLAGA, SPAIN<br />
Website Makeover<br />
It is the CLC Experience that the company believes sets it apart — crafted<br />
with all guests in mind and offering diversity of accommodation styles<br />
and destinations, and a multitude of on-site options, whether for dining,<br />
entertainment, or activities. Sharing the CLC Experience is a key element<br />
of the company marketing strategy — to increase brand awareness with<br />
the target audience before contact is made and potential members have<br />
set foot in a CLC World Travel Centre or on a resort.<br />
Communication of the CLC Experience is conveyed primarily<br />
through the company website, the interactive sales presentation, and<br />
social media platforms.<br />
In September 2016, CLC World relaunched its website, moving<br />
from a very corporate feel that was heavy on text, to a visually driven<br />
design that clearly displays the products and their benefits.<br />
The new website pulls together all the previously disparate<br />
elements of the company and unites them under one banner that,<br />
according to Patrick Ingram, CLC World’s chief operating officer,<br />
“better showcases our products and fabulous client experience,<br />
highlighting how what we offer far surpasses our competitors.” The<br />
fresh and dynamic design has redirected the focus to the experience<br />
of vacationing at CLC World resorts.<br />
A New Blueprint for Sales<br />
The rejuvenated sales presentation known as the Electronic Sales Aid<br />
(ESA) was launched in conjunction with the website. Along with adopting<br />
the visual focus of clcworld.com, it utilizes new technology to allow for a<br />
multimedia, interactive sales experience. With the use of tablets that summon<br />
managers to the table, face-to-face contact with prospects can be<br />
maintained, making the process smoother and more customer-focused.<br />
In addition, the ESA includes a 3-D comparison of an actual CLC<br />
World unit to a standard hotel room, driving home a key component<br />
CLC SAN DIEGO SUITES AT CALIFORNIA BEACH RESORT, MIJAS-COSTA, MÁLAGA<br />
of vacation ownership: more space, luxury, amenities, and service.<br />
Furthermore, the sales teams utilize digital media instead of relying solely<br />
on brochures to sell the products.<br />
Sales efforts are also augmented by the relationship with Interval<br />
International. The exchange benefit further enhances the value of the<br />
CLC World vacation product, and the Interval-provided sales aids help<br />
convey this benefit to prospects. There’s the online Resort Directory, featuring<br />
hundreds of affiliated resorts. And Interval HD, the high-definition<br />
destination and resort videos on IntervalWorld.com, is widely used in the<br />
sales process. Based on customer information and interests, sales staff<br />
can select the most appropriate videos to show.<br />
37
CLC WORLD RESORTS & HOTELS<br />
CLC CASTILLO DEL REY<br />
Two New Travel Centres<br />
To feed the burgeoning sales pipeline and produce new leads, CLC<br />
World has opened two new CLC World Travel Centres in Manchester and<br />
Milton Keynes in the U.K. Providing the brand with greater accessibility<br />
for a wider geographical spread, the offices help bolster the company’s<br />
city-based strategy.<br />
Within these new Travel Centres, the latest developments in technology<br />
allow CLC to take customers on an interactive journey of discovery<br />
through their products. Videos on high-definition panels in reception areas<br />
establish brand identity from the outset. A small theater at the Conduit<br />
Street Travel Centre in London allows customers to fully explore the CLC<br />
CLUB LA COSTA YACHT CLUB<br />
Experience, while the ESA is shown on dedicated 32-inch screens.<br />
The success of focusing on the customer journey and experience is<br />
quite apparent from the early results from the two new CLC World Travel<br />
Centres, both easily hitting their sales targets in the first month of operation.<br />
Future Models<br />
Going forward, CLC World foresees the continued expansion of the<br />
company’s Travel Centres across the U.K., with all sites fully converted<br />
to the new digital format in early 2017.<br />
Integrated social media on clcworld.com and the continuing drive<br />
for high engagement rates across all relevant social media platforms will<br />
further enable brand awareness and enhance member interaction. Fresh<br />
content will keep the website current and interesting, with further evolutions<br />
planned for 2017.<br />
At the heart of CLC World’s designs for the future are the core values<br />
that have been the driving force behind the company since day one:<br />
namely, Peires’ mission “to deliver memorable holiday experiences serviced<br />
to standards that consistently exceed customer expectations.”<br />
With this in mind, the member website will also be redesigned in 2017<br />
to provide improved functionality and reflect the corporate website<br />
approach.<br />
CLC World is committed to continuing its design odyssey into the<br />
foreseeable future.<br />
CLC World Resorts & Hotels<br />
Developer:<br />
Headquarters:<br />
Product:<br />
Price:<br />
Resorts:<br />
Website:<br />
Club La Costa (U.K.) Plc; Roy Peires, chairman and founder<br />
U.K.; offices in Spain and U.S.<br />
Fractional Destinations Club, Fractional Property Owners Club, CLC Signature Collection,<br />
Club La Costa Yacht Club, and Canaltime<br />
Points packages raging from US$8,000 to US$80,000<br />
31 mixed-use resorts in U.S., U.K. (England and Scotland), Spain, Austria, and Turkey<br />
clcworld.com<br />
FAST FACTS<br />
38
Equiant Financial Services | 40<br />
Bank of America Visa Card | 41<br />
Meridian Financial Services | 42<br />
Entertainment Promotions | 43<br />
DG Film Company | 44<br />
Fidelity | 45<br />
Harbor Linen | 46<br />
39
Celebrating<br />
More Than<br />
30 Years<br />
of Providing<br />
Servicing<br />
Solutions<br />
Equiant Delivers<br />
Receivables Excellence<br />
Interval International ® has partnered with Equiant, a<br />
leading provider of consumer accounts receivables<br />
outsourcing, to help affiliated resorts maximize revenues,<br />
control payment cycles, satisfy staffing needs, and<br />
improve the overall performance of their businesses.<br />
Equiant’s servicing solutions combine industry expertise<br />
with a partnership approach at volume-based pricing, all<br />
while striving to exceed client expectations.<br />
Resorts that choose to participate in this Interval<br />
Affiliate Advantage can receive preferential pricing on:<br />
n Loan receivables servicing<br />
n HOA/maintenance servicing<br />
n Invoicing and payment processing<br />
n Merchant services including POS transactions<br />
n Delinquency control<br />
n Portfolio management<br />
n Platform as a Service (PAAS)<br />
n On-site transitional staffing<br />
n Document custody services<br />
n Securitization reporting<br />
n Backup reporting<br />
n Data collection analytics (BITS)<br />
n Disaster recovery plans<br />
To find out how Equiant can create a custom solution that suits<br />
your operational needs, contact Peter Moody, vice president of<br />
business development, by telephone at 480.636.4888, or by email at<br />
PMoody@equiant.com.<br />
40
The Interval International Visa Signature ®<br />
card with WorldPoints ® rewards builds<br />
brand affinity with your owners’ vacation<br />
purchase decision. Present this valuable<br />
card to prospective owners as an alternate<br />
form of payment for their unit purchase or<br />
an affordable trial ownership program. The<br />
online application process is quick and<br />
convenient, and the card is yet another<br />
perk of Interval membership.<br />
The Interval International<br />
Visa Signature ® Card<br />
With WorldPoints ® Rewards<br />
Is a Tool for Our Times<br />
When you tell your prospective owners about<br />
the Interval International Visa Signature ® card<br />
with WorldPoints ® rewards, you will be offering<br />
them a card with:<br />
■ No annual fee<br />
■ 5,000 bonus points if they make at least $500 in<br />
purchases in the first 90 days*<br />
■ 1 point for each net retail purchase dollar spent,<br />
including the vacation ownership down payment<br />
■ Points that can be redeemed for:<br />
• Interval International ® membership renewals<br />
and upgrades<br />
• Cash<br />
• Hotel, car rental, and air travel rewards<br />
• Cruise discounts and onboard credits<br />
• Gift cards from top retailers<br />
• Resort Accommodations Certificates<br />
This information is for educational purposes to be used by resort affiliates of Interval International and is not intended to be provided directly to potential applicants for a credit<br />
card. Please refer customers who wish to have more information or to apply for a credit card to Interval International. Offer is valid for U.S. citizens and residents.<br />
*Bonus Points Offer. You will qualify for 5,000 bonus points if you use your new credit card account to make any combination of Purchase transactions totaling at least $500<br />
(exclusive of any fees, returns, and adjustments) that post to your account within 90 days of the account open date.<br />
Limit one bonus points offer per new account. This one-time promotion is limited to new customers opening an account in response to this offer.<br />
Other advertised promotional bonus points offers can vary from this promotion and may not be substituted. Allow 8 to 12 weeks from qualifying<br />
for the bonus points to post to your rewards balance. The value of this reward may constitute taxable income to you. You may be issued an<br />
Internal Revenue Service Form 1099 (or other appropriate form) that reflects the value of such reward. Please consult your tax advisor, as<br />
neither we, nor our affiliates, provide tax advice.<br />
This credit card program is issued and administered by Bank of America, N.A. Visa and Visa Signature are registered trademarks of<br />
Visa International Service Association, and are used by the issuer pursuant to license from Visa U.S.A., Inc. WorldPoints, Bank of<br />
America, and Bank of America logo are registered trademarks of Bank of America Corporation. ©2017 Bank of America Corporation.<br />
To learn more about promoting this credit card to your prospective<br />
owners, contact Interval International at 866.554.8168,<br />
email WorldPoints@intervalintl.com, or visit ResortDeveloper.com.<br />
41
Meridian Financial<br />
Services = Collections<br />
at No Cost to You<br />
Meridian is a veteran of the shared ownership industry. We<br />
understand the impact of bad debt, as well as the<br />
importance of keeping your owners’ accounts current, and<br />
preserving their confidence in the purchase decision.<br />
Meridian Financial Services, an Interval Affiliate<br />
Advantage, is a sophisticated third-party collection<br />
agency able to service whole and partial portfolios.<br />
Services include:<br />
n Full-service collection agency for<br />
domestic and international clients<br />
n No-cost-to-client recovery program<br />
n Customized industry collection strategies<br />
n Credit reporting<br />
n Skiptracing<br />
n Online services<br />
n Credit and collection consulting<br />
Take Advantage of Preferential Pricing<br />
and Value-Added Benefits<br />
42<br />
To learn, at no cost, how Meridian can work for you, please contact:<br />
Greg Sheperd, president,<br />
+866.294.7120, ext. 6705; GSheperd@merid.com<br />
Zaida Smith, vice president, international sales,<br />
+866.294.7120, ext. 6747; ZSmith@merid.com
Discount<br />
Shopping Dollars<br />
POWERED BY<br />
Enhance Sales and<br />
Marketing Programs<br />
Through its long-standing relationship with<br />
Entertainment ® , Interval International ® offers preferred<br />
rates on Discount Shopping Dollars as a marketing tool.<br />
This Interval Affiliate Advantage provides a high-value sales<br />
proposition at attractive prices. The premium can be used<br />
as a purchase incentive, customer reward, or for any<br />
other sales or marketing purpose.<br />
Discount Shopping Dollars features:<br />
n Online offers that save buyers up to 90 percent on brandname<br />
merchandise, dining, and entertainment<br />
n More than 200,000 bargains<br />
n Denominations from $25 to $500<br />
n Customizable based on quantity purchased<br />
n Flexible delivery methods<br />
n The trusted brand of Entertainment ® , a recognized market<br />
leader in the discounts and promotions sector<br />
n Discount Dining Dollars also available<br />
To learn more, contact Entertainment Promotions TM at +855.554.3231<br />
or email Interval@entertainment.com.<br />
43
Keeping Resorts Competitive<br />
in the Digital Age<br />
DG Film Company, a full-service production company<br />
with more than 17 years of experience — including the<br />
creation of customized resort presentations worldwide —<br />
has joined the Interval Affiliate Advantages program.<br />
n DG Film Company offers professional film<br />
presentations that meet clients’ marketing needs<br />
while remaining within budget<br />
n Resorts are showcased in a captivating style,<br />
incorporating creative video elements that appeal to<br />
clients’ target audiences<br />
n Website videos boost Internet search results and<br />
increase the rate of viewer response<br />
For a two- to three-minute showcase video,<br />
participating resorts will receive preferential pricing on<br />
the following:<br />
n Script development, including music and narration<br />
n On-location filming of interiors, exteriors, amenities, or<br />
other aspects of the resort or destination<br />
n Interviews with resort representatives and owners<br />
n Aerial and underwater shots<br />
n Video optimization for the Internet and master DVD<br />
for in-house application<br />
Resort video footage can be included on Interval HD<br />
at IntervalWorld.com.<br />
44<br />
Sample videos can be found at dgfilmco.com.<br />
See how DG Film Company can help achieve crucial<br />
marketing goals for your resort property.<br />
Contact the company at 435.674.1133 or by email at<br />
Production@dgfilmco.com.
Trust<br />
a Proven Leader<br />
Fidelity National Timeshare provides a variety of<br />
transaction-focused services exclusively to the<br />
shared ownership industry. Led by industry veterans,<br />
this powerhouse offers decades of experience and a<br />
wealth of real-world knowledge.<br />
As an Affiliate Advantages partner,<br />
Fidelity National Timeshare offers resorts affiliated<br />
with Interval International preferential pricing* on:<br />
n Agent and escrow services<br />
n Document management<br />
n Default solutions<br />
n Inventory control<br />
n Title insurance<br />
n Trustee assistance<br />
n Merchant account processing<br />
n Accommodation recordings<br />
*Excluding pricing that is set by local, state, or federal governments.<br />
To learn more, contact Kerri Luther, national director of<br />
business development, at Timeshare@fnf.com.<br />
45
With more than 40 years as a manufacturer and<br />
distributor of institutional textiles made specifically for<br />
the hospitality industry, Harbor Linen has put together<br />
the most extensive line of bed and bath linens<br />
available today.<br />
With the power of Bed Bath & Beyond behind us, we are<br />
able to provide our customers around the globe with a<br />
quality product, shipped in a timely manner, at a very<br />
competitive price.<br />
We want to help grow your business. Here’s what we offer:<br />
n Seasoned team of hospitality experts<br />
n Nationwide and international sales force<br />
n Preferential pricing with volume discounts available to<br />
Interval International–affiliated resorts<br />
n Free freight (in the continental U.S.)<br />
n Bonded warehouse in Miami for Caribbean shipments<br />
n Distribution centers in:<br />
• New Jersey • Georgia<br />
• Missouri • California<br />
• Florida • Nevada<br />
• Panama • Mexico<br />
46<br />
To learn more, contact:<br />
Chris Rogers, vice president,<br />
800.257.7858, ext. 4459; Crogers@harborlinen.com<br />
Tammy Zarrilli, sales executive,<br />
800.257.7858, ext. 4413; Tzarrilli@harborlinen.com
PULSE<br />
Marcos Agostoni<br />
Kelly Frank Robert Gaynor Larry Gildersleeve Gene Pence<br />
Marcos Agostini has been promoted to executive vice president<br />
of business development for Interval International. In his new<br />
role, he directs worldwide resort sales and service, and Interval’s<br />
business-development initiatives. Agostini joined the company in<br />
1993 and has held positions of increasing responsibilities. Most<br />
recently, he was vice president of resort sales and business development<br />
for Latin America.<br />
Kelly Frank has been appointed to the new role of chief human<br />
resources officer for ILG. In this position, she oversees company-wide<br />
HR strategy for the 10,000-plus employees. Frank comes to ILG<br />
from Starwood Hotels & Resorts Worldwide, where she served as<br />
senior vice president of HR for the Americas. She has also worked for<br />
The Walt Disney Company. Frank holds a master’s degree in business<br />
administration from Rollins College in Winter Park, Florida.<br />
Robert Gaynor has been promoted to senior vice president of enterprise<br />
technology for ILG. He joined the company in 2007 as vice<br />
president of technology services and since that time, he’s been<br />
responsible for the technology infrastructure, networks, data-center<br />
operations, end-user computing, and business continuity for VRI/TPI,<br />
HVO, Aqua-Aston, and Interval International.<br />
Larry Gildersleeve, founder and CEO of Gildersleeve Partners LLC,<br />
has published his first novel, Dancing Alone Without Music. Amazon<br />
awarded the book its best-seller designation in three categories. The<br />
novel reached No. 5 nationwide in the inspirational fiction category.<br />
Gildersleeve directs activities of Customized Solutions, a division of<br />
Gildersleeve Partners, and serves as a resort industry consultant.<br />
Gene Pence has been promoted to senior vice president of application<br />
systems for ILG’s property management companies. He has responsibility<br />
for defining the application-technology strategy and vision, and<br />
directing the evaluation, acquisition, and implementation of application<br />
technologies and services. Pence joined Interval in 1995, and has held<br />
several positions in IT and other business areas.<br />
Take flight.<br />
We provide unique,<br />
nimble solutions<br />
for everything your<br />
project needs.<br />
Big<br />
happy family.<br />
Alamo.<br />
Chicago.<br />
Commonwealth.<br />
Fidelity.<br />
Four brands. One<br />
company.<br />
Top that.<br />
Title, escrow,<br />
foreclosures,<br />
trustee services.<br />
We do it all.<br />
How you roll.<br />
Agency?<br />
Direct?<br />
We roll how<br />
you roll.<br />
TIMESHARE<br />
Take a look at the whole picture.<br />
You don’t want just anyone<br />
handling your timeshare transactions.<br />
Fidelity National Timeshare We’ve got you covered.<br />
timeshare@fnf.com | www.fidelitytimeshare.com<br />
47
The Mayflower<br />
Hotel, Autograph<br />
Collection,<br />
a Marriott<br />
International<br />
hotel in<br />
Washington, D.C.<br />
Sergio Rivera<br />
David Valdes<br />
Sergio Rivera has been named president and CEO of the vacation<br />
ownership operating segment of ILG. His responsibilities include leading<br />
the vacation ownership activity for Vistana TM Signature Experiences,<br />
as well as for Hyatt Vacation Ownership. Rivera was most recently president<br />
of the Americas for Starwood Hotels & Resorts Worldwide. He<br />
also served as president and CEO of Starwood Vacation Ownership<br />
(now Vistana Signature Experiences), and has more than 25 years of<br />
experience in real estate development and finance, design, operations,<br />
consumer marketing and sales, and brand development.<br />
David Valdes has been promoted to senior vice president of application<br />
systems for Interval International. He is responsible for directing<br />
all aspects of the systems development life cycle, including project<br />
management, business analysis, application architecture, design,<br />
coding, and quality assurance for all in-house-developed and thirdparty<br />
applications. Valdes has been with Interval for 29 years.<br />
MARRIOTT ACQUISITION CREATES<br />
WORLD’S LARGEST HOTEL COMPANY<br />
Marriott International, Inc. completed its US$13 billion acquisition<br />
of Starwood Hotels & Resorts Worldwide in September 2016,<br />
creating the world’s largest hotel company. The merger with<br />
Starwood increases Marriott’s portfolio of brands from 19 to<br />
30, and results in more than 5,700 hotels, amounting to 1.1<br />
million rooms, in over 110 countries. This acquisition has more<br />
than doubled Marriott’s distribution in Asia and the Middle East<br />
and Africa combined.<br />
“With the addition of Starwood’s strong brands, great properties,<br />
and talented people, we have dramatically expanded our<br />
ability to provide the best experiences to our customers,” notes<br />
J.W. Marriott Jr., executive chairman and chairman of the board of<br />
Marriott International. “We also welcome the tremendous responsibility<br />
as the world’s largest hotel company to be a good global<br />
steward, providing new opportunities for our associates and<br />
building the economic strength of the communities we call home.”<br />
FIRST AMERICAN TITLE<br />
VACATION OWNERSHIP SERVICES<br />
With four offices dedicated<br />
solely to Vacation Ownership,<br />
First American Title is a trusted<br />
leader in the industry, providing<br />
the services you need and the<br />
support you can count on.<br />
ESCROW & CLOSING<br />
TITLE & UNDERWRITING<br />
TECHNOLOGY<br />
FORECLOSURE SERVICES<br />
BUSINESS DEVELOPMENT CONTACTS<br />
Jennifer Munoz | 702.808.3148 Mike Dalberth | 702.539.6862<br />
Ginger Matsukawa | 702.277.8409 Kathy Mizusawa | 808.368.7480<br />
Julie Thompson | 407.739.2541<br />
HONOLULU<br />
1132 Bishop Street,<br />
Suite 1830<br />
Honolulu, HI 96814<br />
O: 808.539.7504<br />
Lisa Redell<br />
D: 808.539.5098<br />
LAS VEGAS<br />
400 S. Rampart<br />
Blvd., Suite 290<br />
Las Vegas, NV 89145<br />
O: 702.792.6863<br />
J.R. Albrecht<br />
D: 702.304.7514<br />
ORLANDO<br />
400 International<br />
Parkway, Suite 380<br />
Lake Mary, FL 32746<br />
O: 407.754.1320<br />
Nicole Jackson<br />
D: 407.754.1323<br />
SAN DIEGO<br />
277 Rancheros<br />
Drive, Suite 180<br />
San Marcos, CA 92069<br />
O: 760.916.1001<br />
Cina Pearo<br />
D: 760.916.1010<br />
EXECUTIVE TEAM<br />
Wayne Sobien, SVP<br />
Cleiby Jarukaruta, VP of Operations<br />
O: 407.754.1320 | C: 407.312.6313 O: 702.304.7543 | C: 702.376.8372<br />
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MARK YOUR<br />
CALENDAR!<br />
OCTOBER<br />
23 – 25 | 2017<br />
The 19th annual International Shared Ownership<br />
Investment Conference<br />
O C T O B E R<br />
23 24 25<br />
AT THE<br />
For sponsorship and conference information, visit SharedOwnershipInvestment.com.