Timeshare Trends Blog

Palheiro Village has received international recognition after being judged “Best Development” and “Best Fractional Ownership Scheme – Silver” in the Homes Overseas Awards.

The winners of the highly coveted Homes Overseas Awards were announced at a dinner and awards ceremony at the Grosvenor House Hotel in London. The Palheiro Village is comprised of 79 luxury apartments and villas with spectacular sea views over the Atlantic Ocean, forming part of the Palheiro Estate, a haven for those seeking peace and relaxation, surrounded by the lushness of Madeira’s vegetation, nature and scenery, yet only 15 minutes from the vibrant city of Funchal, the birthplace of Manchester United Midfielder Cristiano Ronaldo.

Winding its way through the property is Palheiro Golf, which is comprised of an 18-hole golf course, golf academy and elegant clubhouse. It’s a challenging golf course incorporating the characteristic Madeiran hills, ridges and deep valleys and reflecting the elegance and serenity of the surroundings. The clubhouse offers a relaxing ambience with an excellent all-day menu and breathtaking views over Funchal Bay.

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The NYU Hospitality Industry Investment Conference revealed that this was the year that timeshare sales contracted in their roughly 35 year history, an executive for Group RCI, a subsidiary of Wyndham stated. However, there are glimmers of hope. Many of the potential buyers of vacation homes, after having been hammered by the economy, are now beginning to turn to timeshares. However, this new pool of buyer will require down payments of between 25% and 30% of the purchase price.

Even in these difficult economic times, customers continue to pay their mortgages and maintenance. Customers believe that they must protect their investment in their property, which can exceed $24,000.

The resorts are watching their expenses closely. However, they do not want cost cutting to impact the customer’s experience. They do not want the customer to experience long lines for check in or cold swimming pools. One the chopping block is the 40% of costs spent on marketing.

Resort executives believe that we have seen the bottom, and that in the future there will be more resorts built. Those resorts will be more austere, and will have less in the way of amenities and luxury features like granite kitchens and stainless steel espresso machines.

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Italian Villaggio Cala La Luna is situated on the small island of Favignana just off the west coast of Sicily, Italy.

The development, which was completed in May 2008 is comprised of 70 units, with a mix of studios, one and two- bedroom units out of which 58 are allocated as timeshares.

The resort features an outdoor pool, restaurant and live entertainment. It is also within walking distance of the harbor where fresh lobster and octopus can be bought every morning.

The island offers a wide range of leisure activities including diving, deep-sea fishing, shopping, nightlife and good food. Sailing is also a major attraction and Favignana hosted the America’s Cup in 2008.

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Hawaii is the favorite location for honeymoon couples.

Modern Bride Magazine has recently published the results of its recent travel agent poll determining the favorite and best locations for honeymoon couples.

Hawaii ranked number one, and in order of popularity, it was followed by Italy, Tahiti, Anguilla, Fiji, St. Lucia, Mexico, St. Barts, Jamaica, and France.

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