An exhaustive research report detailing the fractional development industry for 2009.
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Archive for March, 2010
Reve Orange of Costa Rica Selects FractionalExchange.com for Exchange
March 25th, 2010FractionalExchange.com® has announced that Reve Orange of Costa Rica has selected FractionalExchange.com for the vacation exchange requirements of its members. Reve Orange is a French expression meaning “Orange Dream” and serves as the descriptive title of a gated 25-condominium unit, master planned community on Costa Rica’s west coast. Located northwest of San Jose by a one-hour drive and one-hour ferry ride to the Nicoya Peninsula, the area is declared by worldwide scientists as an official Blue Zone, or geographical location with the highest population of people living past 100 years of age. The wild hues of orange and red that cascade across the Gulf of Nicoya with each sunset and sunrise coined the area as Playa Naranjo or “Orange Beach”.
Austria Haus of Vail, Colorado selects FractionalExchange.com for exchange requirements
March 15th, 2010March 15, 2010 (Bend, Oregon) – FractionalExchange.com has announced that the Austria Haus Club of Vail, Colorado has selected FractionalExchange.com for the vacation exchange requirements of its members. The Austria Haus joins Rocky Mountain resorts The Hemingways, The Deer Valley Club, The Teton Club and Vail Mountain Lodge in affiliating with FractionalExchange.com The Austria Haus Club was established in 1998 and is located along Gore Creek, just next to Vail’s famous Covered Bridge. Their prime location provides convenient access to all the amenities in Vail Village, as well as quick access to the Vista Bahn chairlift at Vail Mountain.
Fractional: Best bet for holding long-term value. Smart Money, March 9, 2010
March 9th, 2010Music to our ears: “To better compete, many fractional developments are bulking up their location-swapping programs; some 65 percent now allow members to access some type of exchange, up from 25 percent seven or eight years ago, according to consultancy Ragatz Associates.”
Eighth is enough. The Spokesman-Review, Spokane, WA March 7, 2010
March 8th, 2010New vacation homes are being built slope-side at Schweitzer Mountain Resort, with three bedrooms, 3 ½ bathrooms, large decks and picture windows offering dramatic views of Lake Pend Oreille, all beckoning the discerning buyer.
These million-dollar homes are going for only $195,000.
That’s per share. A one-eighth share to be exact.
http://www.spokesman.com/stories/2010/mar/07/eighth-is-enough/
Sales of fractional ownership residences surpass full-ownership in Aspen
March 2nd, 2010The Aspen Times reported that fractional ownership sales in 2009 buoyed real estate sales in Pitkin County, Colorado (Aspen). For the first time in 2009, luxury fractionals actually surpassed high-end luxury home sales by a 20 percent margin.