Resort Operation and Revenue Generation

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June 6, 2019

Excerpted from Motion Made by Lord Craig of Radley,

House of Lords at 7:19 pm on 4th June 2019...

D-day: 75th Anniversary - Motion to Take Note

My Lords, it is fitting to remember the 75th anniversary of D-day, not just because it was an amazing feat of arms by the allied forces involved but because it gives the nation a chance to honour those still alive who fought at the time, and to remember with everlasting gratitude the thousands who lost their lives making the supreme sacrifice or who have since died, some facing and coping with life-changing injuries.

It is sobering to realise that the deaths and casualties on each side were in the many thousands, each one a deeply personal tragedy for a family, a fiancée or a girlfriend. War is a brutal endeavour, no less so now than in years gone by. "

Resort Operations, Revenue Generation --

Time For A Reality Check?

By Carrington Junior, Resort Data Processing

In the resort industry it is often a question of "heads in beds" or ADR (Average Daily Rate) that seem to consume conversations about Year-Over-Year goals and new projects. The reality is that diversification should be at the apex of your focus. When we think about milking a current revenue stream for all its worth, the issue is not how much you can get from it, it is rather sustainability.

At some point every service can evolve to leave guests with a "nickel and dime" taste in their mouth. The key is to never push that boundary. where does this line reside? As I'm sure most of you know it varies in almost every case and almost every consumer is different. So, what can we do to not only define how much revenue we should be asking for the customer experience but expand that number with humble intentions, fully considering the product a resort provides is more experiential than simply a place to stay.

READ MORE.

ARDA CEO and President Jason Gamel

ARDA Notes Timeshare Development Growth in Sales

President Jason Gamel says, "[Association]...members continue to evolve their product...."

The U.S. timeshare industry witnessed its ninth consecutive year of growth in 2018, according to the State of the Vacation Timeshare Industry: United States Study 2019 Edition, conducted by EY for the ARDA International Foundation (AIF)....

Sales volume rose from $9.6 billion in 2017 to $10.2 billion in 2018, nearly a seven percent increase and more than 26 percent increase since 2014 - an average of 6 percent annually. Rental revenue increased from $2.3 billion in 2017 to $2.4 billion in 2018.... There were 1,580 timeshare resorts in the United States in 2018, representing approximately 204,100 units.