I recently returned from one "conference" and one "convention". I'm still trying to figure out the difference between a conference and a convention.
I was pleased to be asked to represent Aviawest at the 11th Annual Ragatz Fractional Interest Conference in San Francisco, March 14-16th. Aviawest was selected as a "top performer" in the Fractional industry, for our sales success at Parkside Victoria Resort & Spa and Pacific Shores Resort & Spa in 2010.
I spoke on the top performers panel with Larry Shulman from the Aspen Grand Hyatt, Joshua Dempsey of Calistoga Ranch, and Keith Marlow of One Steamboat Place.
The Ragatz conference tone could be summed up as cautiously optimistic. Here's what the executive summary stated:
It is widely felt in the resort real estate industry that shared-ownership resort real estate will rebound more rapidly and more strongly than whole-ownership resort real estate as the country’s economy recovers. Reasons include being a concept that is based on:
(1) personal use rather than speculation;
(2) being able to purchase only the amount of time that have vacations to use and discretionary income to spend on;
(3) lowering household spending habits and capabilities;
(4) being hassle-free, i.e., “show up and enjoy;” and
(5) the opportunity for flexibility and variety of use due to the external exchange process.
- Courtesy http://www.ragatzassociates.com - full report available for purchase.
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