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Appendix 3 - Major Timeshare industry participants
Promoters/developers
Accor
Premier Vacation Club (APVC)—In
conjunction with Becton, Accor launched APVC in November 2000. It has timeshare
facilities in eight properties in Australia, one in New Zealand and 38
additional resorts and hotels around the Asia Pacific region. It is affiliated
with Interval International. Turnover in 2003 was estimated at $40 million.
Major properties in
Australia include:
- Novotel
Pacific Bay Resort, Coffs Harbour
- Novotel
Palm Cove Resort, Cairns
- Novotel
Twin Waters Resort, Sunshine Coast
- Mercure
Grand Apartments, Darling Harbour
- Mercure
Grand Hotel, Bowral
- Heritage
Park, Bowral
- Mercure
Grand Hotel, Flinders Lane, Melbourne
Flexi
Point Holidays Limited—Flexi-Point
Holidays is affiliated with RCI and offers holidays at more than 3 000 resorts
across the globe.
Holiday
Concepts Management—Established
in 1984, Holiday Concepts offers timeshare ownership in around 15 resorts
within Australia.
Trendwest
South Pacific Pty Limited—Commenced
marketing their first property in the
South Pacific (Fiji) in June 2000 and their first Australian property in
January 2001. Owned by US-based Trendwest Resorts (in turn owned by Cendant
Corporation) Trendwest South Pacific has over 13,000 owners. At 2002 Trendwest had access to 220 apartments
in 8 resorts across Australia and Fiji. Trendwest timeshare owners can also use
their credits for a range of other travel services including airfares, car
hire, hotels, day tours and cruises.
Trendwest South
Pacific generates revenue of $90–100 million each year and has generated market
recognition through sports sponsorship. Trendwest has apartments in the
following Australian properties:
- Trinity
Links Apartments, Cairns
- All
Seasons Premier Pacific Bay Resort, Coffs Harbour
- Calypso
Plaza Resort, Coolangatta
- WorldMark
Golden Beach Resort, Caloundra
- WorldMark
Kirra Beach, Gold Coast
- Northpoint
Apartments, Port Macquarie
- Horizons
Golf Resort, Port Stephens
Exchange companies
RCI
(Resorts Condominiums International)—Owned by Cendant Corporation, RCI is reputed to be the world’s leading
timeshare exchange company, offering exchange holidays in approximately 3,700
resorts in nearly 100 countries. Ninety three of these resorts are in
Australia.
Interchange
Timeshare—Covering New
Zealand and Australia, Interchange offers holiday exchanges with 57 resorts in
Queensland, New South Wales, Victoria,
Tasmania, South and Western Australia.
Dial
an Exchange—Dial an Exchange
is an independent exchange company with access to 50 timeshare resorts in
Australia.
Interval International—Interval International has a global network of 2,000 resorts in 75
countries. Represented by Vacation Management Limited in the South Pacific, it
offers a selection of exchange options with 32 hotels and resorts located in
Australia.
Resorts
Many timeshare
resorts, particularly those managed by hotel operators, are mixed use
developments offering hotel rooms and timeshare units. These developments
benefit from shared amenities including bars, restaurants and recreational
facilities, staff, management as well as the flexibility to use timeshare units
for casual guests. It is difficult to determine how many resorts are involved
in timeshare in Australia however internet searches confirm over 90
participants.
*Source: 'Timeshare in Australia', FocusOn, Jones De LaSalle Hotels, www.joneslanglasallehotels.com
(accessed 12 December 2004).
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