Baccarat Residences Shanghai Selects The TimeShareWare Advanced Technology Platform

September 10, 2009 by Perspective Magazine | Timeshare & Fractional Reviews

Baccarat Residences, part of Baccarat Hotels and Resorts and Starwood Capital Group, has partnered with TimeShareWare to provide the technology platform and property management software for its Shanghai Residences property. CondotelWare, the industry leading software solution developed by TimeShareWare, will be used for property management and owner accounting functionality at the 308 unit property.

The sophisticated TimeShareWare platform has been developed using the latest technology advances and can be accessed and leveraged world-wide using state-of-the-art web services. The CondotelWare application is the first and only software of its kind to be fully localized and delivered in the Chinese language. All users can access and utilize the application in their local language, currency, and regional preferences. Because of the true internationalization of the platform, all TimeShareWare applications, modules, add-ons, and business intelligence tools can be made available in local languages and currencies throughout the world.

Allen Rice, Chief Marketing Officer of TimeShareWare, said, “We are pleased to be working with such a prestigious organization as Baccarat Residences and Starwood Capital Group. This project gives us the opportunity to showcase how well our platform and products can accommodate all types of resorts around the world. Our CondotelWare software is being delivered to Baccarat Residences in their local Chinese language and currency. The users have been thrilled to see all the screens and reports in Chinese. From our perspective, this project validates the superior technology provided by our platform, coupled with the strength of our Client relationships.”

About Baccarat Hotels and Resorts

Baccarat Residences, Shanghai is Starwood Capital Group’s flagship luxury-branded residential complex in Asia and China. Located in Shanghai’s famous lifestyle district of Xintiandi, its residents enjoy the centuries-old and timeless quality that is synonymous with the Baccarat brand.

Baccarat Hotels and Resorts are a five-star luxury hotel brand inspired by the iconic status of Baccarat, which is 86% owned by Starwood Capital Group and is one of the most prestigious crystal manufacturers worldwide.

The Baccarat Residences, Shanghai is designed to exacting standards and draws upon the rich history of the crystal brand to deliver a distinctly personalized experience including a signature Baccarat chandelier in the lobby, a “crystal tea room,” and a wine room featuring an 8-metre table based on a piece at the Maison Baccarat in Paris.

Residents of Baccarat Residences, Shanghai can enjoy a host of services and amenities ranging from house-keeping, room service, 24-hour concierge, spa and health club facilities, chauffeur driven Rolls Royce, private butlers, and extensive property maintenance.

For more on Baccarat Residences, please visit their websites at www.baccaratresidences.com or www.baccarathotels.com.

About TimeShareWare & CondotelWare:
TimeShareWare provides the most advanced resort technology in the industry and has created a state-of-the-art software platform to provide best-of-breed, superior software solutions to shared-ownership, mixed use resorts around the world. Since 1993, TimeShareWare serves all sizes and types of vacation ownership associations, fractional ownership properties, and timeshare resorts including multi-site, single-site, and points-based clubs. The advanced technology provides critical functionality to the Vacation Ownership, Vacation Club, and Vacation Rentals industries. The TimeShareWare software platform includes solutions for lead and tour management, contract processing, sales and marketing, owner accounting, loan servicing, property management, reservations, and web-based owner servicing.

CondotelWare is the first full-service software solution designed specifically for condominium residences and hotels. The software helps owners and operators master all aspects of condo-hotel/residence management and administration, including owner accounting, billing, rental rotation, inventory management, reservations, owner relations, reporting, and more.


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