World’s largest vacation exchange company continues to grow stronger, offering more
value to affiliates

Demonstrating that vacation exchange remains a bright spot in the travel industry, RCI, the global leader in vacation exchange and one of the Wyndham Worldwide family of brands (NYSE: WYN), announced that it added more than 100 new resorts, including 10 properties under development, to the world’s largest vacation exchange network.

Several of the industry’s most powerful and well-renowned brands and their properties were added to RCI’s system in 2009, including the Disney Vacation Club, Fairmont Properties in Canada and Palace Vacation Club in Malaysia.

“Developers understand the importance of working with a quality exchange company that helps them increase sales and lower marketing costs, especially in today’s economy,” said Geoff Ballotti, CEO, RCI. “RCI’s ongoing commitment to providing the most innovative marketing services and solutions has helped us attract high quality new affiliates as never before, and enabled us to continue to grow our membership base.”

After 35 years, RCI continues to be the leader and innovator in the industry, first to market with fresh, new and unique marketing and technology ideas that provide added value for affiliates and improve the member experience. Its legacy of innovation rests on making many “firsts” happen – RCI was the first to launch weeks exchange, the first to offer points exchange, and the first to implement high-end luxury exchange.

In 2008, RCI committed to spending tens of millions of dollars over a three-year period to develop and execute a series of online technology, product and service enhancements that are improving the exchange experience for its subscribing members around the world. In 2009 with the growing popularity of online video, RCI recognized a unique opportunity to use this medium as a marketing tool for its members and prospective timeshare buyers. An online video network available only on RCI.com, RCI® TV offers a broad selection of entertaining and educational content about RCI, its products and services, as well as travel and resort information. The network is designed to help owners get the most out of their RCI subscribing membership and make vacation planning more fun while also introducing new prospects to the benefits of vacation ownership.

Response to RCI TV from both members and affiliates has exceeded expectations with over 100 videos uploaded, including 80 Resort Showcases, and more high-definition video being added on a regular basis to RCI.com. Web share, or the percentage of exchange and rentals transacted online, has increased from 13 percent in the fourth quarter of 2008 to 24 percent in the fourth quarter of 2009. In the last 10 weeks alone, the non-member site has already received over 265,000 visits and the member site has received over 100,000 visits. With developers able to feature their properties, and millions of visitors able to watch RCI-affiliated resorts come to life on the Resort Showcase channel, this tool is already driving greater exchange activity and helping to increase occupancy for RCI-affiliated resorts. To promote the site and help drive increased traffic from newcomers, RCI is investing heavily in advertising and search engine optimization efforts. This includes three commercials currently airing on Resort & Residence TV, a new travel and real estate cable channel which is available to 27 million viewers.

RCI has vastly improved its marketing infrastructure, allowing RCI to showcase more resort photos of its affiliates with higher picture quality, as well as videos and floor plans. This effort supports a recent member survey where respondents ranked “more and bigger resort photos” as the number one feature desired to help them plan or choose a vacation.

Like the Resort Showcase channel on RCI TV, new system capabilities help affiliates better promote their properties and drive higher occupancy.

“We are constantly working to develop new and exceptional marketing and technology ideas that benefit our affiliates and improve the member experience,” added Ballotti. “It’s what our affiliates and members have come to expect from RCI and it’s what we plan to continue to deliver.”

About RCI
RCI is part of Wyndham Exchange and Rentals, the worldwide leader in vacation exchange and the European leader in vacation rentals, with exclusive access for specified periods to more than 65,000 vacation properties in approximately 100 countries.

Wyndham Exchange and Rentals is comprised of vacation exchange, including RCI, the worldwide leader in vacation exchange and provider of travel services to businesses and consumers and The Registry Collection Ò program, the world’s largest luxury exchange program; vacation rentals, including Endless Vacation RentalsÒ, Landal GreenParks®, Novasol®, and other renowned vacation rental brands, through which vacationers can rent a variety of property types, from city apartments to villas; and NorthCourse® Leisure
Real Estate Solutions, a research and consultancy firm providing advisory services to the global leisure real estate industry. Wyndham Worldwide Corporation is one of the world’s largest hospitality companies with leading brands in lodging franchising, vacation ownership, vacation rentals and vacation exchange.

For additional information visit www.wyndhamer.com or the media center of www.wyndhamworldwide.com.

PerspectiveForums.com reports more than 2,000 friend requests served in first two weeks.

Perspective Magazine, the shared ownership industry’s leading trade publication recently launched the first standalone social networking platform dedicated to the timeshare and fractional ownership industry, combining the most popular features of Facebook, Twitter and LinkedIn all on one website.

From initial promotion only, the site has already attracted in excess of 600 registered users, who have generated more than 75,000 page views and issued more than 2,000 friend requests over the past fortnight, with word of mouth now growing the site exponentially each day.

The site was created to encourage timeshare and fractional developers, marketers and suppliers to network more efficiently, thereby creating opportunities for new collaborations, strategic partnerships and extending client portfolios.

What makes this site standout, apart from its vast array of features, is its leverage of Perspective Magazine’s readership which exceeds 22,000 registered industry professionals around the globe who are currently being invited to register free on the website.

“We’ve had a lot of feedback from users of the website, all of it positive and it has started well, but there are still quite a few additional features to roll out yet – such as an iPhone App, but due to the complexity of the site we have a few weeks still to wait for this. The marketing for the site has only just started – by the end of March we expect to have the largest social media group of industry professionals available online, and then we’ll only be at about 10% of the expected number of registered users for the coming months.” Said Paul Mattimoe, President & CEO of Perspective International.

To join Perspective Forums simply visit www.perspectiveforums.com

For more information about Perspective Magazine (Trade), Owners Perspective Magazine (Consumer) and advertising and editorial opportunities visit www.perspectiverates.com

A website dedicated to the recruiting of professional sales executives for the purpose of fractional property sales was launched in test mode back in August 2009, and now after detailed scrutiny of the quality of applications received via the website and after reaching the No.1 spot on Google.com for the search term “fractional jobs”, www.fractionalstaff.com will officially launch next week aimed at providing a reliable service with high returns for advertisers of fractional job vacancies.

Recent months have shown that fractional property developers are increasing but their success with property agents is not producing the results originally hoped for, and so many are enquiring about the availability of dedicated sales teams – something that FractionalStaff.com has concentrating on for the past 7 months.

Fractional Staff is another service from the Perspective group of companies who publish the leading shared ownership industry magazines for both the trade and consumers and so its widest reach both online and offline ensures that it will attract the most suitable candidates that are new to the industry as well as the best sales professionals from within the industry worldwide.

Introductory advertising rates start from as little as £199 per month with added value across the network of Perspective websites and titles available on selected packages.

For more information email advertising@perspectiveinternational.com or call +44 191 250 3501 (UK) or  +1 407 792 2343

Industry Leader Partners with The Americas Group to Help Reach More Prospective Members

Exclusive Resorts, the world’s leading luxury destination club, today announced it is working with the prestigious consulting firm The Americas Group to increase awareness of its unique membership offerings among affluent families in Latin America.

A private club with Revolution LLC Founder and AOL Co-Founder Steve Case as its Chairman, Exclusive Resorts offers members access to a portfolio of hundreds of luxury residences in dozens of the most desirable vacation destinations in the world. Members also enjoy distinctive personalized service on every trip, access to world-class resort amenities such as private beach clubs and spas, and a welcoming community of fellow successful members and their families.

As the clear leader in the destination club market, Exclusive Resorts has exceeded 90% in member satisfaction with club travel for seven consecutive years. Current club destinations include Peninsula Papagayo, Costa Rica; Grand Cayman, Cayman Islands; Puerto Vallarta and Los Cabos, Mexico; Miami, Florida; New York, New York; London; and Paris, among many other luxury destinations.

Exclusive Resorts membership is structured similarly to a country club, requiring a one-time Membership Fee (75% refundable) and Annual Dues. Flexible membership plans allow members to choose how many days per year they want to travel with the club, from 10 days up to 60 days per year. All members enjoy access to the club’s entire portfolio of luxury residences. With a current Annual Dues rate of $995 (US) per day, Exclusive Resorts membership offers great luxury, flexibility and value to affluent travelers in Latin America.

With 38 years of deep involvement and ongoing presence in Central and South America, paired with a comprehensive understanding of the preferences of affluent travelers from the region, The Americas Group will provide strategic assistance to Exclusive Resorts’ program to reach greater numbers of prospective members in Latin America. The Americas Group brings a team of world-class experts, as well as a Board of Advisors with unprecedented experience and standing in the region. Board members include former President of Costa Rica José María Figueres, former President of Colombia Andrés Pastrana Arango, former United States Senator Bob Kerrey, former Brazilian Ambassador to the United States and Court of St. James Rubens Antonio Barbosa, and former U.S. Ambassador to Mexico Jeffrey Davidow.

“The Americas Group is the pre-eminent U.S.-based consulting and marketing firm focused on Latin America, with unmatched credibility,” said Jeff Potter, Chief Executive Officer of Exclusive Resorts. “We are excited to begin leveraging their deep expertise in the region, to create efficient channels for adding new club members throughout Latin America.”

“Exclusive Resorts has set the standard for the luxury destination club space for seven years, creating a unique way for families and friends to travel together using elegant multi-room villas and cosmopolitan residences that is simply better than any alternative,” said Howard Glicken, Founder, Chairman and Chief Executive Officer of The Americas Group. “We look forward to working with them to showcase their outstanding destinations, service and amenities in this exciting market.”

About Exclusive Resorts
“There’s No Place Like Together.” The world’s leading luxury destination club, Exclusive Resorts is committed to providing its members with rich and rewarding vacations shared with family and friends. Exclusive Resorts combines the best of luxury resorts with the spaciousness and elegance of private residences, offering its members hundreds of homes in dozens of the most sought-after vacation destinations, along with access to world-class resort amenities and exceptional personalized service. Additionally, the club offers its members a variety of unique, private Once in a Lifetime experiences, taking them to fascinating destinations in more than 25 countries on all seven continents. Exclusive Resorts has delivered more than 100,000 vacations to its more than 3,000 members, and has a real estate portfolio valued at over $1 billion. The Denver-based club was founded in 2002 and began providing vacations in 2003. For more information, visit www.exclusiveresorts.com, call (800) 447-8988, and follow Exclusive Resorts on Facebook and Twitter.

About The Americas Group
The Americas Group (“TAG”) is a consulting, marketing and merchant banking firm focusing its activities on Latin America, Mexico and the Caribbean. The Company develops Latin American market entry strategies for U.S. companies and United States market entry strategies for Latin American companies, and then assists them in executing the strategies through a variety of business arrangements, including partnerships with TAG. For more information, visit www.theamericasgroup.net.

Dominican Republic and Canary Island resorts become part of elite group

Sol Meliá Vacation Club (SMVC), an international vacation membership club with locations in the Caribbean, Mexico, Central America and Europe, has joined The Registry Collection®, the world’s largest luxury exchange program including luxury fractional, whole ownership, private residence club, high-end timeshare, villas and manors, luxury cruises, yachts and private jets.   Sol Meliá Vacation Club at The Reserve at Palma Real and The Reserve at Paradisus Punta Cana, both in Punta Cana, Dominican Republic, and Sol Meliá Vacation Club at Gran Meliá Palacio de Isora in Tenerife, Canary Islands, Spain, now have the prestigious “by invitation only” affiliation with The Registry Collection.
“It’s an honor for us to have these three distinguished resorts meet the high standards of affiliation with The Registry Collection,” said Denis Ebrill, Sol Meliá Vacation Club’s Executive Vice President. “We also are very excited that its gives our Members access to high-end exchange experiences within an elite portfolio.

Sol Meliá Vacation Club is an internationally-branded membership club focusing on leisure lifestyle experiences that include exotic destinations, designer-appointed luxury suites, exclusive services and unforgettable amenities.  Each Sol Meliá Vacation Club vacation experience is different from the other, aligned with local culture and customized to fit Members’ leisure lifestyle needs.

Orlando, Florida based Sol Meliá Vacation Club is part of Spain-based Sol Meliá Hotels & Resorts, a 50-year-old international hospitality company with over 350 hotels in 30 countries on five continents.  Sol Meliá Vacation Club Members have more vacation lifestyle options through global luxury accommodations in a variety of unique resort and urban destinations around the world, as well as flexibility to choose length of stay, season and size of unit.  Featured Sol Meliá Vacation Club locations include Cancun, Cozumel and Puerto Vallarta in Mexico; Puerto Rico and Punta Cana, Dominican Republic in the Caribbean; Panama in Central America; and the Canary Islands, Spain, in Europe.  For more information, call 866-379-5950, or visit www.smvc.com.

Lifestyle Holidays Vacation Club (LHVC), located in Puerto Plata on the North Coast of the Dominican Republic, has announced the opening of Jazz, a French Fusion restaurant and Bourbon Street, an outdoor café and bar, exclusively for members and guests staying in the Presidential Suites by Lifestyle and Executive Spa Suites by Lifestyle, located adjacent to Lifestyle Holidays Vacation Resort.  The restaurant serves upscale French cuisine with an authentic Cajun and Creole flair, making for some fine down home flavor. This totally new concept, called French Fusion, was created by the combined creative talent of LHVC’s Food & Beverage director and Executive Chef, Manny Slomovits. The restaurant provides the charm and ambiance of Old New Orleans for guests to enjoy along with the food.

“Our goal is to make dining at Jazz at unforgettable experience,” says Fadi Hamad, Director of Food and Beverage at Lifestyle Holidays Vacation Resort.  “We ensure the highest quality of seafood by flying in products from around the globe at their seasonal peak.  That commitment to freshness and our quest for unique variety are two of many reasons we carefully hand select our products.”

Featured entrees at Jazz include fresh imported Louisiana seafood and steak and signature dishes such as Cajun Dusted Caribbean Sea Bass with southern slaw, white rice and topped with Creole butter, and NOLA Seafood Étouffée with bok choy and saffron infused rice.  The restaurant’s Bourbon Street Café and Bar serves signature Bourbon drinks, of course, and New Orleans inspired drinks with names from Jazz singers and songs.

“At Jazz, we define glamour with ease,” added Hamad.  “The simple, yet stunning art deco surroundings are soft and sublime, punctuated with elegant service and soul food.”

Lifestyle Holidays Vacation Club encompasses the following resorts: The Lifestyle Holidays Vacation Resort with four distinct developments; The Tropical, The Crown Suites, The Crown Villas, and The Residence Suites; as well as Dream Suites by Lifestyle; The Presidential Suites by Lifestyle, Executive Spa Suites by Lifestyle, Costa Esmeralda by Lifestyle, The Level by Lifestyle, and Lifestyle Samana.

From hotel accommodations to stand alone villas, all guests have access to five swimming pools, multiple restaurants, nightly entertainment, spa, fitness center, beaches, tennis courts and more, plus the exclusive Lifestyle Caribissmo Night festivities.  Lifestyle Holidays Vacation Club V.I.P. Members have access to “members only” facilities such as restaurants, bars, swimming pools, exclusive beach areas, as well as golf carts, limousine transfers and helicopter tours.

Lifestyle Holidays Vacation Club members, guests and families have a wide variety of activities available in the Dominican Republic’s North Coast such as a cable car ride to the peak of Mount Isabella de Torres, white water rafting, horseback riding, deep sea fishing, boating, snorkeling, monster truck safaris and city tours of Puerto Plata, named one of the 53 best destinations in the world by The New York Times.  For more Lifestyle Holidays Vacation Club info., go to www.lifestyleholidaysvc.com or call (809) 970-7777.

Newly-flagged property is former Oasis Marien Vacation Club, Puerto Plata

Lifestyle Holidays Vacation Club (LHVC), located in Puerto Plata on the North Coast of the Dominican Republic, announces its second property launch as part of its strategic alliance with Spain-based Globalia Corporation taking over sales of the former Oasis Marien Vacation Club, which was part of the Grand Oasis Marien Resort located on Costa Dorada, Puerto Plata.  The new joint product will be called Dream Suites by Lifestyle, and will feature 21 two bedroom lock-offs.

The Dream Suites by Lifestyle property includes five restaurants, three bars, two adult swimming pools, one children’s pool, a children’s Mini Club, fitness center and spa, nightly entertainment and nearby championship golf, as well as enjoying a beautiful ocean beach., and LHVC members will have access to this  resort ‘s accommodations and amenities.

“We are excited about our growing relationship with Globalia and the opportunity to expand our product offering and vacation experiences for our Members and guests,” said Markus Wischenbart, President of Lifestyle Holidays Vacation Club.  “We know that, together with Globalia, this newest addition to our Resort Collection by Lifestyle will be an overwhelming success.”

Globalia Corporation is a leading travel and leisure conglomerate in Spain, owning and operating leading travel companies such as Air Europa, Oasis Hotels & Resorts, Travelplan, Iberrail, and call centers, technology and graphic art businesses.

In addition to Dream Suites by Lifestyle, the Lifestyle Holidays Vacation Club encompasses the following resorts: The Lifestyle Holidays Vacation Resort with four distinct developments; The Tropical, The Crown Suites, The Crown Villas, and The Residence Suites; as well as Executive Spa Suites by Lifestyle; The Presidential Suites by Lifestyle, Costa Esmeralda by Lifestyle, The Level by Lifestyle, and Lifestyle Samana.

From hotel accommodations to stand alone villas, LHVC provides all members with a unique V.I.P concept with access to “members only” facilities such as restaurants, bars, swimming pools, exclusive beach areas, as well as golf carts, limousine transfers and helicopter tours.

Lifestyle Holidays Vacation Club members, guests and families have a wide variety of activities available in the Dominican Republic’s North Coast.  Next door is the Ocean World Adventure Park with daily animal and aquatic shows plus its signature night-time Las Vegas style show, Bravissimo and Casino.  Other area activities include a cable car ride to the peak of Mount Isabella de Torres, white water rafting, horseback riding, deep sea fishing, boating, snorkeling, monster truck safaris and city tours of Puerto Plata, named one of the 53 best destinations in the world by The New York Times.  For more Lifestyle Holidays Vacation Club info., go to www.lifestyleholidaysvc.com or call (809) 970-7777.

Sol Meliá Vacation Club (SMVC), an international vacation membership club with locations in the Caribbean, Mexico, Central America and Europe, has received the 2010 Gold Crown Resort® awards by Group RCI, a worldwide leader in vacation exchanges with more than 3.5 million members globally, for all of its resorts in the Dominican Republic –  The Reserve at Paradisus Palma Real, The Reserve at Paradisus Punta Cana, Paradisus Palma Real and Meliá Caribe Tropical.

The award is presented annually to RCI affiliated resorts in recognition of outstanding resort facilities and service, based on guest feedback in specific areas, including resort quality, service and overall vacation experience.

RCI Gold Crown Resort Award to Sol Meliá Vacation Club at Paradisus Palma Real: From left to right: Carolina Zapata, RCI Senior Account Executive for the Caribbean; Alexander Avramovic, Regional Managing Director Sol Meliá Vacation Club Dominican Republic; Eduardo Alcalde, Hotel Manager Paradisus Palma Real; Perla Rowland, Regional Resort Manager, Sol Meliá Vacation Club Dominican Republic; Denis Ebrill, Executive Vice President, Sol Meliá Vacation Club

“We feel honored that each one of our resorts in the destination continues to exceed RCI guest expectations, thereby validating the dedication and commitment of our operations teams at each of these resorts to the highest standards of quality,” said Denis Ebrill, Sol Meliá Vacation Club’s Executive Vice President.

Sol Meliá Vacation Club is an internationally-branded membership club focusing on leisure lifestyle experiences that include exotic destinations, designer-appointed luxury suites, exclusive services and unforgettable amenities.  Each Sol Meliá Vacation Club vacation experience is different from the other, aligned with local culture and customized to fit Members’ leisure lifestyle needs.

Orlando, Florida based Sol Meliá Vacation Club is part of Spain-based Sol Meliá Hotels & Resorts, a 50-year-old international hospitality company with over 350 hotels in 30 countries on five continents.  Sol Meliá Vacation Club Members have more vacation lifestyle options through global luxury accommodations in a variety of unique resort and urban destinations around the world, as well as flexibility to choose length of stay, season and size of unit.  Featured Sol Meliá Vacation Club locations include Cancun, Cozumel and Puerto Vallarta in Mexico; Puerto Rico and Punta Cana, Dominican Republic in the Caribbean; Panama in Central America; and the Canary Islands, Spain, in Europe.  For more information, call 866-379-5950, or visit www.smvc.com.

Lifestyle Holidays Vacation Club (LHVC), located in Puerto Plata on the North Coast of the Dominican Republic, has introduced its new Executive Spa Suites by Lifestyle, located adjacent to Lifestyle Holidays Vacation Resort with access to all resort amenities.  The new adult-only property includes 18 one-bedroom poolside studios that are directly across from The Spa, a luxury retreat dedicated to relaxation and rejuvenation of body and mind, with a state-of-the-art cardio room, hot and steam saunas, sea salt healing pool and an array of indulgent treatments and massages.  The new Jazz Restaurant and Bourbon Street Bar are also exclusively for the use of members and guests of the Executive Spa Suites and the Presidential Suites.

The studios, providing accommodations for up to four people, feature Caribbean design in rattan, natural wicker and exotic bamboo, choice of king size bed or double beds, air conditioning, ceiling fan, cable television, private bathroom with shower and sitting area, mini-fridge and desk, and terrace overlooking the pool and The Spa.

“We are excited to offer this brand new concept for our members and guests,” said Hans Larcher, Managing Director of Lifestyle Holidays Vacation Club.  “It’s a perfect way to relax, unwind and immerse oneself in pampering services and amenities.”

In addition to Executive Spa Suites by Lifestyle, the Lifestyle Holidays Vacation Club encompasses the following resorts: The Lifestyle Holidays Vacation Resort with four distinct developments; The Tropical, The Crown Suites, The Crown Villas, and The Residence Suites; as well as Dream Suites by Lifestyle; The Presidential Suites by Lifestyle, Costa Esmeralda by Lifestyle, The Level by Lifestyle, and Lifestyle Samana.

From hotel accommodations to stand alone villas, all guests have access to five swimming pools, nightly entertainment, multiple restaurants, spa, fitness center, beaches, tennis courts and more.  Lifestyle Holidays Vacation Club V.I.P. Members have access to “members only” facilities such as restaurants, bars, swimming pools, exclusive beach areas, as well as golf carts, limousine transfers and helicopter tours.

Lifestyle Holidays Vacation Club members, guests and families have a wide variety of activities available in the Dominican Republic’s North Coast.  Next door is the Ocean World Adventure Park with daily animal and aquatic shows plus its signature night-time Las Vegas style show, Bravissimo and Casino.  Other area activities include a cable car ride to the peak of Mount Isabella de Torres, white water rafting, horseback riding, deep sea fishing, boating, snorkeling, monster truck safaris and city tours of Puerto Plata, named one of the 53 best destinations in the world by The New York Times.  For more Lifestyle Holidays Vacation Club info., go to www.lifestyleholidaysvc.com or call (809) 970-7777.

The Karma Royal Group announced today the development of Karma Bahamas, which will be another upscale Karma Resort and the company’s first resort property in the Caribbean.

Karma Royal Group has entered into an agreement with the principles of Mango Bay Bahamas, the owners of Little Harbour Island, for the property to be developed as a Karma Resort. Karma Royal will assume responsibility for the sales and management.

“We are excited to add the Bahamas to our portfolio of Karma Resorts in Indonesia, Thailand, Australia and Greece,” says Karma Royal Chairman John Spence. “Our resort on Little Harbour Island will enhance what is already an unrivalled experience.”

The island is stunning and is ideally located a five-minute boat ride from Harbour Island, the most exclusive address in the Caribbean, which has long been known as a  stunning and upmarket holiday destination and boasts many luxurious private villas of Hollywood stars, international celebrities and fashion designers. The island is also famous for its pink sand beaches, rich colonial history and the Goombay Smash – a killer rum punch.

Little Harbour Island is also ideally situated a five-minute ferry ride from the airport dock of north Eleuthera, which not only has regular flights to Nassau, the capital of the Bahamas, but also to Miami and Fort Lauderdale (a mere one hour away). Indeed, this international accessibility means that clients can fly their private planes in from the eastern seaboard of the United States, with New York a mere two-and-a-half hours away.

Construction has already commenced on the island, where there is already the beginnings of a marina, core infrastructure and a number of completed and partly completed villas. When finished the property will comprise a combination of deluxe three- and four-bedroom villas, some with their own private beach; smaller one-, two- and three-bedroom townhouses; and hotel-suite units.

“We are still determining the optimum number of units on the island, but the likely number will be between 30 and 60, which will create in excess of 100 keys,” Spence says.

In addition to the marina, the property will have a full range of Karma-standard facilities, including a Karma spa, a range of restaurants, a gym, club house and full hotel amenities.

In tandem with the development of the property, Karma Royal will be marketing and selling property at all ends of the price spectrum, primarily on site, in the United States and Europe. They will offer a combination of traditional real estate purchase and a form of fractional ownership in addition to nightly rentals.

“This will be one of the first times that we have partnered with another company in a karma resort, and we see this as a key strategy for our rapid growth, enabling us to spread our wings and develop in new parts of the globe and to work with local experts and partners for mutual benefit,” says Spence. “Indeed, having spent time with the principles of Mango Bay, I am very confident that we share the same vision and goals for this project.”

Spence adds that he is “delighted that we will be commencing a resort in the Caribbean,” and added that Karma Royal is also looking at additional development opportunities in  Costa Rica, Grenada and St Lucia. “I am very keen for us to start to market in North America,” say Spence, “and indeed to market and promote our Asian properties there. I believe strongly that as the economy recovers, North Americans will have a strong appetite for the holiday products and offerings that Karma and Royal have… backed up by our sales and marketing skills and experience.”

ABOUT KARMA ROYAL GROUP
Karma Royal Group is Asia’s largest independent resort developer, with 17 resorts in India, Thailand and Indonesia. www.karmaresorts.com www.royalresorts.com.au
For employment opportunities e-mail royalmark01@hotmail.com.