Television Programming Helps Worldwide Timeshare Hypermarket Lead the Resale Market

Worldwide Timeshare Hypermarket, Europe’s leading timeshare resale company, is blazing a trail for televising programs about timeshare. First, the company partnered with TATOC, the Timeshare Association, to broadcast a 30-minute informational program that aired on the Travel Channel. Now, Worldwide  Timeshare Hypermarket is creating 60-minute programs that focus on the offerings from particular timeshare resort developers. First up: Macdonald Resorts.

This past November, Worldwide Timeshare Hypermarket joined together with TATOC, the Timeshare Association, to launch their first television broadcast, “Timeshare – History in the Making” – a 30-minute program explaining all the benefits associated with owning a timeshare – which has aired multiple times on both the Travel Deals Direct channel (Sky 647) and the Travel Channel. The program also is available to view on demand at www.traveldealsdirect.com.

“Timeshare – History in the Making” is split into several sections covering all aspects of timesharing and is interspersed with footage of typical timeshare resorts located on the Costa del Sol (Club La Costa, Marina del Sol), Cyprus (Paradise Kings Club) and Scotland (Macdonald Hotels & Resorts, Forest Hills).

Here’s an excerpt from the segment on Macdonald Forest Hills: “Forest Hills lochside resort is beautifully set in landscaped gardens and woodland on the shores of Loch Ard, ideal for exploring the magnificent Trossachs, Scotland’s first national park.” While any brochure or website can relay flowery prose and descriptive words, there is no substitute for the complementary video footage of Forest Hills and environs that accompanies them.

The broadcast also explains how exchange programs and memberships work, detailing the concepts of banking, trading and even bonus weeks and cruise exchange.

The presentation is the result of a combined effort between Philip Watson, managing director of Worldwide Timeshare Hypermarket and Harry Taylor, the CEO for TATOC. Throughout the half-hour, Taylor offers his insight on things such as management fees and the beauty of being able to exchange worldwide. He also shares his experiences as a timeshare owner. What’s more, Taylor explains the basic premise of timeshare so that even someone without any timesharing experience can understand.  The idea behind the show is to educate people about timesharing in the comfort of their own homes.

This special program was the first of what is to be many, says Watson. And now, he says, Worldwide Timeshare Hypermarket is introducing longer programming, announced in December 2009 at The FORUM event in London, with Macdonald Hotels & Resorts as the first client to participate. Rather than focus on just one Macdonald property, the show will be much broader. “We will create either two half-hour programs or an hour-long program that will promote Macdonald in total,” explains Watson, “so you would have all their hotels, their resorts and their rental program – and maybe even a fly-buy program in there – so that you’re concentrating on one group of resorts” and all that they have to offer.

Of course, by the time you read this, Worldwide Timeshare Hypermarket may have already finalized additional deals to create further 60-minute television specials. “We’re also discussing the possibility of creating such an hour-long program with Club La Costa and one or two other major groups,” Watson says, noting that another program launch is likely for March.

Key to all this is Worldwide Timeshare Hypermarket’s relationship with television outlets; while any decent marketing agency could create a video, Worldwide Timeshare Hypermarket’s agreement with the appropriate channels and networks turns a video into an actual television program. “We’ve increased the sponsorship contract with the Travel Channel for a further year,” says Watson. “We’re in discussions with Sky Travel at the moment to do exactly the same thing, but I can’t say any more than that at present.”

The Worldwide Timeshare Hypermarket Difference
Worldwide Timeshare Hypermarket is proud to be one of the market leaders in secondary timeshare resales, providing to both buyers and sellers a very safe and professional service. With Worldwide Timeshare Hypermarket’s parent company being a developer, they have found from experience that among some of the main reasons why people do not buy timeshare direct from the developer is either the product is too highly priced for them, or they do not like the sales tactics/environment used.

Therefore when it came to resales, Worldwide Timeshare Hypermarket take a step back and allow both the buyer and the seller to approach them, which leaves buyers and sellers feeling relaxed and in control. Under no circumstances does Worldwide Timeshare Hypermarket cold call, so the client never feels under pressure from the staff at any time.

Instead, the company advertises extensively on international and national television and in the press, which means the client first has to call if they wish to either purchase or sell a timeshare. Worldwide Timeshare Hypermarket is then able to offer a full service for clients from beginning to end. The company advertises sellers’ weeks in the press as well as on their website; once a buyer is found, Worldwide Timeshare Hypermarket completes the transfer on the seller’s behalf, taking all the hassle out of having to sell privately.

For the purchaser, Worldwide Timeshare Hypermarket determines which product would suit their requirements and budget – and again, the company conducts a full transfer service where all the client needs to do is sit back, relax and when they become the legal owner enjoy their timeshare along with the family.

All monies are held in trust by Resort Fiduciary Services until the transfer is complete so the client knows they can relax happy with the knowledge that their money is safe until they become seen as the legal owner. Worldwide Timeshare Hypermarket does not take deposits and allows a full 14-day cooling off period; should the potential client be unable to afford the cost up front, Worldwide Timeshare Hypermarket is able to assist them with membership to WorldWide Plus, which is a club card allowing them to purchase with 6 months interest free and nothing to pay for 6 months.

Afterwards they can use this card on a similar basis to purchase further Worldwide Timeshare Hypermarket products if they wish. This club card is supplied by H.M.C Funding and Barclay Partner Finance – Worldwide Timeshare Hypermarket was the first European timeshare company to be offered this product.

Being a member of RDO (Resort Development Organization, which formerly was OTE/Organisation for Timeshare in Europe) is integral to Worldwide Timeshare Hypermarket’s beliefs and methods of working. RDO has provided a solid framework upon which Worldwide Timeshare Hypermarket has built a  professional and efficient procedure in assisting their customers, be they buyers or sellers, and this provides those customers with the confidence that they deserve when they are dealing with a reputable and trustworthy organization.

Macdonald Hotels & Resorts is the first shared-ownership developer to take advantage of Worldwide Timeshare Hypermarket's 60-minute TV programming offer

RDO not only ensures that its member companies are operating correctly, but it also works tirelessly to promote the image of timeshare throughout Europe. In this regard Worldwide Timeshare Hypermarket shares a common purpose and they are extremely proud of their involvement with RDO. They are also proud to add to the company’s close association with TATOC, whom they support and assist in every way that they can.

Future Collaborations
“I think it is absolutely vital that resale companies and developers have a good working relationship and provide a good level of service for their customers, both old and new,” Watson says. “This is one of the key reasons why I am always looking at ways to improve the developer’s understanding of who we are and how we operate.” In addition to the television programming, Watson says that another result of this has been Worldwide Timeshare Hypermarket’s “Indulgence” trial membership package, which allows the company to tap into the large market of new-to-timeshare customers while providing good quality leads to their partner developers.

“Other than this mutually beneficial relationship, it is key that we work closely with both the developers and trustees when we are processing a transfer of ownership and the flow of information between all parties involved and a speedy and efficient process serves to enhance our reputation and that of the resort,” notes Watson.

“We also offer wholesale purchases for developers and marketers; in some instances certain resorts have the ability, through using our stock, to sell additional exchange member resort week(s) to exchange members when they exchange onto their resorts, which works very well,” he says. “We can also come to arrangements with developer resorts that take in exchange weeks through their sales teams whereby we can take these weeks off their hands.”

For more information about creating a television program about your resort(s) or otherwise working with Worldwide Timeshare Hypermarket, call +44 870 443 1466 or visit www.timeshare-hypermarket.com.

About Worldwide Timeshare Hypermarket
Worldwide Timeshare Hypermarket is a highly professional company with an excellent reputation for customer care. We have been trading in timeshare resales for more than 12 years and currently have the largest database of timeshare weeks available, plus a long waiting list of buyers who are eager for specific weeks when they become available.

Our European Headquarters are located in Bournemouth, Dorset in the United Kingdom, so we conduct our business strictly in line with the Timeshare Act of 1992. We specialize in matching buyers to sellers and handle over 1000 such transactions each and every week, so when you are dealing with us, you can rest assured that you are dealing with the best in the business.

When buying through Worldwide Timeshare Hypermarket, you can be sure that you are in safe hands, with full protection provided. Your monies are deposited in an escrow account, administered by Resort Fiduciary Services Ltd. This means that no funds will be released until title has been transferred to the purchaser’s name, ensuring both parties to the agreement of sale are fully protected at all times.

We are full members of Resort Development Organisation (RDO), the governing body for timeshare in Europe. This association allows us to offer a safe and professional service to all our clients, ensuring that all legal obligations are adhered to every step of the way.

We are also Platinum Affiliates with TATOC the Timeshare Owners Association that is run on behalf of Timeshare owners by Timeshare owners.

Attendees from across Europe and around the world converge in London to attend the first FORUM Conference, which served as 2009’s main event for the European shared-ownership industry.
By Matt McDaniel, editor

2009 was bad enough. And in a year without a conference held by the Resort Development Organisation (RDO; formerly known as the Organisation for Timeshare in Europe or OTE), at least some shared-ownership professionals were neither pleased with how 2009 had gone so far nor entirely optimistic about 2010.

“We were all disappointed we were not going to have an event this year, but then we had this event,” said RCI Vice President of Development Dimitris Manikis. “Everybody was a bit negative in the beginning, but everybody’s leaving with a smile on their faces – we heard some great success stories, and I think we’re all ready for a challenge in 2010. We’re a great bunch of people, great companies, great people to work with, and I think we’re going to have a great year.”

So what turned people’s attitudes around? It was, in this case, participation in The FORUM Conference, held 9 and 10 December at the Sofitel London Heathrow Hotel. The FORUM was a not-for-profit event arranged and hosted by Generator Systems and Perspective Magazine to enable the European timeshare and fractional industry and international guests to reflect on the economic downturn of 2009 and discuss best practices and innovative ideas for 2010.

An Event Overview
Spanning all aspects of the shared ownership industry, The FORUM drew from the experience and knowledge of more than 30 industry experts from Europe, USA, Asia, South Africa and Mexico. A combination of seasoned veterans (and a few outstanding newcomers), inspiring speakers, panelists and moderators took a look at the difficulties of the past year and then looked forward to new opportunities.They discussed everything: legal and financial hurdles, the need to adapt and the desire for change, new sales and marketing techniques, regional and local challenges and more. But perhaps most importantly, topics actually were discussed by everyone.

Each person in attendance was given ample opportunity to pose questions, make comments, and even disagree with a presenter, which happened more than once. This combination of expert advice and instant vox populi feedback translated into real-world answers and oftentimes practical, workable solutions to challenges facing our industry. The FORUM provided an honest, open and frank environment to share views and encourage cooperation as we enter a new era.

What’s more, in various sessions participants broke down the issues by geography, evaluated and analyzed the latest industry statistics and facts, and talked directly with RDO leaders about legislative changes and other issues facing shared ownership. According to FORUM attendees, two of the main reasons for attending the event were networking and hearing the latest industry news. The FORUM powerfully met both these objectives: Shorter sessions and an intimate and relaxed setting for coffee breaks and lunches maximized networking opportunities, and knowledgeable speakers coupled with a truly interactive format meant that those there heard up-to-the-minute reports on what was going on in shared ownership worldwide.

Importantly, the conference content worked on two levels: Long-time industry players were able to glean knowledge from their peers, while new entrants to the industry could learn a great deal.

“There was practical information that we need. Especially for us, a development that’s just starting to go into the fractional industry, so this is exactly the kind of forum that we need to gain credible information and all the details we don’t know about,” said Regan Berger, sales and marketing director for Promotora Golf Fain S.L. “[The legal session] which essentially opened our eyes to a few things that we hadn’t thought about thus far.”

“It’s always good at least once a year to catch up with your fellow industry experts and to swap stories and to see how they’re getting on in this business,” said long-time industry player Peter Booth, managing director of Pestana Vacation Club. “And once again find out if you can learn a little bit, because you never stop learning in this business and there’s always something to pick up and take away and implement back home at your resorts. For me it’s been enlightening and a couple of things that I’ve penciled in to follow up when I get back to Madeira.”

Popular Sessions
Session highlights according to attendees were the sales and marketing and fractional sessions, as well as the open-agenda, open-mic Gloves Off! session.

In the session, Selling & Marketing to the new consumer: What Works for You?, panelists and participants shared what worked and what didn’t over the past 12 months; listened with interest as Philip Watson, managing director of Worldwide Timeshare Hypermarket, described a new TV advertising program that looks set to unleash a sustainable cost-effective route to market; and heard Paul Mattimoe, CEO of Perspective International, describe how his consumer publication, Owners Perspective Magazine – through aligning with major brands outside of the industry, such as British Airways – was proving that consumers have a greater appetite for timeshare and fractional products than some would think.

In another session, Is Fractional the Future of the Shared Ownership Industry?, panel speakers and members of the audience opened up about what actually was selling in 2009, providing actual sales totals at various properties worldwide. Attendees also discussed the various definitions of the word fractional and debated the differences between fractional and timeshare interests. It was clear that most fractional developers still wanted to disassociate themselves from the timeshare industry, despite hearing that the two products were in fact legally considered the same type of product.

The Gloves Off! session lived up to its name, as attendees fiercely continued their examination of fractionals and where again some fractional developers still battled with definition issues, even when comments came from other developers and even fractional exchange companies to the contrary. But most importantly, this session allowed for a much needed group discussion to take place that involved major players in the industry debating (and essentially shaping) the future of the shared ownership industry – something that in Europe, at least, is extremely rare. On a separate topic in this same session, delegates also got into a quite-spirited and controversial discussion of how to rid the industry of unscrupulous holidaypack scammers.

But the meeting was not all about heated debate on serious subjects. The FORUM scored a major coup in featuring two industry icons, each of whom had scarcely spoken at shared-ownership events during the past 10 years. John Spence, chairman and owner of Karma Royal Group, has over 25 years in the business, but he delighted the crowd with brilliantly funny anecdotes from his pre-resort music-industry days and his early days in our business. Roy Peires, chairman and founder of Club La Costa Resorts & Hotels, fascinatingly explained how his company came to be among the leading lights of timeshare in Europe and one that is, by its innovative and progressive approach, defining the standard and shaping the way in which its more than 50,000 members enjoy their holidays.

Summing It Up
“Without an RDO conference [in 2009], there were few opportunities for all interested parties within the industry – developers, exchange companies, finance companies – to actually get together in one place and at one time and not just socialize, but talk business,” said Michael Myers, Interval’s vice president of resort sales for Europe, the Middle East and Africa.” And without it, we would have had to wait a whole year. If you don’t bring the industry together, it tends to go off in separate directions.”

Others agreed with Myers’ assessment. “It’s very easy to get down when you read doom and gloom in the papers all the time,” commented Leslie McCann, group marketing director for Seasons Holidays Plc, who effused about The FORUM and then mentioned an additional benefit to attending: “If you just come away from an event like this with one idea and make it your own, that’s what it’s all about, really.”

Overall, people seemed to really enjoy the event in addition to appreciating its business benefit. Further attendee feedback indicated they also believed the conference was a good value for the money and that it was well-organized, two reasons why those who took the time to comment rated the meeting as either good or excellent overall.

“It’s been fantastic, bringing everyone together,” saidRobin Mills, communications chairman for RDO. “I’m really grateful for what Generator and Perspective have done. It’s been the right mixture of networking, sessions, individual speakers and party.”

Possibly most significant, however, is that many attendees left the conference with a positive outlook for the future of the industry. “It’s been a great time for the industry to come together, and I think we’ve accomplished a lot,” says Interval International Managing Director David Clifton.

“It looks like people are optimistic that 2010 is going to be better than 2009.”

Generator Party Rocks The FORUM
Of course, there was a Generator party at The FORUM – and Generator-hosted bashes are renowned for their great music, freeflowing drinks and let-down-your-hair fun.

The evening began with an elegant dinner and good conversation. A supposed maître d’, chef and server turned out to be a trio of gifted operatic singers in an extremely entertaining comic routine that captivated the entire audience.

Later, as people moved from the dining to the dancing, an energetic and talented cover band got people moving and grooving right away. It also didn’t hurt to have the conference’s “Generator Girls,” who were dressed all in white and had been serving champagne at the entrance, move inside and invite attendees to join them on the dance floor.

It has been said that many times that our industry “knows how to party,” and perhaps it is best to borrow a phrase from Las Vegas: What happens at the Generator party stays at the Generator party.

“There were a few sore heads this morning,” noted Robin Mills on the day after the party, “including mine.”

Brand New ‘Timeshare – History in the Making’ Explains Benefits, Showcases Resorts

TATOC, the Timeshare Association, and Worldwide Leisure Group have joined together to launch “Timeshare – History in the Making” – a 30-minute programme explaining all the benefits associated with owning a timeshare – which will début tomorrow on the Travel Deals Direct channel (Sky 647) and air on the Travel Channel (Sky 251) subsequently.

The Travel Channel will first air the program at 9am on 7th November and then Travel Deals Direct, a shopping channel and sister station of digital television’s Travel Channel, will broadcast the special at 1.30pm on Saturday afternoon. It will be repeated throughout November on both channels, as well as being available to view on demand at www.traveldealsdirect.com.

The programme is split into several sections covering all aspects of timesharing and is interspersed with footage of typical timeshare resorts located on the Costa del Sol (Club La Costa, Marina del Sol), Cyprus (Paradise Kings Club) and Scotland (Macdonald Hotels & Resorts, Forest Hills). The broadcast also explains how exchange programmes work.

The presentation is the result of a combined effort between Harry Taylor, the CEO for TATOC, and Philip Watson of Worldwide Leisure Group. Throughout the half-hour Harry offers his insight on things such as management fees and the beauty of being able to exchange worldwide. He also shares his experiences as a timeshare owner. The idea behind the show is to educate people about timesharing in the comfort of their own homes.

This special programme is intended to be the first of many; other established developers, such as Devere Hotels & Resorts, are already showing interest in being part of future programming.

For more information on joining this initiative contact:
Phil Watson ~ Managing Director
Worldwide Timeshare Hypermarket
Tel: +44 (0)871 781 6 781
Mob: +44 (0)7770 498349
Email: philw@wwlg.co.uk