|
|
Vice President Of Cyprus Tourism Organization, CTO, To Open Shared Ownership Symposium In Nicosia
October 27, 2009 by Perspective Magazine | Timeshare & Fractional Reviews · 2 Comments
Shared Ownership concepts will be explored in a Summit to be held in Cyprus on 29 October, at the Hilton Hotel in Nicosia.
Tourism and Development companies can embrace structures to prosper in today’s marketplace.Fractional Ownership is already a buzz word in many board rooms hoping to increase sales by the successful application of this new formula for Cyprus.
The First Fractional Ownership Symposium in Cyprus will be held on November 29th, in the Hilton Hotel in Nicosia and will be opened by Mr. George Mintis, Vice President of the CTO.
The summit will unveil the latest trends worldwide, many of which could be applied in Cyprus by using existing laws in the Republic of Cyprus.
Developers and Hoteliers are invited to attend the event which promises to explore new horizons in creating new platforms for the Building and Tourist Sectors.
Organizers, World Class Group, led by CEO Michael J. Tolan, have over 25 years in shared ownership expertise in 15 country markets. Their PR communications unit has offices in Beirut, Dubai, and Malta.
Fractional Ownership is a relatively new concept in Cyprus, however major developers are now looking into this aspect of real estate offerings to pepper their income streams with additional revenue sources.
“Developers that responsibly embrace the holistic concept of providing investors with superb benefits, management and quality with a sensible value offer will excel in today’s market place” said Tolan.
Fractional Ownership is one form of the shared ownership matrix, we also have models whereby hotels in Cyprus could also benefit by using a hybrid business model, which is covered under the current law” he added.
Fractional Ownership models may be applied to up market residential developments that offer services to end users they would have come to expect from a five star hotel, therefore the marriage of hotels and developers is essential for a healthy growth cycle in Cyprus, said Tolan.
For information on advertising and editorial opportunities with Perspective Magazine & Owners Perspective Magazine; the leading independent B2B & B2C magazines for the timeshare and fractional ownership industries visit www.perspectiverates.com
Tagged: Beirut, Cyprus, Cyprus Tourism Organization, Dubai, Fractional Ownership, George Mintis, Hilton Hotel, Malta, Michael J. Tolan, Nicosia, shared ownership, World Class Group
|
Click here for all featured news 
|
The Registry Collection Programme Wins Prestigious Fractional Life Award By Unanimous Judges’ Decision
The Registry Collection® exchange programme, the world’s largest luxury exchange network, was honoured to receive the Fractional Life 2010 Services To The Industry Award at the Fractional Life Summit on 19th February. The criteria for winning The Services to the Industry... [Read More...] |
|
Pacifico Diamante Private Residence Club In Acapulco Welcomed By Interval International To Its Global Resort Network
Interval International, a prominent worldwide provider of vacation services and an operating segment of Interval Leisure Group (Nasdaq: IILG), today announced that Pacifico Diamante Private Residence Club in Acapulco has joined its exchange network. The property will feature... [Read More...] |
|
New Bali Property Added To Global Exchange Network
Peninsula Bay Resort Chooses Interval International Interval International, a prominent worldwide provider of vacation services and an operating segment of Interval Leisure Group, Inc (Nasdaq: IILG), has added the Peninsula Bay Resort, situated on the Indonesian island of Bali,... [Read More...] |
|
20-Year Relationship Celebrated With Long-Term Renewal Between Interval International And Marriott Vacation Club
Interval International, a prominent worldwide provider of vacation services and an operating segment of Interval Leisure Group, Inc. (Nasdaq: IILG), today announced the renewal of its master affiliation agreement with Marriott Vacation Club International, the timeshare division... [Read More...] |
|
Guy Hall Promoted To Newly Formed Position Of Area Manager By Grand Pacific Resort Management
Guy Hall Grand Pacific Resort Management, a privately owned timeshare vacation ownership management company located in Carlsbad, CA has promoted Guy Hall to the newly created position of Area Manager. In this new role, Guy will be responsible for the day to day operations... [Read More...] |
 |
SEARCH NEWS BY REGION |
Caribbean | Europe | Latin America Middle East | USA & Canada |
SEARCH NEWS / ARTICLES BY COMPANY |
|
|
FEATURED COMPANIES |
|||||
 |
 |
||||
 |
 |
||||
 |
 |
||||
Check out the phenomenal Owners Perspective Magazine, now selected for hundreds of First Class Airport Lounges, Hotels & Resorts around the world. Bulk buy copies for your accommodation units or sales teams, or advertise for the highest quality direct sales enquiries. Click Here to check out the digital version and then contact us for more details.
FEATURED COMPANIES |
|
 |
 |
 |
 |
 |
 |
FEATURED JOB VACANCY |
|||||
Timeshare Jobs In China With Haixin Business Management Company
Haixin Business Management Company is China’s fastest growing timeshare marketing company and are looking for experienced Sales and Marketing Managers with at least 5 years management experience as part of ongoing expansion. CLICK HERE TO APPLY Haixin Business... [Read more...] CLICK HERE FOR MORE JOB VACANCIES |
|||||
FEATURED COMPANIES |
|
 |
 |
 |
 |
 |
 |
 |
 |
FEATURED CONVENTION |
|||||
 Ragatz Fractional Interest Conference The only annual US conference specializing in the shared ownership resort real estate industry. Take advantage of this unique opportunity to meet industry experts and learn from the best. INDUSTRY CONVENTIONS |
|||||
