• HSBC

VOIC set to gather investors to steer debate on development of region's timeshare sector

  • United Arab Emirates: Sunday, January 21 - 2007 at 14:48
  • PRESS RELEASE

More than 150 senior business executives representing the main players in the region's burgeoning timeshare sector are set to meet at the industry's foremost networking event, Vacation Ownership Investment Conference (VOIC) (Arabian Court, Royal Mirage, Dubai, United Arab Emirates, March 6 2007).

According to David Clifton, Interval International's managing director EMEA and Asia and a prime supporter of the conference, the Middle East is perceived by experts in the vacation ownership industry as having incredible potential: "This is a sector that, once understood, brings enormous value to the table of everyone involved - the investor, the developer, the operator and, ultimately, the consumer," he said.

Clifton stressed that VOIC is an interactive forum structured to encourage delegates into an action-packed dialogue geared to help drive strategic growth and business development initiatives in the Middle East.

"VOIC is designed to ensure that delegates gain invaluable insight into the world of timeshare, vacation and fractional ownership with a case study-look at reasons for its continued growth.

"We will debate which markets are poised for explosive growth, why timeshare is an enticing and profitable proposition and we will highlight how hospitality companies and independent developers have entered and succeeded in the industry.

Turing to the holidaymaker, Clifton attributed the continually rising consumer interest in vacation ownership to the flexibility of the timeshare product, the variety of quality timeshare resorts offered at different price ranges and the innovative products and services introduced each year.

He also noted that new variations such fractionals and private residence clubs are gaining in popularity.

"This conference focuses on the fundamentals of the industry and its potential for developers, hotel companies, consumers and for local economies. Anyone interested in playing a role in this growth should be at VOIC," Clifton concluded.
 
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ABOUT INTERVAL INTERNATIONAL

Interval International, a leading vacation ownership exchange company, is celebrating 30 years of quality and innovation. Interval has a global network of more than 2,000 affiliated resorts in over 75 countries, and serves its developer clients and 1.8 million member families through 28 offices in 19 countries. The company provides a variety of services and year-round travel-related benefits to enhance members' vacation experiences. Headquartered in Miami, Florida, Interval International is part of IAC, which operates leading and diversified businesses in sectors being transformed by the Internet, online and offline. Other IAC companies include Ask.com, Citysearch, Entertainment Publications, HSN, LendingTree, and Ticketmaster.

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