First ever Timeshare and Resort Investment Conference to be held in Dubai

The event will attract attendance from hotel and property developers, investors, financial advisors, consultants, architects and various management companies from all over the Middle East and North Africa.

"The remarkable growth in tourism and the booming construction industry in Dubai have led us to choose this Emirate as a venue for the conference. The timeshare industry has a tremendous potential in this region, hence we are keen to educate industry professionals on the role of the industry and its functionalities," says Mr. David R. Clifton, Managing Director for Europe, Middle East, Africa and Asia - Interval International.

"The conference is designed to introduce the concept and operations of timeshare industry. Over one day, delegates will gain a detailed insight into the phenomenal growth of this dynamic industry, the steps necessary for successful entry into the industry, how to develop a mixed-use resort and how to sell and market timeshare successfully", he adds.

The timeshare industry has experienced a double-digit growth over the past two decades, enjoying an unprecedented global expansion. Today there are more than 5,500 resorts in 110 countries and 6.7 million owners globally. With more than US$ 9 billion in annual worldwide sales, timeshare is one of the fastest growing segments in the hospitality industry worldwide and has proven its resilience in times of economic downturn and international tension.

The conference will be co-sponsored by Arabian Falcon Holidays, Dreamland, Grand Sharm & Sahara Touristic Development, HVS International, Marriott Vacation Club International, Network Gardenia, Pricewaterhouse Coopers, Urban Land Institute, Sun House Vacation Company, The Palm, Wimberley Allison Tong & Goo and the World Travel and Tourism Council.

For more than 27 years, Interval International has led the vacation ownership industry with innovative products and the highest levels of quality, service and value complemented by a global network of 2,000 resorts in 75 countries. With its headquarters located in Miami, Florida, Interval serves its developer clients and more than 1.5 million members through 26 offices in 17 countries and employs nearly 1,700 people worldwide. Interval International is an operating business of IAC/InterActiveCorp.