The 2008 ARDA Convention & Exposition will be held next month, April 6-10, at the Venetian Resort Hotel and Casino in Las Vegas. This is the top event in the resort and timeshare industry and it will draw some 5000 attendees from more than 40 countries worldwide.

Speakers at the ARDA Convention

Each year the ARDA Convention & Exposition offers resort and timeshare professionals the most up-to-date information on services and new directions within the industry. For the 2008 convention, Rick Barrera will be the keynote speaker. Barrera is a nationally recognized speaker, marketing consultant and acclaimed author. He is probably best known for his unique approach to brand building and holistic customer service. Barrera’s strategies can be seen in use today by such business giants as Google, Hummer, and Tivo.

In tomorrow’s Timeshare Owners Blog, I will be sharing information about a few of the ARDA Convention’s other speakers and panelists, including the panel on which I will be presenting. Here is also a link to Sell My Timeshare NOW‘s most recent press release about the ARDA Convention.

Entertainment at the ARDA Convention

As if just being in Las Vegas isn’t entertaining enough, the ARDA Convention includes a performance by Terry Fator. If you are not familiar with this multi-talented entertainer, then the idea of watching a ventriloquist may not seem too exciting.

Think again. Terry Fator, winner of last year’s American’s Got Talent competition on NBC, is one of the single most entertaining, genuinely talented performers today.

I have attached a YouTube video of Fator during his first televised appearance on the, America’s Got Talent competition. Once you watch this first video, you may want to go back and view the many others available on Fator’s website or on YouTube – he is guaranteed to brighten your day.

Last week I wrote a post called, Timesharing as a Concept Will Increase Timesharing as a Practice. And then, as if on cue, I ran across this bit of timely information reinforcing the idea that both timeshare ownership and fractional ownership will grow, simply because we, as a culture, are increasingly integrating the idea of shared ownership into our lifestyles and mindsets.

Last summer, a London-based company, called Fractional Life, held their first Fractional Ownership Expo. The alfresco-style exhibition was hosted in the city-center of London to introduce people to the diverse opportunities in fractional or timeshare ownership. The event was such a success that the company currently is hard at work preparing for Fraction Ownership Expo, 2008, to be held next month, again in downtown London.

Fractional Ownership Expo 2008

Fractional Life describes the expo by saying, “…the event caters for the growing number of people who want to enjoy a lifestyle of luxury items and experiences – without the ties, responsibilities and capital outlay of a complete purchase.” …hummm, sounds like timeshare to me.

Fractional Ownership Expo’s flagship sponsors are the Oceanico Group, a leader in luxury four and five-star residential and holiday homes offering high quality golf or beach amenities and, IFA Hotels & Resorts, an internationally recognized leader in the development of premier mixed-use hotel and tourism resort projects and luxury leisure services. Although the heart and soul of the fractional ownership event centers on shared vacation ownership property – timeshare real estate – exhibitors will include companies dealing in fractional ownership of classic and luxury cars, boats, yachts, aircraft and jets, wines, sporting passes and even handbags.

All of which proves once again, that the concept of timesharing really makes a lot of sense, even if I don’t personally understand exactly how you timeshare a bottle of wine.

Starwood Vacation Ownership (Starwood Timeshares) has expanded their fractional properties with the opening of The Phoenician Residences part of The Luxury Collection Residence Club.

Located in Scottsdale, Arizona, the 250-acre resort has undergone a major renovation to include floor plans that range from 1400 square feet to 2400. Each fractional unit has hardwood floors, a natural stone fireplace, a private plunge pool and spa, an outdoor summer kitchen, LCD televisions, and imported Irish linens.

On-property amenities include a USGA championship golf complex with 3 nine-hole courses, chipping and putting greens, and a driving range. The Tennis Garden offers 12 lighted courts, while other features include nine swimming pools, a 165-foot water slide, private cabanas, and a spa and wellness center.

The MoneyCentral Business Wire on MSN.com quoted Matt Avril, president and managing director of operations at Starwood Vacation Ownership, Inc, as saying, “This newest offering in our portfolio of fractional resorts is the perfect complement to the St. Regis Residence Club properties in Aspen and New York. As a premier destination, The Phoenician (R) is a perennial favorite of sophisticated vacationers, and we are extremely excited to offer ownership opportunities through The Phoenician Residences, our first fractional resort under The Luxury Collection brand.”

Prices for fractional ownership at The Phoenician Residences start at $150,000 up to $400,000 and range from three weeks of vacation time upward. Fractional owners at The Phoenician Residences also have the option to exchange weeks for stays at other Residence Club properties or for Starwood Preferred Guests Starpoints.

Starwood properties include the following brands: St. Regis, The Luxury Collection, Four Points by Sheraton, LeMeridien, Aloft, Element, and Sheraton timeshare resorts and Westin timeshare resorts. More information is available on Sheraton timeshare resales and Westin timeshare resales from Sell My Timeshare NOW.

Recent Timeshare Owners Blog posts about Starwood timeshares include:

• Starwood Will Be Selling Timeshare from New Sales Galleries

Most people understand the concept of timeshares, even if they don’t know all the fine points. They realize that you can either jointly own a timeshare condo with many other owners or own the privilege of vacationing for a specific number of weeks in that timeshare condo. Some timeshares are deeded property ownership while other timeshares are based on the sharing of time at the vacation resort rather than the sharing of the real estate itself. Either way, the product qualifies as a timeshare, even when it is called a vacation club or vacation ownership.

What Makes a Timeshare A Timeshare?

Timeshares can be found in a range of sizes, from efficiency or studio rooms to 3 and even 4-bedroom timeshare units. Locations vary; some of them are great getaway retreats, some are urban timeshares, and others put you in the heart of a high-demand tourist destination.

Looking at Fractionals

While these qualities are all (typically) true of fractionals, as RCI explains, “The major difference between timeshare and fractional ownerships is money.” Fractionals – for good reason – cost more to purchase than do timeshares.

A fractional may be a condominium, or it may be a detached home. And the perks that come with fractionals can be amazing. Benefits like the use of a luxury car, the services of a private chef, or storage for your personal possessions between visits, may come as part of your fractional ownership.

Another important distinction of fractional properties is that they typically are built in locations that are so high-demand, only the uber-wealthy can afford to own them as sole owners. Fractionals can be found at the top ski resorts and on beachside property that is simply too valuable to be sold to a single owner.

Timeshare typically is owned in one-week intervals, although one owner may own multiple weeks. Fractionals, however, usually involve owning at least a month and can be up to 3 or 4 months of time, although not necessarily consecutive weeks or months.

RCI’s list of similarities between timeshare ownership and fractionals is not conclusive, but it does identify some of the commonalities of the two.

Timeshare and fractional can both be:

• Bought as deeded properties.
• Rented out to others during periods of non-use.
• Shared among family and friends.
• Resold at any time.
• Willed to kin. (Or I might add, willed to anyone else to whom you would like to leave it.)

At this time, someone who is trying to sell you a multi-million dollar fractional is unlikely to refer to it as a “timeshare”, but the fact is, the concept is basically the same. Right now, it is typically difficult to find fractional ownership properties under $100,000, with many being priced into the millions. But remember that the lines between timeshares and fractionals are already blurry, and they are only likely to become more so in the future.

To learn more about timeshare ownership, timeshare resales, and fractionals contact the timeshare specialists at Sell My Timeshare NOW. And watch the Timeshare Owners Blog this week for more posts on the topic of fractionals.