Breckenridge Grand Vacations | September 26, 2018
BRECKENRIDGE, COLO. (Sept. 27, 2018) – Breckenridge Grand Vacations (BGV) has received ColoradoBiz Magazine's award for #1 Top Company in the Travel and Hospitality category. In its 31st year, the recognition is given to the very best statewide companies, in 14 industries. Businesses submit their nominations throughout the year, and a poll of companies including Deloitte, Moye White, Versatility and Colorado State Bank and Trust select three finalists for each category. The winner is then chosen by a judging panel, formed by ColoradoBiz editorial staff and business leaders, based on outstanding achievement, financial performance a...
ISHC WorldView | June 7, 2018
7 June 2018 ISHC WorldView revealed that 69% of members surveyed believe the appeal of timeshare is diminishing. With Airbnb.com now allowing hotel listings through 3rd party distribution platforms, it's clear the sharing economy hasn't stopped evolving to increase their piece of the pie. What does the sharing economy have that timeshare doesn't? Insights from ISHC members revolve around two common themes: flexibility and unique experiences. ISHC's Tim Peck, Chairman of OBM International Limited commented, "The sharing economy allows far more flexibility in being able to have your home away from home." "Why would a consumer want to lock...
ARDA | August 10, 2016
More Than 511,000 People Employed; $10.2 Billion in Tax Revenue WASHINGTON, DC - August 10, 2016 – The U.S timeshare industry contributed an estimated $79.5 billion in consumer and business spending to the national economy in 2015, according to a study conducted by Ernst & Young for the ARDA International Foundation (AIF). This impressive total includes more than 511,000 jobs with $28.1 billion in salaries and wages. "It is not just the vacationers that benefit from the timeshare industry," says Howard Nusbaum, president and CEO of ARDA. "This industry has a huge impact on local economies through jobs, spending by vacationers ...
American Resort Development Association | July 16, 2015
WASHINGTON - July 16, 2015 – The U.S. timeshare industry enjoyed steady growth in 2014, according to the State of the Vacation Timeshare Industry: United States Study 2015 Edition, conducted by Ernst & Young for the ARDA International Foundation. Compared to 2013, sales volume increased by more than four percent and occupancy is up by two percent. "Seeing an increase in our key metrics demonstrates that timeshare is poised for a bright future," said Howard Nusbaum, president and CEO of the American Resort Development Association (ARDA). "And one of the main reasons is that vacationers love what timeshare vacations offer, inclu...
Resort Fee Litigation Advisory Group: Attorney General for DC Sues Marriott International Over Hotel “Resort Fees”
From Green Screens to The Cloud: Maestro PMS’ Continued Commitment to Innovation Powers Success for Independents for More Than 40 Years
Hospitality Social Media Marketing News
Global Hospitality CEO Survey: What Trends Are Shaping the Hospitality and Leisure Industry?
As the first news aggregate for the hotel industry, Hotel-Online is the industry’s must-read daily news source for everything hotel curated for busy professionals. Sign up today for industry news delivered to your inbox.