Industry Insights

Timeshare Industry News
Your Industry News Update
Your Industry News Update
September 20, 2019

Welcome to your bi-weekly industry round up featuring all the latest industry news and trends from around the world.

In our recent postings on www.rciventures.com we bring you the digital version of the RCI EME Q3 Q4 2019 Ventures magazine. With a focus on the ‘Business of Entertainment’, this issue includes interviews with several key players who are delivering exceptional experiences and amenities on resort to satisfy and delight their guests and owners. This issue also includes highly-anticipated interviews with the new leaders of RCI Exchanges – Olivier Chavy, President and Paul Mulcahy, Managing Director, EMEA.

In other news, sustainability remains a key initiative for many of our industry partners, with Diamond Resorts cutting single-use plastics across its European resorts by eliminating or replacing 25 everyday plastic items with sustainable options, and Mahindra Group reinforcing its commitment to the environment with its three-month campaign, #CelebrateDifferently. In addition to this, the Official Portuguese Tourism Board, Turismo de Portugal, announced its 2027 Sustainable Tourism Strategy that aims to make the country one of the most sustainable tourist destinations in the world.

Elsewhere in the news, it’s a positive outlook for travel and tourism across the globe:

Radisson RED Brand To Open Hotel In London – The company has announced the signing of the Radisson RED London Greenwich in the UK, the first property to bring the group’s upscale, lifestyle hotel brand to the English capital.

Outbound GCC Travellers Spend Over US$69bn – As one of the largest outbound markets within the global travel industry, the Gulf Cooperation Council (GCC) saw travellers spend over US$69bn worldwide in 2018, an increase of 4.5% from 2017.

Katy Perry’s Stylist Co-Creates Luxury Hotel Suite – Pop superstar Katy Perry’s stylist has co-created a luxury hotel suite – to appease bickering couples who can’t agree when booking a room.

Mahindra Group In Major Environmental Initiative – Leading Indian multinational company Mahindra Group has reinforced its long-term commitment towards the environment with the announcement of its maiden citizens’ movement initiative, #CelebrateDifferently.

Radisson Names New Regional Director For Sweden – Radisson Hotel Group in Northern Europe has appointed Daniel Kraft as new regional director for Radisson Hotel Group in Sweden and the Baltics.

Latin America Market To Enjoy More UK Visitors – New figures show that Latin America is set to enjoy a resurgence in UK visitors after a slight dip in numbers over the past 12 months.

International Tourism Up 4% In First Half Of 2019 – International tourist arrivals grew four per cent from January to June 2019, compared to the same period last year, according to the latest UNWTO World Tourism Barometer.

CLC World celebrates 35 years of operations – CLC World Resorts & Hotels, one of Europe’s leading independent resort operators, is celebrating 35 years of delivering memorable holidays for its members and guests.

Millennials fastest-growing members for Diamond – Leading vacation ownership company Diamond Resorts has revealed that millennials now make up its fastest-growing membership demographic.

Growing tourism industry generates US$5bn per day – International tourist arrivals grew five per cent in 2018, to reach the 1.4 billion mark, two years ahead of the World Tourism Organization’s long-term forecasts, according to new figures.

Industry gathers for Australian timeshare conference – More than 170 hospitality professionals have converged on the Gold Coast to share key insights and best practices at the annual Australian Timeshare and Holiday Ownership Council (ATHOC) Conference.

Apple Leisure Group names Reynal as CEO – Apple Leisure Group (ALG) has announced the appointment of Alejandro Reynal as chief executive officer, succeeding Alex Zozaya in a planned transition.

Industry veteran steps out on fundraising challenge – Timeshare industry veteran Patrick O’Doherty recently completed the Camino de Santiago pilgrimage to raise funds for the Macmillan Caring Locally charity.