Bangkok--9 Sep--Infinity Communications and Consultant
Industry experts to share and introduce new ownership schemes to the region
New strategies for hotels and resorts in the tough economic climate
Asia Pacific is seeing an increase in popularity in tourism, attracting many branded hotels and resorts as well as local and international property investors from around the world who are choosing to invest in this fast growing tourism market.
Thailand is a strong potential market in Asia Pacific for shared ownership models due to the rapid growth of tourism, as well as being a strong market for property investment in Asia. In Thailand, and Phuket specifically, there are a number of established vacation club operators including Marriott Vacation Club, Laguna Holiday Club, Absolute Vacation Club and newcomer West Sands Phuket Beach Club, while Fractional Ownership, which was pioneered in Thailand by the Absolute World Group, has recently seen growing uptake in the Kingdom. Today there are a number of mixed-use developments offering Fractional Ownership in Thailand including Absolute Bangla Suites (Phuket), yooPhuket (Phuket), Absolute Beach Resort at Nakalay (Phuket), Puravarna Phuket Yacht Club (Phuket), Karma Resorts (Samui) and Falcon Hill (Hua Hin), to name just a few.
Alternative ownership is a relatively new concept for Thailand and the Asia Pacific region. This concept is known to offer new revenue opportunities for established and new resorts and mixed-use development owners. Alternative ownership models include Fractional Ownership, Vacation Ownership and Private Residence concepts. Global examples include Marriott, Banyan Tree, Hyatt, Wyndham, Accor and Disney who operate alternative ownership models.
The Alternative Ownership Conference for Hotels and Resorts — Asia Pacific (AOCAP) will be held October 12 -13, 2009 at Millennium Resort Patong, Phuket, Thailand. The two day conference will focus on introducing alternative ownership concepts — Private Residence, Fractional Ownership and Vacation Ownership concepts — to the regional market, share successful case studies and implementation methods from top class speakers, and network with the industry’s key players. More information can be found at www.AOCAP.org.
The AOCAP conference will help established operators and those with an interest in alternative ownership models through education and knowledge exchange with the industry’s leaders.
The event is specifically designed to facilitate key learning and the exchange of ideas on shared ownership for real estate and resort delegates from around the world. Industry representatives scheduled to share their wealth of experience during the two day conference include Ragatz Associates, The Registry Collection, Absolute World Group of Companies and Preferred Residence, amongst others.
Bryan Lunt, Chairman of Absolute World Group of Companies — Asia’s market leader in mixed-use resort development — and the founder sponsor said, “We are delighted that Absolute World Group of Companies is an integral part of such an industry event in the market, with great support from the leaders in the world marketplace, the regional industry and respective media. We hope to promote this alternative ownership concept throughout Asia and Asia Pacific.”
"Many real estate developers are now interested in the fractional concept while many resorts are opening to ideas of vacation ownership. Operators need a clear understanding and advice on implementation. At the conference there will be industry experts to share their experience and case studies on how to help generate revenue and boost occupancy, both of which are of interest to developers and buyers,” Bryan Lunt added.
The AOCAP conference is sponsored by Absolute World Group of Companies, The Registry Collection, Citadel, Preferred Residences, yooPhuket, Limcharoen Hughes & Glanville, and The Escape as the official digital partners. Media Sponsors include FractionaLife.com, Perspective International, Absolute Thai magazine, and Property Report magazine. The conference is organized by Infinity Communications & Consultant, Phuket.
Details of the conference, updated programs, registration form, online payment, sponsorship, and early bird rates are available on www.AOCAP.org or email [email protected] for more information.
For further information regarding sponsorship, please contact [email protected].
About AOCAP
Alternative Ownership Conference for Hotels and Resorts — Asia Pacific (AOCAP) is Asia’s first Alternative Ownership conference and will introduce alternative ownership concepts, present successful stories and case studies in successful global markets (US and Europe), as well as introduce implementation strategies as an option to conventional hotel and resort operating structures. The conference is planned to be an annual event where experts meet local property and resort owners and share experience and relevant information on the growing Asia Pacific market. For more information, visit www.AOCAP.org or email [email protected].
Media contact
Chanut Nawnarong/ Nungruthai Julakul
Infinity Communications and Consultant
Tel. +66 (0) 89 512 7030 or +66(0) 83 650 6848
Email: [email protected]