Sunday, September 16, 2007

Rolling into the fall from a busy summer…at Mt. Superior Club - Snowbird, Dave Ruff, our new sales manager has made superb progress getting solid on our reservations, thereby getting to the next price levels and preparing for the “Snowbird Comes to Big Apple” event.

Mt. Superior also released a handful of whole units with one being snapped up at $3.3 million and two others in process.

Dave is backed up by Ash Offermann, and he in turn by the crack Snowbird resort team of Bob Bonar, Tom Jones and Jerry Giles. The NYC event has over 400 respondents, so far and that means the sales team will be very, very busy.

Trans-Pacific Bank is sponsoring a second Ragatz one-dayer on September 27th. in Honolulu. This follows their successful seminar in July. The invited guests here will be realtors. I have the opportunity to speak, again, on marketing and sales. It will be interesting to see how the real estate community responds, and to if they really want to make a business out of fractions in the Islands. Certainly, all indicators are that fractions are ’made’ for Hawaii.

Destination Clubs…the Wall Street Journal had an article last week about consolidation and self-regulation. I wonder what Steve Peterson, who heads the ARDA club regulatory group, will have to say about ‘their’ view on regulation vs. what the hurdles shared ownership industry has to jump over. Not one mention of Exclusive in the article, so congrats to them for keeping their head down.

Back from Croatia and their Dalmatian Coast on the Adriatic Sea. Just gorgeous water and weather, and great hiking on the islands. One RCI sign for a resort. Now that Croatia is on the other side of the war development money is pouring in from all over Europe, and vacation villas are everywhere, so fractions will follow at the appropriate time for the European market. It’s a long commute from the US.

August was my opportunity to join the ranks of ‘air service does not work’ in America team. All four segments from Kalispell to Providence and back to SFO either did not go or did not work to any timeframe that was expected. Hell, I got to Croatia faster than I got from Rhode Island to San Francisco!

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