Berry on Fractions & Shared Ownership: July 2011

Friday, July 01, 2011

Catching up with Carl - July/August 2011

Friends of Resort Development and Shared Ownership,

In past newsletters, I've pretty much passed along what we are doing
and seeing here at Star Resort Group. I've been reminded by our Scott
Tracy that the resort world does not center about Star, and it may be
more meaningful for we at Star to ask YOU for your thoughts and
opinions.

So, here goes:

What do you see happening with the market today?
Are new projects starting, old ones being revitalized?
Is there money out there?
Who is providing the financing?
What's the market telling you? Are they ready to buy?
What are your hopes and aspirations for the rest of 2011?
What are you looking for or need? If you have money behind you, what are you looking for? Nothing works like networking to fine opportunities, and we may know of just the thing you are seeking. Let us know what you have—or want—and perhaps we can be the clearinghouse?

Here at Star, we are in the midst of launching our Whitefish project
and will report in August when the dust settles. In the meantime, our
friend Paul Nabor of Fractional Exchange reports that he now has
90+ members from Austria Haus in Vail. Way to go.

While still a fan of Registry Collection, the 'side' markets do serve a
purpose for some owners, and gives the developer a real and tangible
benefit.

From the Carolinas, fractional professional Hart Rist asks what types
of advanced technologies marketing and sales are using. Are apps on
smart phones and the like making relationship selling easier? What
are you doing in this area?

I welcome you to take a few minutes to send me your thoughts.

About Carl Berry

Carl Berry is CEO of Star Resort Group, which is the nation’s oldest and most respected fractional/private residence club developer and marketer. Star is headquartered in Bozeman, Montana.

Star’s current projects are located in St Simons Island GA, Saratoga Springs NY and Windham Mountain NY. Completed projects are located in Lake Tahoe CA, Snowmass CO, Steamboat Springs CO, Cave Creek AZ, Pinehurst NC, and Stowe VT.

Carl was the founder of The World’s Finest Resorts, the leading luxury exchange company acquired in 2005 by The Registry Collection a unit of RCI.

Shared ownership projects have been the focus of Carl’s development career for 40 years. He brought to market the first, fee ownership timeshare project in the World, in 1973 located at Brockway Springs, Lake Tahoe CA.

The Manhattan Club, New York City is the largest urban timeshare project in the World with 242 luxury apartments. It has completed sales. Other urban timeshare projects developed by Carl are located in San Francisco and New Orleans.

Timeshare projects, in the Western United States, are located in Lake Tahoe CA, Sun Valley ID, Vail CO, Sunriver OR and LaJolla CA.

Holiday Clubs International was the first multi site hotel program, which was a venture with Holiday Inns using company owned properties from Bermuda to Hawaii.

He is a former Chairman of ARDA and a member of its Board for over 18 years. Previously he served a Chair of the ARDA International Foundation Educational Institute, Chair of the Meetings and Membership Committees and Chair of the National Timeshare Council.

Carl is a founder and director of the Meritus College Fund, nonprofit providing four-year college scholarships, a National Board Member of the Lionel Hampton Center Initiative for the University of Idaho, a former president of the University of Idaho Foundation and a former president of the Alumni Association. He was recently named to the University of Idaho Hall of Fame.