Fifteen Secrets to Successful Timeshare Management

Fifteen Secrets to Successful Timeshare Management

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a€œI like what youa€™ve done. Very Professional, a€ Perry Snyderman. a€œTimesharing is a complex business model and for someone that has little or no experience and wants to better understand the fundamentals, this book works well to fi ll many of the information gaps, a€ Bob Miller According to the American Resort Development Association (ARDA), the timeshare industry is a $10 billion per year business in the U.S. alone and supports 565, 300 jobs. By my estimation, more than 50, 000 of these jobs are people working directly in the industry. Until now, no book has been written for this group of people that explains the functioning of the timeshare business. This book is written for those who want to fully understand the timeshare business from the inside out or who are in the business and want to be promoted to management positions or are already managers and want to become better. This book begins with how strategies are developed by senior management, continues with many important operating practices and metrics and ends with a series of bonus secrets to help a timeshare company reach its optimum performance. This book explains many of the common terms used in the industry as well as providing high level models to help timeshare management put all the components of this complex business into proper perspective.includes an annual fee paid to the resort management company of 10% or more of the annual maintenance budget. This ongoing contract is the primary profit source to the developer after the property is sold out, assuming the developer owns the property management company. ... company, sometimes the important common elements and amenities are deeded into a separate company setup and anbsp;...

Title:Fifteen Secrets to Successful Timeshare Management
Author:Charles D. Patton
Publisher:Xlibris Corporation - 2009-05-08


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