The Boston Globe on Fractional Ownership
Elizabeth Gehrman has written an interesting and education article for The Boston Globe on the growing trend of Fractional Ownership. The article discusses the differences between timeshares and fractionals, different types of usage plans and outlines typical fractional resort amenities. Mentioned in the article are two existing fractional resorts: the new Newstead Belmont Hills in Bermuda and the Cape Codder Residence Club in Hyannis, Massachusetts.
Read the full text of the article in the Boston Globe.
View more Fractional Resorts and Residence Clubs.
View More Posts on the Following Topics: Bermuda, Boston Globe, Cape Codder, Hyannis, Massachusetts, Newstead Belmont HillsYou can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
November 13th, 2008 at 1:32 pm
This article really sums up whats happening in the vacation real estate business. Our properties in the Caribbean are continuing to see a lot of interest and a very strong sales pace. Where other second home markets have slowed down, fractional ownership provides the right balance for vacation home buyers that woulsd normally putthe purchase on hold.
We have started to enter into the European market as well with a new property in Tuscany and the response we have had so far is amazing.
Fractional ownership and Private Residence Clubs are going to be a major part of the real estate business for a very long time.
Thanks for the great article!
Craig Bosio