
News & Stories
Melbourne. The timeshare industry has emerged as the fastest growing segment in Australia's tourism industry, according to a new economic study.
Zurich. The news about the cost increase from 300 to 400 million Swiss francs for the conversion of the Dolder Grand Hotel in Zurich has hardly died down, and already the Swiss media are reporting on even higher costs. An additional congress annex is planned.
Washington D.C.. American timeshare sales climbed nine percent during 2005 to 8.6 billion USD over 2004 sales of 7.87 billion USD.
Miami. "The World", the only existing residential community at sea is now sold-out. The final few residences aboard the 165-home vessel were recently purchased, completing the sale of the inventory.
Gamisch-Partenkirchen. The Grand Hotel Sonnenbichl in Garmisch-Partenkirchen has allegedly been sold this week. According to hospitalityInside.com's sources, the stately property has been bought by an Egytian businessman.
Parsippany. Wyndham Hotels and Resorts, a subsidiary of Cendant Corporation debuted exterior and interior images of its three new hotel prototypes including guest rooms, lobbies, coffee bar and other public spaces.