Sunterra Resorts

 

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Sunterra Resorts

Alternatively, a lease ownership or Right-To-Use (RTU) ownership grants the leaser the right to use the property for a specified period of time; usually from 20 to 99 years. Ownership of the physical property is held by the resort developer or management company. Most properties in Hawaii, for instance, are leasehold properties.



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We're building an hour and a half south of Chicago, and the cost of land there isn't what it is in Orlando or Las Vegas. A time-share, also called vacation ownership, offers its owners lodging in furnished condominiums or resort units, usually three star or better, for a specific amount of time each year (usually a week). Were building an hour and a half south of chicago, and the cost of land there isnt what it is in Orlando or las vegas. Another hospitality giant, starwood hotels & resorts worldwide, recently closed its purchase of vistana - one of the premier developers and operators of high-quality timeshare resorts. With a timeshare component, a hotel builds more attractive, higher energy pools and, once you attract people to the timeshare side, they become potential guests at the hotel side. This values fairfields equity at $725 million. Exclusive cruises & resorts, inc.

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