Co-published by NorthCourse and FractionalLife.com.

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Developers, planners, architects, and others working in the resort development industry are faced with the most challenging environment in generations in light of the recent turmoil in the financial markets.

Opportunities still exist for well-funded developers not reliant on credit markets and the survivors in the resort industry will be those who successfully invent entirely new business models to cater to changing and developing consumer demands and trends. The fractional industry has only recently entered the European market and many developers unable to sell whole-ownership units in appealing destinations are increasingly looking at fractional opportunities to generate sales.

The report covers the current fractional real estate supply in Europe, and further recent additions to the market include:

• The Registry Collection® programme, the world’s largest luxury exchange provider has recently increased its portfolio in Europe, adding new properties in France.
• Abercrombie & Kent, a luxury tour operator based in Illinois plans to buy properties in Paris.
• Timbers Resorts is expanding its branded properties in Europe.
• Salvatore Ferragamo is branding other hotels and PRC’s in addition to its portfolio in Tuscany.
• Taylor Woodrow recently launched two developments in Spain.