Fractional Ownership News

RCI is Headline Diamond Sponsor for Shared Ownership Fractional Summit Middle East

Leading luxury fractional ownership brand, fractional conference and exhibition organiser, Fractional Life, is delighted to confirm RCI, the world’s largest leisure real estate exchange programme as Diamond Sponsor for the inaugural Shared Ownership Fractional Summit Middle East Conference. The event will take place at the spectacular new YAS Hotel, Abu Dhabi 23- 24 November 2010.

Fractional Life founder Piers Brown said: “We are delighted to further develop our relationship with RCI. As market leaders in our respective sectors Fractional Life and RCI are both perfectly positioned to be at the forefront of the exciting expansion of shared ownership in this vibrant and fascinating part of the world. The Shared Ownership and Fractional Summit will allow delegates to network effectively and to discover the huge potential for shared ownership the region offers across all sectors.”

Dimitris Manikis, Vice President of Business Development at RCI, said: “The Middle East and North Africa are among the most exciting potential markets for shared ownership. RCI has had a presence in these regions for many years and is delighted to sponsor this exciting new event initiative, as it brings industry professionals from a range of sectors together to share best practice, exchange ideas and make new contacts. We’re looking forward to meeting up with many of our industry friends at this event, as well as forging relationships with new ones.”

The B2B Shared Ownership Fractional Summit conference has been devised to attract the brightest and most dynamic minds in the shared and fractional ownership industry to help define the ‘new rules’ and future opportunities within an ever changing market landscape.

Shared Ownership and Fractionals encompass:

• fractional real estate
• co-owned assets such as fractional jets, cars and yachts 
• co-ownership of hotel rooms
• timeshare/vacation ownership
• religious timeshare
• private residence clubs

The conference will provide a cutting edge insight into the practical application and development of these exciting concepts into the Middle Eastern context. The conference will focus on all aspects of, and best practice in, shared ownership, including timeshare, fractional ownership, destination and private residence clubs, together with other emerging fractional ownership sectors such as fractional yachts, aviation and supercars.

There will also be a spotlight on Shariah compliant structures.

Expert presentations and panel sessions will highlight executable solutions that fully utilise current market conditions including resort financing, development, branding, marketing, selling and management of vacation ownership properties. Delegates will also benefit from exceptional networking opportunities and ‘meet the expert’ sessions.

“There has never been a more appropriate time to look at, assess and react to the shared and fractional ownership challenges the ‘new global economy’ presents. Our conference promises to highlight the undoubted opportunities the Middle Eastern and North African market will present over the next few years” said Piers Brown.

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