Middle East Timeshare Consultancy Unit Promotes Dubai Timeshare Opportunities To European Operators

Platinum Resorts International, the Timeshare Consultants based in Beirut, Lebanon, have recently announced that Dubai will be centre stage for the mega boom in real estate based timeshare and fractional ownership over the next ten years in the UAE.

They have taken this message now to many of the delegates of the European Forum on Timeshare, the OTE, to identify where joint venture and collaboration partners for such ventures might best be involved. RCI and Interval International, two of the major companies providing services to timeshare members worldwide, are now both active in the Dubai arena, a testimony to the importance of its potential market yield. Well known timeshare hospitality brands such as Marriott and Hilton have been tipped as long term active residents in the Dubai timeshare community. As a result of these brands anchoring the market, it will result in attracting every other major operator in the region and internationally. The OTE, the Organization for Timeshare in Europe, meets in Prague, Czech Republic, on November 4-5 during its annual event, attracting over 500 Company delegates throughout the world who contribute responsibly to the growth of the industry.

'We felt this was an opportunity to match up some our legacy clients with potential long term partners that could make our Dubai winning equation work for their company growth plans, and therefore our delegation has come to Prague',said Bassam Nakad, Vice President of the Group. The company earlier this year introduced Resort Franchise Associates which lends a turn key start up to sell out formula for Developers wishing to maximize their investments through a unique custom tailored franchise system. 'Timeshare was responsible for over 7 Billion dollars in sales revenue worldwide last year, he said, and we envision Dubai becoming one of the top ten timeshare destinations markets in the world in a very short time.' In Prague, Platinum and Resort Franchise Associates, together with timesharestaff.com will present an award to members of Time4sharing.org who have raised the image of the timeshare industry in the Middle East and Europe through its various projects. Timeshare will have a new darling in the Middle East and that will be Dubai. 'Dubai will be the best regulated, most demanded destination in the Middle East, and efforts to portray the real value of Dubai, and the real value of Timeshare, such as time4sharing.org, go hand in hand and are to be commended', added Nakad.