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Theme Parks and Attractions

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Buy a vacation home or villa. Use traditional lodging accommodations ... Misconception that timesharing/vacation ownership is rigid and inflexible ... – PowerPoint PPT presentation

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Title: Theme Parks and Attractions


1
Theme Parks and Attractions
2
Attractions Classifications
  • Cultural Attractions
  • Natural Attractions
  • Events
  • Recreation
  • Entertainment Attractions

3
Cultural Attractions
  • Historical sites
  • Archeological sites
  • Architecture
  • Cuisine
  • Monuments
  • Industrial sites
  • Museums
  • Ethnic
  • Concerts and Theatre

4
Natural Attractions
  • Landscape
  • Seascape
  • Parks
  • Mountains
  • Flora
  • Fauna
  • Coasts
  • Islands

5
Events
  • Mega-events
  • Community events
  • Festivals
  • Religious events
  • Sports events
  • Trade shows
  • Corporate

6
Recreation
  • Sightseeing
  • Golf
  • Swimming
  • Tennis
  • Hiking
  • Biking
  • Snow Sports

7
Entertainment Attractions
  • Theme Parks
  • Amusement Parks
  • Casinos
  • Cinemas
  • Shopping Facilities
  • Performing Arts Centers
  • Sport Complexes

8
The Attraction Industry
  • Fixed-location amusement parks attractions
    (U.S. 40 countries)
  • Primarily private businesses
  • 5.5 Billion in annual revenue (U.S.)
  • 275,000 people employed seasonally (U.S.)
  • 265 Million visitors annually (IAAPA)

9
Knotts Berry Farm
  • Americas first theme park
  • 150 acres
  • Live shows, rides family adventures
  • Wild West Snoopy focus

10
Disneyland
  • 1955
  • Anaheim, California
  • Themed settings of rides in addition with shows,
    shops, and restaurant
  • Focus on adventure, history, science fiction, and
    fantasy
  • Immaculate cleanliness

11
Disney World
  • Orlando, Florida
  • Magic Kingdom, Epcot, MGM Studios Animal
    Kingdom
  • Magic Kingdom
  • 17 Million visitors annually

12
The Vacation Ownership Industry(Formerly Known
AsTimeshare)
13
Why Vacation Ownership?
  • Fastest growing Segment of the Hospitality
    Industry
  • Virtually 100 Leisure Oriented
  • Broad Opportunities
  • 9 HQs in Orlando

14
Why Vacation Ownership?
  • Stay with family friends
  • Limited to where they live
  • Not the best scenario
  • Buy a vacation home or villa
  • Use traditional lodging accommodations
  • Buy a share of a resort at todays market value
  • Ability to exchange/travel other places
  • Often full resort features
  • Buying at todays prices
  • Some offer deeds/ability to gift or bequeath

15
Headquarters
  • Tempus
  • Island One
  • Fairfield Resorts
  • Marriott Vacations
  • Westgate Resorts
  • Hilton Grand Vacations
  • Starwood/Vistana
  • Sunterra
  • Disney

16
Ability to be Flexible
  • Misconception that timesharing/vacation ownership
    is rigid and inflexible
  • Resort Condominiums International (RCI) and
    Interval International (II) permit sharing and
    exchanging all over the world
  • You pay membership fees, per transaction fees for
    exchange, and possibly other fees as well

17
Income Stream
  • Unit Sales
  • Food Beverage
  • Unit Rental Pool
  • Unsold Unit Rentals
  • Homeowner Association
  • Mortgage Income
  • Annual Maintenance Fees

18
Traditional Hospitality
  • VP Resorts
  • GM
  • Asst GM
  • Security Mgr.
  • Security H/H
  • Director of Housekeeping
  • Housekeeping Mgr.
  • Housekeeping Sup.
  • Inspectors
  • Housemen
  • Housekeepers
  • Director of Laundry Ops.
  • Laundry Mgr.
  • Laundry Sup.

19
Market Differences
  • Tour Generation
  • Selling Real Estate
  • Association Management
  • Mortgage Services

20
Association Mgmt.
  • VP Association Management
  • Director of Finance
  • Manager of Collections
  • Director of Owner Services
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