11:15 Panel Discussion: Key Learnings From The Americas. Despite challenging market conditions, fractional real estate in North America has grown from nothing to a $1.6 billion dollar per annum business today. The majority of this growth has been attributed to the US consumer market. We are joined by an expert set of US fractional professionals who cumulatively have over 150 years experience managing within this growth phase.
The panel gives detailed insight about their fractional ownership journey: the ups and downs along the way, and their view on what the European marketplace can expect over the next few years.
Panel:
Wayne Sobien, Vice President, First American Title Insurance Company
Luca Franco, President, Luxury Leisure Properties International
Wally Hobson, Founder and President, Hobson Advisors
Gregg Anderson, Global Managing Director, The Registry Collection
Moderator: Dr Richard Ragatz, President, Ragatz Associates
Wayne Sobien, Division Vice President, First American Title Insurance Company. Wayne Sobien received his undergraduate and law degrees from the University of Florida. He has practiced law in Florida for over 27 years. Wayne is a member of the Executive Council of the Real Property, Probate and Trust Law Section of The Florida Bar, Chair of the Problem Study Committee and a member of the Condominium Law and Title Insurance Committees of the section. He is also a Trustee member of ARDA. He has been working in the vacation ownership field for 10 years and has authored numerous educational articles and materials on subjects relating to real estate and title insurance.
Luca Franco, President, Luxury Leisure Properties International LLC. Luca Franco is the founder of Luxury Leisure Properties International LLC. Luca oversees the complete portfolio of services offered by LLPI to leisure real estate developers, property investors and hotel companies.
Luca was previously JV Partner with Strategic Hotels & Resorts and Chartwell Grupo of the Ancira family; Luca was previously President of the European/Middle East Division of DCP Int'l, which specializes in the design, marketing and sale of equity residence club memberships at luxury resort and urban locations worldwide, and was responsible for expanding US operations into an international business based in London. Prior to this Luca was charged with establishing the European platform for Exclusive Resorts. He had also started and implemented several private residence clubs in Europe, which include, among others, the Four Seasons Private Residence Club Palazzo Tornabuoni (Florence, Italy) and Palazzo Pauly (Venice, Italy).
Wallace Hobson, Founder, Hobson Advisors.Wallace Hobson is a real estate advisor with more than 30 years of experience. For the last ten years, Mr. Hobson has specialized in the resort industry, domestically and internationally. He is the leading international expert on fractional real estate, having completed nearly 200 fractional assignments worldwide. He works extensively with developers, land planners and architects to create market driven master plans for large destination mixed-use resort communities. His forte is deriving creative strategic solutions designed to capitalize on market opportunities and maximize economic returns to investors.
Most recently, Mr. Hobson served as Managing Director of the Americas for NorthCourse Leisure Real Estate Solutions, a Group RCI and Wyndham Worldwide company, and was responsible for overseeing all advisory services in North, Central and South America and the Caribbean.
Gregg Anderson, Global Managing Director, The Registry Collection. As the global managing director, Mr. Anderson is the overall company lead and responsible executive for The Registry Collection brand, an elite exchange program linking more than 135 luxury shared vacation ownership resorts, representing over 160 developments worldwide. He provides strategic direction to a group of product managers in seven regional offices. He is a frequent speaker at conferences and is one of only a handful of authorities on the subject of luxury shared vacation ownership and the concept of reciprocal use programs for this niche segment.
Before joining Wyndham Exchange and Rentals, the parent company of The Registry Collection, his career included positions as Vice President of Acquisitions for Intrawest, Senior Vice President of Sales and Marketing for ClubCorp; and various positions in brand management with The Walt Disney Company in the United States and Japan.
Gregg holds a bachelor’s degree from Florida State University in the United States and attended graduate school in Florence, Italy. He lives with his wife and two teenage sons in Florida. In his spare time he is actively involved as an executive with The Boy Scouts of America.
Dr Richard Ragatz, Ragatz Associates Richard L. Ragatz, Ph.D. is President of Ragatz Associates. His academic background includes a Bachelor’s degree (1961) and a Master’s degree (1963) from the University of California, Berkeley, and a Ph.D. degree in City and Regional Planning (1969) from Cornell University.
Dr. Ragatz has achieved international recognition as the leading feasibility analyst and market researcher in the resort real estate industry. He has been involved in more than 2,500 studies in virtually every state and over 70 countries. Clients include most major developers and lenders in the resort industry. Areas of specialty include feasibility analysis, consumer and product research, economic impact analysis and project assessment.
No comments:
Post a Comment