HCM CITY (Biz Hub) — Paradise Bay Resort Company Limited yesterday opened an office in HCM City to popularise the holiday-ownership model in Viet Nam through the Alma Resort it is building in Nha Trang.
Brian Martin, the company’s general director, said buyers could stay for one to three weeks every year for 40 years in an apartment at the resort by paying US$10,000-25,000.
In addition, buyers can exchange their holiday ownership with counterparts around the world and enjoy holidays in destinations such as London, New York, Florida, Australia, and Thailand.
Globally, this model has been in vogue for decades, and holiday-home owners participate in a global community and exchange holiday homes. There are more than 5,300 fractional ownership resorts around the world with a total of 497,000 units and 20 million owners. — VNS
- Good timing for seaside holiday deals
- Time-share vacation apartments and villas multiply on central coast
- Numerous tours for holiday goers
- Travel demand waxes as long holiday weekend approaches
- New luxury hotel opening in Viet Nam
- Sun beats down on glut of resorts
- Timeshare resorts lure cash-starved investors
- Special time of the year
- Valentine's Day offers bouquet of options
- Vinpearl Resort & Villas: Perfect Destination For End-Users, Investors
- Resort, pagoda overlooking world’s fourth largest border waterfall open in northern Vietnam
- Blue Ocean opens new spa
- More options for travelers to Vung Tau
- Furama to open doors to new investors
- Ho Tram holds the cards to become leading resort
- Theatre goers eager for options
- Resort developers yet to find the sun
- Sleepy paradise opens its eyes
- Real Madrid $1 bln Gulf resort eyes funding options
- Awesome vacations, holiday revelry
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