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Tough Economy Creates Alliances To Boost Recreational Property Sales

Parkside Victoria Resort & Spa and Epic Real Estate Solutions Inc. Announce Strategic Partnership.

Sales of condominiums and other primary residential properties in British Columbia have been brisk for the past few months, but sales of recreational property are just beginning to recover in early 2010.

Parkside Victoria Resort & Spa in Victoria, BC, recognizes that strategically aligning itself with a specialty real estate sales group will boost sales of its fractional interest real estate. As a result, the $60 million resort hotel has partnered with Kelowna-based Epic Real Estate Solutions Inc.

“We believe our fractional interest residences will be a great fit for Epic’s large database of customers who are looking for alternatives to the expense of whole ownership recreational homes,” says Jim Pearson, Director, Parkside Project Inc.

“Our customers have clearly told us that they want to own a vacation getaway that makes financial sense, where their usage matches the cost of ownership” says Mark West, President of Epic Real Estate Solutions, Inc.

Parkside is a sustainable resort hotel, as well as Canada’s first resort hotel targeting LEED® Platinum Certification for sustainable development and design. The Leadership in Energy and Environmental Design (LEED®) Green Building Rating System and principles of sustainability means a greater connection to the surrounding community and a higher level of environmental health and comfort for Parkside’s guests.

Says Pearson, “Fractional ownership at its essence is green. Instead of typical vacation homes that sit empty for much of the year, our suites are shared. Owners effectively reduce their carbon footprint by sharing amenities and energy usage.”

Featuring world-class amenities including AquaTerre Spa, a private 29-seat movie theatre, Penthouse City Club Lounge and a 25-metre indoor pool, Parkside Victoria Resort & Spa is the only urban resort hotel of its kind offering an exceptional accommodation guest experience and affordable, flexible second home ownership in the heart of downtown Victoria, BC, Canada. For information, go to www.parksidelifestyle.com.

Epic Real Estate Solutions is a Lifestyle Real Estate project marketing and sales brokerage that specializes in creating integrated marketing & sales programs for resort and urban new home communities.

Substantial Growth Experienced In 2009 By Equity Estates And An Even Stronger 2010 Projected

Luxury residence fund posts overall growth of 40 percent, ends year with 30 vacation residences for owner members

Equity Estates www.equityestatesfund.com, the largest and fastest growing luxury residence fund in the country, announced today that the company posted significant gains in 2009, both in terms of new owner members and residences. Equity Estates’ owner members grew by 40 percent in 2009, and the company went from having seven homes at the beginning of the year to 30 homes available by the end of 2009.

“I think our growth is extraordinary given that 2009 represented not only the largest downturn ever in the sector, but perhaps the worst overall year in recent economic history,” said Adam Capes, co-founder of Equity Estates. “Our success is a testament to our unique model and our commitment to creating outstanding vacation experiences.”

Equity Estates added more than 30 owner member families representing 21 full membership equivalents, an overall growth of more than 40%. Much of this growth came in the last quarter of 2009, with the company adding seven new owner members during that time. In addition, one fourth of those new owner members were previously members of other destination clubs, further evidence of Equity Estates’ model being the best in the sector.

The company added handsomely to its residence portfolio in 2009 as well. Last year Equity Estates spent over $8 million on the purchase of two trophy residences in Hilton Head, South Carolina, and Telluride, Colorado. A strategic alliance formed with the largest residence fund in Europe, The Hideaways Club, allowed Equity Estates to become the largest global portfolio of residences available in the U.S. through an equity-based model. The portfolio now has 30 properties in 23 destinations and spans 13 countries.

Equity Estates also managed to reduce leverage in 2009 to below 20% of total assets, and expects to be debt-free by the end of 2010. They also are the only company in the industry that does not currently have anyone trying to get out—a zero person resignation list. Overall, the luxury residence fund could not be in a better position.

“We ended 2009, a perilous year for many, at the top of the industry in regards to performance and yet see endless opportunities for success in 2010 and beyond,” said Philip Mekelburg, co-founder of Equity Estates. “Our growth this past year shows that we are not only the most successful organization in the luxury second home alternative industry, but by far the model that most appeals to savvy buyers.”

About Equity Estates
Equity Estates is a luxury residence fund designed to offer spectacular homes and outstanding vacation experiences in addition to a real estate investment opportunity.  Membership is structured as an equity interest in the fund that owns the vacation homes and offers use of these residences, in addition to appreciation when the homes are sold.  Strict covenants on use of proceeds, financial transparency including an annual audit, strong management and a commitment to service are hallmarks of this fast-growing company.  Founded by managing members wanting to offer all the benefits of second home ownership with none of the hassles, Equity Estates is the smartest way to own and enjoy luxury vacation homes around the world. For more information visit www.equityestatesfund.com or call (800) 413-3340. For media inquiries, please contact Alana Morris at Alana@vocapr.com or (303) 962.9163.

Membership Growth In Latin America Targeted By Exclusive Resorts®

Industry Leader Partners with The Americas Group to Help Reach More Prospective Members

Exclusive Resorts, the world’s leading luxury destination club, today announced it is working with the prestigious consulting firm The Americas Group to increase awareness of its unique membership offerings among affluent families in Latin America.

A private club with Revolution LLC Founder and AOL Co-Founder Steve Case as its Chairman, Exclusive Resorts offers members access to a portfolio of hundreds of luxury residences in dozens of the most desirable vacation destinations in the world. Members also enjoy distinctive personalized service on every trip, access to world-class resort amenities such as private beach clubs and spas, and a welcoming community of fellow successful members and their families.

As the clear leader in the destination club market, Exclusive Resorts has exceeded 90% in member satisfaction with club travel for seven consecutive years. Current club destinations include Peninsula Papagayo, Costa Rica; Grand Cayman, Cayman Islands; Puerto Vallarta and Los Cabos, Mexico; Miami, Florida; New York, New York; London; and Paris, among many other luxury destinations.

Exclusive Resorts membership is structured similarly to a country club, requiring a one-time Membership Fee (75% refundable) and Annual Dues. Flexible membership plans allow members to choose how many days per year they want to travel with the club, from 10 days up to 60 days per year. All members enjoy access to the club’s entire portfolio of luxury residences. With a current Annual Dues rate of $995 (US) per day, Exclusive Resorts membership offers great luxury, flexibility and value to affluent travelers in Latin America.

With 38 years of deep involvement and ongoing presence in Central and South America, paired with a comprehensive understanding of the preferences of affluent travelers from the region, The Americas Group will provide strategic assistance to Exclusive Resorts’ program to reach greater numbers of prospective members in Latin America. The Americas Group brings a team of world-class experts, as well as a Board of Advisors with unprecedented experience and standing in the region. Board members include former President of Costa Rica José María Figueres, former President of Colombia Andrés Pastrana Arango, former United States Senator Bob Kerrey, former Brazilian Ambassador to the United States and Court of St. James Rubens Antonio Barbosa, and former U.S. Ambassador to Mexico Jeffrey Davidow.

“The Americas Group is the pre-eminent U.S.-based consulting and marketing firm focused on Latin America, with unmatched credibility,” said Jeff Potter, Chief Executive Officer of Exclusive Resorts. “We are excited to begin leveraging their deep expertise in the region, to create efficient channels for adding new club members throughout Latin America.”

“Exclusive Resorts has set the standard for the luxury destination club space for seven years, creating a unique way for families and friends to travel together using elegant multi-room villas and cosmopolitan residences that is simply better than any alternative,” said Howard Glicken, Founder, Chairman and Chief Executive Officer of The Americas Group. “We look forward to working with them to showcase their outstanding destinations, service and amenities in this exciting market.”

About Exclusive Resorts

“There’s No Place Like Together.” The world’s leading luxury destination club, Exclusive Resorts is committed to providing its members with rich and rewarding vacations shared with family and friends. Exclusive Resorts combines the best of luxury resorts with the spaciousness and elegance of private residences, offering its members hundreds of homes in dozens of the most sought-after vacation destinations, along with access to world-class resort amenities and exceptional personalized service. Additionally, the club offers its members a variety of unique, private Once in a Lifetime experiences, taking them to fascinating destinations in more than 25 countries on all seven continents. Exclusive Resorts has delivered more than 100,000 vacations to its more than 3,000 members, and has a real estate portfolio valued at over $1 billion. The Denver-based club was founded in 2002 and began providing vacations in 2003. For more information, visit www.exclusiveresorts.com, call (800) 447-8988, and follow Exclusive Resorts on Facebook and Twitter.

About The Americas Group
The Americas Group (“TAG”) is a consulting, marketing and merchant banking firm focusing its activities on Latin America, Mexico and the Caribbean. The Company develops Latin American market entry strategies for U.S. companies and United States market entry strategies for Latin American companies, and then assists them in executing the strategies through a variety of business arrangements, including partnerships with TAG. For more information, visit www.theamericasgroup.net.

Fractional Jobs Available In Turkey

Fractional Yacht Sales Jobs are now available at http://www.fractionalstaff.com with Dames De La Mer based out of UK and Turkey.

Visit http://www.fractionalstaff.com/dames-de-la-mer-turkey/ for more information.

RCI Signs Two Year Advertising Deal With Perspective Magazine & Owners Perspective Magazine

Perspective International is proud to announce a two year advertising agreement was signed recently with RCI, the global leader in vacation exchange and one of the Wyndham Worldwide family of companies (NYSE:WYN) for its leading independent timeshare and fractional trade and consumer publications.

 “The experience and understanding of the shared vacation ownership industry that Paul and Sharon Mattimoe have ensures that Perspective and Owners Perspective Magazines represent a very good information source for our industry and its consumers. Continued innovation, online growth and strong market reach are Perspective International’s key success factors and why they represent great opportunities for both existing businesses and new entrants within the industry. It is for these reasons that RCI is happy to continue its support of Perspective International” Says Dimitris Manikis, Vice President of Business Development, RCI.

 The new agreement extends and enforces the relationship between RCI and the publications that have grown rapidly since being introduced to the industry.

 “I am delighted to have continued support from RCI for both our consumer and trade publications, both of which are about to have further significant growth in 2010, with Perspective Magazine announcing regional versions and Owners Perspective Magazine continuing to win distribution deals with major brands outside of the industry and increasing its effect on consumer perception. RCI’s teams both in Europe and United States have been incredibly supportive for the past few years and a new two year deal helps us to continue to forge ahead with the confidence that we are delivering value and results.” Says Paul Mattimoe, CEO of Perspective International.

 About Perspective Magazine
Perspective Magazine, which was first published in 2005, became the largest independent monthly publication globally for the shared ownership industry in 2008 and recently has begun its expansion program to deliver regional versions which concentrate in even more detail on issues directly relating to the marketplace in those areas. The first to launch was a North America Edition, with a South Africa Edition planned for launch in July 2010. Visit http://www.perspectivemagazine.com for more information.

 About Owners Perspective Magazine
Owners Perspective Magazine is the only consumer publication for the shared ownership industry available to the general public via first class airport lounges worldwide, selected hotels, resorts, golf clubs and spas and individual print and online subscriptions. Its main focus is educating prospective buyers on the benefits of shared ownership products. Visit http://www.ownersperspective.com for more information

 About RCI
RCI is part of Wyndham Exchange and Rentals, the worldwide leader in vacation exchange and the European leader in vacation rentals, with exclusive access for specified periods to more than 73,000 vacation properties in approximately 100 countries. Wyndham Exchange and Rentals is comprised of vacation exchange, including RCI, the worldwide leader in vacation exchange and provider of travel services to businesses and consumers and The Registry Collection program, the world’s largest luxury exchange program; vacation rentals, including Endless Vacation Rentals, Landal GreenParks®, Novasol®, and other renowned vacation rental brands, through which vacationers can rent a variety of property types, from city apartments to villas; and NorthCourse® Leisure Real Estate Solutions, an international leader in providing a full spectrum of advisory, research, and asset management services. Wyndham Worldwide Corporation is one of the world’s largest hospitality companies with leading brands in lodging franchising, vacation ownership, vacation rentals and vacation exchange. For additional information visit www.grouprci.com or the media center of www.wyndhamworldwide.com.

 For additional information on the services offered to developers by RCI and how they can add potential value to leisure real estate projects, visit www.grouprci.com.

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