TENAFLY, NJ (June 2, 2015) — TBMA has announced its fall meeting to be held in Denver CO, October 25-27, 2015. Board Members & Onsite Resort Managers should RSVP to [email protected]
According to TBMA President, Shep Altshuler, “We are following up on the success of our recent meeting, in Providence that focused on Timesharing 2020 – Creating a Vision for the Future of Legacy Resorts Through Strategic Planning. Among the key issues for TBMA Denver are:
Dealing with sunset clauses within resorts’ governing documents that call for expiration of the timeshare plan.
- Disclosure issues relative to those sunset provisions that affect the resale of timeshare.
- Conversions of deeded interests to trusts to allow more flexible ownership options.
- Vacation clubs and how they can impact on control of a resort and can help generate revenues from non-performing owners’ association controlled inventory.
- The evolution of marketing: A study of ownership preferences for new and younger buyers, and creation of marketing strategies for them.
- The challenges of managing Non-Public Personal Information relative to PCI Compliance.
- Creating and implementing property-improvement plans for refurbishing and reconstruction projects.
- Dealing with new technology challenges at timeshare resorts.
- Reserves and reserve studies: Developing a strategic plan for setting aside funding to keep timeshare resorts in shape to compete in a changing marketplace and current with evolving regulations.
- Finding alternate sources of revenues and funding options.
- Preparing bids to get the right contracts at the right price.
- Planning and implementing new strategies for collections of maintenance fees for current and delinquent accounts.
- Evaluating your resort’s financial health.
- Emerging insurance issues that owners’ associations must consider.
- ADA compliance, a critical component of every strategic plan.
- Establishing an effective owner-services department for guest satisfaction and onsite revenue generation.
- Monitoring a resort’s public image, dealing with transient guests, and utilizing social media.
On Sunday, two special “Meet and Greet” sessions have been scheduled prior to the start of the educational sessions. Board members and on-site resort managers will meet to discuss their common interests and exchange contact information. Other face-to-face networking sessions among TBMA members and industry experts have been scheduled throughout the event.
Shep Altshuler, publisher of TimeSharing Today, formed TBMA in 2011 as a non-profit corporation. Its purpose is to provide education to owner-controlled timeshare HOA Board Members and On-site Resort Managers. Visit: www.TBMAssoc.org
PRESS RELEASE SOURCE: TBMA