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TATOCConference2013AlBentleyDiamondResorts
1. Annual Conference 2013
Finding Solutions
Changes in the Marketplace
Presented by
C. Alan Bentley
EVP and Chief Financial Officer
Diamond Resorts InternationalÂź
TATOC Annual Conference 2013 - Finding Solutions
2. Changes in the Marketplace
âą Consumers Look at Tourism
âą Changing Products for the Timeshare
Industry
âą Changes in the Competitive Landscape
TATOC Annual Conference 2013 - Finding Solutions
3. Changes in the Marketplace
How Consumers Look at Tourism
âą Travel and tourism industry continues its resilience despite the
global economic conditions
âą Consumers are taking shorter trips, but higher spending
âą Travelers are older and book online more than ever
âą South America and Asia drive global travel growth
âą Stable growth for European tourism in 2012 with modest growth
anticipated for 2013
âą Increased bookings in alternative accommodations private villas
Some Information extracted per ITB Berlin
TATOC Annual Conference 2013 - Finding Solutions
4. Changes in the Marketplace
Changes in Products for the timeshare
industry:
âą Shorter duration of ownership
âą More flexibility of usage
âą Higher service demand
âą Fractional ownership product
TATOC Annual Conference 2013 - Finding Solutions
5. Changes in the Marketplace
Changes in the Competitive Landscape
âą Consolidation of middle market companies with larger competitors
ï Why the Companies were in trouble
ï Availability of finance for acquisitions
ï Taking over and operating distressed assets
ï Impact on the consumer
TATOC Annual Conference 2013 - Finding Solutions