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Brazil To Host Conference On Growth Potential Of Shared Ownership In South America

RCI, a leader in vacation exchange, and HVS Buenos Aires, are organizing the first South American Shared Ownership Investment Conference - SASOIC 2010.

International experts will analyze new business opportunities in the
South American market from May 31-June 1, 2010.

April 16 - In view of the significant growth in the South American leisure-oriented real estate and vacation property industry in recent years, RCI, a leader in vacation exchange, and HVS Buenos Aires, a leading consulting firm in the hotel, tourism, and leisure industry, are organizing the first South American Shared Ownership Investment Conference - SASOIC 2010, a unique event of its kind where the growth potential of these industries across South America will be analyzed and discussed.

SASOIC 2010 will be held at the JW Marriot in Rio de Janeiro on May 31-June 1. The conference is aimed at businessmen, manufacturers, and hotel chain consulting firms, building companies and real estate agents, and investment and financial institutions, among others.

Based on information and figures provided by RCI last March, the leisure-oriented real estate market in South America has developed important strengths and, despite the difficult economic situation, has succeeded in attracting new investors and players to the market. Thus, and again according to RCI, at the end of last year, there were 21 new tourist developments related to a vacation exchange company in South America, which increased their number in the region to 428, i.e. a healthy 35 percent of the total range of these developments in Latin America.

In this context, the purpose of SASOIC 2010 is to encourage the sharing of experiences among local and international developers of vacation clubs and fractional property so as to explore growth and expansion opportunities in South America. Likewise, and with a special focus on the Brazilian market (which according to RCI data has accounted for the highest sales rate of vacation intervals throughout the region), conference participants will learn more about the needs of Brazilian customers regarding this line of business and thus develop products that may meet their vacation and leisure expectations. SASOIC 2010 stands out as a key regional event for strengthening the leisure-oriented real estate industry as a strategic activity for development in South America.

In order to achieve its goal, the structure of SASOIC 2010 has been built around discussion panels –consisting of international investors and businessmen- and keynote conferences by experts and analysts of the industry in the Americas and in Europe. Participants will therefore gain in-depth knowledge of avant-garde design, the focus on developing value-added services, and the new amenities that contribute to meet the needs and demands of increasingly sophisticated and discerning customers.

Luis Mirabelli, Business Development Vice President of RCI South America, stated: “SASOIC 2010 will be a world class event that RCI and HVS are proud to organize with the aim of encouraging the development of the leisure-oriented real estate industry in major tourist destinations in Brazil and in other South American countries having a huge potential to attract investors and generate growth opportunities for the real estate, hotel and vacation and fractional property business”.

Arturo García Rosa, President of HVS Buenos Aires, HVS Lima and of SAHIC (South America Hotel & Tourism Investment Conference) pointed out: “The Shared Ownership industry and its different schemes and vacation property have a great future in Brazil and in other important South American destinations. SASOIC 2010 is a great opportunity to share experiences and participate in a business with a bright future”.

For more details on the event, please visit www.sasoic.com

About RCI
RCI, part of Wyndham Exchange & Rentals, is a global leader in non-hotel leisure accommodations with exclusive access to more than 65,000 vacation properties in more than 100 countries worldwide. Wyndham Exchange & Rentals comprises RCI®, a worldwide leader in timeshare ownerships and in business and leisure travels; and The Registry Collection®, the world’s largest luxury exchange program. RCI also includes vacation rentals, such as Endless Vacation Rentals (sm), Landal Green Parks®, Novasol® and other 30 brands available to consumers wishing to rent vacation packages in a wide range of properties, from urban apartments to cottages and exclusive villas in the countryside.
Wyndham Worldwide Corporation is one of the largest hospitality companies worldwide.

For more information please visit:
www.rci.com
www.wyndhamworldwide.com

About HVS
HVS is the world’s leading consulting and services organization focused on the hotel, restaurant, shared ownership, gaming, and leisure industries. Established in 1980, the company performs more than 2,000 assignments per year for virtually every major industry participant. HVS principals are regarded as the leading professionals in their respective regions of the globe. We are client driven, entrepreneurial, and dedicated to providing the best advice and services in a timely and cost-efficient manner. Through a worldwide network of 30 offices staffed by 400 seasoned industry professionals, HVS provides an unparalleled range of complementary services for the hospitality industry. For further information regarding our expertise and specifics about our services, please visit www.hvs.com.

HVS Buenos Aires, which this year celebrates its 10th anniversary of operations in the region, actively works in the Latin American market offering a wide range of services both for the hotel industry and for tourist destinations and projects. This consulting firm founded by Arturo García Rosa in 1995 was established as HVS Buenos Aires in 2000. It is focused on providing services to the hotel and tourism industry in the region, including, in addition to Argentina, other countries such as Chile, Peru, Ecuador, Colombia, Venezuela, Panama, Costa Rica, Bolivia, and Paraguay, among others.

Since 2008, it has been organizing the South American Hotel & Tourism Investment Conference (SAHIC), which has become a classical event in the investment world in the region. This year’s edition is scheduled to take place in Cartagena, Colombia, on September 27-28, 2010.

For more information please visit:
HVS Buenos Aires
www.sahic.com