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Debut of an ingenious form of vacation ownership



Country:  Barbados, Carribean; Canada; Spain; Thailand

Sporting icon, serial entrepreneur and pioneer of the leisure industry, David Lloyd is debuting an ingenious form of vacation ownership that will soon see prestigious resorts all over the world bearing his name.

Setting him apart from his competitors, Lloyd - Chairman of David Lloyd Resorts - has spent the last eighteen months refining the concept of shared ownership to provide a unique and financially astute way of purchasing and owning abroad.

As a consequence David Lloyd Resorts now affords shared ownership in luxury properties on resorts boasting exceptional sporting or leisure facilities enabling purchasers the chance to enjoy properties that would have otherwise been unaffordable to them. Owners will not only hold equity in their vacation property which guarantees two weeks occupancy rights but will also benefit from two additional weeks vacation elsewhere in the world through a flexible resort exchange programme as well as a percentage of the asset going forward.

The idea is not a new one it but has been cleverly polished to provide a judicious method of securing a vacation home over a 10 year period while the lower up front and maintenance costs make it the perfect vehicle for those afraid of venturing into the overseas property market because of current economic uncertainty.

The inspiration for the business model was based on a personal and professional interest in vacation home ownership. As the creator of the acclaimed Sugar Hill Resort in Barbados and Cape Sawan in Phuket, Lloyd - an expert in overseas property, is keenly aware of the pitfalls of maintaining a home abroad and recognises the huge potential for his new concept.

“Leisure will be central to the purchaser’s decision to buy at our resorts and as a result we have created a network of premier resorts that offer outstanding golf, ski, beach, fitness, spa and tennis facilities. In Canada for example, on Lac McGale, close to Quebec´s premier ski resort, we are marketing lakeside cabins; our penthouse apartments at Mission Hills Golf Resort in Phuket provide access to a spa and a Jack Nicklaus designed golf course, while in Spain, Desert Springs Resort - a gated community of townhouses and apartments - features golf and a tennis academy. Our intention is to create a network of premier sports and leisure resorts while developing our brand influence within the most popular holiday destinations in the world,” explains Lloyd.

Lloyd´s entry into the market comes with the benefit of a proven track record and a strong brand recognisable in both business and consumer markets and could not have been timed better. With global prices depressed he has acquired property prudently meaning that the scope for owners to benefit from these favourable conditions is enormous. There has never been a better time to buy a dream home abroad, it seems.

May 2010

See Also:   Barbados, Canada, Phuket, Quebec, Spain, Thailand


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