It's gotten kids talking about it. Before it was just another exciting thing. Now kids are really able to see the negative consequences. |
The fractional owner is typically a baby boomer with discretionary income and the time to travel. The whole concept of fractional is that it is an alternative to second home ownership. |
We are doing both fractional and whole ownership. |
We hope to have our first occupancies by the first quarter of 2007 and build out should be in 2011. |
With the rising costs of second homes, fractional ownership is really an affordable alternative. |
You could have ten people in a house, all taking showers one after another, and nobody will get a cold one. Everybody will have heated water. |