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CONTENTS

INREVIEW

INEVERY

ISSUE

PROFILES

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RESORTDEVELOPER.COM

vacation industry review

JANUARY – MARCH 2015

Vacation Industry Review

is published by Interval International. It is designed to provide accurate and authoritative information

regarding the subject matter covered. It is published with the understanding that the publisher is not engaged in rendering legal,

accounting, or other professional service. If legal advice or other expert assistance is required, the services of a competent

professional should be sought.

©Interval International Inc., 2015. All rights reserved. Reproduction of any part of this publication without written consent is prohibited.

creative director

Ailis M. Cabrera

senior graphics

manager

John Cavaliere

senior graphic

designer

Maria Garcia-Aguilar

graphic designers

Frank Gonzalez

Cristina Mencia

George Sariego

photo editor

Kimberly DeWees

assistant vice president

graphics and production

Janet L. Orr

production manager

Claire S. Sayan

advertising

Nicole Meck

Interval International

949.470.8324

Nicole.Meck@intervalintl.com

For address changes and corrections,

or to receive a complimentary

subscription, please send an email

to

Nicole.Meck@intervalintl.com .

executive editor

Torey Marcus

editor-in-chief

Betsy Sheldon

staff writer

J.B. Bissell

associate editor

Jacquelyn Kalis

IN BRIEF

AIF Quarterly Pulse Highlights

8

MEETINGS

Shared Ownership Investment

Conference in Miami

18

MEETINGS

RDO5 in London

20

MEETINGS

South America Roundup

21

INSIGHT

Do State Governments Get It?

22

MANAGEMENT

Strategies for Board Recruitment

26

LEGAL MATTERS

Timesharing and REITs

28

TECH TALK

In-Room Innovations

30

TRENDS

Pet-Friendly Policies

34

Plaza Hotéis

Adding Timeshare in Brazil

38

Onagrup Hotels & Resorts

Ready to Grow

40

Kat Leisure (Pty) Ltd.

Taking the Fractionals Route

42

VIEWPOINT

The Human Equation

6

INSIDER

Benefits, News,

Updates, and More

10

INSIDER

Global Member

Profile Comparisons

12

PULSE

People and

Industry News

52

page 40

FIND US ON

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1 US$1.24, £0.79, R$3.20; R13.79

R$1*

US$0.39, £0.25,

0.31, R4.33

US$1

0.81, £0.64, R$2.57, R11.13

R1**

US$0.09, £0.06,

0.07, R$0.23