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APRIL – JUNE 2017
RESORTDEVELOPER.COM
VACATION INDUSTRY REVIEW
Gonzalez:
“In Mexico, we
have our eyes on U.S. policy
toward the country in terms of
commerce, border security, general
cooperation, and tourism. Our
close relationship with our neighbor
has boosted development, and a
new administration brings many
unknowns. Nevertheless, we
should remember that tourism was
a thriving industry in Mexico even
before trade agreements.”
Nusbaum:
“Although different
jurisdictions have different issues,
some mature markets in the
industry—such as South Africa,
Europe, and the U.S.—are looking at
graceful ways to recycle their existing
product by helping older generations
achieve a soft exit, and then evolving
the product to recapture the next
generation of owners.”
FERNANDO GONZALEZ CORONA,
PARTNER, THE VILLA GROUP
HOWARD NUSBAUM,
PRESIDENT AND CEO,
AMERICAN RESORT DEVELOPMENT ASSOCIATION
STEVE WEISZ,
PRESIDENT AND CEO,
MARRIOTT VACATIONS WORLDWIDE CORPORATION
CRAIG WOOD,
CEO, ACCOR VACATION CLUB
What do you predict will be the industry’s
biggest topic of debate this year?
Weisz:
“I believe, and I’m
sure it’s not just limited to our
industry, but there certainly will
be a watchful eye on how the
new presidential administration
creates a sense of comfort with
the economy that continues
consumers’ positive spending
patterns, and especially on travel.”
Wood:
“China’s growth in
overseas travel, which this year
is set to overtake the U.S. to
become the world’s largest
outbound travel market, should
be a topic of discussion for all
travel-related businesses. The
trillion-dollar question is: How do
we tap into this rich vein of Chinese
affluent households who now
have the ability and desire to travel
internationally?”
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