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RCI Pacific continues to offer exchange choices through Premium Exchange

0714-2

RCI, the worldwide leader in holiday exchange is continuing to offer exchange choices to members through the Premium Exchange program.

With the Premium Exchange program now in its sixth year, RCI Members are enjoying the flexibility of using their holiday ownership week to stay at non-timeshare resorts in sought after locations.

RCI Pacific Director, Andrew Heslehurst said RCI Pacific was always looking to add more regions to the program.

“We are committed to widening the choice of holiday exchange experiences available to our members.

0714-3“This year’s local destinations include Noosa, Cairns, Palm Cove, the Gold Coast and other city locations.

“We’ve also secured international resorts around the globe in popular destinations such as Italy, Spain, Canada and the United States,” said Mr Heslehurst.

Premium Exchange resorts are available for a small additional fee of AU $99 /NZ 129 when booking an exchange holiday.

For more information, visit www.RCI.com.

Posted in 2014 Enews - 07/14, Australian Timeshare Industry, RCI News | Leave a comment

Interval Leisure Group (“ILG”) has announcement

Interval Leisure Group (“ILG”) has announced that its Board of Directors has authorized a stock repurchase program that enables ILG to purchase up to $20 million of its common stock. ILG has completed purchases under its prior authorization.

The amount and timing of specific repurchases are subject to market conditions, applicable legal requirements and other factors. Repurchases may be conducted in the open market or through privately negotiated transactions. This program may be modified, suspended or terminated by Interval Leisure Group at any time without notice.

Posted in 2014 Enews - 07/14, Australian Timeshare Industry | Leave a comment

Important reminders from the courts

0714-1Source: Australian Institute of Company Directors 

The recent decision of the Federal Court in ASIC v Australian Property Custodian Holdings Limited shines a light on decision-making in the boardroom and corporate record-keeping.

In this case, the Australian Securities and Investments Commission (ASIC) brought proceedings against the Australian Property Custodian Holdings (APCHL) and each of its directors. Justice Murphy agreed with ASIC allegations, finding that the directors had breached their duties as directors and that APCHL had also breached its duties as a responsible entity.

According to Holding Redlich partner Sylvia Fernandez MAICD and general counsel Lyn Nicholson FAICD, his decision is a must read for directors and particularly directors of responsible entities because it considered in detail the value of consensual decision-making as against the obligation of each individual director to form and make known a clear position.

They say the case is a timely reminder that:

  • The minutes recording the board meeting should record discussions of important matters.
  • Those who prepare and approve board minutes are obliged to exercise a high standard of care.
  • Each director is required to actively support a resolution, actively oppose it or expressly abstain from supporting or opposing it, and it is his or her responsibility to ensure that his or her will is expressed and recorded in one of those ways. The practice of a chairman who does not call for votes for and against, but merely states “I think we are all agreed on that” and accepts silence as assent falls short of the standard required by the court. A director’s responsibility is to ensure that his or her will is clearly expressed and accurately recorded and the responsibility is amplified with the importance of the resolution.
  • Section 1308(2) of the Corporations Act 2001 makes it an offence to make a statement in a document required by or for the purposes of the Corporations Act which is false and misleading in a particular material. Company minutes are such documents. Section 1308(4) makes it an offence for the directors, and the company secretary, not to take all reasonable steps to ensure that a statement in such a document is not false and misleading.
  • Section 251A of the Corporations Act strictly requires the minutes to be placed in the minute book within one month.
  • It is an offence for a director of a public company to be present while the board considers a matter in which he or she has a material personal interest, or to vote on a matter. This means that a public company director should disclose the matter, should leave the boardroom before the meeting begins to consider the matter, should not speak to the matter under decision, and should not be present when the vote is taken and, of course, should not vote on the matter. For a director of a private company there remains the obligation to fully disclose the nature and extent of the interest.

Should you have any queries please do not hesitate to contact your HWC Adviser to discuss.

Kind regards
Tony Wilson CPA FAICD

Posted in 2014 Enews - 07/14, Business | Leave a comment

2014 – ATHOC Annual Conference – Denarau Island Fiji

athoc-0414-3“Building on Foundations”

Monday 8th from 5pm, Tuesday 9th & Wednesday 10th September 2014 at the beautiful Sofitel Luxury Hotel in Denarau Island.

Book before August 1 and ATHOC Members only pay $695+GST. Late bird then kicks in at $995+GST per person

It is a promise of big smiles and warm memories in a spectacle of golden beaches, iconic rainforests, and lively entertainment.

Ricardo Montaudon the head of Latin America – RCI will speak on Vacation ownership in Latin America markets and growth of Brazil. Ricardo will focus on the different aspects of each region including the different models used to suit that market, ie. All inclusive fees, paying levies only when the member uses. Not one box fits all!

Draft Conference Program www.athocconference.com.au/program.php#agenda

Mark the dates in your diary. If you would like to recommend a speaker, topic or conference suggestions best get them through quickly.

Accommodation prices and more information can be found at www.athocconference.com.au

Posted in 2014 Enews - 07/14, Annual ATHOC Events, Australian Timeshare Industry, Events, Upcoming Events | Leave a comment

Wyndham Torquay Warms Up with Ultimate Cycle Challenge

Australian Wyndham properties map July2014Wyndham Resort Torquay is promoting a novel idea to its staff to stay active during the cool winter months with a cycling challenge of more than 12,000km that will promote health and fitness as well as build team spirit, in line with the company’s Be Well initiatives.

The resort has started an ultimate cycling challenge which will see 38 employees take to the onsite gym’s stationary bikes and “tour” all of Wyndham Vacation Resorts Asia Pacific’s properties across mainland Australia.

Each staff member will take turns riding the stationary bikes each week, eventually riding the 12,230km distance between the network of resorts located across Victoria, New South Wales, Queensland and Western Australia. The team has pedalled about 2,212km to date and the tour is expected to take approximately six months to complete.

Wyndham Resort Torquay General Manager, Daniel Aitken said the cycle challenge was developed in response to the company’s Be Well initiative which promotes a healthy lifestyle to its employees through a number of programs and initiatives throughout the year.

“As we were coming into winter we wanted to create an activity for staff that would keep them active as well as keeping their team spirit alive,” he said.

“Wyndham Vacation Resorts Asia Pacific has encouraged us to create activities for staff that embrace the overarching Be Well message of living a healthy and active lifestyle. Our team here has embraced the initiative and their enthusiasm for the cycle challenge has definitely created more team camaraderie,” Daniel said.

Wyndham Resort Torquay is one of Wyndham Vacation Resorts Asia Pacific’s network of 25 resorts across Australia, New Zealand and Fiji. The company’s Be Well program recently appeared on a segment on Channel 7’s Sunrise, naming it Australia’s best place to work.

For more details about Wyndham Resort Torquay visit www.wyndhamap.com/hotels/torquay

Posted in 2014 Enews - 07/14, Wyndham News | Leave a comment

DAE expands availability with cottages across Ireland

DAEDial An Exchange is introducing a range of new holiday cottages in Ireland for its members.

Recently DAE signed an agreement with Imagine Ireland, one of the largest independent self-catering holiday cottages agencies in Ireland.

This will give DAE members access to holiday cottages across both the Republic of Ireland and Northern Ireland. Cottage sizes range from one- to eight-bedrooms and vary from traditional thatched-roof cottages in rural locations to sophisticated city centre apartments.

The Irish cottages are proving very popular and provide the option of a self-contained, self-catering holiday as an alternative to more traditional exchange resorts.

Imagine Ireland has been providing self-catering holidays across Ireland for 10 years and has more than 1,000 carefully inspected holiday cottages to choose from.

DAE managing director Europe, Oliver Green said: “Irish holiday cottages are very popular and demand for them is always high, so we have looked for innovative ways to supply our customers with what they are looking for.

 

 

Posted in 2014 Enews - 07/14, Around the World, DAE (Dial An Exchange) | Leave a comment

Interval International’s mobile app introduces customized getaway alerts

ii-logoInterval International announced that the latest version of the Interval International app for iPhone, iPad, and Android devices gives members the ability to create customized Getaway Alerts to notify them as soon as their desired vacations become available.

“Interval’s Getaway program — weeklong vacations priced affordably, without the need to exchange — is one of our most popular benefits,” said Madeline Berges, Interval’s vice president of e-commerce and digital marketing. “Now, members can use the Interval International app to conduct an ongoing search for their preferred Getaways, without having to re-enter selection criteria. Adding the alerts lets members receive timely notifications, so they won’t miss an opportunity.”

Getaways are offered in every season in destinations around the globe, including the Caribbean, Florida, Hawaii, Mexico, and Europe. Members can lounge on a tropical island, find thrills at a theme park, or enjoy a romantic escape from just US$224 a week. To create a Getaway Alert with the Interval International app, users select destinations or resorts, travel dates, and the desired number of bedrooms, then name their alert. Members can have up to 15 alerts active at one time and must act fast once notified as inventory is booked on a first-come, first-served basis.

Since its 2010 debut, the app has been downloaded more than 280,000 times. Other app features include the informative Interval HD videos; Interval World® magazine filled with destination articles, travel tips, and more; and the Resort Directory with detailed descriptions and photos. Users can also share resort and travel information with family and friends on social media.

“Consumers have integrated all the great features of the Interval International app into their lives,” Berges added. “The alerts make the app an even more valuable membership benefit.”

To download the free app, visit The App StoreSM or the Google Play store.

 

 

Posted in 2014 Enews - 07/14, Around the World, Interval International | Leave a comment

ATHOC Industry Race Day – Saturday 31 May, 2014

0614-3We had around 160 for our race day this year and once again it was a huge success with every-one wanting to know when the next one will be. A big thank you to all our sponsors and business’s that donated prizes. The winners on the day were:

Raffle prizes – winners

Riverlakes Golf & Country Club – round of golf including buggy for 4 players- Donated by SourceLinx
Winner: Sharon Norburn

Accor Vacation Club – 5 night’s accommodation for 2 adults in a 1 bedroom unit at Freshwater Point Resort
Winner: Ashleigh Powell

Gold Coast Turf Club – Reserved seating for 2 in the Skyline Restaurant with a 4 course Table D’hote luncheon (drinks not included) including members car parking, admission to the Gold Coast Turf Club, members stand access
Winner: Simon Barrow

Dracula’s – 2 tickets to dinner and show at Dracula’s Cabaret
Winner: Sarah – Southport Hair

Riverlakes Golf & Country Club – round of golf including buggy for 4 players

Donated by SourceLinx
Winner: Nick Page

Back in Motion – A pilates assessment + 1 on 1 Pilates session plus 5 pack of semi-private Pilates classes
Winner: Leigh Bakewell

Classic Holidays – 7 nights accommodation at any Classic managed Resort
Winner: Stephanie Kewming

0614-2Competition Winners

BEST DRESSED LADY
Winner: Gail O’Neill

BEST DRESSED MAN
Winner: Dennis Walker

BEST HAT
Winner: Layla Wright

BEST DRESSED COUPLE
Winner: Arrien McKenzie & Mark Anderson

BEST SHOES
Winner: Arrien McKenzie

MOST COLOURFUL OUTFIT
Winner: Tara Chilcott

RACE 6
Suns signed football – Andrew Joy

Click here to view the image gallery.

Posted in 2014 Enews - 06/14, Annual ATHOC Events, Australian Timeshare Industry | Leave a comment

ATHOC 23rd Annual Industry Awards – Gold Coast Arts Centre – Friday 25 July 2014

2014-IndustryAwardsInvite

Help us celebrate the industry’s outstanding achievers at this year’s awards night at The Arts Centre Gold Coast. We will be dancing the night away to the “Sex & Chocolate”.

All nominees should have interview dates and times. Judging will commence from Tuesday 10 June until Friday 27 June.

This year’s theme is “SPLASH OF RED!”

Posted in 2014 Enews - 06/14, Annual ATHOC Events, Australian Timeshare Industry, Business, Events, Upcoming Events | Leave a comment

2014 – ATHOC Annual Conference – Denarau Island Fiji

athoc-0414-3“Building on Foundations”

Monday 8th from 5pm, Tuesday 9th & Wednesday 10th September 2014 at the beautiful Sofitel Luxury Hotel in Denarau Island.

Book before August 1 and ATHOC Members only pay $695+GST. Late bird then kicks in at $995+GST per person

It is a promise of big smiles and warm memories in a spectacle of golden beaches, legendary theme parks, iconic rainforests, and lively entertainment.

Experiences; Migrating to the Cloud; and making sure you are up to date on the new Privacy Laws!

Mark the dates in your diary. If you would like to recommend a speaker, topic or conference suggestions best get them through quickly.

Accommodation prices and more information can be found at www.athocconference.com.au

Posted in 2014 Enews - 06/14, Annual ATHOC Events, Australian Timeshare Industry, Business, Events, Upcoming Events | Leave a comment