Monday, January 30, 2006

 

The Providence Group Poised for Timeshare Growth in 2006

Because of its intense focus on improving timeshare operations, sales and marketing and overall profitability for client properties, The Providence Group, a management consulting firm for hotel and timeshare resorts, surpassed forecasted revenue expectations in 2005 by 22 percent.

Last year, the privately held corporation launched a new division, Villa Consultants International, to serve the luxury villa timeshare rental market. “Villa Consultants International fulfilled a previously unsatisfied need in the hospitality business by helping owners add value through our expertise in turning around operations, guaranteeing a quality experience for the guest and ensuring a profitable operation for the owner,” says Jed C. Heller, president of The Providence Group.

“Timeshare board of directors and hotel and villa owners now have a resource they can depend on to provide interim management, while finding GM candidates for ownership approval, then providing an operational overview—all as one service.”

In addition, business continued to grow for The Providence Group as an operational consultant. “We’re able to offer time share management company controls to properties without the management company bills,” Heller explains. “We’re looking forward to doing this same quality work for these companies in 2006.”

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