Tuesday, March 28, 2006
Tennessee-Based Company To Bring Timeshare and Fractionals to People’s Republic of China
Grandview of China, LLC (McMinnville, TN) has announced it has entered into an exclusive agreement with Shenyang Sing Feng Da Tour Consultation and Service Ltd. (Shenyang, Liaoning Province, People’s Republic of China) to provide its expertise in the establishment and development of timesharing and fractional property laws, oversight, enforcement, licensing, training as well as selling, managing and developing vacation exchange trade to Liaoning Province.
The agreement includes 422 timeshare resorts located in Beijing, Dalin, Dandong, Benxi City, Shenyang, Shanghai and other cities in Southern China. More than half are Five and Four-Star Resorts. All in all there are 75,000 Exchange Weeks covered in the exclusive agreement. Beijing is the site of the 2008 Olympics. Shenyang is host to the International Horticulture Expo from May until October 2006.
In addition to providing all training and continuing education necessary to assure that Chinese personnel meet or exceed United States and international standards, Grandview of China will also offer timeshare travel packages under the name Grandview Dream Packages.
Brian Kemp, COO, Grandview, with the counsel of Gray Sasser (son of the former U.S. Ambassador to China, Jim Sasser) and Joe Looney (former Legal Council for Fairfield Communities), drafted the laws enacted on March 20 throughout China for the purpose of regulating timeshare fractional and vacation club offerings for all provinces in the People’s Republic of China.
“Although China had enacted Real Property Law recently, nothing had been codified in the timesharing/fractional sector. Now that it has our industry may move forward with providing the best vacation products possible to the Chinese public as well as tourists and visitors from abroad,” said Kemp. “During my recent visit it was clear that the people of China are open for travel from all nations; they are resolute in their desire to share the beauty and hospitality found only in China. Grandview of China is extremely proud to be the exclusive provider of timeshare, fractional and exchange services for this exotic and wonderful destination.”
The agreement includes 422 timeshare resorts located in Beijing, Dalin, Dandong, Benxi City, Shenyang, Shanghai and other cities in Southern China. More than half are Five and Four-Star Resorts. All in all there are 75,000 Exchange Weeks covered in the exclusive agreement. Beijing is the site of the 2008 Olympics. Shenyang is host to the International Horticulture Expo from May until October 2006.
In addition to providing all training and continuing education necessary to assure that Chinese personnel meet or exceed United States and international standards, Grandview of China will also offer timeshare travel packages under the name Grandview Dream Packages.
Brian Kemp, COO, Grandview, with the counsel of Gray Sasser (son of the former U.S. Ambassador to China, Jim Sasser) and Joe Looney (former Legal Council for Fairfield Communities), drafted the laws enacted on March 20 throughout China for the purpose of regulating timeshare fractional and vacation club offerings for all provinces in the People’s Republic of China.
“Although China had enacted Real Property Law recently, nothing had been codified in the timesharing/fractional sector. Now that it has our industry may move forward with providing the best vacation products possible to the Chinese public as well as tourists and visitors from abroad,” said Kemp. “During my recent visit it was clear that the people of China are open for travel from all nations; they are resolute in their desire to share the beauty and hospitality found only in China. Grandview of China is extremely proud to be the exclusive provider of timeshare, fractional and exchange services for this exotic and wonderful destination.”