Timeshare's Bahamian ownership opportunity

Tue, Oct 5th 2010, 10:16 PM

By CHESTER ROBARDS

Business Reporter

crobards@tribunemedia.net

ORLANDO, Florida - Bahamian resort developers could benefit greatly from the timeshare resort model, the Ministry of Tourism's senior director of research told Tribune Business yesterday.

And another tourism expert, who spoke on condition of anonymity, suggested Bahamian investment in timeshares on the Family Islands could be a catalyst to sustainable domestic tourism.

Gary Young, the Ministry official, said a timeshare or fractional development is an opportunity for Bahamians to develop a property that can produce possible year-round occupancies and high per-unit expenditure in the community (based on the traditional we ...

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