Vacation in Property

The Registry Collection luxury exchange program, an international service provider to the luxury leisure real estate market, announced a strategic alliance with Pam Golding VIP (Vacation in Property), a new division of Pam Golding Property Group.
“The luxury leisure real estate category includes various products such as fractionals, private residence clubs, condo hotels and whole-ownership condominiums that people use for vacations,” said Ivor Clucas, president and chief executive officer of The Registry Collection Asia, Pacific and Africa.

“Our goal is to offer the best possible selection of outstanding properties from each of these market segments within The Registry Collection to provide developers and owners with the many benefits of our world-leading services,” Clucas said.

Pam Golding VIP offers an international brand in luxury vacation ownership and is a new division of Pam Golding Properties, one of South Africa’s leading real estate companies. VIP assembles, designs, markets and sells luxury member owned Private Residence Clubs, condominium hotels and serviced apartments.

Jose Ventura, managing director of Pam Golding VIP, states “Our alliance with The Registry Collection gives us the benefit of differentiating ourselves to developers with an international brand already known for its world-class standards of luxury and service. The Registry Collection also offers us a wealth of expertise upon which to draw. We are in an excellent position to help the market reach its full potential and to make South Africa an even more attractive choice for those who want not only to invest in luxury but also to enjoy it.”

According to Joop Demes, managing director of Golding Hotel Investment Consultants, the sale of high end fractionals and private residence clubs globally have shown strong growth in recent years. “Africa is poised for additional growth because of its strong real estate market and active hospitality sector,” he said.

Affiliate developers of The Registry Collection can leverage the program’s global marketing services and products to assist in accelerating sales through unique membership business models. In addition, vacation owner members of The Registry Collection are entitled to discounts on a variety of offerings from Collection Partners, which include private jet rentals, yacht charters, elite automobile rentals, Abercrombie & Kent Worldwide Travel, and access to premier sporting events.

The Registry Collection is offered by Cendant Corporation (NYSE: CD), a global provider of business and consumer services in travel and real estate. To date, The Registry Collection has 78 affiliate resort members in America, Canada, Europe, Mexico and Africa.

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