Shared Ownership Solutions

The reduction in inbound vacation visitors to the Caribbean and a more conservative approach to investing in second-home property has revived interest in the shared ownership concept with resorts and hotels looking to diversify their product offering.

Shared ownership is a proven and effective means for developing tourism, especially when the project is well planned, carefully developed, and properly marketed and sold.

Historically vacation owners tend to travel irrespective of the economic environment as they have purchased their vacations on a long-term basis. Indeed, many are the first to travel again returning to their resorts due to feelings of security and loyalty.

An example of this is in Mexico where after an outbreak of flu, hotels were empty but those with shared ownership were running at 80 per cent occupancy.

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Services

This is where Shared Ownership Solutions steps in. Based in Barbados, the company has been established to help hotels, resorts and condo owners diversify and generate new opportunities in the shared ownership sector and to:

Deliver our extensive years of experience, industry knowledge and critical connections in all aspects of the shared ownership business.
Deliver our comprehensive range of services designed to assist local developers and hoteliers increase their revenue opportunities.
Deliver a proven, trusted and robust business model
Attract overseas hospitality brands to add timeshare, fractional or private residence accommodation to their extensive portfolios.

CEO Michael Ashton has over 25 years’ knowledge and experience within the shared ownership vacation industry covering different geographical markets, including the U.K., Europe, the U.S., Canada and Asia.

Our Expertise

Shared ownership developments combine the best of both worlds – the core hotel or resort offering with a complementary portfolio of annual fee-paying shared ownership options.

Our team’s expertise covers:

Product development
Sales
Marketing
Resort operations
Owner services
Resort software
Exchange

In addition, through Shared Ownership Solutions partners, we can offer:

Feasibility studies
Ownership structures
Usage plans
Independent trustee structures
Club administration
Collection services
Compliance

Shared Ownership Facts & Figures

Recent analysis released by ARDA (American Resort Development Association) highlights the impact the shared ownership/timeshare has on the US economy in general and by certain states.