The American International Real Expo and Conference (AIREEC) September 5-7 2008 to be held at the Los Angeles Convention Center aims to bring together over 10,000 attendees from over 30 countries in its commitment to stimulate globalization and business. This year's theme is The Business of Global Second Homes and Resorts, which responds to the tsunami of aging baby boomers entering their retirement years and the emerging "new rich" market from developing countries.
AIREEC is bringing in over 60 world renowned speakers, experts and leaders to talk about trends, updates, solutions, choices and options on the emerging "fad" of global 2nd homeownership.
One of the Keynote Speakers of AIREEC USA 2008 is ARDA's CEO. Mr. Howard C. Nusbaum, RRP is currently the president and chief executive officer of the American Resort Development Association (ARDA), the Washington D.C.-based professional association representing the vacation ownership and resort development industries.
Established in 1969, ARDA today has over 1,000 corporate members ranging from privately held firms to publicly traded companies and international corporations with expertise in shared ownership interests in leisure real estate.
The ARDA membership community includes timeshare owner associations (HOAs), resort management companies, industry vendors, suppliers and consultants, as well as owners through the ARDA Resort Owners Coalition (ARDA-ROC). It promotes the growth and development of the timeshare industry through a variety of capacities.
Timeshare, also known as vacation ownership, continues to lead in the hospitality sector with steady growth, due in large part to the industry's constant innovation developed in response to consumer lifestyle needs and vacation preferences.
As ARDA reports: Combined direct, indirect, and fiscal impacts in 2005 by the U.S. timeshare industry contributed an estimated $92 billion to the U.S. economy in 2005. This included $62 billion in consumer and business spending; 565,300 full- and part-time jobs; over $21 billion in salaries, wages, and related income; and approximately $8.5 billion in tax revenue.
The Timeshare industry will be one of the recipients of the 18 year travel boom that the baby boomers' will create in their pursuit to live their lifelong dream and distinctive "Life After Retirement", claims Susan Barlin, CEO of ECPI, the organizer of AIREEC USA 2008. The U.S. alone has about 78.2 million baby boomers (Source: U.S. Census Bureau, 2005) that are looking to travel a lot and retire actively.
"Our message to American baby boomers is that they have many choices and options in how they can achieve their dream to retire luxuriously at prices they can afford if they will learn the solutions" says Susan Barlin, CEO of ECPI. "This 18-year travel boom has already begun as the first batch of baby boomers has turned 62 this year. This will bring big business, stimulate economies and benefit industries like Timeshare, Tourism, Airline, Hotel, Hospitality, Resorts, Developers and even Hospitals here and abroad." she exclaims.
Susan Barlin's tip was to continue to explore and provide for the needs of the baby boomers and you are going to be in a good business position for the next 18 years. And don't forget that the baby boomers are also the decision makers for their parents' retirement!
Source: AIREEC
