Travel & Outdoors | November 2008
|Raintree Resorts Announces Positive Sales Results|
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Houston, TX – At a time when the national real estate industry is feeling the results of an economic downturn and fallout from a credit crunch, one Houston, Texas-based developer with 10 of its 20 vacation ownership resorts located in Mexico has good news to share.
John Berger, Senior VP, Sales & Marketing for Raintree Resorts International, has recently announced the company’s sales results for the first three quarters of 2008. “Our entire company is over $9 million above our sales performance in 2007 and more than $3.5 million over our projected budget for 2008,” he says.
Berger, who also serves as Senior VP, Raintree Vacation Club & Resort Operations, attributes this positive news to the fact that Mexico, the Caribbean, and Canada are currently the fastest-growing vacation ownership venues in the world outside the United States. “Many leisure travelers are interested in visiting and purchasing vacation time in Mexico,” he added, “and buying at one of our points-based Raintree Vacation Club resorts makes sense for families electing to lock-in future vacations.”
Raintree is the largest independent, U.S.-based vacation ownership company operating in Mexico, with sales offices in Los Cabos, Cancun, and Puerto Vallarta.
At Raintree’s resort in Cancun, where sales were $2.4 million over 2007 in month-to-date performances and $2 million over 2008 year-to-date revenue budget. This included a company record for $4 million set during the month of July. Edgar Straffon is Raintree’s Managing Director Sales & Marketing for Cancun, Los Cabos and off-sites.
Miguel Palazuelos is Raintree’s Managing Director Sales & Marketing Puerto Vallarta, where the company now has two resorts. Puerto Vallarta sales were $1.3 million over 2007 in month-to-date performances and $300,000 over 2008 in year-to-date revenue budget. The Sales Director in Puerto Vallarta is Frank Peluso.
The Cabo San Lucas sales team, led by Director Sales and Marketing Ricardo Arreola, has already exceeded last year’s sales by a million dollars and is nearly $4 million over 2008 in month-to-date results, as well as $1.4 million over 2008 year-to-date revenue budget.
“Even our offsite offices are doing well,” adds Straffon, “with sales from these outlets more than $2 million over 2007 in month-to-date performances.”
About Raintree Resorts
Founded in 1997, Raintree Resorts International has expanded to become the respected leader in luxury developments in popular vacation destinations throughout Mexico, the western United States and western Canada. Raintree Vacation Club (www.raintreevacationclub.com), the exchange arm of Raintree Resorts, is a unique blend of club, resort and hotel hospitality vacation options serving the company’s more than 50,000 owners/Members at their 20 resorts.