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Press Release

Shared ownership sector gathers in the Gulf

28th November 2011


Summit MENA  logo

 

 

 

 

 

More than 70 industry professionals from across the fractional and vacation ownership sectors gathered at Dubai's iconic Burj Al Arab hotel last week for theShared Ownership Fractional Summit MENA 2011.

Delegates from countries including Oman, Qatar, Saudi Arabia, Dubai, Spain and the UK, and from companies such as Qatari Diar, Colliers International, Wyndham Hotel Group, RERA, Quintessentially and Deloitte converged on Dubai to debate the future of shared ownership in MENA and its significant potential for growth in the region.

The gathering began on Sunday November 20th with a tour of the impressive Bonnington Tower in the Jumeirah Lakes district. Followed by a desert 4x4 safari which culminated in a meal and entertainment beneath the stars.

The conference took place in the Burj Al Arab's 27th floor ballroom, which offered incredible views of the Dubai coast and skyline.
Subjects debated included local real estate regulation; the potential of various MENA destinations for shared ownership growth; how to conceive, plan and execute a shared ownership resort; and how to convert whole ownership inventory to fractional ownership.

Piers Brown of event organizer Fractional Life said: “This year’s MENA conference took up where last year’s Abu Dhabi event left off, attracting an even higher quality audience and an impressive roster of speakers. The seminars and debates were lively and informative, and the location was simply stunning. We are very excited by the MENA region’s potential for growth across all the shared ownership sectors and look forward to returning next year.”

Delegate feedback 2011


“High quality information, speakers who are clearly at the forefront of their industry sectors”
Jerry Parks, partner, Taylor Wessing

“Today has been a great learning opportunity to expand my knowledge and get a clear understanding of all aspects of the shared ownership industry”
Kirsten Colquhoun, Emirates Vacation Club

“Always interesting to meet with professional industry colleagues and exchange thoughts”
Kholoud Taha, general manager, Arabian Falcon

“An educational and quality event”
Ahmed Zaki, head of sales and marketing, Burooj Properties

Notes to editors

About Fractional Life
From a fractional jet to fractional real estate, Fractional Life is the number one consumer lifestyle brand dedicated to growing the fractional ownership marketplace. The company has three divisions: interactive, b2b fractional conferences and consumer exhibitions.

Events

Fractional Summit Europe, February 27 and 28, Marriott Grosvenor Square, London

28/11/11