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CRTA INSIDER
Vacation Ownership News & Updates
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| Canadian Resort & Travel Association |
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| Unlocking Property Potential: The Lemonjuice Solutions Approach | Source: Lemonjuice Capital Solutions | Lemonjuice Solutions is proud to announce a major milestone – a $30 million investment to revitalize legacy timeshare resorts. This achievement reflects our unwavering commitment to transforming these properties into vibrant, sought-after vacation destinations through a strategic and quality-driven approach to resort management. |
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| GNEX-ACOTUR 2024 Conference Kempinski Cancun, Nov. 5-7 | Source: GNEX ACOTUR | GNEX-ACOTUR is the only Mexican Conference that is 100% in English, offering unrivaled networking opportunities with the largest resort developers, vacation clubs and vendors from the region and beyond. This event is attended by senior-level executives from travel industry companies spanning Mexico, USA, Canada, Caribbean and more |
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VACATION OWNERSHIP & TRAVEL INDUSTRY NEWS | VACATION OWNERSHIP
& TRAVEL INDUSTRY NEWS
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| After Hurricane Helene, a vacation became a voluntourism opportunity | Source: Travel Weekly | After initial pleas from government officials for tourists to stay away, some areas here are reopening and want tourists back. Visit Smokies, a nonprofit tourism-promotion group, put up a billboard in Clayton, Georgia, en route to the Smoky Mountains. It read "Visitors Needed" in capital letters and listed 11 towns in southwestern North Carolina, including Franklin, Highlands and Cashiers. |
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| Bank of Canada makes a chunkier rate cut, lowering by half point for 1st time since pandemic | Source: CBC News | Macklem outlined the economic conditions that informed the bank's rate cut decision. He noted that core inflation is within the bank's target. Housing inflation, which has been driving headline inflation up for much of the year, is gradually easing, though prices are still elevated. And global oil prices have fallen. He noted that the economy is seeing an excess of supply of goods and services. Canadians are still cutting back on discretionary spending as inflation and high interest rates have pummelled their purchasing power in the last few years. |
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| Is it safe to visit Cuba? What Canadians need to know about the current advisory | Source: Vancouver Is Awesome | Canada gives the green light (normal security precautions) for travel to resort areas, including Cayo Largo del Sur, Jibacoa, Marea del Portillo, Playa Ancon, Playa Santa Lucia, and the Varadero Peninsula. It also says travellers are relatively safe to travel to the country's capital, Havana, and the Archipelago of Jardines del Rey (Cayo Coco, Cayo Guillermo, Cayo Paredon Grande, and Cayo Santa Maria). |
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RANDOM BITS & NEWS BITES | RANDOM BITS & NEWS BITES |
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| TSA Makes Final Ruling on Real ID Requirements at Airport Checkpoints | Source: TravelPulse | Effective November 25, 2024, this final rule allows states to apply to TSA for a temporary waiver of certain REAL ID requirements written in the REAL ID regulations. Once approved, those states Mobile Driver’s Licenses (mDLs) will continue to be accepted at TSA airport security checkpoints. |
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| Biden administration launches broad inquiry into air travel competition market | Source: Reuters | The U.S. Justice Department's Antitrust Division and the Transportation Department said on Thursday they are launching a broad public inquiry into the state of competition in air travel. USDOT last month opened a probe into the frequent flyer loyalty programs of major airlines and pressed them to adopt new customer service protections. |
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| Cuddle Cap Limits Airport Farewells | Source: Travel Industry Today | Emotional farewells are a common sight at airports, but travellers leaving the New Zealand city of Dunedin will have to be quick. A new three-minute time limit on goodbye hugs in the airport’s drop-off area is intended to prevent lingering cuddles from causing traffic jams. “Max hug time three minutes,” warn signs outside the terminal, adding that those seeking “fonder farewells” should head to the airport’s parking lot instead. |
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| Canadian Resort & Travel Association 3434 McKinley Beach Dr. #404 Kelowna, BC V1V 0H3 Canada | +1 (647) 613-5464 | [email protected] | canadianrta.org |
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