Vancouver Real Estate Forum 0 8 Vancouver Real Estate Forum 0 8 - - PowerPoint PPT Presentation

Vancouver Real Estate Forum ‘0 8 Vancouver Real Estate Forum ‘0 8

Resort & Luxury Real Estate Trends Peter Dupuis Resort & Luxury Real Estate Trends Peter Dupuis

Resort & Luxury Defined

• A “Resort” is a place or destination where
• wners and guests go to relax, recreate or

engage in sport and leisure

• “Resort Real Estate” is defined by zoning,

service level, amenitization, rental revenue potential, demand as a destination

• A “Luxury” is a good or service that is an

indulgence rather than a necessity

• “Luxury Real Estate” is defined by design,

quality of finishing, superior location, brand and/or FF&E

• A “Resort” is a place or destination where
• wners and guests go to relax, recreate or

engage in sport and leisure

• “Resort Real Estate” is defined by zoning,

service level, amenitization, rental revenue potential, demand as a destination

• A “Luxury” is a good or service that is an

indulgence rather than a necessity

• “Luxury Real Estate” is defined by design,

quality of finishing, superior location, brand and/or FF&E

Com m on Developer Challenges

• Lack of clear vision
• Poorly defined and misaligned product
• ffering
• Development strategy does not match

market strategy

• Undercapitalized
• Delays in Approvals or Entitlement Risk
• Poor Marketing & Sales Execution
• Lack of clear vision
• Poorly defined and misaligned product
• ffering
• Development strategy does not match

market strategy

• Undercapitalized
• Delays in Approvals or Entitlement Risk
• Poor Marketing & Sales Execution

Resort & Luxury Real Estate Trends

• Large Sustainable, highly-Amenitized

Communities (docksidegreen.com)

• Experience as key “Amenity” (mayacama.com)
• Access to “wellness and medical” facilities

(canyonranchmiamibeach.com)

• Branded or cross branded (trumpwaikikihotel.com)
• “Community” to expand social networks

(discoverylandco.com)

• Privacy and highly-personalized service

(amanresorts.com)

• Resort-style Urban / Suburban Projects

(citycenter.com)

• Large Sustainable, highly-Amenitized

Communities (docksidegreen.com)

• Experience as key “Amenity” (mayacama.com)
• Access to “wellness and medical” facilities

(canyonranchmiamibeach.com)

• Branded or cross branded (trumpwaikikihotel.com)
• “Community” to expand social networks

(discoverylandco.com)

• Privacy and highly-personalized service

(amanresorts.com)

• Resort-style Urban / Suburban Projects

(citycenter.com)

Resort & Luxury Real Estate Opportunity: BC

• Ready Access to “Super Natural BC” through

international access, master planning, product mix and experience programming (suncadia.com)

• “Safe Adventure” experience programming

(orient-express,com)

• Real Estate Programming to foster community and “kid

interaction” (verandabeach.com)

• Qualities of AAA site: international access, 4 hour drive

to major population, 2 seasons+, favorable weather conditions, opportunity for “nature” as an amenity, multi- phase with multi-product offering

• Ready Access to “Super Natural BC” through

international access, master planning, product mix and experience programming (suncadia.com)

• “Safe Adventure” experience programming

(orient-express,com)

• Real Estate Programming to foster community and “kid

interaction” (verandabeach.com)

• Qualities of AAA site: international access, 4 hour drive

to major population, 2 seasons+, favorable weather conditions, opportunity for “nature” as an amenity, multi- phase with multi-product offering