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Press Release: Vacation Finance
December 1, 2006
CORAL GABLES, FL -- Bob Waun, CEO of Vacation Finance, America's First Second- Home Lender, will present at The
National Association of Condo Hotel Owners Summit at The Biltmore Resort in Coral Gables, FL on the topic of condo
hotel finance and demographic trends. "The condo hotel market is evolving and Vacation Finance is committed
to educating the participants on the opportunities, risks and rewards of these new options" said Waun to a
group of assembled condo hotel owners, developers and bankers. There are numerous choices for vacation property
buyers: Traditional cottage, Fractional, timeshare, Private Residence and Destination Clubs. Condo hotel offers
many advantages, and some unique risks.
"The condo hotel market is just beginning to come to market. Estimates range from 30,000 to 90,000 condo hotel
units coming to market by 2008. We beleive this market could be much larger in the future" said Waun "but
it is not without unique risks and it must be fully analyzed as both a long-term investment and a resort second
home opportunity."
About VACATION FINANCE
Vacation Finance, a division of Americor Financial Services, INC. is America's First Second-Home Lender and a leader
in condo hotel, fractional and vacation property financing; also offering commercial and mezzanine financing to
the hospitality, marina and resort sectors.
Website: http://www.vacation-finance.com
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VACATION FINANCE Lisa Porada email: info@vacation-finance.com phone: 248-816-7245
Source: Vacation Finance