August 04, 1999 11:12
Sunterra Corporation and Home Shopping Network Team up to Market Vacation Ownership on Cable TV, Internet
ORLANDO, Fla., Aug. 4 /PRNewswire/ -- Sunterra Corporation (NYSE: OWN), the world's largest vacation ownership company, has formed an exclusive partnership with Short Shopping, a division of Home Shopping Network, to market and sell Club Sunterra trial memberships and resort vacations to consumers.
The innovative marketing partnership creates a new distribution channel for both the rental of condominium-style resort accommodations and trial programs in Club Sunterra. Club Sunterra is Sunterra Corporation's member- based vacation club that offers accommodations at Sunterra Resorts around the world as well as other leisure related products and services.
The marketing programs with Short Shopping include the development of multiple media channels, including long and short form direct selling television formats, traditional TV commercials and interactive marketing using the Internet.
Currently some 4 million U.S. households participate in vacation ownership. The industry has experienced a 15 percent compounded growth rate over the past 20 years using traditional industry marketing programs that have only penetrated limited segments of qualified consumer households. This new agreement between Sunterra and Short Shopping opens new and broader channels of distribution for Sunterra's vacation ownership products while communicating the experience of a Sunterra resort vacation in a visually compelling way.
"Sunterra Corporation -- with its development of Club Sunterra -- has been an industry leader in evolving vacation ownership into a very sophisticated product that provides owners with a myriad of vacation choices and related leisure opportunities," said L. Steven Miller, president and CEO Sunterra Corporation. "Now we are leading the industry in exploring new distribution channels.
"All market research indicates that today's consumer wants the benefits of vacation ownership that include larger accommodations, flexibility and the services of personal travel consultants," continued Miller. "The partnership with Short Shopping provides the venue of offer consumers both a detailed visual image and explanation of the vacation ownership concept, as well as the opportunity to test-drive the product for themselves."
"Vacation ownership has been among the fastest-growing segments of travel and leisure over the past few years and it has achieved that performance without a mass-market communication vehicle," commented, Dave Williams, Short Shopping. "With Sunterra's industry-leading products and Short Shopping's ability to reach the consumer, we are confident of achieving broad market saturation and sustaining interest in experiencing the product."
Consumers will begin seeing the marketing of Club Sunterra memberships this month. Home Shopping Network's Short Shopping Division will handle the scripting and production of all media applications. Among its media partners and clients are Turner Broadcasting, TNN, Media One, USA Networks (Nasdaq: USAI), plus regional and national publications.
Home Shopping Network (www.hsn.com ), pioneered the electronic retailing industry in 1977. Its live 24-hour programming reaches 70 million U.S. households through broadcast, cable and satellite dishes. HSN continued its tradition of innovation in 1998 with the launch of Short Shopping, a division that produces direct selling commercials for various broadcasting partners. The Company holds interests in shopping channels in Germany and Japan; and produces Home Shopping en Espanol, a joint venture with Univision. HSN has been designated the official electronic retailer Times Square 2000.
Sunterra Corporation is the world's largest vacation ownership company, with 89 resort locations throughout North America, Europe, the Caribbean, Hawaii, Latin America and Asia. Sunterra also manages over 22 condominiums and hotels in Hawaii and operates Club Sunterra; the world's most extensive points-based vacation ownership program.
Sunterra Corporation became a publicly traded company in 1996 and has subsequently grown from nine resorts to its current worldwide network of company owned and managed resorts. In addition, during this period its member base has expanded from 25,000 owners to 250,000 owners and members.
SOURCE Sunterra Corporation
/CONTACT: Gayle MacIntyre or Caroline Craig, both of Bates Travel & Tourism, 404-237-8618, email, gmacintyre@batesww.com , for Sunterra Corporation, or Peter Shoobridge, Vice President, Business Development of Sunterra Corporation, 407-532-1000/
/Web site: hsn.com / |