Resorts/Second Homes

berton_800_1Market Trends

Destination Resorts: Vacation Clouds Are Clearing

Three years into the recovery of the destination resort sector, the wayside remains littered with casualties from the previous boom-and-bust cycle. The primary culprit: crushing debt.

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Recent Articles

  • Reinventing Hilton Head for a New Generation

    June 25, 2013

    The 21st-century challenge facing Hilton Head, a resort town steeped in 20th-century tradition: how to reach beyond the affluent retirees drawn to its famed golf resorts to a broader market that includes baby boomers and members of generations X and Y who enjoy its pristine beaches, but who have many other recreational and cultural interests as well.

  • Charles Fraser’s Legacy to ULI

    With an inclination for hiring the young and entrusting them with much responsibility, Charles Fraser employed many budding real estate professionals who eventually became accomplished leaders in both the industry and ULI, including four who became ULI chairmen.

  • Mammoth Lakes: Back from the Brink

    June 10, 2013

    In July of 2012, the community of Mammoth Lakes in California filed for Chapter 9 bankruptcy. The third most-visited ski area in the United States, the community is fighting its way back from the brink.

  • Resort Development’s Comeback

    May 31, 2013

    Far from the gloomy tone of last year’s discussion on the same topic, lifestyle resort developers at ULI’s 2013 Spring Meeting in San Diego were saying: “Viva Mexico!” and touting the success of developments from Virginia to Montana to Hawaii.

  • Opportunities and Risk Return to Asian Markets

    October 19, 2012

    Risk, other than literally, is not a four-letter word when investing in Asia real estate. Risk is a fact-of-life that needs to be constantly assessed on the ground, a trio of experts said at a session on Asia real estate capital markets.

  • Urban Opportunities Arise Among Others for High-End Resorts

    Resort developers and operators took a hit during the recession, but are making a cautious comeback, according to a panel at ULI’s Fall Meeting.

  • Vail After the Low-Snow Winter

    October 10, 2012

    How do you guide the resort and real estate businesses through an erratic economy—and the fickle whims of Mother Nature?

  • Eclectic Place Making at Singapore’s Keppel Bay

    July 13, 2012

    Natural assets, combined with inventive design, help transform a global gateway.

  • Salvaging the Distressed Condo Hotel

    July 3, 2012

    Following the resort bust in 2008, many developers, investors, and lenders in the condo-hotel market were left with broken projects. However, they can minimize their losses by converting those properties into traditional hotels or by selling or renting them as multifamily units.

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