Anthony T. Polvino Quoted in Hotel Business Magazine
In the April 7, 2013, issue of Hotel Business Magazine, Anthony T. Polvino, chair of the firm’s resort, hotel and hospitality group, is quoted in the article “Timeshares Are a Sweet Deal for Owners, Developers and Lenders.” In the article, Polvino discusses why more developers, owners and companies are looking to convert hotels to vacation ownership. He explains that the amount of money you can sell a hotel room for on a timeshare basis with a reputable company is far greater than renting rooms on a nightly basis. In addition, he points out that it’s not just distressed hotels converting rooms, but also healthy ones in good locations with great facilities. For more information on why hotels are converting to vacation ownership, please click here to read the full article.