I think, therefore I transfer.

Thursday, March 18, 2010

Transfer Smart News: iTV Provider Reaps Strong Revenues at Timeshare in Mexico

The timeshare companies maybe are slowly recovering this year as the sales show an increase but another challenge is that there are still many owners who want to get out of their timeshares. However, despite the many challenges of the timeshare industry, there are some related industries that are reaping strong revenues and a great deal of profit. One of these is the Roomlinx, Inc. It is the leading provider of Interactive TV or iTV solutions for the hospitality industry today and recently, they announced that in the last four months, they averaged over $90 per room per month in revenue at the Casa Dorada Resort & Spa from rooms installed with its iTV product.

According to Mike Wasik, Roomlinx CEO, they are very pleased with their current results and this was a key installation for them because it's a foot in the door to the opportunity in Mexico. Cabo San Lucas maybe is a small community but they are already following up on additional sales leads due to their success at Casa Dorada.

Meanwhile, programming in Mexico is limited as many of the free-to-guest channels are Spanish while the majority of guests are US citizens. Roomlinx provides the guest access to a broader range of entertainment and provides additional benefits for both the business and leisure traveler.

The timeshare industry hasn’t fully recovered yet at this time as the sales still shows a slow increase and the number of owners who want to get rid of their timeshares is still increasing. Some of the owners even hire a timeshare transfer company such as the Transfer Smart just to get rid of such property. But despite this, it proves that with creativity and minimal market penetration, industries related to timeshare business can be profitable. One of these is the Roomlix which shows strong revenues at timeshare in Mexico.

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