Timeshare Meets Asia GOLDEN OPPORTUNITY: ATHOC

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Timeshare Meets Asia GOLDEN OPPORTUNITY: ATHOC
GOLDEN OPPORTUNITY:
Timeshare Meets Asia
                ATHOC CONFERENCE 2018 1
Timeshare Meets Asia GOLDEN OPPORTUNITY: ATHOC
Jonathan Mills
Managing Director, RCI APAC & DAE Global

                 Jonathan Mills is the Managing Director for RCI’s Asia Pacific and India
                 regions, a subsidiary of Wyndham Worldwide Corporation, and the global
                 leader in vacation exchange with more than 4,300 affiliated resorts in
                 approximately 110 countries. Mills is a member of RCI’s senior leadership
                 team, leading the execution of strategic priorities across the Asia Pacific
                 and India markets. He plays an instrumental role in driving business growth
                 and delivering on-going value to both RCI members and affiliates in this
                 thriving region.

                 Effective 1 March, 2018, Mills is responsible for the leadership and strategy
                 of DAE’s business globally.

                 Mills’ previous experience includes a decade-long tenure with
                 InterContinental Hotels Group (IHG), where he most recently served as
                 Head of Operations for Holiday Inn Express and IHG Shared Services
                 based in Bangkok, Thailand. During his 25 year career, he has also worked
                 for renowned companies such as Forte & Le Méridien Hotels and Resorts,
                 Sodexho Prestige and Hilton International.

                 Mills is the Vice President of the Asia Pacific Resort Development
                 Organization (APRDO) and Director of the Australia Timeshare and Holiday
                 Ownership Council Limited (ATHOC). He also sits on the board of the New
                 Zealand Holiday Ownership Council (NZHOC).

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Timeshare Meets Asia GOLDEN OPPORTUNITY: ATHOC
Golden Opportunity:
Timeshare Meets Asia

          Asia is one of the fastest-growing
    tourism regions in the world. Outbound
   travel will soon make it the largest travel
     market. How can the Pacific timeshare
       industry tap into this area and thrive?

                                   ATHOC CONFERENCE 2018 3
Timeshare Meets Asia GOLDEN OPPORTUNITY: ATHOC
Joseph Hickman
Vice President / Executive Director
Interval International Asia Pacific

                 Joe Hickman resides in Singapore and has held the position of vice
                 president / executive director for Interval International Asia Pacific for 16
                 years. He has responsibility for implementing business development
                 activities for Interval Asia-Pacific, including affiliating resorts with Interval
                 International's global network, developing and directing sales and resort
                 marketing strategies, as well as managing developer client relationships.

                 Hickman has lived and worked in Asia Pacific for 35 years and has spent his
                 entire professional career in the hospitality and timeshare industries. He has
                 worked for Westin, Shangri-La and Conrad Hotels in Asia Pacific and served
                 as corporate director for vacation ownership for Hilton Hotels, being part of
                 the team that pioneered Hilton's entry into the timeshare industry.

                 Prior to joining Interval, he was the Executive Director for RCI Asia Pacific.
                 Hickman is a member of all the timeshare related organizations in the
                 region and serves on a variety of industry boards including the Timeshare
                 Associations of Australia, Singapore, Thailand, Malaysia and Asia Pacific
                 Resort Development Organization.

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Timeshare Meets Asia GOLDEN OPPORTUNITY: ATHOC
Interval International Asia Pacific

Interval International operates membership programs for vacationers and provides value-
added services to its developer clients worldwide. Based in Miami, Florida, the company
has been a pioneer and innovator in serving the vacation ownership market since 1976.
Today, Interval's exchange network comprises nearly 3,200 resorts in over than 80
nations. Through offices in 15 countries, Interval offers high-quality products and benefits
to resort clients and about 2 million families who are enrolled in various membership
programs. Interval is an operating business of ILG (Nasdaq: ILG), a leading global
provider of professionally delivered vacation experiences.

Interval provides its members — vacation owners from around the world — with
comprehensive exchange services and a variety of other exciting benefits that offer
value and convenience at home and on the road.

Membership is limited to owners at Interval-affiliated resorts. And while the properties are
not owned or managed by Interval International, they all must meet Interval's criteria for
quality.
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Timeshare Meets Asia GOLDEN OPPORTUNITY: ATHOC
Craig Wood
Chief Executive Officer, Accor Vacation Club

                 Craig Wood is the Chief Executive Officer for Accor Vacation Club responsible
                 for the growth and strategic direction of both Australia and Asia Club
                 operations.

                 During his 11 years with the company, Wood has been responsible for the
                 integration of the Accor Vacation Club business into the AccorHotels Asia
                 Pacific network, numerous property acquisitions as well as a widely respected
                 resort refurbishment program.

                 Wood commenced his career in the timeshare industry 28 years ago in Europe
                 and has held a number of senior positions within the vacation ownership
                 industry spanning across the Indian Subcontinent, Middle East, Africa and South
                 East Asia region before settling with his family in Australia in 2007.

                 Wood holds a position on the Accor Hotels Pacific Leadership Team and is also
                 a proud Director of the Australia Timeshare and Holiday Ownership Council.

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Timeshare Meets Asia GOLDEN OPPORTUNITY: ATHOC
•   Est. 2000              Est. 2007
   •   24 Club Properties     2 Home Club Properties

  OVER 33,000 Member Families
       in the Asia Pacific
Members have access to over 650 Accor Hotels across the
Asia Pacific and Accor Loyalty Reward Program Benefits
Timeshare Meets Asia GOLDEN OPPORTUNITY: ATHOC
Kieran Mckenna
Senior Vice President, Sales and Field Marketing
Wyndham Destinations Asia Pacific

                  Kieran McKenna began his role as the Vice President of Sales for Wyndham
                  Vacation Resorts Asia Pacific (now Wyndham Destinations Asia Pacific) in
                  2013. In this role, Kieran leads a team of more than 400 sales employees
                  located at Wyndham Corporate Centre on the Gold Coast, as well as a
                  further 17 sales sites spread across Australia, New Zealand, Fiji, Thailand
                  and Indonesia.

                  Kieran has a clear passion for sales and the vacation ownership industry. He
                  has had an impressive career that has seen him progress through the sales
                  ranks in various roles including Sales Representative, Sales Manager,
                  Project Director and, most recently, Regional Sales Director.

                  He has also been recognised for his outstanding sales achievements with
                  numerous company awards, including President’s Club, the company’s most
                  esteemed sales accolade. Kieran’s extensive experience and in-depth
                  knowledge of the company, product and programs, makes him a highly
                  effective sales leader.

                  Kieran has enjoyed a successful career within the vacation ownership
                  industry, previously working for Accor as the Regional Sales Manager and
                  Marriott Vacation Club International as the Executive Sales Manager.

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Timeshare Meets Asia GOLDEN OPPORTUNITY: ATHOC
Wyndham Destinations Asia Pacific

Established 2000                    Established 2015

❖ 2 vacation clubs; closed to 60,000 vacation owners across South Pacific and South
  East Asia
❖ 31 properties across Australia, New Zealand, Fiji, Thailand, Indonesia and Hawaii.

                   Mixed-Use Model

                                                           Corporate Offices:
                                                           Gold Coast, Australia
                                                           Singapore
                                                           Clark, Philippines
                                                           Shanghai, China
                                                                      ATHOC CONFERENCE 2018 9
Timeshare Meets Asia GOLDEN OPPORTUNITY: ATHOC
The Asia Region

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Tourism Statistics for Asia Pacific

                                   Africa 1%

                         Middle East 4%

                                 Americas 5%

                                                                        Asia & Pacific
                                                                             78%
                               Europe 12%

❖ Outbound travel from Asia Pacific reached 317 million in 2016, an 8% increase YoY.
❖ 78% of outbound travels are intra-regional: 29% are to Southeast Asia destinations, 43% are
  to Northeast Asia destinations.
❖ Asian outbound tourism has grown by 54% between 2010 and 2016.
❖ Asia’s demand for long haul destination is primarily for Europe - accounts for 54% of all Asia
  inter-regional outbound trips
                                                                          ATHOC CONFERENCE 2018 1 1
Tourism Statistics in Asia
  Top Outbound Markets in Asia (2016, USD)

     World’s top        China: $261 billion / $1,930 per trip
tourism spender
                        USA: $122 billion / -

  Accounts for 55%      South Korea: $26.6 billion / $1,190 per trip
    of Asia Pacific’s
             tourism    Hong Kong: $24.2 billion / $265 per trip
        expenditure
                        Singapore: $22.1 billion / $2,335                Biggest
                                                                         spender per
                        Japan: $18.5 billion / $1,080                    trip

                        Taiwan: $16.6 billion / $1,135

                        India: $16.4 billion / $750

                        Philippines: $11.3 billion / -

                        Malaysia: $10.5 billion / -

                        Thailand: $8.3 billion / -

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Top 10 Tourists to Australia in 2017

New Zealand: 1.356 million visitors (1%↑) / total spend $2.504m (-8%)

China: 1.355 million visitors (12%↑) / total spend $10.439m (14%↑)

USA: 781,000 visitors (9%↑) / total spend $3,756m (3% ↑)

UK: 731,000 visitors (2%↑) /total spend $3,477m (-6%)

Japan: 434,600 visitors (4%↑) / $1,756m (2%↑)

Singapore: 434,400 visitors (1% ↑) / $1,421 (-1%)
                                                               Asia accounts for 49% of
Malaysia: 396,400 (1.6%↑) / $1,340 (7%↑)                        all international visitors
India:                                                                   in 2017.
302,000 (15%↑) / $1,433 (16%↑)
Korea:
301,000 (7.7%↑) / $1,553 (-1%)
Hong Kong:
252,000 (14%↑) / $1,308 (6%↑)
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Top 10 Tourists to New Zealand in 2017

Australia : 1.45 million visitors (1%↑) / total spend $2,585m (7%↑)

China: 449,000 visitors (13%↑) / total spend $1,663m (15% ↑)

USA: 337,400 visitors (4%↑) / total spend $1,319m (19%↑)

UK: 235,000 visitors (-4%↑) /total spend $1,070m (14% ↑)

Germany: 102,000 visitors (-3%) / $588m (10% ↑)

Japan: 101,000 visitors (-) / $275m (-4%)

                                                                   Length of stay for Asia
Korea: 93,200 visitors (11%↑) /                                   tourists are on average
                                                                    2 weeks and above.
Canada: 68,880 (4.5%↑)

Singapore: 39,980

Malaysia: 37,770
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Who is the Asian Traveller?

The Middle Class
       ❖ 88% of the next billion entrants
         into the middle class will be in
         Asia
       ❖ By 2030, Asia will account for
         60% of global middle class           130m in rest of the WORLD
         population, with more than 2/3
         coming from China and India

The Millennials
                                                              350m in CHINA
      ❖ Within Asia, 60% of the population    310m in INDIA
        is made up of millennials
      ❖ Millennial travellers spend 35% of
        the $600 billion Asian spend on
                                                         210m in rest of ASIA
        international travel
      ❖ By 2020, they are expected to
        spend $340 million on international
        travel, an increase of 62%

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Who is the Asian Traveller?
Asian millennial travelers of different countries

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The Chinese Tourist
❖ China is the world’s top tourism spender, with 10 years of double –digit growth in tourism
  expenditure
❖ Total spend in 2017: US$115 million or 20% of world receipts
❖ Outbound travel in 2017: 131 million (up by 7%).

Driving factors of China’s Outbound                 Biggest increase in 2017

Travel Market                                   Country /       Chinese         Source           %
                                                Region          Tourist         Country    International
                                                                Arrivals        Ranking       Arrivals
             ❖ Visa-free or Visa-on-                             2017
               arrival: 66 countries &
                                                Thailand         9,800             1           28%
               regions
                                                Japan            7,356             1           26%
                                                South            4,170             1           31%
                                                Korea
             ❖ International Flights:
               784 air routes to 61             Vietnam          4,000             1           31%
               countries / regions              Indonesia        2,059             1           15%
                                                Russia           1,500             1           n/a
             ❖ RMB value:
                                                Cambodia         1,200             1           21%
               Float against USD by 9%
               in 2017                             Biggest drop in 2017

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Number of Asian Residences on the Rise

      2016        26% of Australians were born overseas
    Australia     ❖ 2.2% (509,500) - Born in China
   Population:    ❖ 1.9% (455,300) – Born in India
                  ❖ 1% (232,300) – born in the Philippines
   24.4 million

                  Asians make up about 11% of New Zealand’s population
      2017        ❖ This number is expected to grow from 540,000 in 2017 to
      New            between 1.2 and 1.4 million in 2038.
     Zealand      ❖ Chinese citizens account for 12% of total migrant arrivals in
   Population:       the year
   4.77 million   ❖ In contrast, the percentage is 10% each for the UK and
                     Australia

                                                  What are the opportunities in
                                                  International Education?

                                                             ATHOC CONFERENCE 2018 1 8
Do you like this hotel room?

                           ATHOC CONFERENCE 2018 1 9
Q&A
      ATHOC CONFERENCE 2018 2 0
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