Fractional Ownership News

Luis Lara appointed CFO of ResortCom International

ResortCom International, a company providing servicing solutions to the shared ownership industry has named Luis Lara (pictured) as senior vice president and chief financial officer.

In his new role, Lara will oversee financial operations for both the company’s financial services and technology division, and Tapestry Resorts management division, as well as participating in ResortCom’s strategic planning, special projects and business development efforts, particularly in the Latin American market.

Lara was formerly managing director for RCI Latin America and CEO of Grupo Costamex. He holds an MBA from the Instituto Tecnológico Autónomo de México and has participated in executive programmes in the Cornell Hotel School, the University of California at Berkeley and the Massachusetts Institute of Technology.

Jeff Healy, president of ResortCom said: “We have refocused our efforts to simplify our corporate structure between two operating divisions. With Luis Lara’s in-depth business expertise, we expect both divisions to more fully expand their roles providing services for both U.S. and International markets. We are proud to add Luis to our highly seasoned group of executives who know what works for a variety of business models domestically and internationally.”

ResortCom’s financial services and technology division provides receivables servicing on timeshare and fractional loans and maintenance fees, as well as maintenance fee billing and collections, merchant credit card services, tax withholding trust administration, custodial services and lender support.

The company's hospitality division, Tapestry Resorts, is a full service hospitality management company offering resort management, rental, reservations and travel services to the vacation ownership, fractional and luxury resort industry.

“ResortCom’s exceptional technology capabilities and in-depth industry understanding of important features such as online web/member reservations and payment processing and real time access to all reporting and member data is just the tip of the iceberg in what we have to offer. Over the next year the industry will see some exciting changes from us as we streamline our company and its services,” said Lara.

www.ResortCom.com

16/03/10
 

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