Pique Newsmagazine | ‘Pod-style’ accommodation to bring new product to village


‘Pod-style’ accommodation to bring new product to village

Council clears way with covenant modification on traditional timeshare units

by Alison Taylor

Excerpt: “We do not believe our plan should be viewed as an increase in village beds,” wrote the Klings. “We firmly believe it should be viewed as a decrease in effective supply. We will be removing beds from a product category in which there is a current, substantial, over-supply, and replacing them with a different product, a different category of beds, from which there is currently zero supply. If anything, by removing unwanted supply, and by concurrently created new demand, we should positively impact and help tighten both sides of the village’s supply-demand dynamics.”

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