HVS is pleased to announce that Philip Bacon, Managing Director of HVS Madrid and head of our Shared Ownership Services division for Europe, the Middle East and Asia (EMEA), has been named one of the Top 21 Fractional Real Estate Professionals of 2010 by Fractional Life () a web-based portal dedicated to the fractional ownership industry.

Philip has been with HVS since he established the EMEA office of Shared Ownership Services in London in 2006. With more than 25 years in business advisory services, he consults on all forms of hospitality-based mixed-use development, including shared ownership business models from vacation ownership to fractional interests to condo hotels and branded residences.

“The fractional property business will continue to offer opportunities to both developers and operators who realize there is an increasing consumer desire to achieve true value from leisure real estate,” Bacon explains. “Consumers will be more demanding in what they want when purchasing a shared ownership product, and therefore we as consultants need to work harder with developers to ensure that value is optimized for all concerned.”

Following ten years with Price Waterhouse in London and Barcelona, Philip has had comprehensive experience over the past seventeen years in all aspects of mixed-use resort development, including full-service golf facilities. In addition to working as CFO for two leisure real estate development companies in Spain and as Director of Business Development for RCI Europe, he has had direct experience as an independent board advisor for the development and operation of exclusive products built around high-quality resort properties. Also, as an independent consultant, Philip has conducted a number of market research projects, product development plans, and feasibility studies for hotel and mixed-use resort development companies in the UK, Continental Europe, India and the Middle East.

About HVS

HVS is the world’s leading consulting and services organization focused on the hotel, restaurant, shared ownership, gaming, and leisure industries. Established in 1980, the company performs more than 2,000 assignments per year for virtually every major industry participant. HVS principals are regarded as the leading professionals in their respective regions of the globe. We are client driven, entrepreneurial, and dedicated to providing the best advice and services in a timely and cost-efficient manner. Through a worldwide network of 30 offices staffed by 400 seasoned industry professionals, HVS provides an unparalleled range of complementary services for the hospitality industry. For further information regarding our expertise and specifics about our services, please visit .

Philip Bacon
HVS Global Hospitality Services - Madrid
+34 917 816 666
HVS