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Clarksville Online- April 7, 2010Looking to resell your timeshare? Be sure to check the fine printNashville, TN – A timeshare’s value is tied to travel habits and location. And, when owners’ circumstances change, they can sour on their properties and look to resell. Miami Herald- March 24, 2010Timeshare resales run into troubleIt's hardly paradise for people selling their timeshares as complaints about resale companies are increasing.
Oregon Live- March 20, 2010The Truth About Timeshares"Hey, want a free trip to Las Vegas? How about a hundred dollars cash? I'll even throw in some genuine crystal wine goblets. And a handsome travel bag.
Los Angeles Times - March 18, 2010Developer gives up on condo project near DisneylandThe rights to build as many as 400 units above the GardenWalk parking garage in Anaheim are put up for auction.
My Florida Legal - March 11, 2010Attorney General Focuses Consumer Protection Initiative on Timeshare Resale IndustryTALLAHASSEE, FL – In continuing recognition of National Consumer Protection Week, Attorney General Bill McCollum today announced he is tackling growing abuses in the timeshare resale industry. WPTV.com - March 3, 2010Timeshare Complaints GrowWEST PALM BEACH, FL - A timeshare marketing pitch, made by phone, is targeting people across the country.
USA Today - March 1, 2010Many fed-up time share owners are stuck trying to sellFor Stacey Udell, a Craigslist ad enticing her to own a piece of property in the Bahamas for $3,000 was too good to pass up... » Continue ReadingPRWeb - Feb 28, 2010Timeshare Relief, Inc. Ranks No. 318 on the 2009 Inc. 500Timeshare Relief, the recognized market leader in the timeshare transfer industry was recognized as the No. 318 fastest growing, private company in the nation as reported by the 28th annual Inc. 500... » Continue ReadingWall Street Journal (blog) - Kris Hudson - Feb 4, 2010Starwood Takes Its Lumps in Time-SharesThe time-share industry has been shrinking since the latest recession began. But only now are we seeing the full extent of the pullback among ...
Catskill Daily Mail - Colin DeVries - Feb 3, 2010Friar Tuck timeshare owners left in suspenseALBANY — Friar Tuck Inn timeshare holders are waiting with bated breath on the future of their costly investments at the embattled Catskill ...
Maui Weekly - Feb 3, 2010Timeshare owners endure swelling taxesPacific Business News - Maui timeshare owners have been paying nearly double and triple in property taxes than what local residents are paying in the past ...
NTV - Feb 2, 2010Consumer Loses Thousands to Florida Listing CompanySome timeshare owners are interested in selling their timeshares so they can recoup their investment and stop paying maintenance fees. ...
NorthJersey.com - Jan 27, 2010Timeshare industry hit hard by recessionThe recession has been particularly tough on the timeshare business. Sales are down; defaults are up. Resort development has come to a standstill, ...
Courthouse News Service. December 3, 2009Timeshare Was a Snow Job, Man SaysHe demands $47596.83 in damages for fraud, to cover the cost and fees of the timeshare. Alternatively, he wants the contract to be rescinded...
Timeshares Daily. November 20, 2009Apex settles timeshare caseA Nevada-based company, accused of swindling Vermont timeshare owners, has agreed to reimburse the victims in a settlement announcement...
WPTV. November 25, 2009Contact 5 investigates timeshare marketersPALM BEACH COUNTY, FL--The Contact Five Investigators have been covering timeshare marketing companies operating in South Florida...
Puget Sound Business Journal. November 25, 2009Better Business Bureau targets International Timeshare ConsolidatorsThe Better Business Bureau serving Washington state said it's received “multiple complaints” about a Seattle company called International Timeshare...
Channel News Asia. November 7, 2009CASE expects timeshare disputes to be among top complaints again this yearBy Dylan Loh, Channel NewsAsia | Posted: 07 November 2009 2047 hrs SINGAPORE: The Consumers Association of Singapore (CASE) said it expects timeshare ...
eTurboNews. November 6, 2009ARDA fights timeshare scamIn September, ARDA released two consumer advisories to help consumers and timeshare owners navigate through the secondary market, which includes timeshare ... PALM BEACH POST. October 30, 2009CONSUMER ALERT: Don't believe timeshare sellers' promisesBy SUSAN SALISBURY Timeshare sales are down, but the number of fraud cases in the murky world of timeshare marketers is growing...
ACTION 9. October 14, 2009Timeshare Confusion Costs Woman Money“SALISBURY, NC -- Shelby Josey owns a vacation timeshare condo at the Myrtle Beach Wyndham Resort. In August, she attended a meeting at Wyndham to buy more ...
BNET. October 10, 2009Marriott's $466M Timeshare Loss“Our timeshare business looks forward to a stronger economy,” he said. “I took issue with the whole timeshare debacle,” said Bryan Maher, managing director ...
Property Wire. October 1, 2009Timeshare property sales dive in US as they are no longer seen as a good buyProperty timeshare purchases in the US have fallen the most this year since the industry first became popular in the 1970s as buyers desert the sector. ...
CoStar Group. September 30, 2009Timeshares' Time Running Out at MarriottCHICAGO — Marriott International Inc. lost $466 million in its third quarter on hefty impairment charges from its timeshare business, which has declined ...
Bloomberg. September 29, 2009Vacation Timeshares Drop at Record Pace as Americans Cut BackUS vacation timeshare sales may fall the most this year since the industry gained popularity in the 1970s as consumers forego spending to ... Orlando Sentinel. August 6, 2009Disney takes on more risk to preserve time-share bank dealWith a growing number of time-share buyers defaulting on their loans, the Walt Disney Co. recently assumed more than $200million in additional liability to... Jackson Hole Daily. August 3, 2009No bids for timeshares at foreclosure auctionOwners of the timeshares owed between $2955 and $5171 for the individual portions. Since January, no individual has submitted any bids on foreclosed...
KSAT.com. July 30, 2009Free Vacation Turns CostlyShe said the woman represented herself as being from Summer Bay Resorts and said she was calling to offer Gonzalez a free vacation...
NASDAQ. July 30, 2009Wyndham 2Q Profit Falls 28% As Sales, Yields Tumble(WYN) second-quarter earnings fell 28% as a leisure and business travel slump continued to take a toll on the company's hotel and timeshare businesses...
Las Vegas Review - Journal. July 21, 2009Lost Credit Line Said to Spur Company's ClosureConsolidated Resorts, a Las Vegas time-share company that filed for bankruptcy earlier this month, was forced to close when a key ...
wftv.com. July 20, 2009Man Says Resort Fined Him $4000 Over His ShirtA Central Florida timeshare owner says he's been fined $4000 over a t-shirt. Ray Nix was upset with an extra charge to move his vacation from Westgate...
Olive Press July 15, 2009Timeshare Conman ConvictedCOSTA del Sol-based timeshare conman Garry Leigh has been convicted of 11 counts of fraud. The seasoned fraudster, who has a string of shady companies along...
Coco Zickos. July 15, 2009Hanalei Resort Speaks OutHANALEI — In the management battle brewing over a picturesque location on the North Shore, condo owners have drawn their weapons while Hanalei Bay Resort’s management company pulls out its shield.
wftv.com. July 13, 2009Timeshares Want To Borrow Taxpayer MoneyCENTRAL FLORIDA, Fla. -- It's hard to get a loan for a new home and for a timeshare it's nearly impossible. As a result, the industry wants to borrow taxpayers' money to fulfill those loans and get business moving.
wftv.com. July 13, 2009Timeshares Want To Borrow Taxpayer MoneyCENTRAL FLORIDA, Fla. -- It's hard to get a loan for a new home and for a timeshare it's nearly impossible. As a result, the industry wants to borrow taxpayers' money to fulfill those loans and get business moving.
Winter Park Examiner-Rex Thomas. July 10, 2009The Decline and Fall of TimeshareLike a bad movie, the plotline for timeshare keeps getting more and more unlikely. In the current economy, sales have dwindled to almost nothing, loans to buyers are at a higher default rate than expected, and Consolidated Resorts, Inc., a Las Vegas timeshare developer, announced filing for bankruptcy yesterday.
examiner.com July 10, 2009Renting Timeshares for your Orlando VacationsA great alternative to staying at a hotel is renting a timeshare for your next vacation week. Most are centrally located, affordable, and come complete with all the comforts of home.
lasvegassun.com. July 8, 2009Vegas Timeshare Operator Files for BankruptcyLas Vegas-based timeshare operator Consolidated Resorts Inc. and affiliated companies started filing for bankruptcy protection Tuesday, as expected, in what promises to be a massive case involving hundreds of millions of dollars in debt.
msnbc.com. July 8, 2009Hotel and Timeshare Shown in ‘Hawaii Five-O’ Shutting DownHONOLULU - The new owner of an iconic Waikiki property that was featured in the opening title shot of the 1970s TV series "Hawaii Five-0" said Tuesday it plans to cease operations of the building's Ilikai hotel in two days.
wnct.com. July 7, 2009Attorney General Bans Timeshare Telemarketers from NCAttorney General Roy Cooper has won a battle against a Florida telemarketer who was making a phony pitch. Cooper says Premier Timeshare Vacations, Inc., also known as Paradise Marketing Group, has been calling people in North Carolina who are looking to sell their timeshares.
forbes.com. February 14, 2009Red Ink For Wyndham Vacation OwnershipEveryone is cutting expenses where they can amid the economic downturn, and for many consumers and businesses, that means staying home in lieu of business trips and leisure travel. For Wyndham Worldwide, the result is a sea of red ink.
wftv.com. January 23, 2009Action 9 Investigates Timeshare CompanyA warning for timeshare owners about offers you could be seeing in the mail. Action 9 has uncovered a new industry that targets people desperate to sell their timeshares -- who then think a company is ready to buy their unit. Reporter Todd Ulrich uncovers the real deal behind this tactic--- which ends-up costing you thousands of dollars.
forbes.com. December 28, 2005Marriott Timeshare Unit Warns 200K Of Data LossNEW YORK - Not responsible for lost or stolen items? 200,000 people might like to know. Marriott Vacation Club International (MVCI) said it is notifying a host of people that their intimate info is missing after backup computer files disappeared from an Orlando, Fla. office.
wesh.comThe Trouble With Time SharesExcept for leasing a car, few financial endeavors are as confusing as buying a time share. But the one point you should never lose sight of is that you're purchasing a luxury item, not an investment. And like a car, as soon as you take ownership, the value of your property drops. Fact is, anyone who buys a time share with the intention of making money will be sadly disappointed.
forbes.comThe Problem With Luxury Time-SharesIn an eye-catching ad in a New York Times real estate supplement that ran on Jan. 10, The Ritz-Carlton Club Aspen Highlands, part of The Ritz-Carlton Hotelgroup, a unit of Marriott International, tempted well-heeled potential clients with the opportunity to own a home in one of the country's top ski resorts and to have that home cared for by The Ritz-Carlton. |
