Disney Opens Its First West Coast Timeshare Development

At a time when Marriott has ceased new timeshare development and the rest of the timeshare industry seems to be pulling back, Disney seems to be ratcheting up their time share presence. The company’s timeshare division, Disney Vacation Club (DVC) held its grand opening for its first west coast property last week.  The 50-unit Villas [...]

The “Connecticut Watchdog” on Timeshares

George Gombossy of the Connecticut Watchdog wrote a short op-ed piece on their website concerning the recent news that Marriott is halting all new timeshare development. He does not recommend anyone buy a timeshare, fractionally owned property or a condo-hotel because of the limitation in the amount of time that a person or family can [...]

Article References for Marriott Story

In case you want to reference some other articles about the Marriott de-emphasis of their timeshare operations, we have listed them here: From the Wall Street Journal: http://online.wsj.com/article/SB125371358595033997.html From Reuters: http://www.reuters.com/article/ousivMolt/idUSTRE58M3A920090923 Reporting by Deepa Seetharaman; Editing by Lisa Von Ahn From the Examiner.com: http://www.examiner.com/x-9185-Denver-Travel-Industry-Examiner~y2009m9d24-Marriott-Halting-Development-of-Time-Shares by Joseph Sobin

Timeshares in Mexico – What You Need To Know

If you are going to Mexico on holiday, you may get an invite to attend a timeshare presentation.  Now, timeshare presentation invitations are quite common in most of the Mexican resorts but it is very important that you prepare adequately BEFORE you attend these presentations.  Here is what you need to know. 1.    Get an [...]

Marriott Rids Itself of Additional Timeshare Capital

Marriott International Inc., operator of the multi-million dollar Ritz-Carlton hotel chain, is cutting back on its luxury timeshare investments due to ever decreasing consumer demand, and ceasing new timeshare developments. This massive reduction on luxury timeshare capitalization would result in a third quarter pre- tax impairment charge of approximately $ 760 million dollars. Since the [...]