Xanadu Hotel Closing, Xanadu Timeshare Remaining Open

The Xanadu Beach Resort [Hotel] in Grand Bahamas appears ready to close it doors at least temporarily through the summer from July to October.  The move is seen by employees to be a ploy to get rid of some workers amid the economic crisis spanning the globe.  That said, the timeshare portion of the resort will remain open even during the closure of the hotel.  This should provide some sense of the pecking oreder to the profitability of timeshares versus hotels.

One Response

  1. Good to see the timeshare is staying open. We don’t need any more black eyes on the industry.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: