Find Timeshare Relief in Underground Bunkers!

The Vivos network is composed of 20 fortified underground shelters. These are not your average shelters as they have been made into luxurious subteranian living quarters. Also unlike regular underground shelters these luxurious bunkers are available in timeshare form. Thanks to the Vivos network you can buy a little piece of a luxurious underground shelter timeshare property! For the price of $50,000 per person, and just $25,000 for the kids, you can rest assured for your post apocalyptic needs. One problem that goes unexplained is what happens when the end of the world does not happen during the week you have your stay? Not only is the usefulness of this timeshare property type in question but also the cost is fairly difficult to justify. At these prices you could get far more luxurious above ground timeshare vacations.

The bunkers are suited with a hospital, dental station, movie theater and even a computer lab. With so many accommodations you can’t help but relax and enjoy yourself as the outside worlds falls to pieces. One thing you can be sure of is that you won’t be missing all the money you spent to get your underground safe spot. Thanks to the Vivos network you can enjoy apocalyptic survival in comfort. This is just one more way in which timeshares have changed to fit the needs of modern day timeshare owners, owners who want to rest assured with the security of a fortified subterranean timeshare property.

Mixed-Use Development With Timeshares

Hospitality industry experts are saying that the concept of fractional ownership, timeshares and residences joining forces with hotels is a promising idea. At panel on timeshare at the Meet the Money conference in Los Angeles in May, panelists discussed the possibility of hotel properties converting space into fractional ownership or timeshare properties.

Mixed-use of hotels and timeshares can be a double win if the developers take advantage of hotel strengths. Maximizing the marketing overlap is what’s most important. Over-aggressive growth within the mixed-use spaces can be risky. Converting high end space into fractional ownership rather than timeshares is generally more successful. It is also important to reduce the amount of conversion and even try to go for as much as double the space through fractional ownerships, control is key. Existing infrastructure can make thing complicated,  you have to make sure kitchen and plumbing wiring is allowed and zoning regulations must permit two and three bedroom spaces.

CEO of Vacation Finance, Bob Waun, said, “We think there’s great opportunity in the resort sector, condo-hotels, fractional ownership and timeshare”. The only foreseeable problem with mixed-use and timeshares comes with the lenders. They often do not understand the timeshare model and they need to be educated about mixed-use and timeshares before shared ownership is introduced to them.

1 Million Views For RCI Timeshare Information TV

Less than six months ago RCI launched their RCI TV and already over one million viewers have tuned in. RCI TV provides high-definition footage of the over 4,000 timeshare resorts that RCI promotes. This new method for informing vacationers about RCI accommodations and options has been an amazingly successful way to reach their audience. RCI invented the concept of a timeshare exchange more than 35 years ago and has since been devoted to providing its customers with the best services and accommodations to accompany their vacation plans.

RCI realized how unfamiliar many potential timeshare owners are with the whole idea of a timeshare. This new media venue allows them to educate and formally inform their viewers about all the wonders of an RCI timeshare vacation and show in full detail the sort of accommodations you will find at these resorts.

RCI has also just entered into the mobile marketing world with applications for the iPhone®, iPod touch®, and iPad™. These new methods for making timeshare information available will provide immediate access to RCI features that consumers are interested in. In addition to mobile marketing RCI has launched a YouTube channel, these combined resources will allow travelers to share their vacations through social networks.

A BBB Warning of St. Louis Timeshare Firm “Property Experts Marketing”

In the St. Louis area the Better Business Bureau (BBB) has identified another fraudulent timeshare resale and rental company. The company is claiming to be located in downtown St. Louis at a building that is vacant and padlocked. The company is Property Experts Marketing and is one among many of the scammer established companies that claim to sell or rent your vacation timeshare in return for upfront fees. Unfortunately once they receive the upfront payment, which can be up to thousands of dollars, from a timeshare owner there is no other action taken to get the timeshare sold. Often times a buyer or renter is promised to be ready and waiting but the timeshare is still never sold.

One timeshare owner has reported being scammed for $6,300. Another unfortunate victim had reported a loss of over $45,000 in fees with no sale or compensation received. The BBB can only offer limited advice to owners looking to sell a timeshare. The best thing to do is research, make sure you are dealing with a legitimate business that is not just acting as a front for illegal scams. Upfront fees WITHOUT WRITTEN GUARANTEES are the first sign of trouble, any significant fee that reaches even into the hundreds of dollars you should be very wary about. Try to contact the company you are dealing with and get any references available and contact them to make sure it is legitimate.

Out of the BBB’s investigation of this specific timeshare resale company they have not found out much. A representative of Property Experts Marketing while talking to a BBB investigator said that the company does operate at a suite on the seventh floor, when asked to meet the representative explained that he was leaving at that very moment. The company representative, John Orozco, said that his companies legal department would handle the BBB complaint filed by a Texan timeshare owner and that someone from the legal department would contact the BBB to clear up any misunderstanding, there has been no response since from Property Experts Marketing.

Spain’s Timeshare Industry Is Set To Collapse

With a new court ruling in Spain on May 27th of 2010 there is expected to be up to 400,000 illegal timeshare contract compensation claims that could reach up to 2 billion €(euro). It has been ruled that a timeshare developer in Gran Canaria must pay back double the amount of the timeshare deposit by Magistrate D. Juan Carlos Socorro Marrero.  There are currently over 200 live claims for timeshare miss-selling in the Spanish court system against Anfi Del Mar. More claims were coming in at a rate of 10 per week before this ruling.

Spanish law also states that even if a property is sold and all encumberments and debts are passed on to the new owners those new owners will still be liable for new compensation claims. Within the industry it is said up to 200 developers that operate out of Spain, Balearics and canaries are trying to sell of timeshare resorts that have or soon will have actions brought against them.

Some brand name European timeshare developers have been taking illegal deposits up until as late as 2009. The European regulatory body representing timeshare owners in Europe has had some of its paid members break these same laws in the past. With this new ruling timeshare owners will finally get the chance to take on large corporate brand developers. As long as the timeshare development still exists you will be able to reclaim a double deposit if you paid after the cooling off period in 1996.

Timeshare Salespersons Form Class-Action Suit Against Vacation Charters Ltd.

Judgment ScalesA class action lawsuit has been formed combining roughly 275 people in a single suit against Vacation Charters Ltd. and, owner of the Split Rock Resort in Lake Harmony and other similar timeshare resorts, W. Jack Kalins. The disputes are due to overpaid taxes that each employee had to pay because they had been classified as independent contractors for selling timeshares. They were also not allotted any employee benefits such as medical coverage. Had the workers been treated as employees it would have obligated Kalins to provide them with benefits as well as pay a portion of their federal tax contributions.

The ruling by Judge Idee C. Fox is what will allow these over 275 salespersons to file in a single lawsuit instead of having to file individually. Attorney Mark Kearney, who will be working in favor of the workers, has estimated there will be a total of 21 million owed to the salespersons.

The ruling will be for salespersons who were employed from June of 2005 to the end of 2008. At the beginning of 2009 the timeshare company began paying salespersons as employees, providing benefits and paying part of their federal tax contributions. Attorney Steven Leventhal for Vacation Charters maintains that they have paid all their salespersons based on state law and that no violations were enacted on behalf of the timeshare company.

Aspen Club : Future of Timeshare Development

Just one day after the Aspen Club and Spa received approval from the Aspen City Council the current managing partner, Michael Fox, left town for a family vacation. There have been some suspicions that Fox intended all along to secure approval for the new timeshare development and then leave it to a different developer to finish the job.

Fox claims that this notion is ludicrous and there is no way he is leaving the project. The idea of Aspen Club Living is a marketing concept that will be used to sell the new timeshare properties. The pitch will be about a rejuvenating retreat for your mind body and spirit. The timeshare sales will be used to help finance a major renovation and remodeling for the club which will help secure that the club stays open well into the future.

While the timeshare and fractional ownership properties are in huge supply, enough for about three or four years worth, rate of sales are going down. However the average cost for a fractional ownership or timeshare is around $500,000 according to a report from the Land Title Guarantee Company. The timeshare profits will also be used to improve the health and wellness of the local community residents. There will be a .25% assessment added to each timeshare to fund this community project.

Despite some doubts that this development is not in the best interest of the Aspen community Fox says the chances of this project actually coming into fruition are “pretty good”.