Thank you for reading Timeshare-Selling-guide.com! Here are the latest news on Timeshares: ———————————–
EVLiving - Jul 14, 2006… they don t have to manage. Hotel condos are not timeshares or fractional ownership. Each owner actually owns their individual … Read more timeshare news here

Asheville Citizen-Times, NC - Jul 16, 2006… break in, Guge said he started receiving complaints from Internet customers in 22 states and Canada who never got the deeds transferred for their timeshares. … Read more timeshare news here

ChronicleHerald.ca, Canada - Aug 1, 2006… But in an interview Friday, MG Fadel, a representative of Bluegreen Timeshares, said they do not tell people they have won anything. … Read more timeshare news here

Vail Daily News, CO - Jul 22, 2006… heart of Avon. Riverfront Village will be an 18-acre development, including hotel rooms, shops, condos and timeshares. But Union … Read more timeshare news here

Inman.com (subscription), CA - Aug 10, 2006… ByOwnerMLS offers listings of homes, condos, timeshares, rentals, vacation homes, townhomes, multifamily housing, vacant land and commercial properties. … Read more timeshare news here

MaineToday.com, ME - Jul 13, 2006Waiting in the wings, however, is a $150 million proposal that, over 10 years, would create a small village of condominiums, timeshares and homes on the … Read more timeshare news here

ADOTAS, NY - Aug 11, 2006… It s something Coburn calls Timeshares, and they re designed to take away the very possibility of click fraud or impression fraud. … Read more timeshare news here

Virginian Pilot, VA - Jul 30, 2006… from Bayside High in 2001 having scored more points than any other basketball player in school history, was on the phone urging folks to buy timeshares. … Read more timeshare news here
———————————– I also came aross some pretty interesting bloggers who happen to be blogging about timeshares, vacations and travel. Here are some.. ———————————–

I’m not at all surprised by anything I’ve read on this thread - only that it has taken so long for this information to come forward. We have been members of RCI since 1984 and until the past 2 years, have been very happy with our experiences. Over the years we have found it VERY easy to take advantage of last minute vacations in March and the first week in January. I found that there was always extra weeks available in Virginia, Arizona, the Carolinas and even Georgia at these times (ski country and Florida / Caribbean usually not available) and we have taken advantage of cheap vacations every year. I’ve always thought of this as one of the major advantages of spending almost $30K to be a member of an exclusive club!

However, in the last two years, this has become almost impossible as the inventory during the shoulder season has dried up. At the same time, RCI reps have all kinds of rental inventory available! When you question this change, you are very adamantly assured that this is “different” inventory (NOT weeks deposited) - I’ve even had a few RCI reps insist that RCI had NEVER offered extra vacations at $169 per week (Cdn$) like I don’t know what I’m talking about.

It is just as upsetting to see RCI inventory offered to non-timeshare owners (who haven’t invested a dime in timeshare)online at the SAME rental prices we, as members, are offered. The inventory is regularly offered on eBay as well. Several weeks ago, there were at least 80 different Fairfield weeks offered on eBay - I am a Fairfield VIP owner and recently contacted Fairfield to ask for a September Sapphire Valley week (which was available on eBay). I was told there was nothing available and when I pointed out that the week was currently available on eBay, received the usual statement about this being ‘different’ inventory - different in what way? Sapphire Valley has been sold out for years so how can it be developer inventory? Don’t lie to us!

From my experience as a long-time owner, this was not going on a few years ago, certainly not in a big way!

Enough already! How do we get a class action suit against RCI going? Wyndham is a publically traded company and they can’t hide this completely. They have to report to shareholders as well as the securities commission. They have to provide audited records to someone I would think. It’s time they were forced to follow rules - timeshare owners have been sold a pack of lies otherwise.

I know, I know - don’t be so naive!

Let’s keep this thread alive and get more people involved. Maybe, we can stir up enough of a hornet’s nest, that we can get some action, or at least RCI’s attention…

There are 4 replies, with the last one on 20/07/2006 at 23:58:57 by Carolinian
Quote:
Points is actually the older of the two systems. The very first timeshares were developed by Hapimag and they were and are points based. The weeks system was a later improvement from French timeshare developers. The market prefered the new weeks system, and it quickly surpassed points. Multi-developer points systems originated in South Africa where they were the brainchild of a former loan shark (or tallyman as they are called there). For the sordid details of points in South Africa, scroll through www.crimeshare.org/77.html (not all the posts are about points, but look for the ones about CRI, flexi-club, star club, club leisure, etc.)

There was an interesting article in Timesharing Today by California timeshare industry veteran Byron Wiegand a few issues back entitled ‘’Points Revisited'’ that makes interesting reading. He revealed that the process of existing RCI resorts in California changing to RCI Points had ground to a halt with the overwhelming majority remaining weeks-based. He also said that many of the points conversion brokers in California who worked to switch individual owners at Points resorts were getting out of business because they had already reached all of those susceptible to changing. Continue Reading This Timeshare Article

Post picked up from an affiliated Timeshare resource. For original articles click on the individual links. Copyright for the syndicated timeshare articles belong to respoective authors.

Tags: Timeshare