Timeshare Trends Blog

FRAUD ALERT

WE HAVE BEEN ALERTED TO A NEW FRAUD BEING PERPETRATED ON OUR CUSTOMERS.

COMPANIES ARE CALLING OUR CUSTOMERS AND ADVISING THEM THAT THEY WORK WITH TIMESHARES BY OWNER® AND THAT THEY HAVE A BUYER. THEY FURTHER STATE YOUR LISTING PRICE, THAT THEY ARE A FINANCE COMPANY, AND THAT THE BUYER HAS ALREADY DEPOSITED 20% OF THE PURCHASE PRICE. THEY REQUIRE THE PAYMENT OF A FEE FOR CLOSING AND FINANCE CHARGES.

THIS IS A FRAUD THAT IS BEING CONDUCTED WITHOUT OUR AUTHORIZATION. WE DO NOT WORK WITH ANY OTHER COMPANY TO SELL YOUR TIMESHARE. IF THE COMMUNICATIONS DOES NOT COME FROM US, IT IS FRAUDULENT.

IF YOU RECEIVE THIS CALL, PLEASE CALL BECKY GOMEZ OF TIMESHARES BY OWNER® IMMEDIATELY TO REPORT IT AT 888-707-8463.

THANK YOU FROM THE STAFF OF TIMESHARES BY OWNER

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The Wizarding World of Harry Potter is scheduled to open this spring at Universal Orlando. Currently, the Hogwarts castle is beginning to take shape above Hogsmeade. Hogwarts will be the home of a new, state-of-the-art attraction, Harry Potter and the Forbidden Journey, that uses groundbreaking technology to bring the magic, characters and stories of Harry Potter to life.

The Wizarding World of Harry Potter will feature multiple themed attractions, shops and a restaurant. It will be known as a “Theme Park within a Theme Park”. The Harry Potter theme park will open around the same time as the Harry Potter and the Deathly Hallows movie. This 20-acre theme park built within the Islands of Adventure Park will enable visitors to experience scenes from the books and movies.

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The Oceana Palms of the Palm Beaches has recently opened as Marriott Vacation Club’s 50th resort. The Marriott Vacation Club, the premiere timeshare brand of Marriott International, officially welcomed owners and guests in January. Perfectly situated in the heart of Palm Beach County and on the tip of Florida’s “Gold Coast,” the first phase is completed with a 19-story tower offering spectacular ocean views from 75 two-bedroom villas (169 proposed villas upon build-out).

Located just steps from the water, owners and guests will enjoy spending the day on the beach or relaxing by the pools while the kids play in the zero-entry pool featuring “The Splash Zone” and waterslide. The “Reflections” pool bar and grill is also on site. Each villa has more than 1,100 square feet of living space and a blend of traditional furnishings and fresh, contemporary pieces.

Villas feature a fully-equipped gourmet kitchen with granite countertops and GE stainless steel appliances, generous living and dining areas, multiple LG flat-panel televisions with DVD players, an oversized shower with multiple shower heads in the master suite, and washer/dryer. Each villa accommodates up to 8 guests.

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Wyndham Vacation Ownership occupancy through the first half of 2009 increased versus last year at about 75% of its resorts. Wyndham Vacation Ownership headquartered in Orlando, is a division of Wyndham Worldwide.

According to the latest statistics provided by Wyndham, their resort occupancy is slightly up at about 75% of its network of more than 150 resorts worldwide from January through June over the same period as last year. Advanced bookings are also up 3% for the balance of the year. After a tough 2008, it appears that 2009 is trending in the right direction.

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Timeshare division of Marriott International has hurt earnings. According to the Orlando Sentinel, Marriott International lost $466 million in the recent quarter on hefty impairment charges from its Orlando-based timeshare business, which declined drastically in the recession as vacationers cut back spending.

Marriott lost $1.31 a share for the period ending September 11 compared with a profit of $94 million or 25 cents a share a year earlier. In the recent quarter, adjusted timeshare contract sales declined 42% to $176 million, compared with $49 million in the prior year quarter.

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Wyndham recently announced that its Orlando-based timeshare division issued $350 million in notes backed by timeshare receivables. Tom Conforti, Wyndham’s chief financial officer was quoted as saying that the transactions suggest a steadily improving asset-backed securities market, evidenced by significantly better pricing.

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Jimmy Johnson’s Fisherman’s Cove in the Florida Keys is Florida’s newest resort to become a member of the Registry Collection Exchange Program, the world’s largest luxury exchange program offered by Group RCI, the European leader in vacation rentals, and part of the Wyndham Worldwide family of brands.

Fisherman’s Cove epitomizes the best of the Keys outdoor and entertainment opportunities including celebrated sunsets, world-class sport fishing, outstanding diving, a thriving art community, lively nightlife and delightful waterfront dining. This private residence club has only a total of 48 owners. Guests enjoy on-site amenities that include an outdoor swimming pool and cabanas, private dock and boats for personal use of owners, rooftop terrace with a jetted tub, wet bar and sunbathing area, a state-of-the-art fitness center, waterfront dining and room service, and an exceptional staff to handle all needs and requests.

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The Florida Courts rule that an out-of-state real estate broker must be licensed and cannot accept advance fees for selling a timeshare. On July 8, 2009, the Circuit Court for Leon County in Florida ruled that Stroman Realty, a Texas real estate broker, violated Florida law by not becoming licensed in the State of Florida, and could not collect an advance fee for listing a timeshare.

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Timeshares by Owner® announces the availability of one, two and three bedroom suites available at four and five star resorts for rent, just in time for Super Bowl XLIII.

Timeshares by Owner® has made it simple for football fans to find the best Super Bowl rentals in South Florida by allowing fans to take advantage of our Timeshare Concierge Service™. This unique timeshare service allows you to have a qualified representative quickly and easily find you the Super Bowl rental property that best fits your needs. Call Tiffany Torres of Timeshares by Owner® at 888-707-8463, or email buyorrent@timesharesbyowner.com. You can also visit our Web site at Timeshares by Owner for more information.

Super Bowl is usually a time where friends and family gather together and will have memories for years to come. Hotels usually sell out by Super Bowl time and many people are searching for other options that are convenient and affordable. Timeshares By Owner® makes that experience more enjoyable by offering a convenient and relaxing place to stay.

The staff at Timeshares by Owner® is committed to your satisfaction. Rent a timeshare and find the perfect size, price, and location for couples, families, or friends. Our database of available timeshares for rental or purchase provides world-class resorts to unwind, relax, and enjoy quality and service.

For more information contact us now!

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Disney takes more of the burden of troubled timeshare mortgages from Citigroup. With the growing number of timeshare buyers defaulting on their loans, the Walt Disney Company recently assumed more than $200 in liability to preserve a credit agreement between its timeshare subsidiary and banking giant Citigroup.

The maneuvering involves a 1999 agreement in which the Disney Vacation Club would bundle together timeshare mortgages it issued to individual buyers and sell them to Citigroup. It was a lucrative way for Disney to make money, but Citigroup has virtually stopped buying mortgages from Disney, so in order to maintain an agreement, Disney has assumed more liability and will reacquire trouble Vacation Club loans from Citibank.

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