Timeshare Trends Blog

Gold Key Resorts and Interval International have renewed their long-term relationship. It was recently announced that Ocean Beach Club LLC, doing business as Gold Key Resorts, has renewed its affiliation encompassing four resorts in Virginia Beach, Virginia. The multi-year agreement extends the relationship established in 1990 when the company founder and chief executive officer, expanded Gold Key’s hospitality business into timesharing and selected Interval as its exchange program. All Gold Key resorts are located in Virginia Beach and include the Beach Quarters Resort, Villas at the Boardwalk, Turtle Cay Resort, and its newest, the Ocean Beach Club–a high-rise located in the north end of the family-friendly beach community, known for its classic boardwalk.

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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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ILX Resorts, based in Arizona, may be purchased by Diamond Resorts International. Sedona’s Los Abrigados Resort and Spa may soon be under new management if an acquisition offer for ILX Resorts by Diamond Resorts Corp. is approved by the Securities and Exchange Commission. Diamond Resorts will assume all of ILX’s debt in exchange for acquiring all of its property, including three Sedona area resorts. ILX filed for Chapter 11 under the U.S. Bankruptcy Code in March 2009, and its representatives appeared in the District of Arizona’s US Bankruptcy Court in November.

When the acquisition is completed, Diamond Resorts International will assume control of all of ILX’s assets, including its 10 resorts, all its sales and marketing centers, its real estate holdings including five acres in Bullhead City and 2.1 acres in Puerto Peñasco in Mexico. Based in North Las Vegas, Nev., Diamond Resorts is one of the largest timeshare and vacation resort companies in the United States.

It owns or manages more than 150 resorts in Asia, Australia, the Caribbean, Europe and North America, including the Ridge on Sedona Golf Resort, Sedona Summit in Sedona. Sedona Springs, the Villas of Sedona and the Villas at Poco Diablo, all in Sedona. ILX Resorts currently owns Los Abrigados and the Inn at Los Abrigados, both in Sedona, and the Premiere Vacation Clubs with four located in Arizona, as well as Las Vegas, Colorado, Indiana, and San Carlos in Mexico.

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Bluegreen Resorts is now managing the Cibola Vista Resort in Arizona, adding to its ever-increasing roster of Bluegreen affiliated resort properties. The Cibola Vista Resort and Spa is located in the Phoenix suburb of Peoria and is a luxury timeshare property located between the popular Lake Pleasant recreational area and the city of Phoenix.

The property is in close proximity to Cardinals’ stadium and numerous Major League Baseball spring training venues. The resort boasts amenities including a spa, fitness center, two pools, meeting rooms and equestrian programs, in a western village-themed environment. There’s a total of 204 units, including studio, one-bedroom, two-bedroom and penthouse accommodations, all offered in Spanish Colonial-designed buildings.

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