Timeshare Trends Blog

The Mountain Resort at Panorama is now a Grand Pacific Management resort. Grand Pacific Resort Management, a privately owned vacation ownership management company located in Carlsbad, California has been awarded the contract to manage the Mountain Resort at Panorama in British Columbia. Mountain Resort at Panorama is nestled in the Canadian Rockies within the Panorama Mountain Village complex. Panorama is an area rich with rugged natural beauty. Surrounded by creeks, lakes, forests, and mountains, the resort offers seasonal outdoor activities ranging from on-site downhill and cross country skiing in the winter to golf, tennis, hiking and rafting in the summer.

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Timeshare By Owner has announced its Code of Conduct in a recent press release. Timeshares By Owner (TSBO), according to its CEO, is doing this because “there are a lot of bad actors in the timeshare resale industry and we want to display that we have the right intentions.” TSBO, the leading timeshare advertising company, conducts a multimedia advertising campaign that includes Google, Yahoo, Bing, AOL, Facebook, its own radio show, billboards and print advertising. In addition, there’s a full-time Timeshare Concierge service that matches the thousands of offers received per month to its clients. The Code of Conduct distinguishes TSBO from the rest of the industry and informs consumers of their guiding principles, and provides consumers with a set of promises that they can depend on. The Code of Conduct follows 10 points: to advertise your timeshare until it sells, rent your timeshare every year with no additional cost until it sells, showcasing on its website every year and renewal is free (just contact each year by letter, phone or email requesting a free renewal), to never divert for sale by owner leads to a real estate broker that will charge another fee, never charge any fee other than for advertising services, a sales and customer service staff that will treat you honestly and fairly, a customer service department will call back after no more than 48 hours and will try to take calls live, to be notified every time someone views an ad even if there is no offer, a concierge service that will forward as many offers as possible, and last but not least to continue to use the most sophisticated and effective marketing techniques so that offers will be obtained.

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The Namaste Oasis Private Residence Club has selected FractionalExchange.com for its exchange needs. Located in the Pacific northwest area of Costa Rica, this area is widely known for its surfing and its yoga retreats. It is well protected in the environmental sense, and currently remains one of the most pristine and authentic parts of Costa Rica. The Namaste property consists of two-bedroom and two bath units with an open concept living space that embraces indoor and outdoor living. All units have an open terrace, where you can watch the antics of howler monkeys in the canopy above. You have access to a state-of-the-art “floating bridge” and lushly landscaped common areas with a crystal clear pool and private deck area.

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Ixchel Residences is now affiliated with RCI, a global leader in vacation exchange. The Ixchel Residences, located on Isla Mujeres, an island that is a world away from busy Cancun with a peaceful and laid-back lifestyle, is a popular beach destination just a 20-minute ferry ride from either Puerto Juarez or Cancun. The resort features 14 exclusive luxury villas and 117 deluxe rooms and offers several on-site amenities including a gym, heated pool, an area with lounge chairs on the beach and high-speed wireless Internet.

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The Pacifico Diamante Private Residence Club will be an Interval International property. Located in Acapulco, the property will feature 200 three and four-bedroom fractional units being built in five phases during the next several years. They have been designed with a sophisticated contemporary décor and feature spacious dining and living rooms, marble floors, fully equipped gourmet kitchens with granite countertops and stainless steel appliances, state-of-the-art electronics, Wi Fi Internet access, and private outdoor terraces. The complex’s modern buildings are set in manicured gardens around a central courtyard with a swimming pool and children’s splash pool. Plans call for a private beach club, restaurant, tennis courts, paddle tennis, gym, sauna, spa, and concierge service to be available upon completion of the first phase.

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The Four Seasons Hotels and Resorts has secured financing for $360 million to build a luxury resort right on Disney World property and will commence construction in December 2011. The 444-room hotel will include a rooftop restaurant with views of the Magic Kingdom and a lazy river water feature, among other amenities, and is expected to open in mid to late 2014. The project will include as many as 40 Four Seasons timeshare units and up to 90 private residences.

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Holiday Inn Club Vacations properties are expanding. The Orlando based company has recently announced that a transaction has been officially closed with Summer Bays Resorts to add two new destinations to the Holiday Inn Club Vacations brand of resorts. The Desert Club Resort in Las Vegas and the Sunset Cove Resort in Marco Island, Florida will become Holiday Inn resorts, Sunset Cove is scheduled to join the brand in October and Desert Club Resort will join in the Spring of 2012. Both properties are “gold crown” resorts and add to six properties already under the Holiday Inn name.

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The Palmyra Resort and Spa in Jamaica has joined the Registry Collection of resorts, the largest luxury exchange program in the world. Located near the Rose Hall enclave, amidst tropical landscapes and mountain scenery and just minutes from Montego Bay, the resort epitomizes a tropical paradise. The resort has its own private beach, three PGA ranked golf courses, private butler service, chef, concierge, and a premier luxury spa as well as two seafront swimming pavilions. Each residence offers great view of the Caribbean and the property’s palm-tree lined white sand beach.

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Silverleaf Resorts, Inc. has been acquired by SL Resort Holdings Inc., an affiliate of Cerberus Capital Management. The transaction was approved by Silverleaf’s Board of Directors. Under the agreement, Silverleaf shareholders will receive cash for each share of Silverleaf common stock they own, and Cerberus has agreed to provide equity financing for the full amount of the merger. Upon completion of the transaction, Silverleaf, based in Dallas, Texas, will become a private company, wholly owned by Cerberus, and its common stock will no longer be traded. Silverleaf consists of 14 resorts located throughout Texas, Missouri, Massachusetts, Illinois, Georgia, Florida, and Colorado.

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Shell Vacations has added Park Manor Suites in San Diego to its portfolio. As a result of Shell Vacation ownership, the resort will change its name to Inn at the Park. The chairman of Shell Vacations has indicated that this will be a signature location for its resorts. The property offers two dining outlets, is imbued with European ambiance and neo-renaissance architecture and features a combination of studio, one and two bedroom suites, ranging in size from 525 to 1,000 square feet, with 9-foot ceilings and large sage windows with postcard-picture views of the city below. Some units have balconies for enjoying the famed San Diego weather.

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