Timeshare Trends Blog

The timeshare arm of the Walt Disney Company, is experiencing huge losses now that it has lost its access to a long standing line of credit it had been tapping to raise cash by selling bundles of its timeshare mortgages it issues to individual buyers.

Disney sold $17 million in Disney Vacation Club memberships in its last quarter compared to $41 million one year ago. With Disney being forced to carry the timeshare mortgages as opposed to cashing them out will end up slowing Disney Vacation Clubs earnings and growth.

Bookmark To:

Disney Vacation Club continues unprecedented growth with two new development projects in Disney World.

Two highly anticipated resort developments announced today will expand the Disney World experience and continue the rapid growth of Disney Vacation Club, Disney’s vacation-ownership program. The 15-story Bay Lake Tower at Disney’s Contemporary Resort is scheduled to open in the Fall of 2009, and the Treehouse Villas at Disney’s Saratoga Springs Resort & Spa, is scheduled to open in summer 2009.

Bay Lake Tower sales began in September 21 for Disney Vacation Club Members. Disney’s Saratoga Springs Resort & Spa sales will begin at a later date.

To view the latest deals on international timeshares for rent or purchase on our web site, click here.

Bookmark To: