Archive for September 2009

Vacation Timeshares Drop at Record Pace as Americans Cut Back

Sep 29th, 2009 | By Admin | Category: Finance

Sept. 29 (Bloomberg) — U.S. vacation timeshare sales may fall the most this year since the industry gained popularity in the 1970s as consumers forgo spending to ride out the recession.
Sales may drop 30 percent this year from 2008, said Howard Nusbaum, president and chief executive officer of the American Resort Development Association, a Washington-based [...]



Global Connections Sales VP Helps Guide Success

Sep 24th, 2009 | By Admin | Category: Associations and Events, Travel/Vacation Clubs

Overland Park, KS- We are often inspired after learning about someone who has overcome tremendous adversity or obstacles to achieve a seemingly unrealistic goal. The people who successfully conquer these challenges are different from most of us. Frequently, their motivation seems to be driven by an intensely positive attitude, while also bringing out the best [...]



Belize Joins Senior Hospitality Executives at the 11th Annual Vacation Ownership Investment Conference

Sep 23rd, 2009 | By Admin | Category: Associations and Events, Caribbean

Belize City, Wednesday, September 23, 2009 – Belize joined more than 750 delegates and senior hospitality executives at the Eleventh Annual Vacation Ownership Investment Conference held on September 14th – 17th at The Peabody Orlando.
The event educated attendees about the tremendous potential of the vacation ownership industry, one of hospitality’s most vibrant sectors with over [...]



Research Shows Vacations Can Actually Make Kids Smarter

Sep 23rd, 2009 | By Admin | Category: Associations and Events, Miscellaneous News

Washington (PRWEB) September 23, 2009 — As the nation’s children settle in for another school year, many parents and teachers wonder how the summer break affected their children’s academic achievement. VacationBetter.org announces a new analysis of a U.S. Department of Education study finding that children who travel over summer break – whether to a beach, [...]



Marriott to Write Down $760 Million in Timeshares

Sep 23rd, 2009 | By Admin | Category: Finance

Bethesda, MD, Sept. 23, 2009- In a statement released today Marriott International Inc. said it plans to take a third-quarter pretax charge of $760 million in its timeshare business as the economic slowdown cuts leisure travel and investing.
The company will cut prices, halt development at some luxury fractional ownership and residential resorts, and sell some [...]



American Resort Development Association Advises Precautionary Steps in Timeshare Resales Market

Sep 17th, 2009 | By Admin | Category: Associations and Events

Washington, DC, September 17, 2009- Today the American Resort Development Association (ARDA) released two advisories to help consumers and timeshare owners navigate through the secondary market, which includes timeshare resellers, internet advertisers and other resale companies, to ensure a safe and positive selling experience. The advisories were developed to help dispel the growing misinformation and [...]