Archive for October 2009

MacDonald wins £550,000 in timeshare claim

Oct 30th, 2009 | By Admin | Category: Europe and UK, Legal Issues

-by Simon Bain
Published on 30 Oct 2009
Macdonald Hotels has banked a £550,000 windfall after winning its claim against the timeshare owners’ club which dumped the hotel group from running the Loch Rannoch Highland Resort in 2003.
Macdonald was ousted from managing the resort next door to its remote Loch Rannoch Hotel amid owner discontent when the [...]



Interval Leisure Group to Announce Third Quarter 2009 Financial Results on November 12, 2009

Oct 30th, 2009 | By Admin | Category: Exchange Companies, Finance

Host Conference Call and Webcast at 4:30 p.m. EST
MIAMI, Oct. 29, 2009 — Interval Leisure Group (Nasdaq:IILG) will release its third quarter 2009 financial results after the market closes on Thursday, November 12, 2009. Interval Leisure Group will also host a related conference call beginning at 4:30 p.m. EST that same day, accessible via telephone [...]



Fitch Assigns Stable Outlooks to Sierra Timeshare Receivables Transactions

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

CHICAGO, IL, October 28, 2009 — Fitch Ratings has assigned Rating Outlooks to the notes issued by various Sierra Timeshare Receivables transactions as follows:
Sierra Timeshare 2004-1 Receivables Funding, LLC
–Class A-1 notes ‘AAA’; Outlook Stable;
–Class A-2 notes ‘AAA’; Outlook Stable;
Sierra Timeshare 2005-1 Receivables Funding, LLC
–Class A-1 notes ‘AAA’; Outlook Stable;
–Class A-2 notes ‘AAA’; Outlook Stable;
Sierra Timeshare [...]



Taking Time To Vacation Can Strengthen Marriage — Just Be Sure to Leave the Blackberry Out of the Bedroom

Oct 28th, 2009 | By Admin | Category: Associations and Events, Industry Reports, Miscellaneous News

According to a recent survey by VacationBetter.org, 72 percent of respondents listed time away with their spouse as one of the best ways to reconnect and rekindle romance within the marriage.
Washington, DC, October 28, 2009 — Today’s hyper-busy lifestyle can take its toll on relationships as evidenced by high divorce rates in the United States. [...]



Wyndham Worldwide Reports Third Quarter 2009 Results

Oct 28th, 2009 | By Admin | Category: Finance

Increases 2009 Adjusted EBITDA Guidance
PARSIPPANY, N.J., Oct. 28, 2009 — Wyndham Worldwide Corporation (NYSE: WYN) today announced results for the three months ended September 30, 2009.
HIGHLIGHTS:

Wyndham Worldwide generated diluted adjusted earnings per share (EPS) of $0.58, compared with Company-issued guidance of $0.53 – $0.57. Reported EPS was $0.57. The Company raises full-year 2009 adjusted EBITDA [...]



Mobius Vendor Partners (MVP) Adds Matthew R. Morris As Manager of Information Systems Operations Management

Oct 27th, 2009 | By Admin | Category: Miscellaneous News, People

INDIANAPOLIS, IN (October 27, 2009) – Mobius Vendor Partners (MVP) an Indianapolis-based company that provides business process management and market research services to companies, associations and non-profit organizations has named Matthew R. Morris to the newly created position of Information Systems Operations Management.
His duties include managing CustomerCount® survey deployment for MVP’s clients, IT infrastructure and [...]



Melody Stevenson from Shell Vacations Club Wins RCI’s Envision Your Success Sweepstakes

Oct 26th, 2009 | By Admin | Category: Associations and Events, Exchange Companies, Hot Cuppa Joe

-by TS Newshound
October 26, 2009 – Cheers to Melody Stevenson, who is the grand prize winner of RCI’s resort salesperson incentive program, the “Envision Your Success Sweepstakes”. The prize was awarded Oct. 14 at a special event in Las Vegas, NV.
One of 13 qualifying finalists, Melody was randomly selected as the grand prize winner and [...]



Missouri Attorney General Koster sues Florida telemarketers

Oct 25th, 2009 | By Admin | Category: Legal Issues

Jefferson City, Mo., October 25, 2009 – On Oct. 19 Attorney General Chris Koster filed suit to stop two Florida telemarketing companies from making solicitation calls to Missourians who had previously placed their names on the state’s no-call list.
Koster’s suit is against Summer Bay Sales & Marketing of Clearmont, Florida, and Tele Secure International of [...]



RCI Launches First Ever Green Award for Affiliated Resorts in the Pacific

Oct 23rd, 2009 | By Admin | Category: Exchange Companies

Gold Coast, Queensland – (October, 2009) — RCI, the global leader in vacation exchange and one of the Wyndham Worldwide family of companies (NYSE: WYN), has announced the launch of the first ever “RCI Going Green Award” for its affiliated resorts in the Pacific.
Developed in conjunction with Griffith University, RCI’s Going Green Award was modelled [...]



Devon Trading Standards Brings Charges Against Five Accused Fraudsters

Oct 23rd, 2009 | By Admin | Category: Europe and UK, Legal Issues, Timeshare Fraud

Exeter, Devon, England, October 23, 2009 – Five people connected to St. Frances Marketing Ltd, an Exeter, UK-based holiday marketing company, have been charged by Devon Trading Standards with with 36 charges of unfair trading practices. All five are either present or past directors of St. Frances Marketing.
Carol Small, Karen Henthorne, Mark Herbert, and John [...]