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Archive for November 2009

Timeshare Repurchaser (a "Postcard Company") Settles With Vermont Attorney General

Nov 20th, 2009 | By Admin | Category: ALL NEWS HEADLINES, Legal Issues, Timeshare Fraud, Timeshare Resales/Rentals

MONTPELIER, Vermont, November 20, 2009– Apex Professionals, LLC, a Reno, Nevada, company, will pay over $64,000 to 15 consumers and $65,000 in penalties and costs to the State of Vermont to settle claims that it violated Vermont law in arranging the repurchase of timeshares. Commenting on the settlement, Vermont Attorney General William H. Sorrell warned [...]



Lifestyle Holidays Vacation Club, Dominican Republic, and Globalia Corporation Form New Partnership in Puerto Plata

Nov 19th, 2009 | By Admin | Category: ALL NEWS HEADLINES, Caribbean, Travel/Vacation Clubs

Joint Venture Between Two Mega Hospitality Firms To Be Unmatched In Industry
PUERTO PLATA, Dominican Republic, Nov. 18, 2009 — Lifestyle Holidays Vacation Club (LHVC), located in Puerto Plata on the North Coast of the Dominican Republic, announces a strategic alliance with Spain-based Globalia Corporation, starting with a high-end project in Puerto Plata to include [...]



Cyprus Investment Festival to Launch in Qatar

Nov 17th, 2009 | By Admin | Category: ALL NEWS HEADLINES, Associations and Events, Destination Clubs, Fractional, PRCs, Condo Hotels, Middle East

Nicosia, Cyprus, November 17, 2009– In a changing world, ignoring new potential markets is not the smartest strategy.
If one pays any attention to people like Albert Einstein, they might remember to consider his words of wisdom when he said… “the definition of insanity is repeating the same processes over and over again, and expecting new [...]



Update on Timeshare in the UK & Europe

Nov 16th, 2009 | By Admin | Category: ALL NEWS HEADLINES, Associations and Events, Europe and UK, SPECIAL FEATURES, The Coffee Club

-by TS NewshoundNov. 16, 2009 – To catch up the yanks in the audience to what’s happening across the pond, here are a few updates on industry business in Europe and the UK.
Maybe of most interest to the bulk of us who work in the business is what’s happening to the industry in the current financial [...]



RCI EXPANDS RELATIONSHIP WITH ICE

Nov 16th, 2009 | By Admin | Category: ALL NEWS HEADLINES, Exchange Companies

Parsippany, N.J. November 17, 2009 — RCI, the global leader in vacation exchange and one of the Wyndham Worldwide family of companies (NYSE: WYN), has announced the extension and expansion of its strategic alliance with International Cruise & Excursions, Inc. (ICE), the worldwide industry leader for integrated cruise and leisure packages to the vacation ownership [...]



What’s the Story on Timeshare Sales in Mexico?

Nov 14th, 2009 | By Admin | Category: ALL NEWS HEADLINES, Mexico & Latin America, SPECIAL FEATURES, The Coffee Club

-by TS Newshound
Nov. 14, 2009 – High season is just around the corner in Mexico and in spite of the economic downturn and negative press about violence and flu there are timeshare companies still moving doggedly along with sales and expansion. The most active sales decks are still in Cancun/Mayan Riviera, Cabo and Vallarta, but [...]



Interval Leisure Group Reports Third Quarter 2009 Results

Nov 13th, 2009 | By Admin | Category: ALL NEWS HEADLINES, Exchange Companies, Finance

MIAMI, Nov. 12, 2009 (GLOBE NEWSWIRE) — Interval Leisure Group (Nasdaq:IILG) (“ILG”) today announced results for the three months ended September 30, 2009.
THIRD QUARTER 2009 HIGHLIGHTS

ILG generated diluted earnings per share of $0.14
Consolidated EBITDA was $34.9 million
Third consecutive quarter of gross margin year-over-year improvement
The Interval segment delivered revenue of $83.3 million, or $84.6 million in [...]



Robb & Stucky Directs Complete Renovation of Carriage House

Nov 12th, 2009 | By Admin | Category: ALL NEWS HEADLINES, Design, Refurbishment, Software, Consulting, etc.

FORT MYERS, Fla., November 12, 2009 — Robb & Stucky Interiors, one of North America’s largest home furnishings and interior design companies, has been engaged to direct the complete room renovation of the 155-unit Carriage House in Las Vegas, Nevada.
Managed by Outrigger Lodging Services, the Carriage House is currently used as both a hotel and [...]



Silverleaf Resorts, Inc. Reports Third Quarter 2009 Results

Nov 11th, 2009 | By Admin | Category: ALL NEWS HEADLINES, Finance

DALLAS, TX, Nov. 11, 2009 — Silverleaf Resorts, Inc. (NASDAQ: SVLF) today reported the following results for its third quarter ended September 30, 2009.
Financial results for the third quarter of 2009:

Gross Vacation Interval sales of $70.4 million
Net loss of $3.9 million and loss per share of $0.10 (net income of $7.2 million and diluted earnings [...]



Geovillage Sport and Wellness Resort Selects Global Exchange Leader Interval International

Nov 10th, 2009 | By Admin | Category: ALL NEWS HEADLINES, Europe and UK, Exchange Companies, New Affiliations

Sports Village and Spa Resort Close to Costa Smeralda Joins Quality Exchange Network
LONDON, Nov. 10, 2009 — Interval International, a leading global provider of vacation services and an operating segment of Interval Leisure Group (Nasdaq:IILG), today announced the affiliation to its vacation exchange network of Geovillage Sport and Wellness Resort. Designed around the principles [...]