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Archive for December 2009

Ultimate Escapes Receives Delisting Notification from NYSE Amex

Dec 12th, 2009 | By Admin | Category: ALL NEWS HEADLINES, Destination Clubs, Fractional, PRCs, Condo Hotels, Finance

ORLANDO, FL, December 12, 2009 — Ultimate Escapes, Inc. (NYSE Amex: UEI and UEI.WT) (“Ultimate Escapes” or the “Company”) announced that on December 7, 2009, it received notification from NYSE Amex LLC indicating that NYSE Amex intends to file a delisting application with the Securities and Exchange Commission (“SEC”) to remove the Company’s units, warrants [...]



Starwood Completes Sale of Timeshare Loans

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

WHITE PLAINS, N.Y., December 11, 2009 — On December 10th, Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) completed a securitization involving the issuance of $166 million of notes by SVO 2009-B VOI Mortgage Corporation. Starwood contributed approximately $200 million in timeshare mortgages with an 83% advance and note rate of 5.81%. Starwood expects that [...]



Grand Lodges Mount Hood Chooses to Affiliate Its Fractional Ski-in, Ski-out Resort with Interval International

Dec 10th, 2009 | By Admin | Category: ALL NEWS HEADLINES, Destination Clubs, Fractional, PRCs, Condo Hotels, Exchange Companies, New Affiliations

MIAMI, FL, December 10, 2009 — Interval International, a leading global provider of vacation services and an operating segment of Interval Leisure Group (Nasdaq:IILG), today announced the addition of Grand Lodges to its vacation exchange network. Tucked into Oregon’s majestic Cascade Mountain Range a few miles from Mt. Hood, this new fractional resort offers four [...]



Are You On the List of "Deadbeat" Resorts/Travel Sites?

Dec 10th, 2009 | By Admin | Category: Legal Issues, SPECIAL FEATURES, The Coffee Club, Timeshare Fraud

-by TS Newshound
It’s funny how when you’re researching something on the Google you can get all twisted around and end up at places you never meant to go. That happened to me yesterday. I was looking for one thing and discovered something else. That something else is a website called “Dialing for Deadbeats“, which is [...]



Robb & Stucky Prepares New Interiors For Bluegreen’s Harbour Lights Resort

Dec 10th, 2009 | By Admin | Category: ALL NEWS HEADLINES, Design, Refurbishment, Software, Consulting, etc.

FORT MYERS, FL, December 9, 2009 — Robb & Stucky Interiors, one of North America’s largest home furnishings and interior design companies, is preparing for the installation of furnishings for Bluegreen Corporation’s Harbour Lights Resort in Myrtle Beach, South Carolina.
Robb & Stucky Senior Designer Nancy Woodhouse, IDS, selected a coastal design embracing an easy living [...]



ATTORNEY GENERAL ISSUES CEASE AND DESIST ORDER AGAINST PREMIER TIMESHARE SOLUTIONS

Dec 9th, 2009 | By Admin | Category: ALL NEWS HEADLINES, Legal Issues, Timeshare Fraud, Timeshare Resales/Rentals

BISMARCK, ND, December 9, 2009 – Attorney General Wayne Stenehjem yesterday issued a Cease & Desist Order against C & G Marketing Associates doing business as Premier Timeshare Solutions of Palm Beach Gardens, Florida, and its principals, Jose Goyos, also known as Jose Manuel Goyos, and Kristina Cameron for violations of North Dakota consumer fraud, [...]



Timeshare Professional Slams the Timeshare Industry

Dec 8th, 2009 | By Admin | Category: ALL NEWS HEADLINES

Las Vegas, NV, December 8, 2009 — Rescission rates are at an all time high due not only to the economy but due to the fact that many timeshare owners are left without assistance and guidance on meeting their obligations.
Timeshare ownership is not economically viable for families with limited resources or family commitments.
It does however [...]



Kohler Co. Acquires Historic Hamilton Hall in St. Andrews

Dec 8th, 2009 | By Admin | Category: ALL NEWS HEADLINES, Destination Clubs, Fractional, PRCs, Condo Hotels, Europe and UK

Fife, Scotland, December 8, 2009– In June, 2005 Wasserman Real Estate Capital, a 44-year-old, family-owned real-estate company with retail, multi-family and mixed-use properties located throughout the United States and Europe, purchased the historic Hamilton Hall. A stately 45,000-square-foot, four-story hotel that overlooks the 18th hole and first green of The Old Course, Hamilton Hall sits [...]



Government ShareCare!

Dec 7th, 2009 | By Admin | Category: SPECIAL FEATURES, Scoop du Jour

PUBLISHED EVERY FRIDAY December 7, 2010 — Will timeshare developers soon be providing health care plans for their 1099 sales agents as some do for their ‘employee-status’ sales reps? If the heavily debated 2000+ page Federal health care plan becomes law developers may have no choice in the matter and will have some big decisions to make.



RCI® TV Goes Public — Revolutionary Network Now Live and Interactive to All Consumers on RCI.com

Dec 7th, 2009 | By Admin | Category: ALL NEWS HEADLINES, Exchange Companies

World’s Largest Vacation Exchange Company Continues to Expand RCI TV to Promote Affiliated Resorts and the Vacation Ownership Industry
Parsippany, NJ, December 7, 2009– RCI, the global leader in vacation exchange and one of the Wyndham Worldwide family of companies (NYSE: WYN), announced Nov. 30 that RCI TV, its innovative web-based television network that until now [...]