Archive for January 2010

FBI probes huge “Ponzi-style” scheme

Jan 31st, 2010 | By Admin | Category: Hot Cuppa Joe, Timeshare Fraud

Thousands in U.S., Canada “financially destroyed”
-by TS Newshound
January 31, 2010 — The Broward Bulldog has published a revealing article by Dan Christensen concerning the infamous EMI Sun Village Resort and Spa in the Dominican Republic. It’s reminiscent in scope and depth of the ponzi scheme run by Michael Kelly a few years ago in [...]



Shell Vacations Raises Growth Capital

Jan 31st, 2010 | By Admin | Category: Finance, USA & Canada

York Capital Management Makes Equity Investment; Company Restructures Credit Facilities
Northbrook, IL (Jan. 31, 2010) –- Shell Vacations LLC, a leader in the development, sales and operation of vacation ownership properties throughout North America, today announced it has received a substantial investment from York Capital Management, a leading global investment firm. As part of the transaction, [...]



Trident Business Management Names Additional Advisory Partners

Jan 30th, 2010 | By Admin | Category: Management, USA & Canada

Scottsdale, AZ (January 30, 2010) – Jim Danz RRP and Bill Tsao, Managing Partners of Trident Business Management, have recently selected two additional Advisory Partners for their organization, joining other respected executives within the lodging and timeshare sectors of the leisure industry.
Newly selected Advisory Partners Gregory B. Sheperd RRP and Richard E. Hulbert RRP have [...]



RCI Renews Affiliation with Bluegreen Corporation

Jan 29th, 2010 | By Admin | Category: Exchange Companies, New Affiliations

PARSIPPANY, NJ (Jan. 29, 2010) — RCI, the global leader in vacation exchange and one of the Wyndham Worldwide family of companies (NYSE:WYN), today announced the renewal of its affiliation with Bluegreen Vacations Unlimited, Inc. and Bluegreen Corporation, who are amongst the largest vacation ownership companies in the industry. This new agreement grants Bluegreen Club [...]



Playa Grande Resort, Cabo implements SPI Orange PMS

Jan 29th, 2010 | By Admin | Category: Design, Refurbishment, Software, etc.

MIAMI, FL (Jan. 29, 2010 — Solmar Hotels & resorts flagship, Playa Grande Resort in Cabo San Lucas, Mexico, has recently entered into an agreement with SPI and has deployed the SPI Orange Property Management System software. Additionally two other resorts within the group, Solmar Resort and Quinto Del Sol, have also installed the SPI [...]



Scoop du Jour: The State of Timeshare

Jan 29th, 2010 | By Admin | Category: Scoop du Jour

PUBLISHED EVERY FRIDAY January 29, 2010 — Posted on the NorthJersey.com website recently was a very abbreviated piece from Gannet News Service by Roger Yu, dated 01-17-2010, telling their readers what most of us within the timeshare industry have known for some time and although the content is not entirely correct, it is worth consideration.

“The recession has been particularly tough on the timeshare business. Sales are down; defaults are up. Resort development has come to a standstill, and thousands of salespeople have been laid off.



The Élan Collection Adds Turks And Caicos Beachfront Estate to Portfolio of Luxury Fractional Shared Interest Properties

Jan 29th, 2010 | By Admin | Category: Caribbean, Destination Clubs, Fractional, PRCs

Special priority sales on one-acre Grace Bay Beach estate began January 25
TURKS AND CAICOS ISLANDS, B.W.I., (January 29, 2010) — The Élan Collection, a distinctive network of ultra luxury shared interest vacation home ownership properties, has commenced priority sales reservations for its deeded, shared interest ownership opportunities in a private beachfront estate on the Turks [...]



EcoBlu Products to be Used in Four Seasons Resort Renovation

Jan 29th, 2010 | By Admin | Category: Destination Clubs, Fractional, PRCs, USA & Canada

VISTA, CA (Jan. 29, 2010) — EcoBlu Products, Inc., (OTCBB:ECOB) announced Jan. 12 RNM Construction, an authorized EcoBlu Products reseller, has been awarded the framing contract for renovations being done at the Four Seasons Residence Club Aviara, North San Diego. RNM will exclusively be building with EcoBlu products utilizing BLUWOOD(TM) technology that protect the lumber [...]



Babitbay Beach Development Launches St. Maarten’s Premier Shared Ownership Option

Jan 28th, 2010 | By Admin | Category: Caribbean, Destination Clubs, Fractional, PRCs

Dawn Beach Club Presents Caribbean Vacation Home Ownership Opportunities in Highly Sought-After Beachside Location
ST. MAARTEN, NETHERLANDS ANTILLES (January 28, 2010) — For those seeking a luxury vacation home that affords the best of Caribbean living for an incredible value, Babitbay Beach Development announces the launch of Dawn Beach Club, the newest and most spacious four-star [...]



Marriott Vacation Club Intl Appoints GM Manager for Legends Edge at Bay Point and Grand Residences

Jan 28th, 2010 | By Admin | Category: USA & Canada

BETHESDA, MD (Jan. 28, 2010) — Marriott Vacation Club International, the vacation ownership division of Marriott International, Inc. (NYSE: MAR) – has appointed Gretchen McCurdy as general manager of Marriott’s Legends Edge at Bay Point and Grand Residences by Marriott at Bay Point in Panama City Beach, Fla.
McCurdy is now responsible for both Marriott’s Legends [...]