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Who’s on Point?

 
WHO’S ON POINT?
 
Who’s doing what to whom in timeshare land, and where and when? We’ve got the skinny.

If it’s Saturday, it’s time to pull up a stool, grab some popcorn and find out what’s going on!

The GateHouse, a blog powered by InsideTheGate.com, reports on what’s trending in the timeshare industry, sharing the good, bad and ugly on a weekly basis.

This is your best source for timeshare news, exposés, ideas, gossip, argument, opinion, speculation, and editorial comment. Are you in Bangkok? Cancun? London? Orlando? No matter where you are, we’ve got news for you!
 
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Permanent link to this article: https://www.insidethegate.com/gatehouse/2017/08/welcome-to-the-gatehouse-3/

The Biz According to Snidely: February 17, 2018

baby 

Captious Captions by Sam Snidely

Little Tommy showed up for sales training this morning and ‘rode’ with Debbie Downer during the first wave.

Now, with the second wave soon starting – being fully trained & prepared as a sales professional who is also well versed in the products and services he’ll be representing (including the worldwide travel and vacation industry) – Tommy’s success is guaranteed.

Welcome aboard, Jr.



This column, formerly known as “Weekly Wisecrack” is primarily (but not always) a somewhat snarky look inside the workings of the timeshare industry, usually from the viewpoint of sales and marketing representatives. It strives to shed light on the real-life issues faced by timeshare professionals working in the industry. Do you have a different point of view? Leave your own caption or opinion in the Comments if you’re so inclined…
Image Source: clipart-library.com

Permanent link to this article: https://www.insidethegate.com/gatehouse/2018/02/the-biz-according-to-snidely-february-17-2018/

Timeshare Odds and Ends: February 17, 2018

Timeshare news 24/7
We all know about “legacy” resorts, a euphemism for those older, once-loved properties that have long been sold out, have seen better days and are now struggling to survive. There are companies that specialize in managing such properties, helping to resell defaulted weeks, to collect overdue maintenance fees, bring the resort up to snuff, etc. Sometimes they’re even successful, and that’s a good thing!

Scoop says that according to ARDA “the average age of an owner is 47 years old. If that statistic is correct then, obviously, 25 years from now those folks will be part of the retiree crowd with their average age then being 72 years old.”

So how would you feel, you “way-over 47’s”, at being considered a “legacy owner”? Are legacy owners responsible for the state of affairs with legacy resorts? Should you feel guilty? Is it all your fault?

So what’s the Scoop?. What can (and should) be done to resolve such an issue? What does the future hold for the industry? Shall we crunch some numbers? See Scoop du Jour: Legacy Timeshare Owners/Members

 


 

Yet another episode of Murder in the School Yard.

From IndyWeek.com:

Eighteen school shootings so far this year alone. Think of that! Eighteen fatal school shootings in 45 days. Twenty-five fatal school shootings since Columbine in 1999. And that’s just school shootings.

Here’s a graphic from the NY Times showing some of the deadliest mass shootings in the USA.

Mass shootings, graphic courtesy NY Times

Do you think we as a nation will ever do anything to address our murderous legacy? Or has it become OK to murder children now?

Alicia Blonde, a teacher at the school in Parkland, remarked that it seems like we’re more concerned about athletes taking a knee at a football game than we are about protecting our children in school.

If you think I don’t sound all giddyup about the situation, well… Tell me off in the Comments section (below the Tweet of the Week). shrug



TWEET OF THE WEEK:

Have you seen the world yet?

Where are YOU going this year?

Permanent link to this article: https://www.insidethegate.com/gatehouse/2018/02/timeshare-odds-and-ends-february-17-2018/

Weekly Jukebox: February 17, 2018

Neon Jukebox 

Prince may have been small in physical stature, but what a giant talent he possessed! Wikipedia says “Prince Rogers Nelson (June 7, 1958 – April 21, 2016) was an American singer, songwriter, record producer, multi-instrumentalist, actor, and director. He was known for his electric work, flamboyant stage presence, extravagant dress and makeup, and wide vocal range. His innovative music integrated a wide variety of styles, including funk, rock, R&B, new wave, soul, psychedelia, and pop. He sold over 100 million records worldwide, making him one of the best-selling music artists of all time. He won eight Grammy Awards, six American Music Awards, a Golden Globe Award, and an Academy Award for the 1984 film Purple Rain. He was inducted into the Rock and Roll Hall of Fame in 2004.”

That’s all true, yet somehow it doesn’t seem like enough. Ah, the world will never see his like again.

What are YOU listening to tonight? And what would you like to hear?



The Weekly Juke Box aims to feature good music/good fun regardless of era or genre. Send in your own favorite and if I can find a good version on YouTube I’ll post it for you! What would you like to see or hear? gatekeeper@insidethegate.com

Permanent link to this article: https://www.insidethegate.com/gatehouse/2018/02/weekly-jukebox-february-17-2018/

Timeshare Business News: February 17, 2018

Monopoly Board 

Three (count ’em!) timeshare companies will be releasing their 4th quarter and full year financial reports within a day of each other: One on Feb. 27 and two on Feb. 28.

The three are Marriott Vacations Worldwide (on the 27th); and both ILG and Hilton Grand Vacations (on the 28th).

$$$► Marriott Vacations Worldwide Corporation (NYSE: VAC) will report financial results for the fourth quarter and full year 2017 before the market opens on February 27, 2018. A conference call is scheduled to follow at 10:00 a.m. ET to discuss the company’s results.

Participants may access the call by dialing (877) 407-8289 or (201) 689-8341 for international callers. A live webcast of the call will also be available in the Investor Relations section of the company’s website at www.marriottvacationsworldwide.com.



$$$► Hilton Grand Vacations Inc. (NYSE:HGV) will report financial results for the fourth quarter and full year 2017 after the financial markets close on Wednesday, Feb. 28, 2018, followed by a teleconference on Thursday, March 1, 2018, at 11 a.m. (EST).

To access the live teleconference, please dial 1-888-312-3049 in the U.S./Canada (or +1 323-794-2112 internationally) approximately 15 minutes prior to the teleconference’s start time and reference ID# 5199320. A live webcast will also be available by logging onto the HGV Investor Relations website at http://investors.hgv.com/events-and-presentations.

Be there or be square. 😀



$$$► ILG is also going to release release its fourth quarter and full year 2017 financial results after the market closes on Wednesday, February 28, 2018. ILG will also host a related conference call beginning at 4:30 p.m. ET that same day, accessible via telephone and the Internet.

Participants may access the call by dialing 844-832-7221 or 973-638-3062 for international callers and using Conference ID: 8973227. A live audio webcast will be available on the Investor Relations section of ILG’s website at www.ilg.com. Please register at least 10 minutes before the conference call begins. A replay of the call will be available for seven days. The replay can be accessed at 855-859-2056 or 404-537-3406 for international callers and using Conference ID: 8973227. The webcast will be archived on ILG’s website for 90 days after the call. A transcript of the call will also be available on the website.



Tip JarTip us off! Share news and info with us securely and confidentially. Some of the most important stories published by the GateHouse have come from anonymous or confidential tipoffs. If you have something sensitive to share, you can safely email the Gatekeeper. We will never reveal your identity without your permission. As well, if you have something positive to share, we’d like to hear that, too! CONTACT: gatekeeper@insidethegate.com

Permanent link to this article: https://www.insidethegate.com/gatehouse/2018/02/timeshare-business-news-february-17-2018/

New Jersey Timeshare News: February 17, 2018

>> EASTERN TIMESHARE NEWS:

Timeshare news 24/7 

PARSIPPANY: In the “Getting smaller” category, Wyndham Worldwide is selling its European vacation rental business to Platinum Equity for approximately $1.3 billion smackaroos.

This sale is related to the spinoff of the company’s hotel business from its vacation ownership and timeshare exchange businesses, which will result in two separate, publicly traded companies. The spinoff is expected to close in the second quarter of 2018 (subject to customary closing conditions including works council consultation and so on and so forth).

The European vacation rental business didn’t fit with either of the two segments, so it was put on the block. That business, by the way, is the largest manager of holiday rentals in Europe, with more than 110,000 units in over 600 destinations in more than 25 countries. The business operates more than two dozen local brands, including cottages.com, James Villa Holidays, Landal GreenParks, Novasol and Hoseasons. It generates approximately $750 million in annual revenue and approximately $130 million of EBITDA (earnings before interest, taxes, depreciation and amortization), including allocated costs.
 
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Permanent link to this article: https://www.insidethegate.com/gatehouse/2018/02/new-jersey-timeshare-news-february-17-2018/

New York Timeshare News: February 17, 2018

>> EASTERN USA NEWS
Timeshare news 24/7 

ALBANY: Xavier Walton, a Texas man from San Antonio, was arraigned on an indictment charging him with fraudulently soliciting and receiving payments from timeshare owners.

The indictment came down in New York because one of his alleged victims resides in Saratoga Springs, NY. Walton received a total of more than $285,000 from at least 23 individuals, including residents in Florida, Pennsylvania, and Ontario, Canada.

Walton was indicted on February 13, 2018 and released with conditions pending a trial.

This was an alleged rental fraud as opposed to a resale scam. According to the indictment, Walton participated in a scheme to defraud timeshare owners by soliciting “tax” and “fee” payments under false pretenses. The scheme involved offering to pay a timeshare owner in exchange for renting their timeshare property, and then instructing the owner to send payment to Walton’s company, AB Transfer, Inc., for fees and taxes that the victim was told needed to be paid in order for the rental to occur. Timeshare owners who sent payments to AB Transfer, Inc. received nothing in return.

If convicted of wire fraud, Walton faces up to 20 years in prison, a fine of up to $250,000, and a term of post-imprisonment supervised release of up to 3 years.

Stay tuned.



Tip JarTip us off! Share news and info with us securely and confidentially. Some of the most important stories published by the GateHouse have come from anonymous or confidential tipoffs. If you have something sensitive to share, you can safely email the Gatekeeper. We will never reveal your identity without your permission. As well, if you have something positive to share, we’d like to hear that, too! CONTACT: gatekeeper@insidethegate.com

Permanent link to this article: https://www.insidethegate.com/gatehouse/2018/02/new-york-timeshare-news-february-17-2018/

Nevada Timeshare News: February 17, 2018

>> WESTERN USA NEWS
Timeshare news 24/7 

LAS VEGAS: Here is yet another instance of timeshare resale fraud whose perpetrator has been reeled in by the long arm of the law. In this case it is being prosecuted as securities fraud due to the way it was “sold”.

Louis Joseph Curto III, aka Lou Curto aka Joe Curto, has pleaded guilty to one count of securities fraud, a category “B” felony, for his role in a multi-state timeshare resale scam. The fraudulent acts were committed between January 2013 and December 2015.

Operating through a Las Vegas-based company called Bluwyn Management, Curto allegedly called timeshare owners saying he had an offer to buy their timeshares but they had to pay upfront costs for processing, legal fees and transfer of title before the deal could go through.

In some cases, as victims assert, he would make phony recorded phone calls stating that they were selling specific timeshares based on the offer that was on the signed contracts. He would string victims along for five months or longer with assurances that the sale was going through, that monies were in escrow, etc., eventually insisting that a check was on its way via certified mail — which never arrived, of course. Then he would simply stop answering calls and emails; requests for refunds were ignored.

Prior to that venture, Curto had gained experience as an employee at the notorious Pro Player Timeshare Resale company. Upon leaving that company he set up C & C Timeshare Resale, LLC in 2009 in St. Pete Beach, FL., with a woman named Maia Ciesluk named as a manager. They appeared on the local police radar quickly, after people called to register complaints; unfortunately, at that time there was nothing the police could do about it.

In addition to C & C, he also established yet another timeshare resale company called Your Timeshare Guru, registered in Florida and operating in concert with C & C.

Curto brought his business model to Las Vegas in 2011 and incorporated the entity Bluwyn Management, LLC. on July 7, 2011. Its status was revoked in 2015.

Securities fraud is punishable by 12-240 months of imprisonment and a court fine of up to $500,000. The sentencing hearing for Curto is scheduled for June 20, 2018 in the Eighth Judicial District Court.

Stay tuned.



Tip JarTip us off! Share news and info with us securely and confidentially. Some of the most important stories published by the GateHouse have come from anonymous or confidential tipoffs. If you have something sensitive to share, you can safely email the Gatekeeper. We will never reveal your identity without your permission. As well, if you have something positive to share, we’d like to hear that, too! CONTACT: gatekeeper@insidethegate.com

Permanent link to this article: https://www.insidethegate.com/gatehouse/2018/02/nevada-timeshare-news-february-17-2018/

Caribbean Timeshare News: February 17, 2018

>> INTERNATIONAL TIMESHARE NEWS
Timeshare news 24/7

US VIRGIN ISLANDS: The island of St. Thomas continues to go through a lengthy recovery process following the devastation visited upon it by the double whammy of Hurricanes Irma and Maria in September last year. But it isn’t all bad news.

Marriott’s Frenchman’s Cove is one of the first large resorts on St. Thomas to reopen and they’re pretty excited about it. Associates at the resort have been working hand-in-hand with the remediation company and other local vendors to return the resort to its original splendor all while dealing with their own personal challenges, and it’s been quite a ride! But the results are well worth the hard work, and the resort welcomed its first guests back yesterday, February 16.

Owners and guests are now able to enjoy the pool and hot tub again, the beach has been cleared and is open for use, the pier is fully restored, the restaurant and Marketplace are open and operating and the resort activities department is operating normally. Crews will continue to work on landscaping and other projects, including building painting, throughout the resort over the next several weeks.

Unfortunately the Frenchman’s Reef & Morning Star Marriott Beach Resort remains closed due to hurricane damage until further notice. But eventually that will reopen as well.

St. Thomas continues to go through a lengthy recovery process. Many restaurants and shops have reopened for business and much of the foliage has made an incredible recovery. Local vendors throughout the island are thrilled to see one of the larger resorts reopening and are eager to be welcoming back visitors to the island. Multiple agencies and organizations have come together to restore St. Thomas, and progress updates are posted regularly by local officials. Visit http://informusvi.com for the latest information regarding island infrastructure progress, curfews, local business updates, airport status and electric power restoration.



Tip JarTip us off! Share news and info with us securely and confidentially. Some of the most important stories published by the GateHouse have come from anonymous or confidential tipoffs. If you have something sensitive to share, you can safely email the Gatekeeper. We will never reveal your identity without your permission. As well, if you have something positive to share, we’d like to hear that, too! CONTACT: gatekeeper@insidethegate.com

Permanent link to this article: https://www.insidethegate.com/gatehouse/2018/02/caribbean-timeshare-news-february-17-2018/

Idle Timeshare Thoughts: February 17, 2018

idle thoughts 
QUOTABLE QUOTES: “I resent that remark. I don’t deny it, but I do resent it.” —Groucho Marx



Why can’t timeshare corporations find people who think out of the box when it comes to promoting their products? Especially when it comes to videos, most of the time it’s a same-old same-old endeavor showing sexy young couples or beautiful (mostly white) families playing in theme parks or frolicking on a beach with voice-overs that fail to excite. Stuff like that. They do not entertain long enough to be remembered or repeat often enough to be recognized as a brand.

Here’s a commercial that breaks the mold. Called “Home Alone”, it was created to promote Pigeon Forge, TN. It recently won the destination’s seventh Emmy, taking top honors in the Commercial Spot category.

For heaven’s sake create a brand for yourselves that represents you, like the Clydesdales represent Budweiser or the gecko represents Geico or the garden gnome represents Travelocity– or the dog that could make you think of Pigeon Forge. It really isn’t that difficult. Pay for a more creative ad agency and don’t let the corporate heads interfere.




Tip JarTip us off! Share news and info with us securely and confidentially. Some of the most important stories published by the GateHouse have come from anonymous or confidential tipoffs. If you have something sensitive to share, you can safely email the Gatekeeper. We will never reveal your identity without your permission. As well, if you have something positive to share, we’d like to hear that, too! CONTACT: gatekeeper@insidethegate.com

Permanent link to this article: https://www.insidethegate.com/gatehouse/2018/02/idle-timeshare-thoughts-february-17-2018/

In Memoriam: February 17, 2017

In Memorium Harvey Baron
March 2, 1927 – January 17, 2018

Today we remember the life of timeshare industry icon Harvey Baron, who passed away January 17, 2018.

Harvey passed away peacefully with family members at his side. He was 90 years old. Harvey is survived by his sons Gary Baron, (Taylor Billington) and Todd Baron, (Bea Baron), Gary and Todd’s mother Gertrude Baron, his four grandchildren Lani, Rhett, Alison, Todd Jr. and great grandchild Arden.

Born in The Bronx, New York, Harvey compiled a long list of accomplishments in his 30-year Land and Timeshare development career, least of which included long-time membership in the American Resort Development Association (ARDA) where he was often a featured speaker at national and regional conventions. Harvey’s membership started back when the organization was known as The American Land Development Association (ALDA), through the growth transition to The American Resort and Residential Development Association (ARRDA) and eventually ARDA.

Harvey began his career in the land development business in 1960 with the Gulf American Land Corporation (GALC), at that time the largest land developer in the world, as Regional Marketing Director, later becoming the Executive Staff Leader in charge of GALC (later GAC) International Division. At GAC, Harvey was the early innovator of tour generation programs, developing the well-known “Fly and Buy” Marketing Program that ran nationally in the early to mid-1960’s.

In 1970 Harvey joined ITT Levitt Development (later to become ITT CDC) as their sixth employee. It was there that Harvey developed and deployed the company’s successful national broker and offsite marketing office strategy. Harvey went on to become ITT’s National and International Director of Sales and Marketing for Palm Coast Florida through 1982.

Harvey culminated his outstanding career in the timeshare industry as Vice President of Sales and Marketing from 1983-1990 with Sandstone Marketing Group. Harvey was a pioneer of on-site (in-house) sales, and during those years was responsible for sales and marketing activity for resorts in Padre Island, TX, Steamboat Springs, CO, and Lake of the Ozarks in Branson, MO in addition to managing off-site sales throughout the State of Texas.

Our sincere sympathies go out to his family and friends. Harvey was not only admired by many but loved by all that knew him, and he will be greatly missed.



If you have an In Memoriam to share with the timeshare community, please send it to: gatekeeper@insidethegate.com so we can honor them properly. Thank you.

Permanent link to this article: https://www.insidethegate.com/gatehouse/2018/02/in-memoriam-february-17-2017/

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