Today, nj.com released one of their latest timeshare news articles titled “Timeshares and broken promises.” Although we really liked the direction that they were taking this piece we couldn’t help but notice they were sugar-coating the issue being discussed. We, at Safe Hands Transfers however like to take the hard to hear, honest-truth route. We [...]
Archive for the ‘Timeshare News’ Category
Timeshares and Broken Promises – A Sane Response
Posted in Timeshare News on Thursday, October 15th, 2009 CommentsFlorida Legislators Finally Looking Out For Timeshare Owners
Posted in Timeshare News on Wednesday, September 30th, 2009 CommentsARDA (American Resort Development Association) recently reported that new legislation passed in Florida will help protect timeshare owners in many ways.
A bill dubbed HB 61 is set to exempt timeshare purchasers from many fees and charges associated with exchanging their timeshare weeks with other owners. Additional support found in the ratification of industry rules regarding [...]
Timeshare industry sends up a white flag to the White House
Posted in Timeshare News on Tuesday, October 28th, 2008 CommentsThe American Resort Development Association (ARDA) asked the White House for help this month. The troubled United States economy is impacting the timeshare industry. According to a memo by Howard Nusbaum, President and CEO of ARDA, the timeshare industry employs almost 600,000 people and contributes over $62 billion to US economy. Unfortunately, the industry is [...]
Macdonald Hotels fires ultimatum at Timeshare Owners
Posted in Timeshare News on Thursday, July 17th, 2008 CommentsTimeshare owners are angered by Macdonald’s threat of “immediate” action to shut off the electricity and water supply if £451,000 is not paid by next week, the 24th of July. The Loch Rannoch Highland Club committee fail to see any threat to their property.
Mr. Kenneth Allan, management overseer of 85 lodges that represents the Club, [...]
Dubai Becomes Timesharing Hotspot
Posted in Timeshare News on Monday, April 28th, 2008 CommentsBy now, we’ve all heard about the Palm Island in Dubai. Arabian Falcon Holidays handles the development and marketing of the over-the-top island on behalf of the Emir of Dubai. Now that the island has been open for almost a year, investors and vacationers alike can be suckered into buying timeshares.
For those who still aren’t [...]
Timeshare Companies Use Shady Marketing Practices
Posted in Timeshare News on Sunday, February 24th, 2008 CommentsNorth Dakota’s attorney general, Wayne Stenehjem, is cracking down on shady marketing practices by timeshare companies in the state. After a recent investigation, settlements were received from eleven different timeshare marketers.
It started with a promotion at the 2007 Fargo RibFest, where a marketer obtained entries in a drawing for a “free” vacation in the Bahamas. [...]
Timeshares are Pre-Paid Vacations, Not Investments
Posted in Timeshare News on Thursday, January 31st, 2008 CommentsAlthough slick salesmen hawking timeshares often stress that the value of the property is likely to rise over the years, timeshare buyers would be wise to remember that timeshares are not investments. Think of them as pre-paid vacations instead, and you won’t be disappointed when their value fails to rise.
While many people who buy timeshares [...]