TIMESHARE NEWS                                                            JULY II 2007

More visitors to Hawaii find alternatives to hotels

 

More and more tourists to Hawaii are bypassing hotels and finding alternate accommodations such as timeshare units, bed-and-breakfast inns or simply a couch at a friend's house.

Despite record arrivals in May, hotel occupancy fell 6.5 percentage points to 69 percent because of increased use of non-hotel accommodations, according to the latest report by Hospitality Advisors LLC.

 
   

State warns of timeshare scam

 

Attorney General Bill McCollum today issued a consumer advisory, encouraging Floridians to be cautious when booking timeshare reservations or vacation memberships in foreign countries, particularly Mexico.

Complaints about foreign timeshares received by the Attorney General’s Citizen Services Division include problems associated with extremely aggressive sales tactics, exaggerated claims of return on investment and questionable business practices, resulting in substantial financial losses for investors.

California's time-share industry, which contributes roughly $2.8 billion annually to the state's economy, has a new law aimed at simplifying documents for consumers and time-share businesses. Assemblywoman Bonnie Garcia, R-Cathedral City, who authored Assembly Bill 432, said time shares typically are marketed in more than one state.
So the bill aims to streamline the documentation process to meet requirements in more than one state, enabling time-share companies to consolidate documents and eliminate redundant paperwork.

Gov. Arnold Schwarzenegger signed the bill last week, and it will take effect Jan. 1.

Howard C. Nusbaum, president and chief executive officer of Washington, D.C.-based American Resort Development Association, the nearly 40-year-old trade group representing the vacation ownership and resort development industries, said the law reflects an evolving industry and by "harmonizing" laws, Nusbaum said, states have similar documentation that consumers can understand.

 
   

Rental dogs offer customers companionship without commitment

 

Is Timeshare going to the dogs? Well, yes, in a manner of speaking.

Marlena Cervantes, founder of FlexPetz, bristles when people refer to her five-month-old business as a rent-a-pet service. She prefers the term "shared pet ownership," explaining the concept is more akin to a vacation time share or a gym membership than a trip to the video store.

 
   

Lawsuit claims luxury travel company Abercrombie & Kent duped timeshare investors

  The International Herald Tribune reports that Luxury travel company Abercrombie & Kent has been sued for allegedly duping investors into spending millions of dollars to join high-end vacation clubs that were not run by the tour group as they had believed.
 
   
 

Our SOTC tour of Europe was very fruitful and full of enjoyment. All our tour members within 15 days became one family. Food was very nice. Tour Manager was great and had tremendous knowledge of all historical places.

-Mr. Danny Matalia & Group, Canada

 


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Information complied from various industry sources. For further information,
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#864, 1st Floor, 3rd Cross, 7th Main, Bangalore-560 038. Tel: 080-4125 5007/ 08