TIMESHARE NEWS                                                         JUNE II 2008

Vacations Are Good for You, Medically Speaking

 

An apple a day, a holiday a month and topped by a vacation a year should keep you away from visiting doctors / hospitals. Guaranteed. Well, that’s what this report says. Check it out here.

   

Analyst says timeshare sales goal is achievable

 

A Goldman Sachs report states that low double-digit timeshare sales growth may be achievable on an industry level in 2008.

 
   

Time-Share Industry: Clearer Timeshare Rules Soon Throughout the EU

 

A draft EU directive, unanimously approved by the EU internal market committee on Monday, updates rules that are 14 years old so as to address consumer concerns and revitalize a business that is performing below potential.

Timeshare holiday rights of some 1.5 million European families will soon be better protected is what is hoped. We say ‘ Amen ‘
 
   

Wyndham Worldwide Completes $450 Million Vacation Ownership Receivables Securitization

 

Wyndham Worldwide Corporation announced that it has completed a term securitization transaction involving the issuance of

$450 million of investment grade asset-backed notes by Sierra Timeshare Receivables Funding, LLC, an indirect subsidiary of Wyndham Vacation Ownership.
 
   
 


(705 kb pdf)

 

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  Contact us
E-mail: airda@vsnl.net                      Website: http://www.airda.org
Information complied from various industry sources. For further information,
contact D. Ravi Kumar, Executive Officer, All India Resort Development Association,
#864, 1st Floor, 3rd Cross, 7th Main, Bangalore-560 038. Tel: 080-4125 5007/ 08