The number of timeshare owners in the US desperate to unload their property are soaring; these are people who either cannot keep up with the maintenance fee of the property or are just in dire need of cash. With the number of property owners selling their timeshares, comes timeshare re-sellers- companies promising and even guaranteeing [...]
Hotel amenity kits are becoming the latest hotels’ means to uphold green projects. Just last week, NH Hotels, a Spanish hotel chain, launched a new set of environment-friendly amenity bottles, which were claimed to biodegrade faster than comparable products. The new line, “Agua de la Tierra”, uses an additive called polyolefin that catalyzes the 0 [...]
The renowned Gezira Palace in Cairo Marriott Hotel in Egypt, a luxurious property known to host royal guests, will reclaim its prominence as it is set to undergo an extensive multi-million dollar renovation, scheduled to finish in two years. One of the luxury hotels in Cairo, the Gezira Palace was originally the home of lavish [...]
Timeshare units at the beleaguered Friar Tuck Resort in Catskills, New York face potential liquidation, as the bankruptcy court hearing the case approved conversion last week. U.S. Bankruptcy Judge Robert E. Littlefield Jr., of New York’s northern district court, has ordered the Chapter 11 bankruptcy case of Nottingham Village Development Corporation case to be converted [...]
Barbados, the island nation nestled 100 kilometers east of the Windward Islands and the Caribbean Sea, has outlined a new travel and tourism scheme to overcome their reliance on the industry’s seasonal hypes and the ambiguous state of the global economic climate. Richard Sealy, Minister of Barbados Tourism, said that health and wellness tourism grows [...]
Despite the travel chaos caused by Iceland’s volcanic ash cloud, Germany and Austria had a shining first quarter while their European neighbors struggled in the fallout. In the Hotel Confidence Monitor released by TRI Hospitality Consulting, major German cities shrugged off the volcanic ash concerns by posting tremendous growth rates. Dusseldorf reported a staggering 249% [...]
The Crowne Plaza Invitational at Colonial recently hosted its second annual Pink Out celebration in support of Susan G. Komen for the Cure® and Amy Mickelson. Crowne Plaza Hotels & Resorts, the tournament’s title sponsor pledged to donate $100 for every birdie and $500 to the Cure® for every eagle made by a PGA player [...]
A Leading fractional properties owner in Le Marche, Italy, Appassionata LTD chose Fractional Exchange.com to work on the vacation exchange conditions of their Estate Giocomo Leopardi. “Appassionata is delighted to have joined forces with FractionalExchange.com. We have been researching the exchange options available for the last couple of years and have decided that FractionalExchange.com provides [...]
After declaring the state of emergency last May 23 due to the gang violence related to the government’s action to extradite the accused drug lord, Christopher “Dudus” Coke to the U.S., 300 hotel cancellations in the Caribbean island have been logged. Though the hostility has been concentrated in the capital, with no reports of turmoil [...]
As Dubai International requested a three-month extension to its debt repayments, concerns over Dubai’s financial standing have resurfaced, marring the country’s economic image. Sheikh Mohammed bin Rasid al Maktoum, owner of DIC which is the investment arm of Dubai Holding, announced that they have secured agreements with its six leading banks to delay the debt-repayment [...]