The competition is heating up. Shortly after Interval International announced its new Club Interval Gold program, RCI launched its own exclusive membership, RCI Weeks Platinum. This new premium tier seeks to offer more exchange privileges and vacation benefits higher than RCI’s standard membership. While RCI debuted a Platinum level for its points-based members last year, [...]
Marriott Hotels Chief Financial Officer Carl Berquist said that business has begun to pick up in overseas markets, but that the North American market is doing worse than expected. The hotel operator believes revenue per available room in that market will come in at the low end of its guidance. Stocks in the company fell [...]
The Lifestyle Asset Group has recently announced what it says is the next generation of luxury vacation ownership – an LLC that allows 100 participants to share ownership debt-free of 12 beautiful residences that average a value of $2.5 million for use. This will require a one-time capital contribution of $300,000 and allow each of [...]
Even as the effects of the recession linger, the hotel business is still managing to make a revival, pushing itself back to life over the last year. According to a report from Hotels.com, the average cost of a hotel room went up by 2% in 2010, the first time rates have risen since 2007. The [...]
Magnuson Hotels, the world’s largest independent hotel group, has announced the rebranding of a Best Western hotel in Lawrenceville, GA to the Magnuson Hotel Lawrenceville. The 50-room hotel has a storied 19-year history in the area, and hopes to continue its success under the new flag. Owner Brij Patel believes the switch to the Magnuson brand [...]
Interval International, one of the most prominent providers of vacation services in the world and an operating branch of Interval Leisure Group, has announced plans to extend its innovative product line-up with Club Interval GoldSM. The club is to be a points-based exchange service for property owners for fixed- or floating-week timeshares and combines all [...]
Even small paradise islands, it seems, are not immune to timeshare scams. Especially if they happen to be tourist magnets. Authorities in the Turks and Caicos Islands are cracking down on the territory’s first ever case of timeshare fraud, involving a local hotel. Police reportedly have several people in custody, and are hot on the [...]
An announcement from ResortCom International LLC has named Alex Marxer as the new president. Alex has been building bridges between technology and business for the past 15 years, particularly in the areas of Customer Experience Management. He has worked as both a consultant and an executive. Prior to this appointment, he served as Vice President [...]
TATOC, the timeshare association, has announced major changes to the Board, which were approved by its members at its recent Annual General Meeting. The first of these changes involves Harry Taylor, previously the Chief Executive Officer, being selected to replace David Eastburn as the new Executive Chairman. David stepped down after several years of service [...]
Having one State Attorney General on your heels is bad enough. But being chased by no less than THREE Attorneys General means you must be doing something pretty bad. After yesterday’s Scamwatch article on Serenity Travel and its pending litigation by the Attorney General’s Office of Delaware, Timeshare Pages received an anonymous tip from a [...]