Last month, in our Ask Redweek forum, we posted an article about positive trends in the resale market. For the first half of 2017, resale closings tracked by RedWeek rose 46 percent compared to 2016. As a follow-up to our feature on resales, we’ll now give you a snapshot of industry-wide stats just released by…
By Jeff Weir, RedWeek.com’s Chief Correspondent Welcome to the Big Easy! Not sure how many people own timeshares in Louisiana, nor how many timeshare owners live in Louisiana, but RedWeek can guarantee you that several thousand timeshare people — developers, CEOs, staffers, realtors, resale companies, lawyers, litigators and title experts, PR consultants, escrow agents, HOA…
By Jeff Weir, RedWeek’s Chief Correspondent Just when you might have thought things were finally settling down at Diamond Resorts, all hell broke loose all over again as 2016 morphed into the New Year. Here’s an update on what’s been happening with Diamond since our first installment of the Diamond Chronicles last September. There are…
SOUTH LAKE TAHOE, CA — Legacy week owners at Tahoe Beach and Ski Club strengthened their grip on the HOA board in September by electing two longtime owners to succeed directors who had perceived ties to Diamond Resorts, the giant timeshare chain that owns 22 percent of the resort’s intervals. The showdown vote on Sept….
By Jeff Weir Chief Correspondent for RedWeek.com This is the first of what may be several columns on the changes afoot at Diamond Resorts International, which was just bought out by a huge Wall Street investment firm, Apollo Global Management, for $2.2 billion.& The merger’s effect on owners is to-be-determined, which is why we are…
The Developers Fight Back: Seek a Court Hearing June 22 to Partially Lift Injunction and Dismiss Eichners from Case, Claiming that Investigation by New York Attorney General has “Essentially Destroyed” Timeshare Business By Jeff Weir, Chief Correspondent for RedWeek.com MANHATTAN — If you like heavyweight fights, shootouts in old Westerns, or bare-knuckle courtroom dramas, you…
A new bill has made its way through Florida Congress that spells quite a few changes for timeshare owners. Known both as House Bill 453 and Senate Bill 932, the controversial legislation makes a great deal of technical changes to the Florida Vacation Plan and Timesharing Act. The bill’s passing has ruffled some feathers among…
After months upon month of heated rumors and speculation, Disney Vacation Club’s newest resort – Disney’s Polynesian Villas and Bungalows – opened its doors to guests on April 1st! DVC resorts consistently rank highly among vacationers, and the Polynesian Villas and Bungalows appears to be no exception! With an immersive ambiance, premiere Orlando location and…
Timeshares are a fantastic, reliable investment for many vacationers. But sometimes – after the initial honeymoon period has ended – owners might decide they no longer wish to keep their timeshare, or that it’s not as useful as it once was. So many owners remain locked into a timeshare that they’re no longer getting their…
As any pet-owner can attest, their critters are more than just furry companions – they’re part of the family! Vacationing with your pet can be an enriching experience for owner and pet alike, but it can be intimidating. Before setting off with Fido or Fluffy in tow, review these tips to ensure that your pet…