AUGUST 16, 2017 — MANHATTAN. After more than three years of investigation and litigation, the New York Attorney General’s Office today announced the settlement of the Big Apple’s most notorious timeshare case. The AG announced that hundreds of owners at The Manhattan Club will share in a $6.5 million settlement approved by the long-troubled operators…
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…
Marriott Vacation Club just announced a new travel option for people who like the Marriott timeshare experience and, most importantly, vacationing on the Big Island in Hawaii. On Sept. 7, MVC announced the opening — next May — of its newest Hawaiian resort, the 112-unit Waikoloa Ocean Club, a one- and two-bedroom suite complex which…
It’s that time of year again – springtime! The weather is starting to get warmer (or at least getting better!), and our thoughts turn to vacation planning. There’s been much research done, and many articles written on the value of taking a vacation and its beneficial effects on work performance, relationships and overall well-being. Unfortunately,…
By Jeff Weir In a stunning setback for Diamond Resorts, timeshare owners at Tahoe Beach and Ski Club defiantly denied Diamond Resort International’s bid to place a senior vice president on the HOA’s board of directors. Instead, they reelected two board members who constitute a 3-2 majority opposed to Diamond’s unannounced plans for the resort….
RedWeek’s latest Casting Call features long-time RedWeek members Michelle and Bill at Marriott’s Barony Beach Club on the beautiful Hilton Head Island! Featuring vibrant work by Hilton Head Island-based Kellie McCann, these photos truly capture the laidback, beachy spirit of Hilton Head. Check out more of the photoshoot on our exclusiveFacebook album,;and you can view…