Articles tagged “timeshares”

Major Timeshare Brand Buys Historic Hotel on a Prime New York City Block

Patrick Clark and Gillian Tan, Bloomberg

This isn't your grand aunt's timeshare. Hilton Grand Vacations is making a bet that a timeshare can be an effective product among upper-class travelers by acquiring property in one of Manhattan's most expensive districts.

Aggressive Salesmen Pitch Timeshares But Not Everyone Is Buying

Marjorie Miller, Associated Press

Timeshares are still big business despite their sketchy reputation. People do buy-in after receiving the hard-sell from a salesperson, but a significant percentage realize later that the investment wasn't a particularly prudent one.

Why Wyndham Is Sticking With HomeAway to Move Vacation Rentals

Andrew Sheivachman, Skift

For all its success, Airbnb still has work to do when it comes to attracting timeshare distributors to its network.

Marriott Acquires Starwood: The Fine Print

Andrew Sheivachman, Skift

The devil is always in the details, but in this case (so far) the devil doesn't have any tricks up his sleeves.

Timeshares May Be the Secret to Hawaii’s Tourism Growth This Year

Associated Press

We'd rather see Hawaii experiment with more creative solutions to its housing challenges.

Starwood’s Planned Spinoff of Timeshare Unit Leads to Market Gains

Nadja Brandt, Bloomberg

The words "time" and "share" next to each other always make our skin crawl.

Starwood Hotels Will Spin Off Timeshare Business Into New Public Company

Associated Press

While it's a reliable source of revenue, the timeshare business is quite different from hotel hospitality that a separate company makes sense.

Wyndham Is Bringing Its Timeshare Business to Asia by End of Year

Nichola Saminather, Bloomberg

Wyndham's mastery of vacation rentals is the envy of many of its hospitality peers. Asia won't know what hit it.

Interval Leisure Group Expands Its Resort Management Business in Q4 as Timeshares Face Pressures

Dennis Schaal, Skift

With so many diverse types of accommodations available these days and with the world getting younger, the timeshare business may be losing its luster (although that luster was tenuous, at best).

The next timeshare you purchase may come from an inmate in U.S. federal prison

Considering the reputation of both the hard-sell sales practices as well as how sales agents are treated in the timeshare industry, this arrangement seems like a poor match for everyone involved. Except, of course, the developer.

Jimmy Buffett and Wyndham partner for St. Thomas timeshare resort

If you're going to have a timeshare in the Virgin Islands you're after something particular and that is likely very closely aligned with what Mr. Margaritaville can help you with.

Timeshare king David Siegel wears down sales agents he decided not to pay

David Wren, The Sun News

Whether it's Westgate or a more reputable company like Wyndham, the reality of a timeshare rarely matches the promise of a high-pressure sales pitch -- no matter which end of that pitch you're on.