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Westgate acquires former Hilton New York Grand Central Hotel, marking the Orlando based timeshare company’s first entry into New York City.

The two-tower, 23 floor, 300 room hotel is located in the historic Tudor City neighbourhood, at the heart of Manhattan’s East Side and has been rebranded Westgate New York. David Siegel, founder and CEO of Westgate resorts said, “It is with great excitement that I announce Westgate has purchased its first urban hotel located in none other than the Big Apple, this puts the Westgate flag Triumphantly in the heart of one of the most visited cities in Read more

For anyone who has not had the pleasure of experiencing a Timeshare Sales Presentation, here’s how one might go !

 

So you’ve accepted the free dinner, free accommodation, exclusive gift, or tickets to an attraction, and now all you have to do is sit through a “short presentation”. Sounds reasonable ? After all, you wouldn’t expect this freebie for nothing !

The Timeshare rep has done the easy bit, they have got you through the door by luring you in with a free gift, cash, tickets etc. You are, more than likely, already in a pretty good mood. After … Read more

Everyone should get travel insurance as soon as you have booked a holiday. Too often, people book holidays and leave the insurance until last. But what if you book a holiday, then get ill and can’t travel? The airline wont refund you, the holiday company wont help and you’ve lost your money. One of the main purposes of travel insurance is to cover you in case of illness, injury or the death of a family member.

Holiday makers who jet off without buying travel insurance could end up regretting it, as research shows failing to buy cover could cost you … Read more

Timeshare, Cryptocurrency, Financial And Legal Scams Have Doubled In The Last Year !

 

More and more customers are falling victim to scams involving timeshare, cryptocurrency, binary options investments and phoney solicitors, according the the charity, Citizen’s Advice. Scammers posing as professionals from financial and legal services are on the rise and such cons now account for a fifth of all scams reported to Citizen’s Advice.

Citizen’s Advice have reported a 6% increase of these types of scams being reported to their advisory service this financial year and they have calculated that the median financial loss for these types of … Read more

The High Court order the compulsory liquidation of scoundrel pension companies for misusing millions of pounds of pension savings and scamming up to 520 pension savers.

 

Fast Pensions LTD and five other related companies have been closed down in the interest of the public by the High Court. The official receiver in the Public Interest Unit North division is now the liquidator in charge.

The Insolvency Service discovered that 520 pension savers were tricked into investing £21 Million in 15 pension schemes, which now appear to be bogus.

Between 2012 and 2013, 520 people were rascal into transferring their … Read more

Michael Brown, CEO of Wyndham Destinations, sat down with CNBC’s Jim Cramer, the network’s resident markets expert, to discuss the split up of Wyndham Worldwide to create Wyndham Destinations and Wyndham Hotels and Resorts, how this split will influence the timeshare market and, how it will benefit Wyndham shareholders.

 

Wyndham Destinations is now purely focused on their Timeshare Vacation Ownership product and investing in its future, by creating a strong brand and a greater market share for its investors. Michael Brown CEO explains: “We have had growth every single year, but what’s really interesting in terms of growth Read more

A Terminally Ill woman and her husband have lost £53,000 in lifesavings to fraudsters who posed as Santander Bank staff.

 

Carol and John Williams, both in their 60’s, were planning to use their life savings to purchase a new property, after Carol Williams was diagnosed with terminal lung cancer.

The scammers called Mr Williams on his mobile phone. Mr Williams was not alarmed by this, at first, as the number appeared on his phone screen as Santander Bank.

“They told me £15,000 was being taken out of my account by a Stephen King in Dundee, they said they needed Read more

Home-sharing websites, such as Airbnb and HomeAway, have been giving the holiday industry a run for its money of late, with many choosing to book through their easy to use online services rather than the more established holiday companies.

Marriott International have been piloting a home-sharing program which began in April. They risked into the market on a six month trial, in collaboration with UK based home rental company Hostmaker.

Marriott already have 6,500 hotels and 110 million loyalty program members and are determined to grow even bigger by entering the home-sharing market.

Marriott have launched ‘Tribute Portfolio Homes’, which … Read more

A Woman from Birmingham, who conned more than £20,000 from vulnerable people, has been jailed for 9 years. Derrol Flynn posed as a police officer to gain the confidence of her victims before stealing their cash. She had already been jailed multiple times for similar offences, stretching back 20 years.

Derrol Flynn starting cheating vulnerable people in and around Birmingham out of thousands of pounds when she was in her 20’s. She’s now 45, but will spend the next 9 years behind bars. Despite being released last January on license, halfway through an 8 year sentence for a string of … Read more

The FCC Hands Down Biggest Ever Fine For Man Who Made 96 Million Robocalls.

The US Federal Communications Commission have issued a $120 million fine to a man from Miami, Florida. It was alleged that he had been the mastermind behind 96 million robocalls, tricking customers with ‘exclusive’ sales of holiday and timeshare properties through unsolicited automated calls.

In 2017, the FCC first bought the case against Adrian Abramovich, stating that during a three month period in 2016 he made 96 million Robocalls. The commission proposed a $120 million fine for the offence.

A Robocall is a phone call that … Read more