Posts
Wesley Aldred from Kissimmee, Florida was sentenced to a day in prison in 2015 for a timeshare telemarketing scam. He has now been sentenced to a new term of 21 months for running a similar scam while on supervised release. Aldred was one of a group of telemarketers accused of participating in a timeshare resale fraud scam which targeted timeshare owners all over the United States. They would contact timeshare owners and falsely claim to have found a buyer for their timeshare, if they could pay a small fee upfront then the company would facilitate the sale. Victims paid thousands … Read more
Timeshare owners are continuing with their suit against Marriott Vacations Club, despite the resort giant’s attempts to disrupt and delay the class action. Lawyers for the timeshare owners have now asked the court in Florida to penalise Marriott over intentionally withholding documents. This is the latest action taken by the owners in an attempt to hold Marriott Vacation Club responsible over its conduct. They allege Marriott operated a fraudulent scheme which allegedly sold misleading points based timeshare memberships. If the owners are successful, it could have huge implications for Marriott and other resorts, over how they sell timeshares and … Read more
A retired couple from Maine, USA say they spent thousands on a timeshare they have not been able to use. It’s the same old story, an unsuspecting family spend their hard earned money in the hope of enjoying wonderful holidays promised to them by unscrupulous sales reps. By the time the ink is dry on their contracts, the disappointment begins.
The couple from Maine, purchased their timeshare in 2013 from InnSeason Resorts, who run an affiliation with RCI. They were promised a membership which would allow them to trade in their timeshare unit and use it to travel to resorts … Read more
A family from Missouri spent over $10,000 on a timeshare, they say, they have never been able to use. The timeshare was sold to them as a one week every year in their favourite location with Westgate Resorts. The sales rep told them that using their resort would be incredibly easy and so they decided to sign up, thinking they were getting a great deal for $10,000.
This was over 5 years ago and, every year, they have paid their maintenance fees, which have now reached nearly $900 a year. Despite this, the family have never been able … Read more
Maui County in Hawaii is waiting for a second court to rule after appealing a decision made by a Judge in march, who agreed the timeshare property tax classification established more than 10 years ago is illegal. If the county loses the suit, they could be faced with a bill for $34 million in property tax refunds.
A lawsuit was filed against Maui County back in 2013 by Ocean Resort Villas Vacation Owners Association which essentially disputes the classification of tax levied against timeshare resorts. Since 2008, the rate for timeshares has been $15,41 per $1,000 of net taxable … Read more
Diamond Resorts Investing in St. Louis.
Diamond Resorts is turning a hotel in St Louis into a timeshare destination. Diamond has purchased six floors of the 29 storey City Place Hotel and will convert the six floors into luxury timeshare apartments. Once the redesign is complete in 2020, City Place Tower will be Diamond’s flagship urban destination.
Michael Flaskey, chief executive officer of Diamond Resorts, said: “St. Louis is a new market for the industry and we are proud that Diamond Resorts will be the only company offering vacation ownership accommodations for the millions of families who explore St. … Read more
Walt Disney World Build 2 New Timeshare Resorts. The Florida-based theme park resort said that the as-yet-unnamed resort will open in 2022. It will have 900 hotel rooms, as well as villas for Disney’s timeshare program. The 27,000-acre tourist destination already has 36 resorts on its property, as well as four theme parks. This new project joins three other resort construction projects underway at Disney World.
Disney Parks and Resorts also announced a new development for Disney Vacation Club, it will be an entirely new resort near Epcot called Disney Riviera Resort and also unveiled a new skyway transportation system … Read more
RCI adds another resort to its portfolio.
RCI is the global leader in holiday exchange, with over 4,300 affiliated resorts in 110 countries. RCI has announced it is adding the Hondaafushi Island Resort to its portfolio of properties and marks the hospitality giant’s 4th resort in the region.
Hondaafushi Island Resort is a beautiful resort located in the stunning Maldives, with white sands and clear blue seas. It boasts mesmerising views of the lagoons, luxurious accommodations and five-star facilities.
A spokesperson for RCI India said about the new addition: “We are delighted to announce our new affiliation with Hondaafushi … Read more
Timeshare Resort Under Fire For Not Paying Taxes.
A large timeshare company based in India is under the spotlight for allegedly not paying their taxes to the department of Excise and Taxation. Officials at the Indian department have accused the timeshare resort of not paying their taxes in the state where their head offices are located, but not paying taxes for where their resorts are operating.
The Excise and Taxation Department have served a recovery notice on the resort In question and accused them of tax evasion. The tax has been calculated as per minimum rental occupancy, but taxes … Read more