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Some News From The World Of Timeshare

Interval International Adds Two Resorts To Its Exchange Network and RCI Adds 24 new resorts in Asia

The timeshare and vacation membership giant Interval International, has announced it will be adding two new resorts to its growing portfolio.

The company already has over 3000 resorts in more than 80 countries, which it operates through its exchange network. The two properties include Grand Guadalupe and Santosi both by Inmense hotel chain and located in Mexico. Both resorts are located close to the historic centre and provide all the amenities timeshare owners are used to.

The company said that timeshare owners … Read more

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Is Apollo Planning to buy Hilton Grand Vacations?

Apollo, the company that owns Diamond Resorts, has told Hilton it wants to buy their timeshare arm and will pay a premium to do so.

Hilton Grand Vacations is said to be worth $2.4 Billion and Apollo Global Management has informed the timeshare giant they are planning a purchase offer.

The New York Post reports that Apollo has given Hilton Grand Vacations three options: It would offer to buy HGV at a premium to its share price, merge the company with Diamond Resorts or sell shares in HGV.

Apollo have not released any figures as yet, but the post reports … Read more

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Orange Lake Country Club Changes Name

One of the biggest timeshare resorts in the US, Orange Lake County Club has announced it will be changing its name to Holiday Inn Club Vacations.

The timeshare giant says it is to change its name to Holiday Inn Club Vacations, so it can capitalise on growth in the timeshare industry. They say that their membership intake has more than doubled in the last ten years. This is the first of several developments the company have undertaken to help draw in new members.

The company recently announced a 100 year extension to its affiliation with IHG. The new agreement … Read more

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Diamond Resorts Expands Portfolio With Karma Group

Karma Group and Diamond Resorts have announced they are expanding their existing partnership to offer timeshare owners new and ‘exciting’ resorts and locations.

Karma Group plans to add a sales centre at Diamond’s Village Heights resort in Greece, to promote and sell vacation ownership points and timeshare units. Karma Group and Diamond both claim their membership levels are increasing and there is a growing need to offer members intercontinental travel between Europe and Asia.

Diamond seem to be adding new resorts and partnerships to expand their vacation offerings to members, Karma group is expanding their vacation offerings in Greece.

John … Read more

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Honeymooners hoodwinked into buying a timeshare

A couple from the US were supposed to be enjoying their dream honeymoon, but say it turned into a nightmare when they were tricked into attending a timeshare presentation.

It all started when the couple were visiting Florida earlier this year on their honeymoon, they had only planned to stay one night before heading to their Cruise the following day. However, before they could get to the hotel, they were forced into attending a timeshare presentation.

The couple say they then had to sit through a long high pressured sales presentation, and although they told the reps they couldn’t afford … Read more

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Wyndham Launches Rebrand and New Resorts

Wyndham Destinations say they are shaking up their timeshare product with new branding and Urban resort offerings.

Wyndham became an independent company last year and now the worlds largest vacation ownership company is launching enhanced club brand identities. The timeshare giant has launched modern brand identities for its flagship timeshare clubs, Club Wyndham and WorldMark by Wyndham.

Wyndham Destinations say they are leading the evolution of the timeshare industry by creating more destinations and more unique experiences for travellers by adding locations they want to travel to. Wyndham recently announced the grand opening of its newest resort in downtown Portland, … Read more

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