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Ryan Pittman

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Vacation ownership continues to be a popular alternative to traditional vacations. With so many benefits, it’s no wonder frequent travelers all over the world are opting to purchase timeshares. But even though the industry is growing for the eighth straight year in a row, some vacation owners may find that their timeshare no longer fits their lifestyles or travel needs. If you find yourself making the decision to sell your timeshare, here’s why now is a great time to do list your property on the resale market.

With such a high rate of owner satisfaction, it might be surprising to know that there are vacation owners looking to exit or get out of their timeshares. Many owners enjoy their timeshares for years before deciding to pass on their property to another owner. Sometimes, an owner’s financial or family circumstances change and their vacations follow suit. If you find yourself in a similar situation, there are ways to exit your timeshare agreement safely and legally.

Christmas is the holiday many of us associate with white snow, cozy nights by the fire and chilly temperatures. But not everyone wants to celebrate a white Christmas.  If you’d rather enjoy the magic of the holidays in a warmer climate, planning a tropical holiday getaway to celebrate those special days could make for a wonderful holiday trip. Vacation rentals can help achieve the perfect warm getaway. 

Marriott Vacations Worldwide Corporation (NYSE: VAC) and Interval Leisure Group, known as ILG (Nasdaq: ILG) announced a merger today. Marriott will buy the outstanding shares of ILG in a cash-and-stock deal estimated at $4.7 Billion.

The combined company will become the global leader in the timeshare industry, trading under NYSE:VAC.  Further, it will hold over 650,000 million combined owners and seven luxury brands. As a result, this makes it the largest luxury brand for timeshare resorts.

Diamond Resorts

It has been said that change is good, and that’s exactly what Diamond Resorts has done. With their latest announcement, Diamond introduced their new and refreshed brand image. The leading hospitality and vacation ownership company decided to make a few changes, the first one being to shorten their name. Formerly known as Diamond Resorts International, they moved to the simplified Diamond Resorts. Their new brand promise: “Make a habit of breaking from the routine” is part of their new launch. They also put emphasis on helping their members connect to what’s really important, all while enjoying their stay.

Recycle Reduce Reuse: Timeshares are Going Green

The American Resort Development Association (ARDA) recently announced that their members are making a conscious effort to “Go Green”. These six eco-friendly resorts take pride in their community and want to make it a better place.

Franz Hanning, the President and CEO of Wyndham Vacation Club and ARDA Chairman, states in his blog article: “I firmly believe that our industry is a leader when it comes to ‘going green.’ Re-using and recycling to avoid waste and pollution in addition to adding in-unit energy efficient and water-saving devices are at the forefront of new timeshare construction and renovations around the world.” He also states that if eco-friendly resorts continue to incorporate and expand on these practices into the future, it will be the key to the timeshare industry’s success.

Recent studies from the American Resort Development Association (ARDA) show that timeshare sales are up globally and in key markets. New York, Miami, Los Angeles, Orlando and more are seeing greater vacation ownership sales according to this timeshare industry overview. Timeshares resales are also experiencing a dramatic upswing, along with increased occupancy rates, and more families interested in the vacation ownership model.

The timeshare industry is seeing a coming-of-age scenario with companies attracting younger, more educated, more affluent buyers because of consumer changes. The industry continues to make vast improvements, becoming more consumer-friendly and more transparent, largely from major hospitality chains such as Wyndham, Hilton, Hyatt, Ritz-Carlton, Starwood, and Four Seasons.

If someone contacts you claiming to be from Timeshares Only with a buyer for your timeshare and asks for “advanced closing costs,” it is a scam! Call (800) 610-2734 immediately. Above all, you should NEVER pay closing costs in advance and we will never ask you to! Read more to learn about this latest timeshare resale scam.

Timeshares Only and Fidelity Real Estate have proudly teamed up with ARDA (American Resort Development Association) to successfully get a house bill signed by Gov. Henry McMaster of South Carolina. The bill will create greater safeguards for timeshare owners. The law defines vacation timesharing plans and includes consumer protection provisions. Effective immediately, this law will address deceitful business practices in the timeshare secondary market.