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Silverleaf opens new timeshare units at Texas resort December 28, 2007

Posted by Jason Dobbins in : News & Events , add a comment

Silverleaf Resorts Inc., an operator of timeshare resorts, said it has opened the “Beach Club” in Flint, serving the Dallas-Fort Worth market.

Dallas-based Silverleaf (NASDAQ: SVLF) said the Beach Club section of The Villages Resort will be sold as an upgrade product to existing Silverleaf timeshare owners.

The new portion of the resort, which will include 144 units at full build-out, has 16 units that were recently completed.

The resort is located on the shores of Lake Palestine, near Tyler.

Amenities include a 3,000-square-foot outdoor swimming pool, a beach volleyball court, shuffleboard courts and a children’s water play area. Owners also have access to the lake’s beach for sunbathing and beach-related activities.

http://www.bizjournals.com/dallas/stories/2007/12/17/daily18.html

Diamond Resorts International® Completes $325 Million Conduit December 27, 2007

Posted by Jason Dobbins in : News & Events, Timeshare Resource , add a comment

Diamond Resorts International® (DRI) announces the completion of $325 million of variable funding notes by Sunterra Issuer 2007, LLC. The notes are backed by vacation ownership receivables originated by subsidiaries of Diamond Resorts International® and represent the financial community’s belief in the credibility and security of the company’s long-term business plans.

“In an asset-intensive industry, our debt financing strategy is a critical factor in our expansion and acquisition goals,” says Stephen J. Cloobeck, Chairman and Chief Executive Officer of DRI. “Having the commitment and confidence of global finance partners in our brand potential and leadership experience gives us the solid foundation we need to develop and acquire the destination choices our owners have requested and so much more.”

Timeshare companies have not historically sought conduit financing primarily due to the stringent due diligence of the process. Led by a seasoned financial team seeking innovative means to facilitate cost-effective funding, DRI has become one of the few timeshare companies to leverage this source.

“The lower cost of financing is a major coup in building a world class organization,” says DRI President and Chief Operating Officer Simon Crawford-Welch Ph.D., RRP. “We qualified based on the solid paper we carry and low volatility of our current portfolio. Now, these realized savings can positively influence our ability to invest in new product development, team member training and significant upgrades in the comfort of our properties.”

The funding notes have not been and will not be registered under the Securities Act of 1933, as amended, or any state securities laws and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.

Resort Equity Marketing to Offer Refunds December 18, 2007

Posted by dconnolly in : Timeshare Resource , 92comments

In a startling news article released 12/18/07 by the Orlando Sentinal, Resort Equity Marketing, a timeshare resale firm in Altamonte Springs based business, is offering around $50,000.00 in refunds to customers who filed a number of complaints with the Attorney General’s office in Florida. They will also be responsible for paying the legal fees associated with the investigation, which runs the total up to nearly $100,000.00.

The questionable sales tactics involved listing timeshares for sale and offering airline tickets if the timeshare was not sold within 180 days. When the tickets were not delivered, customers got angry and filed the complaints. This type of selling practice has long been red-flagged as a scam in the timeshare resale industry and customers of buyatimeshare.com are normally cautioned to avoid such companies.

While having a good price and proper marketing remain the best way to resell a timeshare, there can never be a guarantee as to when a timeshare will sell nor a specific price in which the timeshare will sell.

BuyATimeshare.com Records Record Sales with Increased PPC (Pay Per Click) Budget December 6, 2007

Posted by Jason Dobbins in : News & Events , add a comment

TAMPA, FL, Dec.5, 2007 –Thanks to an increase in advertising budgets and the utilization of pay per click opportunities, a timeshare business celebrates a record increase in sales.

Pay per click advertising is a burgeoning field and Jason Hamilton, BuyATimeshare.com president and co-owner, has had confidence in its success from the beginning. He attributes his success to a national ad campaign launch which includes his aggressive pay per click (PPC) campaign. “Our timeshare sales have almost doubled in the last month and a half. We have increased our advertising budget and have seen results. We are the industry leaders in PPC and I believe a good portion of our sales increases can be attributed to our ongoing internet ad campaigns.” Hamilton relays, “Our timeshare sales have corresponded directly to our website traffic increase. We’ve had more inquiries and more exposure than we’ve ever had.”

Hamilton was able to track his website traffic through a program called Alexa. Alexa is a downloadable toolbar that offers the ability to track the number of visitors to a website. According to Hamilton, “We’re not changing anything. Pay per click is something we’ve done from the beginning and believe we’re going to continue with—as long as it’s working, we’re there.” Jason Hamilton also attributes the recent success to the company’s focus on organic traffic on major search engines as well. “The bottom line is that if someone is looking on the internet to find a timeshare, they cannot miss our site” says Hamilton.

BuyATimeshare.com has increased its presence in all forms of marketing mediums such as periodicals, radio and television. Hamilton said, “We’re looking toward increasing the scope of our campaigns, especially our online presence. The exposure we’ve had though our internet experience has encouraged us to go deeper. Our website traffic has led to our success and we’re grateful to see it culminate with this kind of result.”

BuyATimeshare.com has been a frontrunner in the timeshare resale industry for over 7 years, allowing buyers, sellers, and renters to get together without the involvement of a broker therefore eliminating high commissions and brokers fees.
More information about BuyATimeshare.com can be found on their website www.buyatimeshare.com; call 800-640-6886 or e-mail info@buyatimeshare.com