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Timeshare Solutions for All, from BuyATimeshare.com February 20, 2009

Posted by Bryan Connelly in : ARDA, Bluegreen Resorts, Charity, Customer Comments, Disney, Donate a Timeshare, Fairfield Timeshares, General, Hilton Grand Vacation, Hilton Head Island, JetShare, Marriott Timeshares, New Features, News & Events, Planet Hollywood, RCI, Sunterra Timeshare, Sunterra/Diamond Resorts, Timeshare Rental, Timeshare Resale, Timeshare Resource, Travel, Uncategorized, VOIC, Westgate Timeshares, Wyndham Timeshares, silverleaf , add a comment

The timeshare industry has brought us affordable vacationing and access to the world’s finest luxury resorts. Recent straits in the U.S economy however, have triggered companies to pare staff by the thousand. Unemployment has grown to 7.2 percent nationally. In the aftermath of a tough credit market, top brands in the hospitality industry have shed sales departments and are in the process of scaling down.

Due to an increase in the demand for selling and renting timeshares, the resale market is witnessing a boom. Consumers are finding affordable vacationing during economic hardship and owners are getting their timeshares sold. Contrary to current conditions, BuyATimeshare.com has employment opportunities during a companywide upgrade.

The New Hampshire-based timeshare reseller and marketing firm, BuyATimeshare.com owners Wes Kogelman and Jason Hamilton grew up in the granite state and want to offer a legitimate solution for individuals looking to sell or rent their timeshare properties.

Kogelman stated “We have the most aggressive marketing program to bring buyers and seller of timeshare properties together; we’ve shown success with all timeshare properties throughout the world and want to offer people a risk free way to sell or rent their timeshare properties.”

As a vacation property ownership can bring years of affordable vacationing, likewise they can become a liability. While annual maintenance fees pile up for some owners, others are unable to even enjoy their vacation property year after year. A growing number of people are liquidating assets and scurrying to pay their inflated home mortgages, BuyATimeshare.com has created the resale marketplace on their website to help in your efforts.

This is a significant tool in a world driven by internet technology. More and more owners cannot afford, do not use, or are just looking to sell or rent their vacation properties. “We’ve listened to our consumers and want to do everything possible to help. We are providing a month of proven risk free worldwide exposure,” Kogelman said.

In today’s economy, BuyATimeshare.com is looking to help however it can. The company’s founders are offering an inexpensive route to worldwide exposure. Those who want to get money for their timeshare, or are just looking to secure a timeshare without the inflated price at the resort, can enjoy the for-sale-by-owner benefits at BuyATimeshare.com.

Westgate Violates Do Not Call Registry January 30, 2009

Posted by Bryan Connelly in : ARDA, General, News & Events, Travel, Westgate Timeshares , add a comment

For making phone calls to people on the national “Do Not Call” list, The Federal Trade Commission said on Tuesday, January 27, that Westgate, one of the largest and oldest independent timeshare developers, will be liable for $900,000 to settle the charges.

Mostly found in the Orlando, Florida area, Westgate has recently expanded to Las Vegas where the Towers at Planet Hollywood are accepting bids. In November 2008, Westgate was hit with a $1 million lawsuit for luring consumers with vouchers that were impossible to redeem. Though they have been a frontrunner in the hospitality industry from the start, the Orlando-based company has recently cut over 4,000 employees in response to current economic turbulence.

The Federal Trade Commission also announced a $275.000 settlement with a Florida-based company, Accumen Management Services Inc. and its subsidiary All In One Vacation Club LLC. The company made telemarketing calls to people who had filled out entry forms for a sweepstakes to win a vacation packages. The Federal Trade Commission said many of those who called were on the Do Not Call registry and did not agree to the telemarketing sales pitches for timeshares and vacation getaways.

Westgate apparently bought phone numbers from an internet-based lead generator that collects contact information with offerings on its Brandarama.com website. The veteran timeshare developer has received several thousand complaints from consumers. Other companies like Central Florida Investment inc., and CFI Sales and Marketing LLC, which have both done telemarketing for Westgate. Over 167 million phone numbers have been put on the Do Not Call Registry.

At BuyATimeshare.com we sell hundreds of Westgate properties to buyers and owners who already have and enjoy their timeshares. A premier brand, Westgate is one of the most popular and high-quality resort developers the world has seen. It is too bad they have such bad press in a time where timeshare needs all the credibility it can get.

International Interest in Timeshare and Resales January 16, 2009

Posted by Bryan Connelly in : ARDA, Fairfield Timeshares, General, Hilton Grand Vacation, Hilton Head Island, Marriott Timeshares, News & Events, RCI, Timeshare Rental, Timeshare Resale, Timeshare Resource, Travel, Uncategorized, Westgate Timeshares, Wyndham Timeshares , add a comment

Despite economic troubles in the U.S, the economy has not really affected global interest in timeshare. Vacationing abroad is still popular and rebounding after a summer fraught with high fuel prices and struggling timeshare developers. All over the world, people are paying attention to the timeshare phenomenon—finding an inexpensive portal to a luxurious vacation thousands of miles away from home.

Hospitality Superpowers like Wyndham, Marriott, Starwood and Hilton have become nearly dependant on timeshares in recent years. 2008 was especially disagreeable to developers, evaporating their market value considerably. Wyndham Worldwide expects about a $1billion slip in vacation ownership sales over 2009. A trend that swept through the industry eliminated sales offices and marketing programs. Brands are predicting that 2009 will be tough as demand is anticipated to weaken further.

International occupancy of U.S timeshare has grown from about $2.7 billion $10.6 billion in a mere decade. Regardless of recent news, worldwide interest in timeshares has not slowed. Timeshare ownerships in countries like India are running rampid. RCI has witnessed a 39 percent growth rate from 2007 to 2008. RCI says it has seen a 40 percent increase in confirmed sales from its members in Goa, India over 2008.

Hilton Grand Vacations Club has noticed a remarkable correlation between international tourism and timeshare use. In response to this, Hilton has opened the Grand Waikikian, its fifth resort on Hawaii. The Aloha State had reported a declined in tourism down to a hotel occupancy of only 60 percent. Though the sum of U.S visitors to Hawaii is dropping off, there recent reports illustrate an increase in international tourism visiting timeshare destinations in Hawaii.

Due to the ever-growing popularity of timeshares, European parliament is working to tighten rules on EU timeshares companies. Timesharing is becoming widely used among Europeans who had been dealing with decades of bogus sales and resale companies. BuyATimeshare.com has been seeing this increase in offers from international vacationers, adding staff to compensate. Most of the people that visit our site are from all over the globe. They have dealt with scams before and are typically seeking a reputable company to help them—BuyATimeshare.com the company they chose.

The Timeshare Credit Crunch Saga: Part II December 10, 2008

Posted by Bryan Connelly in : ARDA, Customer Comments, Fairfield Timeshares, General, New Features, News & Events, RCI, Timeshare Rental, Timeshare Resale, Timeshare Resource, Travel, Westgate Timeshares, Wyndham Timeshares , add a comment

Scary times for everyone during this holiday season. The cheer this year is high yet sung with bated breath as U.S. employers already cutting 533,000 jobs since November. It is no wonder the tension is hitting home. This is the largest number of job losses since 1974. Numerous manufacturing and service companies are cutting employment by the throng. Timeshare demand is still high however, and travelers are still taking vacations. It is reliving to know that a much needed vacation, or holiday trip is still within a frugal grasp.

Westgate has laid off more than 3,000 employees and is looking at possibly cutting another 1,000. Wyndham is another struggling developer cutting costs (staff) where they can. Though other brands have made dramatic cut-backs, Wyndham has cut a whopping 13 percent of its workforce! Times got real tough once the credit market dried up. Wyndham immediately eliminated sales offices and marketing program. Since Wyndham Worldwide Corps., which finances 70 percent of their timeshare sales, did so by lending the customers the money to buy their vacation properties.

Developers then sell the loans into the market as securities backed by the receivable payments. A global credit freeze triggered by U.S. residential property defaults has abolished investor demand for all types of assert-backed securities. This has forced companies to tighten criteria and provide more limited financing. After the troubled housing market plummeted, investors worry that defaults on timeshare loans will spike. Those concerns have weighed particularly on Wyndham’s stock, which has lost more than 75 percent of its value this year.

Read Part I

Read Part III

If it is not BuyATimeshare.com, Buyer Beware December 7, 2008

Posted by Bryan Connelly in : ARDA, Marriott Timeshares, News & Events, RCI, Timeshare Rental, Timeshare Resale, Timeshare Resource, Travel, Uncategorized, Westgate Timeshares, Wyndham Timeshares , add a comment

Over the past 30 years, more than 1000 timeshare marketing and sales companies have sprouted around the world. They all promise the same thing: quick sales at little cost to you. Unfortunately most timeshare companies employ many unscrupulous and overly aggressive sales tactics. A stigma has since formed around an otherwise legitimate industry. BuyATimeshare.com has been working to restore the good name of this valuable concept and consistently saves consumers thousands of dollars when purchasing a vacation property.

While other timeshare resale companies fail to advertise and developers are loosing their ability to finance, BuyATimeshare.com is one of the few still bringing a value to timeshare properties. Developers simply lure people into tours with promises of prizes like airfare or concert tickets. Unfortunately these tours turn into high-pressure sales presentations. Consumers are often subject to deceitful tactics, and after a barrage of false promises they end up paying about 10 times what the property is worth.

Timesharing is a strong concept; people are still buying timeshares and vacationing with them annually. Many big-brand companies like Marriott, Wyndham, and Westgate are showing their frailty. They have plenty of properties to sell but they can’t get mortgages to back them. Imagine spending upwards of $30,000, just to watch the company fall apart. No wonder so many of these stressed timeshare owners get discouraged and want out of their contract.

After all of the deceit, it is difficult to tell who to trust when it comes to timeshare resale. Many people still have a sour taste in their mouth from their last timeshare encounter. So how does a company convey their legitimacy? Research! Always look into a company using independent resources like Rankng.com to find where a business stands and how trustworthy a site is. BuyATimeshare.com is the highest ranked timeshare resale company, with a trust gauge of 10!

BuyATimeshare.com has been providing affordable vacation properties for nearly a decade. Over the past month of September, we have seen a record number of people taking advantage of the resale market, buying multiple weeks at a time and still saving thousands of dollars. With over $3 million spent annually to drive buyers to our site, we have experienced over $45 million in confirmed offers in the last quarter.

A validated website and trusted member of the American Resort Development Association (ARDA), BuyATimesahre.com gets properties on the market, aggressively advertised and sold! Our Buyer Specialist Department is there to facilitate the entire closing process, as well as answering any questions along the way. Buying, renting and selling timeshares have never been easier with worldwide online advertising and an experienced staff to assist you.

Most people do not even know there is a timeshare resale market available until after they pay too much from a developer. BuyATimeshare.com has the reputation of success, offering vacation-goers a cost effective means of advertising their timeshare and a venue for interested buyers to purchase them. When you are looking to buy or sell a timeshare, always do your research. Look into the area and the company in question.

The timeshare industry has been trying to clean up its act, there are still many companies out there just looking to capitalize on unsuspecting consumers. People are going to take a vacation, you have to, and even today people can afford to. As the economic situation continues to plummet people are making smarter decisions with their money. They are searching further to save more. To save thousands of dollars and hassle when buying, or simply rent for a cheep alternative to a hotel, contact Vacation Property Resales at BuyATimeshare.com and learn about your timeshare today!

The Timeshare Credit Crunch Saga: Part I December 5, 2008

Posted by Bryan Connelly in : ARDA, General, News & Events, RCI, Timeshare Rental, Timeshare Resale, Timeshare Resource, Travel, Uncategorized, Westgate Timeshares , add a comment

The credit crunch has not yet gone away. At BuyATimeshare.com we are seeing an increase in timeshare sales. Since the beginning of 2008, we have not seen a drop in people looking to rent and buy affordable vacation properties. With many others trying to pare leisure expenses, many owners are looking to sell their timeshares ‘today!’

In the meantime, big-brand resort developers are paring costs in the midst of a devastating collapse of the credit market that has all but paralyzed their sales activity. Companies like Central Florida Investments Inc. were forced to close its Westgate Houston Preview Gallery and has laid off all of its 106 employees. This is in conjunction over 3,000 jobs cut by Westgate. The gallery was one of many that offered a full-size model with a living room and kitchen, styled after Central Florida Investments’ timeshare properties.

The Houston location, which opened in 2004, was the first offsite sales center for Orlando-based Central Florida Investments. The company owns Westgate Resorts, which operated the preview gallery. According to documents filed with the Texas Workforce Commission, Central Florida Investments chose to close the Houston location late last month, siting similar reasons to what we have been hearing all year. “…Westgate has been unable to access its regular and customary borrowing sources and, as a result, does not presently have the cash flow to support its operations in their current form without these staff reductions.”

Read Part II

Read Par III

Westgate Hit with $1 Million Lawsuit November 23, 2008

Posted by Bryan Connelly in : ARDA, General, News & Events, RCI, Timeshare Rental, Timeshare Resale, Timeshare Resource, Travel, Uncategorized, Westgate Timeshares , add a comment

After nearly a three-week jury trial, Westgate Park City Resort & Spa has been sued for $1million in punitive damages. A Consumer Protection Group, created specifically to sue Westgate Resorts, did just that on behalf of nearly 30 Utah residents. A court in Utah County found the Florida-based timeshare firm guilty of attracting people to its resort using travel vouchers that were too difficult to redeem.

At BuyATimeshare.com we feel it is these types of unethical practices that add to the already negative reputation that timeshare is just beginning to escape. This kind of selling tactic has long been red-flagged as a scam in the timeshare resale industry. Customers of BuyATimeshare.com are always cautioned to avoid such companies. Never take bait!

Lawyer Scot Boyd, representing the plaintiff in this case explains that in exchange for touring Westgate’s new spa, the company promised free California trips including airfare and lodging for two. “They weren’t telling people they were getting a voucher, they were telling them they were getting an Anaheim trip.” Westgate will appeal a final civil judgment Boyd added.

“For all timeshares, they have to get bodies through the door so they can do the sales. Now how different companies choose to get people through the door may tell you who’s reputable and who’s not so reputable in the industry, said Boyd.”

Timesharing has proven to be very valuable to millions of vacation-goers. Unfortunately, the more people that buy from the developers, the more dastardly tactics companies will attempt to use. If you are genuinely interested in buying a timeshare, and you do not want to worry about sales pressure, hidden fees and underhanded sales tricks, BuyATimeshare.com is the answer to all of your timeshare needs.

Travel Industry Rebounds in Poor Economy November 8, 2008

Posted by Bryan Connelly in : ARDA, Bluegreen Resorts, Disney, Fairfield Timeshares, General, Hilton Grand Vacation, JetShare, Marriott Timeshares, New Features, News & Events, RCI, Sunterra/Diamond Resorts, Timeshare Rental, Timeshare Resale, Timeshare Resource, Travel, Westgate Timeshares, Wyndham Timeshares, silverleaf , add a comment

Despite folks paring costs anywhere they can, consumers have not completely cut leisure travel out of their lifestyle. The travel industry is bouncing back. People who do still travel are adapting their annual routine, staying closer to home for a change. The attitude that followed the U.S. financial crisis has caused people to vacation at their own part of the country—enjoying their nearby cities and mountains. People are seeking more local destinations, finding unbeatable deals on their own side of the ocean and not giving up their plans to travel.

Rather than buying airfare to cross the open seas, Americans are exploring Canada, Mexico, Central and South America. Both the Peso and the Canadian dollar have dropped significantly, making travel to these country and great value for neighboring Americans. Today, people are forced to look deeper for deals on everything from gas to Christmas presents. They are beginning to explore the timeshare industry as an alternative to hotels or staying the night on grandma’s futon.

Owners of timeshares at far-off tropical destinations for instance, have not been able to ante up to the airfare, let alone venture the cost of fun. So their international timeshare sits and waits while the owner searches further to get the best deal for this year’s holiday trip. At timeshare resale companies like BuyATimeshare.com we are seeing a tendency in those who rent and buy timeshares. Consumers are placing less emphasis on international trips, only traveling as far as Hawaii to vacation, and renting a resort near their family for the holidays.

People are become more educated about the timeshare industry they are reaping the benefits of the resale market. BuyATimeshare.com has made buying timeshares on the resale market as easy as it gets. Like everything, you always pay less when it’s ‘used.’ But a stay at a luxury resort does not carry any ‘used-car’ problems—and will cost far less than retail. The search for value is greater than ever and travelers will cut back on spending by shortening trips and down scaling the level of hotel they stay at, and have switched to a more local destination. With companies like BuyATimeshare.com looking to sell timeshares, there is no reason to spend too much or cut back too much on your next vacation.

BuyATimeshare.com Presents V.I.P Club Membership October 17, 2008

Posted by Bryan Connelly in : ARDA, Bluegreen Resorts, Customer Comments, Fairfield Timeshares, General, Hilton Grand Vacation, Marriott Timeshares, New Features, News & Events, RCI, Sunterra Timeshare, Sunterra/Diamond Resorts, Timeshare Rental, Timeshare Resale, Timeshare Resource, Travel, Uncategorized, Westgate Timeshares, Wyndham Timeshares, silverleaf , add a comment

BuyATimeshare.com, the leader in timeshare resales, has recently developed a V.I.P Club for owners looking to sell their timeshares. Over the past year we have seen great success with ‘Featured Properties’ and ‘Hot Deals.’ In an effort to provide the maximum exposure possible, V.I.P members will receive 10 times the exposure and typically result in a quicker sale.

When a buyer searches through our extensive inventory, they have over 3000 resorts across the globe to choose from. By browsing the alphabetically organized directory, choosing B for Bahamas, U for Utah, buyers are ready to find their timeshare. 3-V.I.P Club advertisements will show up so you don’t have to search any further. As the buyer refines the search a new set of V.I.P ads that fit the criteria will appear.

We have been experiencing record sales and rental activity over the past quarter, and
traffic on our website continues to increase. We feel this addition to the search process will augment an ad’s exposure—making them even easier to find. “V.I.P Club members will receive unmatched exposure, and that means a faster sale” explains Wes Kogelman, Vacation Property Resales President. “People are finding it easier to buy online, and realizing the cost effectiveness of purchasing their timeshares at BuyATimeshare.com.” BuyATimeshare.com reported over $6.6milion in confirmed offers over the past month of September.

Wyndham Falls Victim to Economic Drought October 10, 2008

Posted by Bryan Connelly in : ARDA, General, Marriott Timeshares, News & Events, RCI, Timeshare Rental, Timeshare Resale, Timeshare Resource, Travel, Uncategorized, Westgate Timeshares, Wyndham Timeshares , add a comment

As the economic drought continues, the lodging industry is shedding weight and hording their last morsels of profit. Wyndham Worldwide has stayed fairly strong amid the tightening credit crunch and had optimistic expectations for its third quarter. But after Marriott reported a 28% decline, shares of Wyndham Worldwide Corp. dropped 87 cents, nearly 7%. In response the conglomerate announced staff cuts and a series of ‘restructuring’ charges.

Stephen Holmes, Wyndham chairman and chief executive, said he was confident that the restructuring would enhance profitability during ‘this turbulent environment,’ and position the group for growth. Holmes explained “the majority of our earnings are generated through our fee-for-service business model, which continues to generate reliable revenue and cash flow.”

Wyndham declined to give details about the number of job losses, but stated they would scale back all timeshare development and seek customers with sufficient credit quality. Marriott also stated that it expects to delay or even cut some current projects as current market conditions continue to hit the availability of credit.

This trend, set by Westgate in late September, has been adopted by numerous brands that had otherwise been performing well. Wyndham stated these charges will take place throughout the second-half of the year and the first quarter of 2009.

With an emaciated timeshare industry looking to score back some cash fat, why buy and pay inflated prices when the resale market offers the same thing for about 1/3 of the cost? BuyATimeshare.com has never been concerned with selling overpriced timeshares that require financing. Even with our continued relationship with Tammac Financial, most people don’t even need to finance. With an extensive inventory of top-brand resorts we offer hundreds of timeshares and vacation packages for well under $10,000.