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Showing posts from September, 2022

‘Secret Profits’: How Booking Companies Manufacture Restrictions on ‘Use Rights’

     As discussed in the previous article, “Booking Companies: How Neutral Are They?” , RCI and Interval International, work as an extension of the resorts. The parent corporation, Wyndham in RCI’s case (or Marriott Vacations Worldwide, for Interval International), directs new owners towards the seemingly third-party Booking Company to manage their Timeshare. However, owners soon find themselves buried under restrictions they never knew they had. Purchasers were originally told it would be anywhere, anytime bookings , but there can be fees they never knew to pay, with huge advanced booking requirements and artificial availability, when you could just book it today online. These restrictions are all carefully manufactured by the booking companies to turn a profit at the expense of the consumer. Upgrades      When a timeshare owner uses the booking company, they may glean actual benefit from them, perhaps for several years even, with legitimate bonuses and additional accommodations. This

Booking Companies: How Neutral Are They?

     When one purchases a Timeshare, they are often directed by the resort to a booking company to properly make use of it. Companies like RCI and Interval International are seen as neutral parties, working through membership programs and providing access to resorts all around the world. But how neutral are they? Who owns them, and why? What is RCI?      RCI, formerly known as Resorts Condominiums International, is a vacation exchange membership program. By purchasing a subscription for their membership program, the consumer is provided the ability to find, price, and book usage for their timeshares. The services offered by RCI, or its main competitor, Interval International, are usually requested by the resorts in order to manage and book timeshares.      In theory, it sounds reasonable, so what’s the catch? What often goes unmentioned is how RCI operates. They claim to be independent from the resorts, offering their services on an unbiased network. However, that is very far from the

Tricks of the Trade: Clarifying the Timeshare Sales Pitch

     The Timeshare Industry thrives on deception, misdirection, and overwhelming pressure, they entrap consumers into high-pressure sales presentations. It’s imperative then for consumers to be informed of these situations, as to best prepare and avoid them if possible.      A recent story coming out of Las Vegas, Nevada, first reported by Channel 8 news, speaks of a family going through this process. They had purchased a timeshare in 1998, under Diamond Resorts. For a little over 20 years, they had few issues, however, their problems began in 2021. On advisement from the resort, they decided to upgrade their timeshare package. But instead of a better deal, they were dealt an extreme monthly fee and heavy restrictions on the use of their timeshare, realizing then that they were charged more per month than it was worth annually. What happened between then and now?      The confusion first began not in the conference room, but completely above the heads of consumers. Diamond Resorts was