Wyndham Vacation Ownership Update

Wyndham Vacation Ownership Acquires Additional Units At Emerald Beach Resort In Panama City Beach, Fla

Wyndham Vacation Ownership, the world’s largest vacation ownership company and a member of the Wyndham Worldwide family of companies (NYSE: WYN), today announced it has finalized an earlier contractual agreement to purchase 100 additional vacation ownership units at the Emerald Beach Resort in Panama City Beach, Fla. from Emerald Beach Resort, LLC. These units supplement the 100 units the company purchased at the resort in 2007. Wyndham Vacation Ownership has also entered into a contractual agreement to purchase further units at the resort at a later date. Terms of the deal were not disclosed.
“Last fall, we initiated a deal that would expand our presence in the Florida Panhandle through the incremental acquisition of existing vacation ownership units in Panama City Beach,” said Franz Hanning, president & CEO of Wyndham Vacation Ownership. “Our continued investment in this popular beach destination ensures that even more of our owners will have the opportunity to experience it.”
Operating as a part of the company’s FairShare Plus by Wyndham vacation ownership exchange program, Wyndham Vacation Resorts Panama City Beach will include a combination of spacious one-, two- and three-bedroom fully furnished condominium-style units with spectacular views of the Gulf of Mexico, all featuring a private balcony, full kitchen, living room, dining room, and washer and dryer. The Emerald Beach Resort is located at 14700 Front Beach Road in Panama City Beach.

Diamond Resorts International

Diamond Resorts International® (DRI) announces the European members of Club Sunterra Limited voted overwhelmingly in favor of a resolution to change the legal name of the members’ club from Club Sunterra Limited to Diamond Resorts European Collection Limited at the Extraordinary General Meeting held earlier this month. The members’ meeting vote, held near DRIs European headquarters in Lancaster, England was augmented by an online balloting system, available to all members prior to the EGM, under strict United Kingdom legal guidelines.“The many name changes that occurred over the last few years together with the acquisitions made on behalf of Club Sunterra left a very complex legal structure promoting waste and inefficiencies,” says Stephen J. Cloobeck, Chairman and Chief Executive Officer of DRI. “Our efforts to simplify and streamline every aspect of our business to create a successful global brand drove our resolution to change the club name to align with our other resort collections worldwide.”The name change, supported by over 85% of votes cast, to “Diamond Resorts European Collections Limited” is a change to the member club’s legal name only. From a marketing and membership perspective, the members club will simply be known as THE ClubSM.THE ClubSM will build upon the successes of DRIs existing member offerings with additional choices and convenience, supported by an efficient international network and exchange platform serving all members worldwide with uniformly exceptional products and services.“The name change was necessary to ensure long term benefits and global consistency - and simplicity - for our club members,” says DRI President and Chief Operating Officer Simon Crawford-Welch Ph.D., RRP. “It’s one more step toward a worldwide hospitality brand without the confusion of a complex organizational structure. It was a necessary transitional step that will allow us greater ease in delivering our brand tenets of simplicity, choice and comfort to members of THE ClubSM.”The official name of the global DRI company is, and will continue to be, Diamond Resorts International®Diamond Resorts International®, based in Las Vegas, Nev., is one of the largest vacation ownership companies in the world with more than 110 branded and affiliated resorts throughout the continental United States and Hawaii, Canada, Mexico, the Caribbean and Europe. Offering simplicity, choice and comfort to its more than 360,000 owners through the branded-service of more than 5,000 team members worldwide, Diamond Resorts International® is dedicated to providing its guests with effortless and relaxing vacation experiences every time, for a lifetime.



Technorati Tags:
timeshare, timeshares
Add to: Technorati Digg del.icio.us Yahoo BlinkList Spurl reddit Furl

reason #3 Why Not to Buy a Timeshare

Ability to exchange

Though exchange is an attractive reason for purchasing a timeshare, your "trading power" and the trade opportunities available to you, will depend on what you buy. Read more about how the timeshare exchange system works.
There is also a cost consideration here - if you're buying a timeshare for exchange ability, you'll want to pay close attention to these as well. Most exchange companies have annual membership fees + exchange fees involved when you actually do the exchange. There might also be fees for allowing someone else to use your unit.

Benefit #3 of Buying a Timeshare

Ability to exchange

Exchange is consistently a top reason people buy into timeshare. When you own a timeshare, you have the ability to exchange for another resort. You can also buy a membership with one or both of the more traditional exchange companies, Resort Condominiums International (RCI) and Interval International (II), if your resort has an affiliation. To be fair, this Pro also made our Cons list below.

Although this has provided our family the opportunity to travel and stay in luxurious accomodations we otherwise wouldnot have been a ble to afford


http://www.sellmytimeshare.org/