Tag Archives: timeshare news

$12.5 Million Dollars Spent On Resort Renovations on Royal Coconut Coast

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Resort renovations on Hawaii's Kauai Coast

Kauai’s Royal Coconut Coast is about to get a much deserved makeover. Four resorts on Kauai’s famed East Side are investing over $12.5 million in renovations, including improvements to its rooms, grounds, and buildings.

Since 2012, the cost of total renovation investments by the Coconut Coast Resort Association will now approach $43 million, with $9 million spent in 2014 and a combined $20 million spent in 2012 and 2013.

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Timeshare News 2016 Recap

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news review

As we ring in the year 2017, it’s always good to take the time to reflect on the year gone by. At SellMyTimeshareNow.com, it’s only natural we want to take a look back on all the timeshare news that has happened within the industry. From acquisitions to new resorts, there was a full year of news! Take a look at the top five timeshare news 2016 stories that engaged and excited us.

January – Marriott Buys The Strand Hotel

Mid January, The Strand Hotel in NYC was purchased by Marriott Vacation Worldwide. This means The Strand will now be included in the desirable Marriott Vacation Club vacation ownership program. The rebranding happened as quickly as March 2016 and was opened to Marriott Vacation Club shortly thereafter.

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Timeshare in Dubai Could Benefit from Growing Hotel Industry

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timeshare in dubai

The Middle East’s hottest travel destination could be poised for rapid timeshare growth. Because of a growing hotel industry, timeshare in Dubai could become more popular than ever, with the possibility of more mainstream brands opening new vacation ownership properties in the Emirate. The dazzling city is already home to thousands of hotels that total more than 100,000 rooms, and there’s nowhere to go but up.

The news of a ceaselessly growing hospitality economy in Dubai comes in advance of the highly-anticipated World Expo in 2020, which the city will be hosting. The years leading up to the event have been rife with growth elsewhere in the city too, with many attractions like cultural centers, theme parks, and entertainment venues being constructed. The event is expected to bring thousands of people to the city, and will likely spark a huge jump in tourism numbers.

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Timeshare in China Poised for Massive Growth

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Vacation ownership has become a big part of how people travel all around the world. While the USA and other popular travel destinations like Europe and the Caribbean have embraced the timeshare lifestyle and luxury ownership resorts, other areas of the world are still waiting for the growth and opportunities that timeshares bring.

That’s where one of the world’s largest economies comes into play. Timeshare in China remains an industry that has yet to fully blossom—while there are a handful of resorts scattered around the massive country in areas like Shandong and Yunnan, it doesn’t come close to the thousands that are around the United States. As timeshare ownership companies and resort developers look for areas to expand, China’s potential cannot be passed up.

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What Do Independent Timeshare Companies Mean for the Industry?

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timeshare companies

As timeshares become more popular among vacationers from around the world, the massive hospitality brands at the center of the industry are changing the way they look at the business model. Recently, there has been consistent news of “timeshare spinoffs,” which occurs when a hotel or lodging brand chooses to incorporate their vacation ownership branch into its own brand. These independent timeshare companies are being created by a number of notable brands, starting first with Starwood and most recently with Hilton.

Both timeshare owners and those interested in timeshares alike are wondering what exactly that means for the industry. As standalone companies, will these new businesses be able to offer the same product that is steadily growing more popular, or will they change the game altogether?

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