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New Hampshire Timeshare Resale Company Headed for Record Year

New research by ARDA shows booming growth in timeshare sales, a fact that helps timeshare resale company, Sell My Timeshare NOW, enjoy their own record growth.

Dover, NH - July 5, 2007 -- With year-to-date offers currently at $143 million, offers to buy or rent timeshares are up 23 percent on the year for Sell My Timeshare NOW, a leader in the online marketing of timeshare resales and timeshare rentals. Jason Tremblay, founder and CEO of the New Hampshire based dot-com, says the timeshare resale company is pleased, but not surprised. "Timesharing is a way to enjoy luxurious resorts and easy vacation planning. The fact that new timeshare sales and timeshare resales are both booming shows how many people recognize the benefits of vacation ownership."

According to research conducted by Ernst & Young, LLP for the International Foundation of the American Resort Development Association, sales of new US timeshares increased by 16 percent during 2006. Tremblay says that the sales of new timeshare and timeshare resales do not necessarily compete with each other, but instead, meet the needs of a broad market by offering consumers a choice of ways to buy, rent or sell timeshare.

"Timeshare owners typically express satisfaction with their purchase. ARDA research shows that 80.3 percent are satisfied owners, and over 75 percent say owning a timeshare has increased their anticipation for upcoming vacations," Tremblay explains. He also points out that there is a flip-side to these statistics. An 80.3 percent satisfaction rate means that nearly 20 percent of timeshare owners have some degree of dissatisfaction. With more than 4 million timeshare owners in the US alone, 19.8 percent equals approximately 871,000 people who could be looking to resell their timeshare through companies like Sell MY Timeshare NOW. In other words, the more the overall timeshare industry grows, the more the inventory of timeshare resales increases.

About Sell My Timeshare NOW, LLC:
Sell My Timeshare NOW is an industry leader in providing advertising and marketing for timeshare owners wishing to sell or rent their timeshare. In 2006, SellMyTimeshareNOW.com presented $233,864,650 in offers to buy or rent timeshares to their customers. Jason Tremblay, CEO, is available for interview.


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SMTN At A Glance

Founded: 2003

Location:
383 Central Ave,
Suite 260,
Dover, NH
03820

Employees: 132

Phone:
877-815-4227

International:
603-516-0200

Fax:
603-516-0757

SMTN Executives

Jason TremblayCEO & Co-Founder Lee GossPresident & Chief Operating Officer Chris OwnbyChief Technology Officer Jacqueline RussChief Financial Officer Jay BadeVP of Business Development Aramis CherringtonVP of Ad Sales Leslie MartinVP of Operations Management Carol KollmMarketing Director Angela CatanzaroCustomer Care Manager Stu MorrisSEO Manager Nadgie BackusAd Sales Manager Leo WilliamsAd Sales Manager

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TBS Executives

Jerome BocquetVice President of Timeshare Broker Services Frank LarocheBrokerage Sales Director Lucas LaniganRental Sales Director