Unhappy vacation owners usually experience an exhausting wave of resistance from timeshare resorts when seeking a way out of their perpetual agreement. Because of this, many fail. In most cases, the resilient and financially stable are the only types of owners able to obtain some sort of restitution.
For decades now, millions of consumers have been talked into spending tens of thousands of dollars on a weekly timeshare vacation. While some are content with a simple trip to a familiar destination, others become consumed by efforts to make the purchase worthwhile.
Taking the time to analyze the mistakes and failures of our industry helps us provide the best possible solution for timeshare owners. While public records of sales infractions and class action lawsuits provide us with insight on misconduct in the relief realm, consumer complaints are what really help us understand the entirety of the buyer’s experience.
When it comes to timeshares, the amount of time and money that goes into the sale is staggering. But it’s not because travel has become extremely competitive over the last decade. Instead of advertising intervals online, timeshare companies prefer to meet with timeshare prospects in a secluded environment they can control.
While most lawsuits against timeshare companies are rarely fruitful, some deserve public attention. For the most part, a large percentage of society isn’t keen on the sales tactics of the industry. Understanding buyer complaints can help consumers avoid the purchase altogether. In reality, many buyers often find themselves in over their heads with the purchase before they even know what happened.
When you think about it, nearly all of us long for a vacation. The stagnancy that comes from a routine is hard to ignore. Because of this, most of us are highly intrigued by “affordable” opportunities to get away. For more than half a century now, timeshare companies have been taking advantage of this desire to travel.
While many vacation owners worry about the outcome of their annual vacation in 2020, those that purchased Welk Resorts points from January 2011 to March 2016 are in for a big surprise. Just last week, up to $3.55 million was awarded to those that have been misled by the timeshare sales process.
Our world is stuck in a time of despair. Since the wake of the Coronavirus, people’s livelihoods have been turned upside down. Local shops and businesses have been forced to close their doors and millions of Americans are living on pennies. Casualties have become eager to voice injustice.
In the beginning stages of the Coronavirus outbreak, very few timeshare resorts had much to say. But once travel restrictions were implemented, timeshares acted swiftly to cut costs and seek pity.
The Coronavirus has created quite the stir in the travel industry since March. While millions of travelers have been inconvenienced, none should be more disturbed than the timeshare owner. Some have been paying thousands of dollars to their respective resorts for decades now – only to be left without answers and a financial option for relief.
As we continue to analyze the COVID-19 responses by major timeshare resorts across the country, nothing said has been too surprising. At the same time, vacation owners are still left with their questions unanswered – some even feeling trapped in their agreements. Although Wyndham Hotels and Resorts was one of the first resorts to publish a statement, it didn’t provide much more information than the rest.
The simple fact that predatory agencies have an ability to target and communicate with most timeshare owners at any given point in time is concerning to say the least. Online promotions and ads for timeshare relief can be extremely luring for unhappy owners. Especially when they’re desperate for a way to escape their timeshare agreement.
For months now, vacation owners have been waiting for answers regarding their timeshare contracts. In the meantime, resorts have been more concerned with promoting their losses. It’s almost as if they’re looking for pity because an unexpected event altered their fortunes.
In the timeshare industry, truth can sometimes be scarce. The problem is, not many vacation owners notice until it’s too late. There are hundreds of websites out there that serve millions of misleading advertisements geared towards timeshare owners.
As our country’s lockdown progresses, more timeshare companies are publishing news releases to speak on the impact of the Coronavirus. No matter who we’ve covered over the past few weeks, all resorts seem to be singing the same tune. The Hyatt Residence Club is the latest
Written by the top Real Estate Litigators in the Timeshare Industry.
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