To say the travel industry has been on edge in 2020 would be an understatement. Billions of dollars have been lost as travelers remain home. At the same time, unlike other tourism-based companies, the element of fractional ownership has given some resorts a unique ability to profit.
If the economy were to reopen soon, tourist destinations will more than likely become flooded with mass amounts of travelers – especially this holiday season. While it may be exciting to get back on the road, the euphoria of a vacation can cause ill-advised spending.
For years now, the general public has slowly realized that the elderly population is frequently targeted by convincing offers that are said to improve their overall quality of life. Timeshares have been no exception.
For more than half a year now, Americans have been limited in their ability to travel. The millions of people that look forward to annual spring or summer vacations have been grounded without much certainty on when the next trip will be.
When it comes to owning a timeshare, a number of factors can result in an unsatisfactory experience. From availability to broken promises and unexpected costs, things can go south quickly. Unfortunately, most buyers aren’t able to even scratch the surface of relief.
Listening to a timeshare offer can be a compelling experience when you’re blinded by possibilities. While timeshare vacations play out pleasantly for some travelers, making an informed decision is key. Unfortunately, far too many buyers don’t pay attention to the potential pitfalls in their pursuit of free vouchers or gifts.
As timeshare travel nears its 60th year of existence, consumers are beginning to grow tired of the sale. While most of the class action lawsuits we’ve covered pertain to the purchase itself, some filings occur when timeshare solicitations cross the line. This was the case in 2017 when Cheri Astrahan submitted a TCPA Class Action against Marriott Vacation Club for constant phone solicitation in California.
Nearly every person that attends a timeshare seminar has been incentivised to do so. Whether they eagerly arrive for a free vacation or a simple voucher, most aren’t exactly interested in purchasing a vacation package for tens of thousands of dollars.
When it comes to class action lawsuits against timeshare companies, unhappy buyers are usually frustrated by a lack of disclosure or because they’ve been being lied to. Whether they can prove their claims or not, most point out the level of inconvenience and the amount of money the product has cost them.
Every year, (well, except 2020), tens of millions of Americans travel the country to escape the repetitive reality of their everyday lives. During these vacations, many become intrigued by timeshare opportunities that appear to offer annual trips at discounted rates.
Despite the millions of tourists that travel through Bransen, St. Louis and the land of the Ozarks every year, the Missouri timeshare industry continues to boom with deceit. Because of this, many visitors are swindled into buying a vacation property they don’t exactly understand.
When travel bans and local restrictions cease, millions of tourists will be exposed to the ever-luring timeshare sale and thousands will be sucked into a presentation. It’s difficult to talk someone out of “the deal of a lifetime” when they believe it to be true. The point is, the only way to slow down the misinformed purchase of timeshares is to reach consumers before they’re sold.
A majority of the lawsuits we cover on our blog have to do with vacation owners seeking restitution. Whether the outcome results in a settlement or an extensive legal battle, many plaintiffs simply want to get out of their timeshare agreement. But what is one to do when the timeshare company (defendant) has their legal team file a lawsuit against your lawyers?
If you were able to catch last week’s article, then you now know there is an endless list of lies that timeshares tell consumers. Nearly every timeshare complaint involves the initial transaction. Although we already covered most of the presentation’s tactical verbiage, there are lies that appeal to people – even after they say “No” numerous times. Whether buyers fall for any of the entry-level deception or not, one single lie can lead them down a confusing path of bad decisions.
Every year, timeshares in Orange County (OC) incur about $175 million in property taxes. This is a big number that 2020 hasn’t been kind to. The barriers set by COVID-19 have drastically hindered tourism in Florida – especially in OC. Although local resorts own about $9 billion in taxable property and the industry itself has profited nearly $10 billion year over year since 2017, somebody is looking to lessen this tax obligation quickly.
