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
Now that this pandemic has reached a point of no return, the general public has started to prepare for the aftermath of an economic crisis. Although timeshare companies were rather quiet during the first few weeks of the nation-wide quarantine, they’ve been adamantly working behind the scenes on a plan to sustain their business model.
In the beginning stages of the Coronavirus outbreak, Americans weren’t too worried by the idea of a pandemic. Mixed signals from the media, governments and health organizations didn’t help. Once New York was bombarded with new cases, people started to take notice.
Social distancing has been a worldwide phenomenon for more than a month now. Billions of people are grounded, waiting on government aid to revitalize their hope. Now that the Coronavirus has everyone’s attention, certain expenses are being looked at through a different lens – and decisions are being made to a different tune.
For more than a month, the entire country has been patiently waiting for the Coronavirus to run its course. As more time passes, restlessness increases. While it may be difficult to know what the aftermath of the pandemic will bring for timeshare owners, it’s safe to say resorts are hoping things return to normal sooner than later.
Over the past few weeks, we’ve been talking a lot about the realities and possibilities of vacation ownership during a global pandemic. As we head into month two of our country’s attempt to slow the spread of the coronavirus, it’s becoming more apparent this isn’t going to be a temporary thing.
No matter where you’re surfing online, it’s nearly impossible to avoid any type of news about the coronavirus disease. Some people want stay at home orders in place while others demand that the government reopen the economy. While a few businesses may be thriving during the pandemic, many industries are losing millions of dollars daily.
Over the past few weeks, we’ve been sharing a few hypothetical situations that vacation owners should most certainly consider. While it’s still difficult to tell when travel bans will be lifted or the economy will reopen, it’s safe to say that the hospitality industry will incur quite a bit of loss.
Ever since the Coronavirus began wreaking havoc on Americans and the U.S. economy, timeshare owners have been patiently awaiting resolve from the resort. If you’ve been following along in recent weeks, we’ve been rather critical of the industry’s lack of action in the midst of a pandemic. Mostly because of the direct inconvenience it’s caused for those that were eager to vacation this year.
A global pandemic isn’t exactly something you can anticipate or really even prepare for. Within weeks, each of our lives have been altered in some way shape or form. No matter how social you were before, we’re all getting used to the disappearance of familiar faces and places.
