Additional Tourist Destinations That Timeshare Operations Have Taken Over – Part 3.

Additional Tourist Destinations That Timeshare Operations Have Taken Over – Part 3.

Over the past few weeks, we’ve been covering some of the areas of our great country that have been taken over by timeshare operations. While many gleen in the idea of an economic boost, tourist destinations also present the community with a number of drawbacks. One of the things we’ve glossed over to this point the simple fact timeshare sales teams aren’t the most morally-driven citizens. In fact, many former timeshare employees recount a sense of having to “sell their soul” in order to find success in the industry.

Moreover, many are forced to lean heavily on misconduct to support the lavish lifestyles their commissions have granted them. Living in tourist destinations is not cheap. Sadly, the crafty, enabling culture and financial reward of selling timeshares changes many. Once some employees taste the greed-laced kool aid, profiting at the consumer’s expense becomes natural to them. While the goal of this article isn’t to prove crooked career paths trickle into societal issues, it is worth noting when analyzing the impact of timeshares in our local cities.

Have Timeshares Truly Boosted Local Economies?

A few years ago, David Segal (CEO and Founder of Westgate) boasted in a publication about the timeshare industry’s impact on the economy– specifically in Orlando. As one of the largest employers in Florida, he believes his business endeavors have been fruitful. According to FTN News, the timeshare industry stands at a $10.2 billion dollar industry with consecutive growth year over year for the last nine years. Understanding what and who has been impacted is key here as money can’t always be the only motive.

ARE TENURED RESIDENTS REALLY ON BOARD?

What about the residents that have been lured into timeshare contracts or morally altered by their sales job? How many buyers have gone through financial hardship from a timeshare purchase? What about the luring, carny-like salespeople that flood the streets of cities that were once known for true hospitality? One sales representative could affect 20 families every month. To put that in perspective, 1K sales reps could easily impact 20K people – 240,000 families annually.

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Much of today’s narrative is controlled by hearsay and money. As time passes, it’ll be easier to measure the true economic growth of tourist destinations. In the meantime, we can always assess some of the concrete facts surrounding some of the most beautiful places Americans travel to most. By looking at the history of these locations, we can easily understand how they evolved into tourist destinations that timeshare operations have taken over.

Two More Cities Eventually Taken Over By Tourism.

Many of America’s popular cities are lined with OPC (Off Premise Concierge) kiosks and incentivized contractors spewing information about special offers and “free” packages in exchange for tourist’s time. You have likely unknowingly passed one of these kiosks while on vacation, disguised as an “information” booth to attract tourists. Places like Las Vegas, Park City and Orlando immediately come to mind. But not all tourist destinations are jam-packed with corporate sales pitches as the cultural community often carries the slack. 

In other words, the livelihoods of locals in some tourist destinations count on the travel industry. Not every destination city was once a vast frontier, taken over by developers. Sometimes, hotels and resorts are the foundation of the economy and its ability to sustain. Islands often take on this purpose – unless owned and used for a specific purpose. Let’s take a look at a few examples.

5. Cancun, Mexico.

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Up until the 1960’s, Cancun is said to have been a deserted island for most of its existence. This is hard to imagine as it’s now one of the most popular beach destinations for tourists across the world. Although history is rather desolate, there are traces of the Mayan culture sprinkled throughout the island. But unlike other inhabited areas of land, there was no siege – at least not one recorded. 

If so, the Maya Civilization would have definitely put up a fight. According to historical documentation, the promontory city was somewhat of a fortress that overlooked the ocean while providing the community with high ground. Like many civilizations, disease and conflict is said to have wiped them out. But there is no scarcity of artifacts throughout the area as Cancun connects to a number of Mayan sites in the Yucatan Peninsula.

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A majority of these landmarks have been restored and maintained, limiting the expansion of tourist attractions. But this didn’t discourage developers from building resorts around the island’s remnants. In fact, the natural draw of Cancun is one of the main reasons it became one of the most popular tourist destinations in the world overnight. Once major developments were in place, travelers began exploring.

LODGING IN CANCUN, MEXICO HASN’T BEEN AROUND LONG.

The History of Cancun tells us most of its growth occurred in a short window of 10-15 years. Development was approved in 1969 and construction began the following year. Once roadways connected a small airfield and the nearest port city, Puerto Juarez (now the Marina Town Center), public interest started to grow. But because the site was across borders and little information was known, wealthy Americans hesitated to invest. In turn, the Mexican government funded the development of the island’s first hotels.

In 1974, the “Temptation Resort” (first hotel in Cancun) was completed and opened to the public. Later that year, the resort cut the ribbon on a brand new international airport. Along with establishing the FONATUR (National Foundation for the Promotion of Tourism), this proved to be one of the most iconic events in the history of Cancun, Mexico. By the 80’s, the word had spread of Cancun being one of the most beautiful tourist destinations in the Gulf.

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As investors found their way south of the border, further exploration and growth started to occur. Although the island endured a terrible hurricane (Gilbert in 1988) and the impact of the 9/11 attacks impacted tourism, they’ve been able to thrive. Not necessarily because of timeshare sales but because of the unique draw of the islands. But make no mistake about it, timeshare resorts have definitely taken over Cancun and benefited from the 500K people that now reside there. As the image above depicts, much has changed in the span of 50 years.

6. The U.S. Hawaiian Islands.

For more than 1500 years, the Polynesians have called Hawaii home. Before the luxurious resorts and private estates, it’s said they discovered the volcanic island, full of rare magnificence, by using the stars to navigate the Pacific Ocean. Although the inhabited landscape eventually invaded the traditions and lifestyles of the Polynesians, their culture is still much a part of the Hawaiian experience today. It’s one of the many reasons why (like the Mayan presence in Mexico) the 49th state of the union is now one of the top tourist destinations in the world.

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SETTLING WITH NATIVE HAWAIIANS WAS NO EASY TASK.

Despite the current peace on the islands, much conflict occurred throughout history. During the late 1700’s, warfare between island chiefs and native clans was widespread. None of the tribal kingdoms were able to establish dominance until a European Captain by the name of James Cook docked at the Waimea Bay on the island of Kauai in 1778. Cook and his crew initially met King Kamehameha I (a prophetic warrior, diplomat and leader) and immediately joined forces with him in an attempt to unite the islands.

Although Captain Cook was killed at Kealakekua Bay a year into the agreement, his advice and weaponry aided King Kamehameha I during intense battles at Nuuanu Pali on Oahu and Iao Valley. By 1810, a royal kingdom was established and the Kamehameha dynasty reigned in Hawaii until 1874. This is an important time in history because many natives believe the island would have eventually been torn apart by other ambitious westerners if unity wasn’t achieved.

PEACE IN HAWAII ALLOWED WESTERN INFLUENCE.

During this time of peace, missionaries migrated to preach, sugar agriculture exploded, the “King’s Band” was formed (still performs today as the Royal Hawaiian Band), Honolulu became the capital and Asians were recruited for hired hands. But one of the biggest missteps of Hawaiian development occurred when The Great Mahele Kamehameha III failed to educate his people on land ownership.

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Although ⅓ of the land was available to claim, they didn’t understand the concept or why they needed to make filings under the Kuleana Act. In the end only 1% was left in native hands out of what was originally available to them. This opened a door of opportunity for western influence and foreign expansion.

THE HAWAIIAN TRANSFER OF POWER.

From here, the government continued to garner more control over local decisions. In 1887 the last of the Hawaiian monarchy was stripped of most of their authority by force – leaving legislation in charge. By 1893 the deconstruction of the Kingdom of Hawaii began and the United States officially annexed the islands through the Newlands Resolution. Two years later, The Organic Act legitimized the Territory of Hawaii.

A HOTEL WAS BORN IN THE WAKE OF THE 20TH CENTURY.

Once the land was available and a government was in place to sell it, development could begin. The first wealthy landowner to take a chance in Hawaii was Walter Chamberlain Peacock. On March 11, 1901, he opened the first luxury hotel in a deserted area of Waikiki, Hawaii. The Moana Hotel was loaded with 75 rooms and a plethora of rare amenities (like an electric elevator).

Lodging like this especially appealed to upper class consumers. Because of this, tourism slowly became a major factor in the Hawaiian economy. The risks that Peacock took to build his hotel and the success that followed encouraged many others to follow suit. Since much of Hawaii’s land was undeveloped, it quickly became a new frontier with high rewards for wealthy investors.

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THE EXPANSION OF TROPICAL ISLAND RESORTS.

Over time, high bidders and travel partnerships started to transform the landscape of Hawaii into a money making vacation haven that benefited natives. It’s hard to tell if any of this would have occurred if nationals would have claimed their land or the original kingdom’s remained divided. Either way, it doesn’t take much research to see who reigns over the kingdom of Hawaii today. Lavish resorts, amenities and entertainment have taken over the warrior protected habitat for good.

Traveling To Island Resorts Via Timeshare Ownership.

Much of the natural beauty in these tourist destinations still remains, but the tranquility of both islands will never be the same. While hurricanes, the attack on Pearl Harbor and Kīlauea’s volcanic activity have delayed the economic growth – travel appeal was inevitable. At the same time, it would have been cool to see how the Polynesians or Mayans would have handled hospitality. We think it’s safe to assume that the experience – not the money – would have been a primary motive.

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Nonetheless, if you’ve bought a timeshare in these locations (or elsewhere) and are struggling to enjoy the experience, it doesn’t have to be a burden. Oftentimes, it’s difficult to understand these agreements which is why we offer free consultations for all vacation owners. We take pride in answering your questions or concerns so we can help you find an effective solution. Although we do specialize in legally canceling timeshare contracts, we know it’s not always the best option. Just keep in mind, a timeshare isn’t the only portal to paradise in Mexico or Hawaii.

Tips For Consumers Taking Out a Personal Loan to Buy a Timeshare.

Tips For Consumers Taking Out a Personal Loan to Buy a Timeshare.

Taking out a personal loan for a vacation ownership usually seems like a good idea after speaking to timeshare salespeople. Misleading promises during the presentation convince many that they’ve stumbled across a deal of a lifetime. Because of this, thousands of buyers borrow money in order to purchase somewhat of a mirage. Many don’t even realize they’ve made a mistake until it’s too late. Interest, maintenance fees, travel expenses, taxes and other costs can create quite the burden. Not to mention the emotional impact of false promises

The problem is, the perpetual agreement that vacation owners sign is binding. Getting out of the contract is burdensome in itself. That’s why we believe it’s important to help inform consumers before they’re even presented with the opportunity to make a life-altering mistake – like a timeshare purchase. With that being said, a recent article by MSN covered a number of things to look for when taking out a personal loan to buy a timeshare. So, we thought we’d highlight some of their points for you.

First Things First, Analyze Everything.

According to ARDA, the average sales price of a weekly interval is $22,942. But this number is far from finite. Sadly, most buyers aren’t truly aware of the totality of the expense and how much interest adds to it (17-19%). This is often intentionally hidden from them. While a timeshare loan may give you an opportunity to travel places you’ve never been, it can also alter your lifestyle. The key to avoiding a regretful timeshare purchase is simply taking the time to read into every detail before buying. Counting on sales teams to cover all of the bases is wishful thinking.

What Caught Our Attention About the Article.

One of the first things MSN mentioned in their post was the concept of reselling fractional interest. They did a great job of explaining how timeshares actually depreciate. This is why most banks won’t finance them and lending often goes through the developer (or credit card partnership). Nobody is going to take over the outstanding balance of an unwanted timeshare as it is proven that almost never does the collateral (timeshare) hold any value on the secondary market. 

If you’re ignoring interest rates because you think you can rent or sell the property, then really think about what you’re doing. It’s value in the marketplace is far less than what’s still owed on it. A timeshare is not the same as homeownership. The simple fact there’s literally no financial return should deter many from taking out a personal loan to buy a timeshare. Thousands of buyers would avoid remorse if this was fully understood.

Other Tips Regarding Personal Loans For Timeshares. 

MSN’s article also pointed out a number of things to look for in timeshare financing. Like all large purchase loans, the fine print should always be thoroughly inspected. Adding up numbers and doing the math yourself is important. This is the last chance you have to catch something disadvantageous. Since other items have been known to be included in timeshare finance packages, check numerous times if you can. MSN even goes as far as saying, “Don’t allow anyone to strong arm you into opening a credit card.” No matter how good 0% interest sounds, APR can be higher than expected.

There are also alternative ways to take out a personal loan to buy a timeshare. For some, the developer’s option may not make sense but they’re still committed to the purchase. While it’s still important to analyze your intentions, MSN recommends looking into unsecured personal or home equity loans for a solution. Lower interest rates can be expected – but realize a default mortgage can cost you your house. Is that worth it?

The Bottom Line With Loans For Vacation Ownership.

Every day, we speak to dozens of unhappy vacation owners, desperate for relief. Although timeshare sales teams deserve most of the blame, taking the time to review every detail would have saved them a lot of time and money. If you’re considering a purchase of this magnitude – even if you think it’s a limited time offer – please do your homework. There are plenty of publications providing a wealth of timeshare information online. Take advantage of these resources and make a decision that’s best for you.

Two More Travel Destinations Ruined by Timeshare Developers.

Two More Travel Destinations Ruined by Timeshare Developers.

In the United States alone, there are thousands of captivating landscapes that are easily accessible by timeshares and hotels. While some areas of the country (like the Grand Canyon) are fairly well preserved, nearly every corner of our country’s natural beauty has been exposed by the travel industry. But there was a time before tourism dominated port cities and mountain peaks. Like we pointed out in last week’s article, settling the land and sustaining a town was required before any real plans could be made. Even so, most travel destinations weren’t even founded on the concept of tourism. 

In the years of exploration, towns either thrived on their own or wealthy businessmen were needed to turn fortunes around. Failure in attractive places provided successful people with opportunities to shape the landscape into money-making havens. One could even say the foundation of hospitality was based on mistakes and others’ ability to capitalize on them. Turning the great outdoors into astonishing indoor attractions was the goal of many. Nonetheless, by the time vacation ownership was an option in the late 1960’s, many U.S. cities had already been primed for the product.

More History On Today’s Hot Travel Destinations.

We decided to cover this topic because we believe it provides consumers with a healthy amount of insight on the motives of the timeshare industry. Today, each of the following locations are known to be littered with timeshare companies vying for consumer attention. For the most part, this occurred because  prime real estate is usually always sold to the highest bidder with the best economic plan. By the time hospitality dominated the marketplace, there was no looking back.

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3. The Inland Peninsula of Orlando, Florida.

As one of America’s favorite travel destinations, Orlando, Florida, now boasts a magical kingdom and plethora of resorts made especially for kids and families. But it wasn’t always this pleasant and enjoyable. After taking over the land occupied by the Seminole Indians in 1838, American settlers leveraged the terrain to build a fortress (Fort Gatlin). This helped them better protect women and children while alleviating local attacks. As beautiful as Orlando is today, it’s hard to believe the region was once filled with conflict, fear and greed. 

Nonetheless, the battle for owners’ rights against Native Americans in the southeast peninsula was short lived. Technology, weaponry and brute force didn’t give them much of a chance to defend their territory. By the time the 1840’s rolled in, the dust began to settle and a small town named “Jernigan” (named after one of the first families) emerged. Within a decade, they began moving away from the walls of the fort and even established the community’s first post office. By 1875, nearly 100 people resided in the area and the name was changed to “Orlando.”

DISCOVERED PERKS IN THE CLIMATE OF CENTRAL FLORIDA.

Before Disney, Epcot, Universal Studios, swamp tours and parasailing, the city was flooded with opportunity and ambition. Over the next 20 years, Orlando’s population grew tremendously. Not only was it said to be one of the most peaceful places to live during The Civil War (not confirmed), but it was the perfect place to plant and harvest a bountiful citrus crop. To this day, Orlando is still atop this agricultural market and many families have lived well off the land. Even “The Great Freeze” of 1894-95 didn’t slow down production as it provided more opportunities for wealthy groups to thrive.

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RESIDENTIAL AND COMMERCIAL DEVELOPMENT BEGINS.

In the 1920’s. the American economy began to take off and the city’s real estate prices roared. Like we mentioned before, this allowed Orlando to lean on some of the country’s premier developers to establish hospitable appeal in central Florida. Housing hit its peak and the famous San Juan Hotel was constructed during this time. Until tourism turned Orlando into a legitimate travel destination, most residents made a living at Kennedy Space Center, Patrick Air Force Base, Cape Canaveral Air Force Station or the orchards.

Shortly after the foundation of the city was stabilized, Walt Disney announced his plan to build a mega-theme park in the area – which led to a tsunami-like wave of timeshare resorts and other tourist attractions. Today, you can’t even walk around Orlando without being bombarded by sales pitches and deals. While Disney World and other resorts have allowed the city to make a lot of money for a long time, travelers will never find the peace, tranquility and lemonade that was once found in Jernigan.

4. South Carolina’s Myrtle Beach and Hilton Head.

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In comparison to some of the other popular travel destinations across the globe, this stretch of land is a lot more open and relaxed. While Myrtle Beach does have a strip for entertainment and food, most of the region is full of quiet, natural beaches and golf courses that let tourists unwind for a week or two. If you travel south on the 95 for a few hours to the Hilton Head, you’ll pass hundreds of restful areas worth taking in. 

Despite the zen appeal of today, the South Carolina coastline didn’t initially attract part time visitors. The land wasn’t exactly easy to live on and a number of factors made life difficult for early settlers. Marshes, Indians, Diseases and Pirates were all said to make the early years strenuous. In order to settle, a plan and level of dedication was required. The Waccamaw River, abundance of timber and ability to produce rice became a crucial element of success, giving the town a little momentum by the 1900’s.

HOW DID HOSPITALITY GET ITS START IN SOUTH CAROLINA?

Although the economy was still struggling through its infant stages, the first hotel (Seaside Inn) was built in 1901 by the Burroughs & Collins Company. Shortly after, the company also played a role in naming the city. The widow of of Franklin G. Burroughs came up with “Myrtle Beach” after the wealth of wax myrtle trees growing wild along the shoreline. Over the next 20 years, the community started to experience a large influx in development that started with the erection of an upscale resort called The Arcady

By the roaring 1920’s, the Grand Strands of beaches had its first golf resort, Pine Lakes International Country Club and Ocean Forrest Hotel. From this point on, nearly everything was constructed with tourism in mind. Waterways were stretched inland to create even more appeal while expanding guest possibilities. Improved commercial shipping gave new companies like Sports Illustrated an ability to thrive in Myrtle Beach. Once the city was incorporated in 1938, the pavilion, carousel, historic band organ and Air Force base popped up quickly. At this point, the city began its transformation into one of the most popular travel destinations in the world.

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WHAT CHANGED SOUTH CAROLINA’S GROWTH TRAJECTORY?

In 1954, Hurricane Hazel changed everything. While Myrtle Beach didn’t exactly “fail” and it wasn’t totally destroyed, a “reset” button was necessary. This is where golf attractions began gaining traction. Ever since the 60’s, a golf course has been built almost every year in the area (There are about 115 available courses today). During the rejuvenation efforts of the 1970’s, improved amenities, attractions and retail centers took root. As the population tripled, more than $75 million was invested into new construction. 

Today, the Grand Strand from Myrtle Beach down to the Hilton Head welcomes more than 14 million tourists per year. Between 2016-2018, Myrtle Beach was the #2 fastest growing cities in the U.S. and continues to grow to this day. But how long can they sustain growth and preserve the relaxation? The Hilton Head is one of the most gorgeous places in the area and it’s littered with American corporations and timeshares. Is it only a matter of time before South Carolina is in the same boat as Florida? Let’s hope not.

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Travel Destinations Will Always Exist.

People that can’t afford to purchase a luxury home in a lavish location will always crave for an ability to visit one. No matter how you feel about the travel industry, there will always be money to be made. Developers will always be eager to build the next best resort in the most amazing and unthinkable of places. If you live in any of the travel destinations that we’ve discussed, then you’re probably fully aware of the local construction projects that never seem to end. Although it may be difficult to stomach the ongoing element of change, at least you’re not starting from scratch in the wilderness.

Moving forward, it’ll be interesting to see which uninhabited area of land is developed next for tourist-driven revenue. With technology improving, there’s no telling how far timeshare corporations will go to retain their market share. As long as they’re able to present bigger and better promises, consumers will always be intrigued by the appeal of fractional ownership in new travel destinations – even if it jeopardizes the captivating, natural beauty of America’s landscape.

2 Major Vacation Destinations Ruined by the Timeshare Industry.

2 Major Vacation Destinations Ruined by the Timeshare Industry.

In recent years, the travel industry has exploded with a number of options that provide an array of experiences across the globe. But even as younger generations have grown accustomed to variation travel, the timeshare industry has defended their dominance with major resorts in desired vacation destinations. In fact, some of the most prominent pieces of land are owned by timeshare companies and major resorts. Money and power has always provided them with an advantage.

Setting up shop in tourist-heavy locations helps them strategically leverage local attractions to promote “free” incentives to lose-spending travelers in exchange for attending a high pressure sales meeting. This extremely complex process misleads and captivates people that are already in a state of euphoria while on vacation. Generally, 1 out of every 3 people lured into a timeshare presentation end up going home with extra baggage.

Why Does VOC Care About the Timeshare Sale?

At the end of the day, people travel to prominent vacation destinations to relax and rejuvenate – not listen to a sales pitch. A $25k+ timeshare mortgage with limited usage can easily become a regretful souvenir. But because so many resorts own premier real estate in beautiful places, the enchanting snare will always be there. The goal of many is to make a lot of money – not matter the consumer cost. At VOC, we prefer to help travelers establish “good memories” and work hard to prioritize satisfaction over sales

Far too often, the timeshare purchase (and the vacation on which it was bought) become deeply remorseful experiences. Getting out of the timeshare trap is not only emotionally difficult but physically costly. This is why we’re so passionate about this topic. The avoidance of industry pitfalls is more important than understanding ownership itself. With that in mind, let’s take a look at some of the vacation destinations that have been completely ruined by the timeshare industry

Some of the Travel Destinations Ruined by Timesharing.

Although a majority of our content consists of educational material for timeshare prospects and owners, it’s always good to garner a further understanding of the industry as a whole. Each of the following destinations have seen quite a bit of change since the early days of travel. Whether they’re littered with mountains, golf courses, attractions or sandy beaches – some of the most beautiful places in America have been shaped by the timeshare industry.

1. Las Vegas, Nevada

Just before the start of the 1830’s, America’s first commercial caravan forged a new route (now known as the Old Spanish Trail) from New Mexico to the California Gold Rush. The migrant’s arid journey, led by Antonio Armijo, eventually stumbled across a desert oasis about 100 miles southwest from camp during a routine search for water. As you can imagine, the beauty of the grasslands and abundance of fresh springwater captivated the group. One of Armijo’s scouts, Rafael Rivera, came up with the idea to call the region, “Las Vegas” – after the vastness of “the meadows.”

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Before Las Vegas became the entertainment capital of the world, it was primarily used as a rest stop for those looking to strike gold on the west coast. Early on, the town mainly consisted of Mormons and Latinos that lived in adobe huts and farmed the land. But once the San Pedro railroad decided to erect a Vegas train station in 1890, rapid change occured. By 1905, the town was jam packed with new lodging, shopping and saloons – thanks to business-men (like William A. Clark) and their ties to the railroad.

HOW, WHEN AND WHY LAS VEGAS STARTED TO EVOLVE.

The early 1900’s is really where Las Vegas started to transform into the “sin city” that it is today. In these times, the Wild West was pretty wild. The negligent sale and embezzlement of land by risk-taking entrepreneurs set a shaky foundation for the city. This was later taken advantage of by criminals that flocked to the autonomy of the desert frontier. Once national gambling bans were implemented in 1910, east coast mobs began to see Las Vegas as a city of opportunity. And boy were they right.

By the mid-1960’s, billionaires like Howard Hughes started running mob-owned hotels and casinos out of town. Once the 80’s arrived, entertainment and lodging started to be the primary focus. Wealthy developers like Steve Wynn improved on the ideas of smaller players by creating more of an “entertaining” experience through design. By the end of the century, 13 of the 20 (65%) biggest resorts in the world and nearly 90K rooms were available in Sin City.

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What was once considered a beautiful oasis full of natural life is now known as a unique human experience full of lights. The awe of the landscape isn’t so tranquil anymore. While suburbs and the city itself aren’t anything extraordinary, the strip is packed with advertisements, attractions, sales pitches and lust – making it one of the most entertaining vacation destinations in the world. It doesn’t take much to notice the dominating presence of timeshare developers and resorts at the crossroads of the west. What could have truly been a beautiful oasis retreat in the desert was turned upside down by money and entertainment.

2. Park City, Utah.

Similar to the Nevadan Oasis, Utah had its own little slice of heaven nestled in the pacific northwest. Park City, located east of Salt Lake City and the Twin Peaks, was originally discovered by American soldiers in 1868. After leaving their Salt Lake base and trekking through Big Cottonwood Canyon for silver, they stumbled across a plot of land worth settling on – and the rest is history. By 1870, the First Transcontinental Railroad had the region connected to a good portion of the country’s population. 

Once the word of silver mining spread, hundreds of people eagerly left home for a chance to strike a fortune’s worth of silver. Some, like George Hearst, did just that – making more than $50 million from his Ontario Mine that was bought for $30K. But not everybody found success and fortune in Park City.

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TRAGEDY HINDERED THE TOWN’S GROWTH.

Although the town grew 5,000-7,500 residents from 1889 to 1898, a disastrous fire destroyed nearly everything. Roughly 15% of the population was left homeless. But residents were no stranger to adversity and they were able to rebuild and reinforce most structures and houses within two years. The sense of community and pride for what they’d been able to accomplish together echoed for generations.

Since the settlement was nestled in between peaks, most affordable, build-ready plots were taken by the early 1900’s. Because of this, a significant amount of money was required to buy land in Park City. By the time the 1930’s rolled around, the silver market was dwindling and skiing had become a local hit. Despite more than 1200 miners losing their jobs in a short period of time, the idea of a winter attraction gave the city hope for its economy. So in 1946, they built the first ski lift at Snow Park (now called Deer Valley). But it wasn’t that simple.

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SAVED BY GOVERNMENT FUNDING HOSPITALITY CHAINS.

5 years later, Park City was reeling and the population receded to 1,150 residents. After receiving federal funding, Treasure Mountain Resort was constructed and marketed across the country. People started moving back and the slopes began to garner high praises and media attention. Major hotel chains and timeshare developers began moving in once cultural events and other winter recreations expanded. By the 1990’s, most of the available land had been developed for people to come and stay.

The economy was thriving again and even hosted some of the 2002 Olympic Games. What was once a proud town of hard working miners, forging their living in the Utah mountains, is now a bustling city of tourists drinking hot cocoa. Any given ski day could see nearly 1 million people scattered across the Park City slopes. Billion dollar timeshare structures now cast shadows on the fire-proof brick buildings that pioneers built more than 100 years ago.

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Many Popular Vacation Destinations Have Reached Their Peak.

The United States is home to thousands of beautiful pockets of nature and wildlife. But most have now been overrun by the travel industry. Because of the ambitious and indulging nature of human beings, we’ll never know just how stunning these regions were in the early 1800’s. It’d be even more interesting to know just who might’ve lived there before. Depending on how you look at it, the current attractions in these places could be seen as an astonishment or a sight for sore eyes.

Either way, there’s nothing we can do about the current state of these vacation destinations. It was bound to happen as nearly every western traveler passed through one of these locations at some point in time. There are plenty of places to visit, explore and protect for the time being. Next week, we’ll talk more about a few Atlantic cities and wrap things up in the Gulf of Mexico and Hawaii.

The Timeshare Owner’s Perspective During the Sales Presentation.

The Timeshare Owner’s Perspective During the Sales Presentation.

Nearly every victim of a timeshare sale is on vacation when they make the purchase. Because of this, many eventually regret it. While it’s easy to blame the ignorance of their decision on a gullible mindset and the euphoria of their travels, it’s important that we take a second to look at things from the timeshare owner’s perspective. Although consumers do have an individual responsibility to make wise purchases, the presentation of products shouldn’t look to take advantage of them. 

Whether travelers are solicited to buy a timeshare at a tourist-heavy location (boardwalk, strip, shopping center, etc..) or around the resort, they tend to be instantly intrigued by the lure of free overnight stays, dinner vouchers, tickets and other attractions. Cut-throat salespeople are positioned in these places to talk people into exchanging their time for these gifts. Even if the offer is something inexpensive like $60 GatorLand passes, most people take the bait.

This is Where the Story of the Timeshare Sale Begins.

From the timeshare owner’s perspective, attending a “90-minute” presentation appeared to be a win-win scenario. Yea, they might miss out on some of their trip, but they’ll get to do something else, that sounds amazing, for free! Everyone likes free stuff, right? But fast forward 8 hours (yes, 8 hours later), and the presentation is still going. They’ve now sat through a manipulated podium presentation, listened to a number of misleading statements and find themselves exhausted and relatively confused.

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Just when they start thinking a timeshare may not be their cup of tea, a new sales guy offers another “today only deal worth listening to.” This could be justified due to their shirt being blue or it being Tuesday. Almost anything is usually said to make the attendee believe they’re in for an even better offer or that they are special. Because they’ve come this far, they usually continue listening to offers – hoping something makes it worth their time. But in the end, it simply wears them down while remorse begins to settle in.

At this point, most people feel like they have to get something out of the wasted day. How bummed would you be if you lost some of your vacation with nothing to show for it? This is exactly how timeshare sales teams want travelers to think. Even when the white flag is waved and they request the “free gift” for their time, most are met by another closer that finds a better way to relate to them. Many become so bogged down by information that they don’t even check contract terms. Some even feel forced to sign.

Analyzing The Perspective of a Timeshare Owner.

From the outside looking in, you might wonder why they don’t just walk away. But victims are strategically distracted from certain elements of the purchase and continuously presented with perks. It can be awfully difficult to see the drawback of the product from a new timeshare owner’s perspective. Especially when they’re uncertain if they want to let the “today only deals” they’ve been presented with expire. While it may not be financially ideal, they almost feel obligated to buy because they qualify.

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You see, the timeshare sales process is extremely methodical with a strong level of urgency. The time invested and the commitment to the spiel can be misleading in itself. Salespeople know who they can persuade and how to persuade them. Sales teams pair up with relatable attendees and relationships are forged. The new “friend” spends hours getting to know them and uncovers everything about their financials, family, interests in lifestyle. Pretending to care helps salespeople garner trust and close the deal.

How Else Are Sales Attendees Sold on Timeshares?

Knowing someone’s wife wants to go to the Bahamas or that an attending couple has family in Hawaii could aid them in closing. The idea of letting children or relatives use the timeshare week could also encourage people to buy in. Improved financing options for lower income families that help soften the monthly cost may also do the trick. Many sales teams have even been known to lie about revenue opportunities to get contracts signed. 

From a timeshare owner’s perspective, having an investment property and a new friend that can help him make money sounds like a sweet deal. Sales teams nudge them by asking, “You can see the value in this right?” Some people are even told points or property values will increase over time. But there’s really no way someone can prove this during a timeshare presentation as historical data proves this to be false. So when attendees fail to see the value, more aggressive measures typically ensue.

But, What Happens When They’re Still Not Interested?

When friendly sales don’t work and an attendee really just wants to go back to their hotel, the sales demeanor usually changes drastically. The presentation pivots from a helpful friend to a critical one. Quick jabs are often taken to convict them for walking away. “You can finally afford to take your family on vacation, don’t your children deserve to go on vacation?” This is where some people even feel like they owe their sales rep a purchase – because of how hard they worked on the deal. 

Or they might be told, “Don’t you want to take your parents on a trip before they pass away? You said they wanted to visit Maine.” “What about your wife? Don’t you think she deserves a treat every year for watching the kids while you work?” “Don’t you think your husband deserves an escape after working so hard?” “You guys look like you could use a vacation.” All of these statements really get under the skin of someone who’s already wasted an entire day.

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What to Do If You Want to Go Home.

At this point, the attendee’s perspective will become defensive or succumb to the relentless sales efforts. They’re either going to want to sign up for something or get their gift and go home. In order to exhaust every possibility of the sales presentation, let’s assume the attendees dodge every sales pitch and communicate a firm, “No” on several occasions. Even after another supposed “price drop”, they demand their gift. It’s been far longer than 90 minutes and they’re ready to go to bed and prepare for a day at GatorLand tomorrow.

The thing is, they’re now committed to getting these tickets. Which can take another 3-5 closers to receive. At some point in the process, they’re going to either be forced to leave the event empty handed or commit to some deal to get their gift. Once people are told they can always take advantage of the contract cancellation period, they usually sign up to execute the exchange. Sadly, the actual value of most free gifts don’t match the original perceived value and a majority of people aren’t aware the rescission period is less than a week (3 days in some states).

Signing Up to Escape the Presentation Usually Backfires

So in this example, the timeshare owner’s perspective is rather muddy at this point. In most cases, the buyer isn’t going to even look into the purchase until they get home. If they immediately return to work (or their normal routine) then it could be days or weeks before they even get around to it. By the time they do, they realize there were some restrictions to cashing in their voucher and the timeshare purchase is now perpetually binding. The entrapment of the presentation is to blame.

When the new buyer tries to get in touch with the friendly sales rep, they’re unable to connect. Days after the purchase settles in, the owner then discovers a secret compartment in the binder his salesman forgot to mention. It’s then that they realize all of the verbal promises made were lies. Things begin to be more clear and resentment starts to settle in. From a timeshare owner’s perspective, they’re a victim. Because of this, most people want revenge – but few are able to obtain it.

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The Struggle to Escape a Bad Timeshare Decision.

Unexpectedly finding yourself under contract can cause an aspiring determination to find restitution. But like many buyers, it only causes more trouble. Whether they walk away from timeshare payments, attempt to resell the property or look into cancellation, there are a number of pitfalls. Added costs with no resolve is common in this industry. Frantically guessing on where to turn for a solution leads many to scams. 

A sense of hopelessness, bitterness or anger can then settle in if the financial burden gets out of control. Especially if the unit itself is disappointing. Although many buyers are led to believe they have an affordable $15K contract over 10 years; interest rates (15-17.9%), travel costs and unexpected maintenance fees are also contractually binding. This can be a tough pill to swallow. 

After failing to find a way out, many are forced to look for a new way to make the most of the purchase. From the timeshare owner’s perspective, making some sacrifices to afford payments is better than fighting a battle where the odds are stacked against them. But if they struggle to book ideal dates or the destinations they were promised aren’t available, a tipping point is usually reached. And the cycle essentially never ends.

Making Wise Timeshare Decisions.

While there are plenty of ways this scenario can play out, it’s important to understand the purpose of this story. Signing up for a timeshare agreement may seem like an amazing opportunity, but there are a number of moving pieces that can make it a regrettable decision. We’ve published dozens of articles on this in hopes you can find the answers you’re looking for. 

Knowing what to expect during the entirety of this process can be the difference between an extensive setback or nothing at all.

How VOC Promotes Trust as a Timeshare Mortgage Cancellation Company.

How VOC Promotes Trust as a Timeshare Mortgage Cancellation Company.

When it comes to timeshare relief, vacation owners often find themselves overwhelmed by the variety of options available to them. What makes matters even more difficult is that third party predatory agencies like to bend the truth the same way timeshare companies do. This creates a sense of uncertainty for owners around what’s needed or who they can trust. In turn, thousands of people fail to find an ideal solution for their unwanted timeshare purchase. Even though a timeshare mortgage cancellation may be in their best interest, many hold out hope for an easier way. But rarely does it work out in their favor.

Cancellation Misconceptions Impact Timeshare Owners.

The misleading possibilities of resale can be extremely distracting. Renting a timeshare usually sounds good until nobody inquires. We’ve even talked to owners that were seriously thinking about donating the burden to someone else. While all of these options may seem like a path of minimal resistance, they’re most certainly not. In fact, most cases result in further problems. Especially when buyers think they own an investment property. Some even truly believe walking away from payments is their only option. They have no idea what lies ahead and – for the most part – timeshare owners deserve better. 

There always seems to be a healthy pool of vacation owners looking to escape their perpetual agreements. Unfortunately, hundreds of companies are vying for their attention. Since 2014, we’ve been committed to delivering a quality solution that separates us from the remainder of the timeshare exit marketplace. Since we’ve spent a lot of time discussing ways to identify fraudulent organizations and timeshare scams, we thought it would be a good time to discuss the way we go about our business. Many have chased opportunity in the cancellation realm and failed because of greed. We simply hope to show vacation owners that a trusted resource is willing to listen.

How We Embody a Trustworthy Brand at VOC.

While it may seem like the cancellation industry is difficult to navigate, there are some simple ways for owners to spot deceit. We’ve actually written a number of articles about companies that couldn’t help consumers get rid of their purchases and even created an exit fraud checklist for you reference during your search. At first, it can be overwhelming – but once you know what you’re looking for and who you can trust, the decision becomes a lot easier. Using our company as an example, here are some of the things that can tell you a lot about an online business.

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1. We Don’t Place Ads on our Website.

When it comes to online marketing, first impressions are usually everything. The last thing we want potential clients to see on our website is an advertisement for something else. If they’re looking for specific information about timeshare mortgage cancellation, then they ought to be able to find it. At VOC, our value lies in our content and the effort that goes into publishing accurate information that’s helpful. If we selfishly look for additional ways to profit – instead of ways to improve as a company – then it makes it awfully difficult to sustain 100% satisfaction.

When you see ads on a website, it typically means the primary purpose of the site is earn steady income. Every time a visitor views an ad or clicks on one, the host is paid. Most websites that partake in stuff like this don’t make a lot of money and use lead generation tactics for further revenue. While this is a decent way for someone to earn some spending money, it doesn’t build a lot of confidence around the brand. The effectiveness of the service itself should be able to support the business.

2. We Don’t Purchase Leads From Online Brokers.

Lead generation is probably one of the most popular strategies online today. Hundreds of thousands of sites are built to capture leads and sell them to desperate operations looking for customers. While it may seem like this would appeal to a company like ours, it does not. We prefer that our clients find us organically. When they believe in our service before requesting help, it allows them to trust the timeshare mortgage cancellation.

Aggressively selling or even harassing desperate timeshare owners only sets us up for failure. Especially when they aren’t expecting a call because their private information was bought. At VOC, we believe that any attempt to solicit business puts our reputation at risk. Patiently waiting until inquiries are ready to move forward and taking the time to qualify them ensures the process is seamless. Taking over another website’s transaction isn’t appealing at all and it could easily link to illegal activity.

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3. We Don’t Pay Third Party Websites for Reviews and Links.

Like we’ve covered in other articles, lazy SEO backlinks are one of the oldest tricks in the book when it comes to manipulating online traffic. Although some of our content has been published on different platforms, we don’t believe in taking shortcuts to garner exposure. Skepticism around online businesses that attempt to cheat marketing systems is warranted. Unlike many services in our industry, we take pride in producing quality content that Google and Bing rank highly. 

Building phony review websites and creating different online businesses in an attempt to steal market share is not only shady but extremely ignorant. Search engines are beginning to crack down on spammy links and unethical online practices that provide unfair advantages. If we want VOC to be known as a trustworthy timeshare mortgage cancellation company, then we can’t be reckless over short term opportunities. This is why we’re solely focused on publishing original, valuable content while building an experience that our clients are eager to promote themselves.

4. We Don’t Hire Ex-Timeshare Sales Teams.

When timeshare owners call VOC, they can expect to speak to a consultant – not an aggressive, misleading salesperson. If you’ve taken the time to read the blog on how our company got started, you’ll find that we despise aggressive sales. In most cases, timeshare owners have already been exhausted by efforts like these and we aim to provide them with a breath of fresh air. Since our industry is so competitive, it may seem like we lose out on a lot of business. But patience is virtue. Like other reasonings, talking owners into a timeshare mortgage cancellation just isn’t worth it to us.

Building a trusting relationship with them is far more important. Educating the consumer and listening to their story helps us equip them with what they need to know so they can act accordingly. We have to understand that many are very skeptical by the time they call us. Anything we say can hinder their perspective of our value. Even if timeshare mortgage cancellation isn’t appealing at the time, some call back after another company fails or scams them. No matter what, they always remember a genuine conversation with a professional consultant that didn’t pressure them.

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5. We Don’t Take on Bad Contracts Needing Further Action.

We like to think that one of the biggest perks of our service is honest feedback. While some owners don’t agree with what we know, timeshare mortgage cancellation isn’t for everyone. If we think there’s a better way, we’re going to tell you. The last thing we want to do is process a request that isn’t attainable. Unlike other exit firms, we don’t view desperate timeshare owners as an opportunity. We want to make sure you qualify for our service before getting started.

Sometimes this involves taking care of defaults or getting to the bottom or newly discovered contracts. Other times, you may not even need to legally cancel your timeshare contract. We want to help owners find the best possible solution even if it doesn’t include us as your representation. Protecting our client’s best interest and our integrity is always our priority. Transparency, thorough research and trustworthy resources allow us to do just that.

6. We Don’t Focus on Life After Ownership.

Another perk and confidence building element of our service is the simple fact we only focus on what we specialize in. We don’t bug our clients about potential vacation packages or points programs throughout the process. Far too often, exit companies try to maximize profits with every timeshare owner they come in contact with. Some even hand off their clients to other companies offering similar promotions

At VOC, we don’t even talk about life after ownership until the fat lady sings. Although we do have resources at our disposal, it would be selfish of us to take advantage of a client that’s counting on us to deliver one thing. If you happen to have any questions along the way, we’ll be more than happy to assist you. But first things first.

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More Trustworthy Facts About VOC Worth Noting.

Our company has never had to change our name or build additional brands to funnel people to different websites. We’ve never merged with another company, been bought out or transferred clients to someone else. We’ve never been forced to unexpectedly pivot or cover our tracks in any way. VOC has never over promised or under delivered for any client and has always provided backend processes that ensure a safe and effective timeshare mortgage cancellation.

Straightforwardness is important too. Although it doesn’t always bode well with everyone, we don’t tell people what they want to hear – rather what they need to hear. Even through a pandemic, the foundation and mission of our company has always been the same. We do everything in our power to embrace truth and always place owners’ best interests first. In an industry such as this, we really have no choice. Buyers deserve someone they can trust.

At VOC, we believe we can make a difference by avoiding tactless sales pitches, sticking to our strengths and striving for client satisfaction. We don’t want to scramble for customers or spend money to persuade them to hire us. We simply want them to trust and value our intentions. Hopefully we’ve been able to show our commitment to doing just that over the years.

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