Timeshare News – Tips, Tricks, and the Latest Goings on in the Industry

Timeshare news, tips, tricks, and the latest goings on in the industry.

Timeshares are a great way to vacation when you’re on a budget, but they can also be a nightmare when they go bad. Whether you’re an owner or just thinking about buying, it’s important to know the facts so you don’t fall victim to one of the many timeshare scams out there.

The best timeshare scams to avoid are those that take advantage of the underlying emotions people feel when they make a purchase decision, especially if it’s an impulsive one. That’s why the Better Business Bureau (BBB) is warning consumers to do their homework and read the fine print before they buy.

A new report by The Center for Responsible Travel reveals that American travelers are more interested in the environment and sustainability when choosing a hotel or resort. This report, based on a survey of more than 12,000 consumers, shows that consumers are increasingly seeking sustainable lodging options while still wanting the comforts of home and the amenities of a modern hotel or resort.

More than 800 American timeshare owners will be able to enjoy the holidays with a fresh start thanks to one of the largest and most successful timeshare exit companies in America. Known as Timeshare Compliance, this company has worked with thousands of frustrated timeshare owners to legally cancel their contracts with Mexico resorts, in what is described by the company as “one of the biggest timeshare exit settlements ever.”

MEXICO CITY (AP) — The U.S. Treasury Department has slapped sanctions on members and associates of the Jalisco New Generation drug cartel who allegedly operated a side business of timeshare fraud in Puerto Vallarta, Mexico. The sanctions freeze any assets the individuals or companies have in the United States and prohibit them from transacting with Americans.

Twenty nine years ago, the original timeshare discussion site, TUG, was started by Sandy Bernas to provide consumers with impartial, expert advice about what to look out for in the timeshare industry. It has since grown to become the leading timeshare consumer organization in the world. TUG is a volunteer-run site that relies on the contributions of members to stay ahead of the latest scams and pitfalls. Its information is moderated, assessed and categorised under the watchful eye of Keith Dewhurst.