Original Message:
Re: What are the five most important issues facing the timeshare industry today? (by R P.):
iain12 wrote:As someone who reads these forums and works in the resale's industry (17 years) in Europe I can tell you now that I haven't heard of one resort in trouble.Most resorts will have seen this coming and protected themselves..
It's scaremongering that it is effecting the industry and the world in general.
I don't know about Europe, but in the USA it has absolutely nothing to do with scare mongering .... it has to do with the current economy/rescession. Please read my previous posts concerning people I know personally that's been affected by this rescession and many people are losing their jobs, period ... that's fact, not fear mongering.
In our rural mountain town, 3 restaruants closed their doors just last week on top of several that had already closed, stores and shops have closed and strip malls are sitting empty.
Perhaps Europe is in better shape economically.