Timeshare Developer Losses in the Millions
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Re: Timeshare Developer Losses in the Millions (by John F.):
Hi Jayjay,
That 3+ year old article is nice but very incorrect. Last year, Marriott, Wyndham, Starwood, and other large devlopers all made record profits. As per the ARDA (the industry's trade group), over 93% of timeshare sales are made by the devloper, the rest are resales.
No, the little guy is still getting the you know what every day...