Original Message:
Re: What are the five most important issues facing the timeshare industry today? (by R P.):
My opinion is that the timeshare industry will NEVER recover from this rescession .... people have come to realize that disposable income is a precious commodity and taking on the risk of all that's invoved in timeshare ownership (original price, never ending maintenance fees and possible special assessments) along with all the information on the internet involving scams in the industry will adversely affect ownership in the future.
It's already happening as sales are down significantly and even the big players (Marriott, Starwood etc.) have had press releases lately concerning such. I see many timeshare resorts closing down completely due to unpaid maintenance fees.
Also, people are learning via the internet that they can rent from owners without the hassles of ownership.
JMHO