Travel Consolidators Taking Over Timeshares?
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Travel Consolidators Taking Over Timeshares? (by Lance C.):
keith457 wrote:We recently went to a presentation by a travel consolidator. Similar to a timeshare, they offer to sell an upfront membership fee and annual dues, then offer discounts on timeshare and other properties (similar to an II or RCI hotweek). We got the impression that these companies are buying up timeshares on the cheap to resell to their members. Does anyone know anything about these companies, and whether or not they are a good deal?
Usually (but not always), companies with "deals" like this are up to no good. I don't know much about this company so I won't say for sure that it is a scam.
However, what is the membership fee and what are you hoping to get out of this deal?
The one alarm from this is that this company is implying that it buys up timeshares to resell. That is very doubtful. Not entirely impossible, but very doubtful.