That’s right. Many timeshare companies do not own the resorts where they sell their timeshares. They are owned by separate corporations and simply have an agreement with the timeshare companies to use some their rooms.
When the members try to use their timeshares through the resort network or the exchange company, many find it very difficult because the timeshare has a limited inventory at that property. Consequently, there are a plethora of online complaints toward the company because there is no availability where and when owners want to vacation.
In the case of AM Resorts (SECRETS, ZOETRY, DREAMS, BREATHLESS, NOW and SUNSCAPE) Resorts in Mexico, the Dominican Republic and Jamaica, they are a collection by AmResorts. The company that sells the timeshare is Unlimited Vacation Club, a travel club, and they do not own any of the resorts. Consumers who purchase a UVC membership at these resorts are buying nothing more than an overpriced travel club membership that costs between $10,000 to $80,000.
According to the contracts, the legal entity for Unlimited Vacation Club is in Panama. Although it is a Florida based company, travel club members who want to mediate any legal action against the company must go to Panama.
GET THE REMAINING SECRETS IN THIS FREE REPORT
Set yourself free from your timeshare challenges by learning “inside secrets” that only timeshare professionals know about. These secrets will not be found anywhere else as they are secrets only privy to the timeshare industry.
Timeshare exit companies, timeshare cancellation companies and timeshare attorneys are not timeshare professionals and have never worked in the industry. They know nothing about what is shared in this free report, especially about foreign owned timeshares. All they want is your money. If they can charge you thousands of dollars to help you get rid of your timeshare without knowing anything about the industry, you can certainly do it yourself.
The report includes…
- Which timeshare companies do not own the resort where they sell. Some own just a few rooms.
- One of the reasons why timeshare owners cannot use their timeshares is because the rooms have been sold to the public.
- Many timeshare companies are operating illegally without business licenses. Owners can simply walk away. Learn which ones are included.
- Consumers who purchased a timeshare at an all-inclusive resort pay more than the general public for the same time period.