Part Two in a Two-Part Blog Post on Westgate Timeshare

Saturday’s Timeshare Owners Blog reported on David Siegel, CEO and founder of Westgate timeshare and Westgate Vacation Villas, who was found guilty last week by a federal court in Florida of sexual harassment.

The $5 million lawsuit, brought against Siegel by a former employee, was not the first storm the self-made billionaire has weathered, nor is it likely to be the last. Siegel’s divorce from his second wife, Betty, cost him over $200 million in cash and assets including a lakeside home so decadent in style that when Michael Jackson first saw it, he made an offer on the spot to buy it for his personal residence.

Yet over the years, David Siegel seems to have done a good job of ensuring that his personal challenges do not affect the quality of service or standards at Westgate timeshare resorts. His motto, “Good enough isn’t good enough,” appears to be something he takes seriously. A 2007 Forbes Magazine profile of Siegel says he personally checks every detail about Westgate timeshare, including sleeping on sample bed pillows and, “…inspecting the furniture he preselected, the showerhead, and flat-screen TV in each unit.”

As an innovative, creative, and driven entrepreneur, Siegel continues to grow Westgate timeshares in his usual big way, building most of his properties three times larger in number of timeshare units than is the industry average for a timeshare resort. His commitment includes not only time, but also money. The company has already spent $100 million (with another $1.1 billion planned in investments) on his current showpiece timeshare resort, a joint venture between Westgate timeshare and Planet Hollywood for a 2,800+ timeshare condo resort in Las Vegas.

But the same Forbes article that extolled Siegel’s attention to detail also quoted him as describing the people who buy Westgate timeshare as being the, “Johnny Lunch-Bucket crowd,” who “shop at Wal-Mart and otherwise would stay in a Ramada Inn.”

…Somehow, I don’t think he meant that as a compliment.

Most people who buy timeshare as new property from Westgate Vacation Villas or Westgate timeshare, make a down payment (according the article in Forbes Magazine) of approximately, “…$2,400 for the right to stay one week per year in a two-bedroom apartment. They pay the other $21,600 over ten years (often borrowing it from Westgate, which makes much of its money on financing), plus a $599 annual maintenance fee.”

In case you missed that part, let me repeat it, “…Westgate, which makes much of its money on financing…“

Maybe It Is Time to Consider Timeshare Resales

I will leave you to draw your own conclusion about a decision to buy timeshare as new property from Westgate Resorts, or the decision to let Westgate Resorts finance your purchase.

On Sell My Timeshare NOW’s website, we advertise timeshare resales and timeshare rentals that belong to Westgate timeshare owners who want to sell or rent timeshare. When you buy timeshare through Sell My Timeshare NOW, you deal directly with the person who currently owns the timeshare weeks or timeshare condo. Because you are buying timeshare resales, you can expect to pay lower prices than if you buy timeshare directly from the developer.

If you are interested in buying Westgate timeshare, do two things before you make your decision. First, search the extensive inventory of timeshare resales available on the Sell My Timeshare NOW website and see for yourself the good deals that are available. Second, take a few minutes to watch this YouTube video of an interview with David Siegel and his wife Jacqueline, as they take you on a tour of their new house, at that time, still under construction.