Consolidated Resorts Inc., a Las Vegas based timeshare company along with its affiliated companies, has commenced the process of filing for Chapter 7 protection this week in Nevada bankruptcy court. A Chapter 7 liquidation filing means that trustees will sell the timeshare company’s assets and then apply the proceeds to repay debtors.

Last month Consolidated Resorts Timeshare Company announced it was closing its sales and marketing offices but that the resorts would remain open for timeshare owners. Consolidated spokesman Ken Chupinsky told The Las Vegas Sun, “…timeshare interval owners will continue to have full use and enjoyment of the resorts.”

According to officials at Consolidated Timeshare Resorts, a management company that has not filed for bankruptcy protection will run the condominium associations that are responsible for each resort, adding that resorts are owned by the timeshare owners. Ken Chupinsky was quoted in The Las Vegas Sun as saying, “This has nothing to do with the timeshare owners. The timeshare owners are in fine shape.”

The timeshare company pointed to lack of financing available to timeshare owners to purchase new timeshares and a dwindling inventory as contributing to the problem. Consolidated Timeshare Resorts includes 14 timeshare properties; 3 that are Las Vegas timeshare resorts, 1 Orlando timeshare resort and 9 Hawaii timeshares.

It is hard to predict what the immediate or long-term responses will be by timeshare buyers and sellers.

Here are links to timeshare resales at Consolidated Resort’s 9 Hawaii timeshare properties:

• Sands of Kahana Vacation Club
• Kahana Beach Resort
• Hono Koa
• The Gardens at West Maui
• Kahana Villa Resort
• Maui Beach Vacation Club
• Maui Banyan Vacation Club
• Kona Islander
• Imperial Hawaii

Sources:

• Las Vegas ReviewJournal.com
• The Las Vegas Sun

“Book ‘em, Danno.” If you don’t remember anything else about the TV show, “Hawaii Five-O,” you probably remember this command issued at the end of almost every episode by McGarrett (actor Jack Lord) to the young police officer, Danny Williams (actor James MacArthur).

The popular police drama aired from 1968 to 1980 and helped bring the allure of the Hawaiian Islands into millions of American homes on a weekly basis. At the time the show began, Hawaii was still a recent addition to the US, having held statehood less than 10 years. Many fans of the show followed it as much for the scenic views and flavor of the islands as for the storyline and characters.

Most episodes of Hawaii Five-O were shot in Honolulu and other locations on the island of Oahu, and every week, the opening credits included images of the skyline along Waikiki Beach and a pensive McGarrett standing on the balcony of the penthouse suite at the Ilikai Hotel. This week, the Ilikai Hotel announced its closing, shutting down some 200 hotel rooms. Within the resort complex are approximately 800 more timeshare units and private condos which will remain open.

Shell Vacations Club Hawaii Timeshare

Shell Vacations Club at Waikiki Marina Resort at the Ilikai timeshares are fully operational and continue to be an ideal location for enjoying a Hawaii timeshare vacation. While it is no secret that the troubled economy has hurt Hawaii tourism with many vacationers opting to save the airfare and vacation closer to home, Hawaii hotels have been hit the hardest. Hawaii timeshares have also felt the impact, but to a lesser degree as many Hawaii timeshare owners see their vacation ownership as prepaid vacation accommodations at a locked-in price.

Follow these links to learn more about the opportunities in Shell Vacations Club at Waikiki Marina Resort at the Ilikai timeshare resales and timeshare rentals.

Click here to find out more about Hawaii timeshare resales.

And be sure to play this YouTube video, where the theme song alone is sure to bring back memories.

The New York Times says the Obama family is looking for a place for their summer vacation. Word is, they have already narrowed down the destination to Martha’s Vineyard, but may not have arranged their actual vacation lodging. As pointed out in a New York Times article, “President’s Vacation: Not Much of a Secret,” the Obama’s, (unlike many of the past Presidential families) do not own a vacation home.

So where exactly the Obama family will be staying during their August vacation remains in question. Will it be a hotel? A private residence? A quaint bed and breakfast?

How about a timeshare, Mr. President? With a timeshare, you can bypass the time and energy spent in vacation planning and scheduling, and go straight for some vacation relaxation.

Vacationing Celebrities and Dignitaries Boost Local Economies

In 1993, President and Mrs. Clinton (who also did not own a vacation home) vacationed in Martha’s Vineyard, staying at the Mansion House hotel. In advance of their arrival, the hotel’s owner hung a banner, welcoming the Clintons for their 10-day vacation stay. According to the New York Times, Charles J. Ogletree, a law professor at Harvard and summertime resident at Martha’s Vineyard says, “The rumor mill (about where the Obama’s will stay) is rampant …”

Wherever a Presidential family is vacationing, businesspeople in the area view it with anticipation, calling a Presidential visit, “… great for business … like our own islandwide recovery package.”

Timeshare is a Logical and Luxurious Solution to the Vacation Dilemma

If you, like the Obama’s, and the majority of other Americans, do not own a vacation home, don’t let that stop you from enjoying a fabulous summer retreat. Buy timeshare resales or enjoy a timeshare rental and experience all the benefits of vacation ownership without any of the year-round maintenance hassles and responsibilities.

Timeshares and timeshare resales make sense in any economic climate, but they have never been a better solution than they are right now. Despite the challenges of the economy, vacationing is still critical. As President Obama himself points out, “The most important thing you need to do is to have big chunks of time during the day when all you’re doing is thinking …” If not, he said, “… you start making mistakes or you lose the big picture.”

Welk Resorts timeshares are expanding with young families and active vacationers in mind. The addition of 80 timeshare units at the Mountain Villas timeshare at the Escondido (San Diego) Welk Resort, plus a new 25,000 sq. ft. recreation center, and a $5 million pool complex have made this California timeshare resort more appealing than ever—especially for vacationers seeking luxurious accommodations and plenty of entertainment activities.

The North County Times describes the expansion as a move, “further upscale and farther uphill”. The new Welk Resorts Mountain Villas timeshare addition brings the total number of timeshare units at this popular California timeshare resort to approximately 560. According to General Manager, Sean Coogan, the new units offer better views of the valley and mountains and are more luxurious.

The new recreation center, designed by Patricia Kane of Chicago’s Studio PK Interiors, Inc., is part sales center, and part owner’s lounge, theater, and kids club. The new activity center and 6,500 square foot (surface area) zero-entry swimming pool, makes the fifth activity center on the timeshare resort property, a feature Welk Resort timeshare hopes will help attract young families and high-energy vacationers, in addition to the many older timeshare owners who already know and love the Welk Resort brand.

The timeshare resort already featured two 18-hole golf courses, a live theater with Broadway-style productions, and convenient proximity to LEGOLAND™; downtown San Diego; SeaWorld™; the famous San Diego Zoo; and the San Diego Wild Animal Park.

Expansion and Renovations are Positive Message to Welk Resorts Timeshare Owners

Welk Resorts timeshares are expanding their Branson timeshare and are building a new California timeshare at Cabo San Lucas, Baja California. The company points out that their growth and expansion send a positive message about the timeshare industry and Welk Resorts timeshares, despite the currently troubled economy.

The Jamaican government is not wasting any time pushing forward their efforts to expand in the Caribbean timeshare market. On July 1, the Jamaican Minister of Tourism, Edmund Bartlett, announced at the weekly Post Cabinet press briefing in Kingston that the initiative (to move timeshare forward quickly) is part of the Jamaican government’s continued efforts to increase foreign exchange earnings. He went on to add, according to the Jamaican Information Service, that vacation ownership legislation will speak directly to fractional ownership of property in resort areas.

Minister Bartlett explains, “It’s (timeshare) a very powerful programme that has brought thousands of visitors into countries and has brought huge investments.” He pointed out that the Jamaican government is working to address (in advance) the types of issues that can arise when existing real estate laws are applied to timeshares and fractionals.

Caribbean Timeshare is Important to Local Economies

Jamaica, like other countries in the Caribbean, relies heavily on tourism dollars, and it makes sense that strengthening and refining Jamaican timeshare regulations will go a long way to attracting more timeshare developers, more timeshare buyers and renters, and more timeshare tourists dollars spent in all aspects of the country’s vacation industry.

Jamaican timeshare ‘Mon’!

Here’s a short look at Negril Bay, Jamaica from the Travel Channel:

Just in time for the July 4 holiday, Walt Disney World’s Magic Kingdom unveils its newest addition to the Hall of Presidents attraction. “Ladies and Gentlemen, I give you the President of the United States, Barack Obama!”

The Hall of Presidents attraction in the Magic Kingdom theme park officially unveils the animatronics version of President Obama today. The popular attraction has been closed during a period of updating in which a number of changes have been made. The President Obama replica is the first of the presidential animated figures to use sophisticated new technology that makes his movements even more lifelike than those of the figures of other Presidents in the attraction.

Also new is a segment in which select US Presidents speak as though they are addressing the nation following historic events. President Lyndon B. Johnson speaks after the assassination of President Kennedy; President Bill Clinton speaks following the bombing at the Oklahoma City Federal Building, and President George W. Bush addresses the citizens of New York after the 9-11 attacks.

According to Ryan McClung, reporting on www.lifthill.com, a blog about theme parks and thrill rides, the messaging of the attraction has also changed to emphasize the fact that your greatest dreams can be realized, even if it is the dream to become the President of the United States.

Before you get a sneak peak at the newest addition to the Disney Hall of Presidents (video below), you may want to learn more about how you can realize your vacation dreams by becoming a Disney Vacation club timeshare owner.

Disney Vacation Club Timeshare Resales

• Disney’s Vero Beach Resort Timeshare Resales
• Disney’s Saratoga Springs Resort and Spa Timeshare Resales
• Disney’s Old Key West Resort Timeshare Resales
• Disney’s Boardwalk Villas Timeshare Resales
• Disney’s Beach Club Villas Timeshare Resales

Animatronics Barak Obama Moves into Disney’s Hall of Presidents.

For all the stories coming out now about the life (and death) of music icon Michael Jackson, one of the more intriguing comes from timeshare developer, David Siegel.

Siegel is the founder and CEO of Westgate timeshare and Westgate Vacation Villas, based in Orlando, Florida. Over the years, the theme parks made Orlando a favorite vacation destination for pop king, Michael Jackson, but with his fame and notoriety, he couldn’t exactly enjoy a quiet stay in an Orlando hotel or Orlando timeshare. So he rented private property.

And no residential location in the Orlando area is any more private that the exclusive mansions behind the guarded gates of Isleworth, located in a corner of the Orlando area, in the tiny town of Windermere. In addition to being home to Jacqueline and David Siegel, Isleworth‘s famous residents include Ken Griffey Jr., Shaquille O’Neal, Tiger Woods, and a host of other ultra-wealthy celebrities and business moguls who own homes there. But it was one of the two Isleworth homes of Westgate timeshare’s Siegel that appealed to Jackson most among the cloistered mansions, possibly because it is located on a four-acre private island—and privacy is what Jackson stressed mattered most.

So from time to time, Michael Jackson and his entourage would contact Siegel and request to rent the Siegel family’s little 26,000 square-foot home with its 60-foot heated pool bordered in real gold and its 1700 feet of shoreline along the pristine freshwater of the Butler Chain of Lakes. With every Orlando visit, there was always the caveat that Siegel was to tell no one about Jackson’s presence, and for the weekly rental rate of $15,000, Siegel had plenty of motivation to honor the pop star’s request.

Which is why David Siegel found it so amazing, that after all the pledges of secrecy, soon after arriving at the Florida retreat, Jackson would be spotted on the roof of the home. As Siegel explained to FOX News Orlando, “He said he’ll take it under the condition that nobody knows he’s here. I didn’t tell anybody. He moves in. Within a day, he’s up on top of the house waving at boaters!”

How long do you think it takes, in Orlando, Florida, already known as Hollywood East because of the movie production and music recording industry based there, for paparazzi to identify the King of Pop standing on the widow’s walk of a two-story mansion, waiving one gloved hand to the recreational boaters just off shore?

And if you are thinking about enjoying the sunny weather, theme parks, and sparking lakes of Orlando and Central Florida yourself, but you are not planning on renting a private mansion, here are links to beautiful Westgate timeshares you can enjoy for a lot less money … but wherever you go, stay off the roof.

• Westgate Vacation Villas Timeshares
• Westgate Towers Timeshare

Ready to Buy, Rent or Sell Timeshare? We Now Have More Timeshare Sales Offices to Serve You.

It’s official. Sell My Timeshare NOW has opened a new timeshare resales and timeshare rental advertising office in the home of timesharing—Orlando, Florida. Located at 400 South Park Center, 8415 South Park Circle, Suite 110, our new timeshare sales offices are not far from the busiest tourist attractions of Central Florida.

New Timeshare Sales Offices Mean New Jobs

With the hiring and training of six employees in the office now, our growth plans should take our Orlando timeshare sales office up to about 100 employees. Most of the new hires at our Orlando timeshare sales office will be drawn from the local pool of timeshare professionals available in the area. We also transferred one Sell My Timeshare NOW administrative employee from our corporate offices in Dover, NH.

The Orlando office will be managed by our new Senior Director of Sales, Aramis Cherrington. Aramis is a 15-year timeshare industry veteran and is the former Call Center Sales and Operations Director for Westgate Resorts. Before that, he was the Marketing Director for Sunterra’s Western Region call centers. One of his areas of special expertise is in implementing call centers for timeshare developers and achieving quick, sustainable results. We can’t think of better qualifications for heading up the Orlando timeshare resales and timeshare rental advertising offices of Sell My Timeshare NOW.

Follow this link to read the Sell My Timeshare NOW’s official press release.

As we head into a patriotic weekend, with the July 4 holiday ahead, it is a great time to focus on timeshare resort growth in the Washington DC area.

The National Harbor project is a 300-acre development destination along the Potomac River in Prince George’s County, Maryland. Wyndham’s Capital Cove timeshare resort is a very special part of this project.

Although still several months from completion, timeshare units at the Wyndham timeshare Capital Cove resort are 40 percent sold out; this is exciting and positive news in today’s economy. However, it is also exciting to be able to tell you that Sell My Timeshare NOW has brand new Wyndham Capital Cove timeshares available as timeshare resales. This happens most typically when a timeshare buyer purchases a pre-sell timeshare from the developer and then, before the resort is even open, finds that he or she needs or wants to sell that timeshare on the resale market.

Essentially, National Harbor is a city, featuring the best of all a harbor-side community has to offer. Filled with entertainment, shopping, dining, marinas, vacation lodging, and even residential accommodations, National Harbor is an ideal home base from which to enjoy your Washington DC vacation.

The Wyndham timeshare resort at National Harbor offers a unique opportunity in urban timeshare, with a distinctive resort feel. The Capital Cove timeshares feature a 10-story plus building and 250 condominium-style, timeshare units, including 42 deluxe, two, three, and four-bedroom Presidential timeshare units. Capital Cove will be the second Wyndham timeshare in the Washington DC area, additional to the Old Town Alexandria Wyndham timeshare, where timeshare resales are also available.