According to an article that was reprinted in HOTEL magazine and originally appeared in The New York Sun, occupancy rates in New York City are up. Isn’t it good to hear positive news about the US economy for a change?

We already knew that New York timeshares have been, like the timeshare industry in general, either holding their own or gaining, despite the sluggish economy. Many hoteliers have been leaning on the timeshare side of their businesses to keep them solid during these challenging and unpredictable times. But according to figures released last week by the official marketing and tourism organization for New York City, (known as NYC & Company,) the average cost of a hotel room in New York in May climbed by $50 over the same month in 2007.

Hotel room nights sold in New York City in May increased from 2 million last year, to 2.05 million for 2008, and the occupancy rate for the same period increased by 1 percent. Additionally, New York City’s food and beverage services and its retail sector have added 6,000 new jobs and 3,000 new jobs respectively over the past year, despite the fact that unemployment in general has increased throughout the city, as it has in the nation.

New York Hotels and New York Timeshares

Foreign travelers from many countries are still benefiting from favorable exchange rates, although the travel and tourism industries are reporting a slowdown in foreign visitors to the US, perhaps indicating that interest in US travel on discount currency has peaked. Nevertheless, there are, as always, still good values in New York timeshare resales and New York timeshare rentals that can be enjoyed no matter which legal tender you use.

Manhattan offers travelers and vacationers wonderful options in urban timeshares. Timeshare resales and timeshare rentals at the Manhattan Club and the Hilton Club are ideal options whether you are in town to see shows or to conduct business. Currently SellMyTimeshareNOW.com offers more than 250 Manhattan Club timeshare resales and approximately 20 timeshare resales or rentals at the Hilton Club.

Check out the New Rock and Roll Hall of Fame during your New York Timeshare Vacation

And here’s one fun place to visit during your New York timeshare vacation - next year the city plans to open a new Rock and Roll Hall of Fame, as an annex to the Cleveland-based Rock and Roll Hall of Fame and Museum. New York’s Mayor, Michael Bloomberg says it is only appropriate that the city that gave us rock legends including Blondie and Paul Simon should house an annex to the original Rock and Roll Hall of Fame. Singer-songwriter and New York-native Billy Joel, who was also at the news conference announcing the planned museum, said, “New York gave me my words and my music, and rock and roll gave me a place for that music to live.”

Rock on, New York. The new museum is expected to boost tourism and create new jobs within the city.

Number 77 on the SellMyTimeshareNOW.com HOT 100 List is the Hilton Grand Vacations Club Timeshare International Drive in Orlando. Las Vegas has the famous Strip with casinos, clubs, and plenty of grown-up entertainment; but Orlando has International Drive, which is the home of SeaWorld, Discovery Cove, Wet ‘n Wild, Aquatica SeaWorld’s Waterpark, and hundreds of shops, cinemas, restaurants, entertainment complexes, and endless hours of family fun. Perfectly situated to take advantage of all the excitement is the favorite Florida timeshare destination, Hilton Grand Vacations Club International Drive.

Located on 34 acres on the southern end of I-Drive, this Hilton timeshare has a Mediterranean themed décor, with an entry through a grand porte-cochere leading to a piazza, reminiscent of a Tuscan village. On property amenities include landscaped gardens, a lakefront walking path, fitness center, sports courts, fountains, swimming pools, an interactive children’s pool, and whirlpool spas. In addition to the pool bar and deli, two owners lounge areas and clubhouse, there is an onsite grocery store.

Florida Timeshare in a Family Favorite Destination

You probably already know that there are more Florida timeshares than there are timeshares in any other state, and many, many of these are Orlando timeshares. As a prospective Orlando timeshare buyer or timeshare renter, your choice becomes one of selecting the best value from the many luxurious resorts available in the Orlando-Kissimmee vacation destination area.

At the Hilton Grand Vacations Club Timeshare International Drive, you can choose 1, 2, or 3- bedroom timeshare condos, with screened balconies, whirlpool jet tub in the master bath, a fully equipped kitchen, cable TV/DVD player, in-room movies, dining area, living area, and washer and dryer. Studio units are also available to accommodate up to 2 people.

Two-bedroom units, up to 6 people and 3-bedroom timeshare units accommodate up to 8 people.

The Logic of Owning Orlando Timeshare

With its vast array of attractions and entertainment, an Orlando timeshare makes sense for so many vacationers. You can visit the theme parks, head to the beach or take in lakeside water sports, or play the nearly 100 area golf courses. Orlando entertainment areas work to stay updated and fresh; the goal is hosting return visitors, and vacationers of all ages and interests. While many people love and enjoy the Disney theme parks year after year, don’t forget that there is much more to Orlando than Mickey Mouse. And Orlando timeshare ownership with exchange privileges means you have vacation ownership at a destination that is always in demand.

To find out more about owning or renting an Orlando timeshare, visit SellMyTimeshareNOW.com

Earlier this month, Hilton Hotels announced their global commitment to a green initiative. By 2014, the company plans to:

• Reduce their worldwide energy consumption from direct operations by 20 percent.
• Reduce their worldwide CO2 emissions by 20 percent.
• Reduce their worldwide output of waste by 20 percent, and
• Reduce their worldwide water consumption by 10 percent.

The Hilton company includes the Conrad Hotels & Resorts, Doubletree, Embassy Suites Hotels, Hampton Inn and Suites, Hilton Garden Inn, Hilton Grand Vacations (Hilton Timeshares), Homewood Suites by Hilton, and The Waldorf Astoria Collection.

Hilton is one of many timeshare and resort companies to publically step up and commit to doing their part to protect the environment.

What Are Other Environmentally Responsible Resorts and Timeshares Doing?

On our blog, The Timeshare Authority, we have already updated you about actions Marriott timeshare is taking to recycle more, decrease their carbon footprint, and use materials that are more eco-friendly.

• A Timeshare Sales Company Taking an Important Environmental Stand
• Marriott Timeshare Is Turning Green

Sell My Timeshare NOW recently attended the 2008 ARDA New England Regional Meeting in Portsmouth, NH, where Ray Sirois was the keynote speaker. Sirois, IT Director for Wright-Pierce, a civil engineering firm in Topsham, Maine, is one of approximately 2000 people worldwide trained to give the presentation about climate change that Al Gore gave in his documentary, “An Inconvenient Truth.” At the meeting, timeshare industry leaders discussed other green initiatives that many timeshare resorts have already started to implement.

Rauni Kew, director of marketing at the Inn by the Sea in Cape Elizabeth, Maine, explained the types of environmentally conscious programs they have put in place at their timeshare resort. Their efforts include:

• Changes in policies affecting water use, such as ’sheet and towel programs’ which some hotels and timeshare resorts have done on a limited basis for several years.
• Environmentally conscious use of chemicals on golf courses, other landscape areas, and for cleaning and laundry use.
• New policies regarding solid waste disposal.
• Changing plants/gardens at timeshare resorts to more drought tolerant and disease and insect resistant plants, thereby reducing the amount of water needed for irrigation and the volume of chemicals used to keep the plants vibrant and healthy.
• Using recycled sheetrock and studs in renovation and redevelopment at a timeshare resort.
• Installing aerators on faucets to conserve water.
• Providing soap bags for guests to take their soap home with them and reduce waste.
• Implementing guest programs such as tree planting classes and scarecrow-making contests which are family-friendly, keep children active and are educational, highlighting recycling through reuse of existing materials.

The timeshare industry is like every other industry in today’s world. We all have to step up and acknowledge that everyone - this means you, me, and the companies we work for - have to learn to reuse, recycle, and replenish. We have to lead by example and we have be individually accountable. And really, it is sad that it has taken gas rising to $4 plus a gallon to wake up so many people/companies/ and industries to their responsibility.

Here’s what Australia’s SuperLiving Magazine had to say about timesharing in general, and specifically our company, Sell My Timeshare NOW, in their Monday, June 9 online issue. Overall, it is a very good article and we are sincerely appreciative of their coverage.

When You Buy Timeshare from the Developer

The article correctly points out that buying timeshare resort property and then not using it is as impractical as buying a car and leaving it in the garage. The author, Lynelle Johnson, also notes that the Australia timeshare industry is booming, particularly on the Sunshine and Gold Coasts, as well as booming worldwide.

Lynnelle explains the process of buying new timeshare (timeshare sold by the developer) like this: “Sales of timeshare are often done at ‘free’ resort weekends (beware, as extras are often priced to recoup the costs) where high pressure salesmen ply their trade. The result of these expensive sales techniques is high prices for buying into new timeshares.”

The article then goes on to warn that the cost of your new timeshare is not just the average $15,000 -$16,000 you may pay, but there are fees that typically run around $600 per timeshare unit, per year.

But here is where we get to the good part because at this point, the article starts talking about timeshare resales and about Sell My Timeshare NOW.

The Virtues of Buying Timeshare Resales

The SuperLiving Magazine article then asks the question we ask all the time on this timeshare blog, and at Sell My Timeshare NOW, “Why by new when you can buy used?”

Here’s how they describe our services and the timeshare resale marketplace:

So thank you to our friends down under at SuperLiving Magazine. No wonder they are interested in timeshare; Australia timeshare truly is a fast growing market, with many new places yet to build timeshare resorts and lots of vacationers to enjoy them.

Number 99 on Sell My Timeshare NOW’s HOT 100 List is the Hilton Club New York, a timeshare resale property we have written about many times before. It’s elegant, it’s energetic, and yet it’s affordable New York City accommodations with style.

Located at 1335 Avenue of the Americas, New York City, the Hilton Club New York timeshare is in midtown Manhattan, conveniently within walking distance to cultural and entertainment hot spots like Rockefeller Center, The Museum of Modern Art, shopping on Fifth Avenue, Radio City Music Hall, Broadway, Times Square, Central Park, as well as major corporate locations.

The Hilton Club Timeshare Resales

This property is urban timeshare in every sense of the word. True, you won’t find any golf courses or ocean views at this timeshare resort. But that’s not what you come to Manhattan to enjoy. The Hilton Club timeshare is where you close that big business deal. It’s where you stay to Christmas shop at Bergdorf Goodman, Saks Fifth Avenue, and Bloomingdales. Or you immerse yourself in culture with an afternoon at the Museum of Modern Art, and an evening enjoying classics on Broadway like “A Chorus Line,” or new hits like “Cry-Baby“. The Hilton Club New York is, simply put, where you go to be upscale and uptown.

Hilton Timeshare Amenities

With wall-to-wall windows, these timeshare suites offer dramatic skyline views. The property includes the largest grand ballroom in New York City (as well as 3 other ballrooms); large meeting and exhibition space (150,000 square feet of meeting area); restaurants and bars; an 8,000 square foot fitness club; and all of it recently revitalized by an $148 million renovation and redesign.

Hilton New York timeshare owners can expect generous suites, on-property laundry service, and the service of a luxury hotel, at the price of a timeshare resales. Sell My Timeshare NOW is your very best resource to learn more about Hilton New York timeshare resales and Hilton Club New York timeshare rentals.

Your purchase of a Hilton New York timeshare resale is points-based, right to use ownership at a location that is priceless. Except you will pay the competitive discounted rate of a timeshare resale.

…And for an Interesting Twist to Your Hilton Club New York Timeshare Vacation

For a totally different perspective on your very elegant timeshare vacation in the Big Apple, you might want to swap your Manolo Blahniks for running shoes and try a guided running tour of the city. City Running Tours, Inc, is a unique company that helps you see a city up close and from a native’s perspective, while you tick off the miles on your daily jog. City Running Tours offer escorted pre-mapped runs through many of your favorite cities, with an expert runner who is also a fitness trainer and a knowledgeable city guide. As an interesting addition to your Hilton New York timeshare vacation, discover the city, named by Runner’s World as one of the top three best running cities in the US.

To whet your appetite for Broadway fun, enjoy this YouTube from Cry-Baby:

Yesterday our timeshare blog announced the release of the Sell My Timeshare NOW HOT 100 list, revealing the top 100 properties to receive offers to buy timeshare or rent timeshare in 2007. For properties on the HOT 100 list, there were over 48,000 offers to buy or rent placed last year alone.

While we noted that Hawaii timeshares claimed 4 of the top 10 spots on the HOT 100 list, I didn’t go into detail about how strongly Hawaii dominates the top of the list.

Hawaii timeshares start with the HOT 100’s number one property, WorldMark by Wyndham, multi-destination resorts because four of WorldMark by Wyndham’s 60+ timeshare resorts are in Hawaii. There is the: WorldMark by Wyndham Kapaa Shore timeshare resort; the WorldMark by Wyndham Valley Isle in Lahaina timeshare resort; the WorldMark by Wyndham Kihei timeshare resort; and the WorldMark by Wyndham Kona in Kailua-Kona timeshare resort.

As I mentioned in our timeshare blog yesterday, Hawaii timeshares also claimed second place on the list with the Westin Ka’anapali Ocean Resort Villas; fifth place with Diamond Resorts Ka’anapali Beach Club; sixth with Marriott’s Maui Ocean Club timeshares; and tenth with the Ko Olina Beach Club timeshares.

But Hawaii timeshares accounts for over 27 percent all timeshare resorts among the top 33 properties on the list. The Westin Ka’anapali Ocean Resort Villas North timeshares, ranked 21; the Sands of Kahana Vacation Club timeshares, was number 24; Hilton Grand Vacations Club at Hilton Hawaiian Village was number 29; and Marriott’s OceanWatch Villas timeshares ranked number 33.

Why Hawaii Timeshare?

America’s fiftieth state may be small, but in terms of what you get for your vacation dollar, it packs a punch. A Hawaii timeshare vacation means you can enjoy your choice of tropical forests, mountains, beautiful beaches, a cosmopolitan (Hawaii-style) nightlife, or a chance to explore a fascinating culture.

The diverse islands of Hawaii cater to honeymooners, surfers, retirees, family vacations, and everyone seeking the peaceful, laidback style of the islands.

While many of the first timeshares in the US were built in Hawaii, it has never lost its place as a top demand timeshare vacation destination. But let’s face it, Hawaii is one of the more expensive places to live or to visit on holiday because it is a small cluster of beautiful but relatively isolated islands, where most goods must be imported. When you add to that the fact that limited geographic area keeps land values for development very high, the cost of that fabulous Hawaii vacation can be pricey.

While you can’t cut costs by driving there instead of flying or going by cruise ship, you can take advantage of Hawaii timeshare resales to help you control two other vacation costs - meals and accommodations. The kitchen and dining areas found in most timeshares will let you choose to eat in as much as you like and save your restaurant dining for those special luaus. And when you buy Hawaii timeshare resales, you lock the price of your Hawaii vacation lodging in for as long as you own your timeshare. When you do get ready to resell Hawaii timeshare, you can do so with confidence, using indicators like the Sell My Timeshare NOW HOT 100 list to affirm that there is a strong and consistent market for Hawaii timeshare resales.

Follow this link to read the Sell My Timeshare NOW HOT 100 press release about Hawaii timeshare.

The September 25, 2006 Timeshare Owners Blog told you about Hilton Breaks Ground on New York Timeshare Resort, reported on the groundbreaking of this exciting project. So it was very nice to read this week’s press release from Hilton timeshare, announcing that they are topping off their West 57^th Street Hilton Club project. “Topping off” doesn’t mean the project is complete and ready for your next timeshare vacation, but it does mean that the final bucket of concrete has been poured for the superstructure.

The Hilton timeshare company considers this project to be a significant milestone. According to Mark Wang, president of Hilton Grand Vacations, “Our vision to create a distinctive shared ownership project from the ground up in New York City is another step closer to becoming a magnificent reality. Built in the heart of one of Manhattan’s most prestigious neighborhoods - and upon the legacy of the Hilton commitment to excellence - West 57th Street by Hilton Club transcends traditional timeshare and continues to experience high demand. After years of planning, and working alongside world-class developers including Tishman Construction, we will soon be able to accommodate our owners and guests in unprecedented style.”

Hilton Timeshare Luxury

When complete, the Hilton Club timeshare resort will offer guests the first Spa Chakra in New York City, featuring massages, facials, body treatments, and signature Chakra Health therapies. The property includes 161 luxurious timeshare condos, from studio, to one-bedroom and penthouse suites, all with dramatic floor-to-ceiling windows, fine linens, upscale furnishings, flat screen televisions, entertainment systems and marble and granite detailing. On property will be valet laundry service, a 24-hour doorman, concierge, outdoor dining terrace, and the private Owners Lounge for food and beverage service.

As we have mentioned before, the location couldn’t be better. Timeshare owners or timeshare guests will be within walking distance of Central Park, the Lincoln Center, Carnegie Hall, the Museum of Modern Art, Radio City Music Hall and shopping on Fifth Avenue.

Currently the resort is on schedule to open in the second quarter of 2009.While Hilton timeshare originally listed these timeshare condos as starting at $40,000, up to $100,000, they now quote prices as starting at $58,000.

The Other New York Hilton Timeshare Option

Hilton timeshare already boasts a fabulous Manhattan timeshare resort, the Hilton Club New York. Currently Sell My Timeshare NOW has Hilton Club New York timeshare resales available, starting at around $14,000. The Hilton Club New York timeshare, located at West 53rd Street and Avenue of the Americas. (Sixth Avenue) is also convenient to the Midtown attractions you want to enjoy. As Hilton’s flagship New York property, it has undergone a multi-million dollar renovation, adding dining options in both the New York Marketplace and Etrusca Ristorante, and a new 8,000 square foot fitness center and spa.

To get started enjoying Hilton timeshare ownership in New York City, visit Sell My Timeshare NOW.

Research and Markets, a firm that bills itself as the world’s largest market research resource, has released a report saying that globally, the vacation ownership industry holds strong market potential. The 40-page report cites as evidence of this, the fact that, “the US economy is facing the challenges of a slump in the housing market and an increase in fuel prices…(but) the vacation ownership industry has not fallen to the economic woes and is fairly insulated from the economic performance.”

The report concludes that while consumers may be taking shorter vacations or staying closer to home, they have not stopped buying timeshare or renting timeshare for this purpose.

The State of Timeshare Sales Outside the US

According to the Research and Markets report, Europe is still trying to update governmental regulations to better serve and protect both the people who buy timeshare and the people who sell timeshare. Once this occurs, the report speculates that the timeshare industry in Europe will resume the growth levels it enjoyed during the 1970’s and 1980’s.

Other potentially strong international markets, according to the report’s findings, include Malaysia, Singapore, India, Indonesia, and China. The growing affluence of Asians, paired with new low-cost air travel options, are cited as reasons that have helped spur this expansion.

Research used in the report focuses on four timeshare companies: Wyndham timeshare, Marriott timeshare, Hilton timeshare, and Starwood timeshare. The full report is available at: http://www.researchandmarkets.com/reports/c84948#. But don’t expect the wisdom it carries to come cheaply. Purchased in its least expensive format, this timeshare market report costs EUR 910.00, or approximately 1,440 USD—and for that price you could just go ahead and buy timeshare as a resale by shopping the competitive prices available at Sell My Timeshare NOW.

Who could have imagined that the business affairs of Donald Trump would show up in the Timeshare Owners Blog as frequently as they have this past year? But Donald Trump’s reality reads better than fiction, and new chapters seem to be written almost weekly.

If you have somehow missed the continuing saga of Trump’s dream to build a hotel and timeshare resort on the Scottish coast, I direct you to these past postings on the Timeshare Owners Blog.

Trump’s Efforts to Build a Hotel and Timeshare Resort in Aberdeen, Scotland:

• Drama Continues Over Trump Hotel and Timeshare Resort
• Hey Donald Trump, Can You Get Me a Timeshare Deal?
• Aberdeen Golf and Timeshare Resort a Little Closer to Reality
• Can One Scotsman Stop Trump’s Resort and Timeshare?
• Donald Trump’s Controversial Golf and Timeshare Resort in Aberdeen, Scotland Part II.
• Donald Trump’s Controversial Golf and Timeshare Resort in Aberdeen, Scotland

…And now for the latest chapter in Trump Golf’s quest to build the finest golf resort and timeshare in Scotland.

Photo courtesy of The Daily Mail

Earlier this month the Scotland’s heraldic authority stated that Donald Trump had broken the law by not registering a coat of arms the Trump Organization has been using on stationery and other promotional materials for its proposed Aberdeen golf course, hotel, and timeshare resort. Citing a regulation that is more than 300 years old, the Scotland heraldic authority says Trump has been illegally using a coat of arms that features three lions and a fist holding an arrow as part of their marketing campaign for the golf resort.

The Court of the Lord Lyon, which has held authority over coats of arms in Scotland since 1642, has issued an order that the Trump company must immediately stop use of the image. Not only is the coat of arms unregistered, but according to a quote that appeared in United Press International, Romilly Squire of the Scottish Heraldic Society says that having Trump’s name in the crest breaks a key law of heraldry. Apparently, a motto should have been used rather than a name.

According to a slightly tongue-in-cheek blog post on The Nation, written by author and columnist, Nicholas Von Hoffman, Trump also uses a similar logo for Trump University. I wonder if the Trump U lion is a registered coat of arms or if the keepers of heraldic integrity will have to rap The Donald’s hands for that unauthorized use as well?

Great Choice for a Scotland Timeshare Vacation

And while the world waits for the resolution of the Trump hotel and timeshare resort issue, remember that there are always opportunities to enjoy a great Scotland timeshare vacation or golf timeshare vacation by taking advantage of Scotland Timeshare Resales and timeshare rentals through Sell My Timeshare NOW.

• Sunterra Resort Kenmore Club
• Moness Country Club
• Loch Rannoch Highland Club
• Hilton International Grand Vacations at Hilton Coylumbridge and Hilton Craigendarroch
• Great Glen Water Park Club
• Edinburgh Residence
• Cameron House

Lodging Econometrics (LE), a Portsmouth NH company that monitors trends in hotel real estate, has released hotel growth projections for 2008.

In their report titled, 2008 Outlook for the Lodging Industry, Lodging Econometrics says that the Construction Pipeline stood at 5,438 projects and 718,387 guestrooms at the end of the fourth quarter 2007, meaning that the hotel industry now offers more than 700,000 rooms for the first time ever.

According to Patrick Ford, president of Lodging Econometrics, “The development boom is led by projects in the upscale and mid-market sectors, which together make up 83% of the non-casino projects and 76% of the guestrooms in the Pipeline. These chain scales include the high profile brands from the top franchise companies – Marriott, Hilton, InterContinental, and Choice, as well as Best Western. These companies had an outstanding year selling their family of brands both to developers for new construction and to investor groups interested in reflagging their open and operating hotels.”

According to Lodging Econometrics research, there are 1208 new hotels projected to open in 2008 translating to 133,628 guestrooms and 1456 hotels projected to open in 2009, which will add an additional 166,236 guestrooms.

The hotel industry experts at Lodging Econometrics assess that this growth pattern indicates, “a clear reflection of optimistic developers who anticipate the lending markets will have stabilized and approached normalcy when they are ready to seek financing.”

While this forecast is almost entirely derived based on the numbers of hotels already under construction, the new report acknowledges that 2009 numbers could decline slightly if economic and lending conditions turn out to be worse than currently projected.

Hotel developers were hoping that the residential real estate mortgage and lending situation would have improved by the end of 2007, and that it would not interfere with lending for hotel development in the future. Because there has not been an improvement, according to Lodging Econometrics, the Federal Reserve started a series of auctions in December to infuse banks with capital at reduced rates. These emergency auctions are meant to encourage banks to be more proactive lenders.

Since that time, the rate cuts by the Feds have surprised (and pleased) most of us. The assessment by Lodging Econometrics is, “Lenders simply have to resume lending.” But even the Lodging Econometrics people acknowledge that the impact of the cuts by the Federal Reserve will take months to truly begin to turn the economy around.

Hotels and Timeshare Resorts May Feel the Belt Tighten

Many of the people who buy timeshare weeks have not been hurt by the mortgage crunch. They have owned their home long enough to have sufficient equity to help them weather the soft economy, and frequently, their homes were bought before the days of irresponsible mortgage lending practices. Yet, I don’t have to tell you that everything from gasoline to groceries has gone up dramatically in price.

So far, the hotel industry has not dealt with enough decline, nor has it gone for a long enough period of time, that serious damage has been done. And timeshare resorts have felt the belt tightening even less than hotels. But how long can either hotels or timeshare resorts hold up if a true recession unfolds?

According to the Lodging Econometrics report, “the Condo Hotel boom is over, while the number of new Timeshare announcements is certain to decline.” Here’s who their report predicts will fare the best in upcoming months. “Properties under 200 rooms, with the top brands and the most experienced developers - having conservative proformas that account for anticipated supply increases in the years ahead - will be the most attractive to finance during the current turmoil, either through local institutions or a declining number of national lenders.”

I can’t help but believe, that timeshare resales will feel the impact of the economy less than other sectors. Besides the fact that often timeshare owners and timeshare buyers are in better shape going into the economic crunch than are many other Americans, the most important factor is that a decline in the number of new timeshare resorts to be built should only serve to drive up the value of existing resorts.

I am not predicting that the value of timeshare resales you currently own will soar, or even necessarily increase, but it may very well be one of the few areas of the economy that does not take a nose dive. And in a declining economy, holding your own, can be a very good thing.