Are Hotels and Timeshare Companies Looking to Offset Losses with Real Estate Investments?

Are Hotels and Timeshare Companies Looking to Offset Losses with Real Estate Investments?

Starwood Capital CEO Barry Sternlicht offers some interesting insights about the commercial real estate market as an investment during the down economy. You can watch the interview in this clip from the Fox Business Channel.

And before you view the clip, here’s a little perspective on how Starwood Capital fits into the bigger picture with Starwood hotels and Starwood timeshares. Historically, Starwood Capital is known as an aggressive and successful acquirers of individual hotels, hotel companies, and timeshare resorts worldwide. From their website: “Starwood Capital is well known for its 1995 acquisition and subsequent recapitalization, reorganization and expansion of Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT “Starwood Hotels”), a Fortune 500 company, with ownership of brands such as Westin, Sheraton, W Hotels, The St. Regis, Le Meridien, The Luxury Collection and Four Points by Sheraton. Mr. Sternlicht, as Chairman and CEO of Starwood Hotels between 1995 and May of 2005, led the transformation of Starwood Hotels from an overleveraged, liquidating REIT into a thriving global enterprise of more than 115,000 employees, with a total enterprise value in excess of $18 billion, including more than 800 hotels system-wide in 80 countries.”

Hawaii Timeshare in Maui, California Timeshare Near the Beach, and Desert Beauty in a Las Vegas Timeshare Resort

Hawaii Timeshare in Maui, California Timeshare Near the Beach, and Desert Beauty in a Las Vegas Timeshare Resort

As the countdown on the Sell My Timeshare NOW HOT 100 list continues, we look at three HOT timeshares, each distinctively different from the other. HOT 100 List timeshare number 20 is the Westin Ka’anapali Ocean Resort Villas North. Hot List timeshare number 19 is the Grand Pacific Palisades in Carlsbad, California. And Hot List timeshare number 16 is the Wyndham Grand Desert in Las Vegas. Three ways to vacation; three timeshare resorts to enjoy.

A Lush Hawaiian Isle Westin Timeshare Resort

Westin Ka'anapali Ocean Resort Villas North

Designed with luxury in mind, the Westin Ka’anapali Ocean Resort Villas North is one of two Westin resorts on Ka’anapali Beach. Enjoying a primo location on North Ka’anapali, (a beach that has been recognized as one of America’s Best Beaches) timeshare owners and timeshare renters at this Hawaii timeshare resort can choose verdant island views or stunning ocean vistas from their private balcony or patio. At the Westin Ka’anapali Ocean Resort, studio and one or two-bedroom timeshare villas offer an equipped kitchen, a whirlpool tub, and a relaxing living and dining area.

Located in Lahaina, on the island of Maui, if you watched the season finale of the CBS reality show, The Amazing Race, (this past Sunday night,) you saw enough beautiful views of Maui to make you long for a Hawaii timeshare.

California Timeshare Close to the Beach

Grand Pacific Palisades California timeshare resales and timeshare rentals.

Grand Pacific Palisades California timeshare offers you a totally different perspective of the Pacific Ocean than the one you’ll get in Lahaina, Maui, but equally as spectacular. North of San Diego (about 40 miles), and south of Anaheim (approximately 60 miles), Carlsbad has Southern California desert appeal in a location so perfect for family fun it is even located across the street from LEGOLAND®!

During the spring, you can enjoy Carlsbad’s famous Flower Fields® where more than 50-acres of vibrant flowers bloom on a hillside overlooking the ocean. Year-round, Grand Pacific Palisades timeshare tempts you with an ideal location for enjoying golf, the beach, or any of the nearby attractions.

Timeshare units at this beautiful California timeshare resort include one and two bedroom units as well as two bedroom lockouts.

This Las Vegas Timeshare is No Gamble, It’s Always a Winner

The Wyndham Grand Desert in Las Vegas is located only a quarter mile from the glittering Las Vegas Strip, but features a Mediterranean-style ambience. Timeshare owners at the Wyndham Grand Desert enjoy the resort, not only for its style and amenities, but because it makes it easy to balance your vacation between the casinos and nightlife of the Las Vegas Strip with a relaxing resort that offers plenty of entertainment for the whole family.

Wyndham Grand Desert timeshare resales and timeshare rentals.

Considered a flagship property of Wyndham Resorts, Wyndham Grand Desert timeshare units are available in one, two, and three-bedroom units, as well as timeshare lockouts.

Like so many other great Las Vegas timeshare properties, the Wyndham Grand Desert makes it easy to explore both the natural wonders of the Nevada landscape and then take in the shows, dining, and unmatched glitz of Las Vegas after dark.

To learn more about opportunities in timeshare resales and timeshare rentals at these great HOT 100 destinations and many more exciting vacation spots, talk to the timeshare resales specialists at Sell My Timeshare NOW.

The Westin Kierland Villas Timeshare

The Westin Kierland Villas Timeshare

Sell My Timeshare NOW’s HOT 100 list timeshare property number 44 is the Westin Kierland Villas timeshare resort in Scottsdale, Arizona. Located within the 730-acre master-planned community of Kierland, on ten beautiful acres, this Westin timeshare is an ideal destination for a quiet retreat or a romantic getaway.

Serene and low-key, the décor of this relaxing resort reflects the colors of the desert. Timeshare villas at this popular Westin resort include one-bedroom timeshare villas, one-bedroom premium timeshare villas, and two-bedroom lockoff units.

Westin Kierland Villas timeshare resales and timeshare rentals

One-bedroom villas sleep four vacationers comfortably with 543 square feet of living space and 106 square feet of balcony. A larger, 871-square foot one-bedroom premium timeshare villa is actually the lockoff side of a two-bedroom lockoff unit. Two-bedroom lockoff units will sleep up to eight adults. Each side of a two-bedroom villa includes its own fully equipped kitchen and living area as well as its own bedroom and bath.

All of the Westin Kierland timeshare villas include the famous Westin Heavenly Bed ®, granite counter tops, solid maple cabinets, a 32-inch color television, a flat-screen television, CD player, Bose AM/FM radio, DVD player, fully equipped kitchen, dining area and access to a washer and dryer.

The timeshare villas at the Westin Kierland are adjacent to the Westin Kierland Hotel and Spa, making it easy for you to take advantage of all the spa treatments and services for which the resort is so well known. This is also an excellent vacation destination for golfers, bikers, horseback riding, relaxing by the pool, or enjoying local attractions including the Desert Botanical Garden, the Arizona Science Center, the Heard Museum, The Phoenix Zoo, the Pioneer Living History Museum, Frank Lloyd Wright’s Taliesin West, and the Scottsdale Museum of Contemporary Art.

Own a Westin Timeshare Resale

Currently Sell My Timeshare NOW offers more than 50 timeshare units for sale at Westin Kierland Villas. These are all timeshare resales, meaning that you can buy them directly from the owner for substantially less than they sold for originally.

To learn more about this HOT 100 list timeshare, visit the website for Sell My Timeshare NOW, then buy timeshare resales at Kierland Villas and enjoy the pleasure and convenience of vacation ownership at a truly affordable price.

Starwood Timeshares Reports Third Quarter Drop

Starwood Timeshares Reports Third Quarter Drop

Starwood Hotels and Timeshare Resorts reported a 12 percent drop in profits for the third quarter, 2008. With this announcement, they joined the ranks of other hoteliers and timeshare developers, including Marriott, Hilton, and Westgate timeshare, who have all acknowledged that they are sharply feeling the credit crunch and the economic downturn.

Starwood (the parent company of Westin timeshare resorts and Sheraton timeshare resorts) reported revenue was flat at $1.5 billion, with international operations shoring up those in North America. Earnings for Starwood were $113 million or 62 cents a share, which is down from $129 million or 61 cents a share, in the third quarter 2007. Figuring all adjustments, and earnings from continuing operations, earnings should have been 71 cents per share.

According to Hotels Magazine, Starwood Chief Executive Frits van Paasschen stated that the company had begun streamlining and reducing costs earlier in the year. Yet, Starwood’s efforts don’t seem to be sufficient to quell concerns. Steve Kent of Goldman Sachs commented on Starwood specifically and the timeshare and hotel industry in general, saying, “… the industry will be hit with increasing supply at the same time demand is falling and [its] negative operating leverage and inability to cut costs quickly suggests margins are going to be under pressure for some time.”

Starwood Says Decline in Hawaii Timeshare and Florida Timeshare Sales is Major Contributor

Pacific Business News reported that Starwood specifically blames a decline in Hawaii timeshares sales and Florida timeshares sales for its revenue shortfall. Compared to 2007, revenue in timeshare sales is down 27.4 percent. Contract sales of vacation ownership intervals decreased almost 30 percent at Starwood timeshares, due both to overall decline and to Starwood’s sellout of Westin Kaanapali Ocean Resort North on Maui.

Starwood timeshare says it expects operating income from its timeshare business to drop as much as $115 million this year as demand for Hawaii timeshares and Orlando timeshares decreases.