RCI’s 3 reasons why timeshare is so popular

RCI’s 3 reasons why timeshare is so popular

Timeshare points exchange company RCI states three reasons why timeshare is so popular. 1. You are able to own a condominium style accommodation 2. Timeshares are located in quality resorts in popular areas 3. Timeshares offer spacious floor plans with home like amenities including kitchens, laundry facilities, living room space and multiple bedrooms. There are more than 7 million timeshare owners worldwide. Renting a nice room or a suite in a top hotel may be rather expensive and buying an entire vacation home can be excessive. Owning a timeshare means you are able to…continue reading →
Marriott to acquire Starwood

Marriott to acquire Starwood

Last week Marriott announced their purchase of Starwood at a cost of $12.2 billion. The deal is expected to close in mid 2016. If this transaction closes, Marriot will become the world's largest hotel company owning 27% of all hotels on the globe. Marriott would be the only hotel company to have more than 1 million rooms, ahead of Hilton. The Marriott group would own a total of 14,572 units - 11,641 hotel units and 2,931 timeshare units. On a side note, when Blackstone acquired Hilton they had a 26 billion dollar deal. This…continue reading →