Timeshare Board Members Association Addresses Budget Planning at Recent Webinar

During this time of crisis, the COVID-19 pandemic has forced corporations to work on tight budgeting. Timeshares are no different. As of now, what the ultimate COVID-19 impact on rentals and maintenance fees will be is unpredictable. While nobody has a crystal ball to foresee what the future will bring, Timeshare HOAs need to evaluate […]


Doing the reserves right

A timeshare resort’s reserve fund consists of money set aside over a period of years for refurbishment, repair, or replacement of major building components and systems at pre-determined intervals (or sooner, if a disaster or catastrophic failure intervenes). Gary Porter, chief executive officer of reserve-study preparation firm Facilities Advisors International, LLC (FAI), explained that a […]