Barrier Island Station’s Top Priorities
By Carmen Di Giovanni Barrier Island Station is a legacy timeshare resort in the Town of Duck, on the northern Outer Banks of North Carolina. The resort consists of seven buildings on 24 acres of prime real estate extending from Currituck Sound to the Atlantic Ocean. The buildings are 35 to 40 years old, multi-level, […]
Board-member liability under Florida Senate Bill 4-D
By Alex Costopoulus In 2022, the Florida Legislature enacted a series of laws affecting many legacy timeshares. These laws make the buildings safer, but also make them more expensive to operate and maintain, and can result in personal liability for board members who fail to fully comply. The Surfside Condominium collapse in 2021 and the […]
Coping with food allergies
By George Leposky, editor TimeSharing Today Meet-and-greet bagel breakfast. Hot dog roast. Sunset wine-and-cheese party. These are just a few of the ways in which your timeshare resort may entertain owners and guests. Sometimes you invite them to attract an audience for a resort update and a low-key sales pitch; other times it’s just a […]
TBMA Webinar Series: Hurricane Impacts on Timeshare Resorts
A deep dive panel discussion of timeshare resort management, insurance, and title issues and solutions relative to hurricane disasters The recent “Hurricane Impacts on Timeshare Resorts Webinar” hosted by the Timeshare Board Members Association (TBMA), featured panelists Scott MacGregor, Executive VP/COO, Lemonjuice Capital and Solutions, Scott McGinness, Vice President, Property & Casualty, Gregory & Appel, […]
TBMA 2022 Providence Meeting: Insights from Lemonjuice Capital and Solutions
Scott MacGregor Making sound decisions “At the end of the day, it’s all about having a plan, and that’s really what we at Lemonjuice do. We work on creating a plan for each association that we work with because every one of them is unique and it really takes a customized solution based on its […]
TBMA 2022 Providence Meeting: Insights from Suite Vacations and The MVP Service – Revenue Generation
Chris Walker and Joe Takacs Suite Vacations Club “Suite Vacations is a travel and lifestyle non-equity travel-club membership,” explained Chris Walker, its chief operating officer. “It has nothing to do with the transfer of deeds or renting weeks. It provides discounted travel opportunities for a wide demographic of people – active seniors, travelers, families, couples, […]
TBMA 2022 Providence Meeting: Insights from ARDA-ROC – Responsible Exit
Kevin Riley and Elizabeth Baker A no-scam alternative In recent years the American Resort Development Association has become increasingly sensitive to the concerns of timeshare owners who want or need to relinquish their timeshares, offering “responsible exit” alternatives to the disruptive and predatory activities of most third-party exit companies. Several years ago ARDA and its […]
TBMA 2022 Providence Meeting: Insights from Facilities Advisors and Capital Vacations – Budget Shortfalls and Reserves
Gary Porter and Alex Chamblin Why we need reserve studies “You never have enough money in reserves,” declared Gary Porter, chief executive officer of Facilities Advisors International. The reserve study, he explained, is a budget based on an analysis of a resort’s physical facilities. To balance that budget, “you either raise more money or reduce […]
Timeshare Resort Insights Survey Results Part Five – Deferred Maintenance and More
Deferring maintenance creates a very high hurdle over time, as illustrated in the feedback from timeshare board members and resort managers responding to the recent TBMA 2022 Insights survey; comments on this topic, as well as Staffing and Safety and Repurposing are included in the collection of survey responses below: Hawaii: “We order far ahead […]
Timeshare Resort Insights Survey Results Part Four – Revenue Generation
TBMA 2022 Insights survey results show that resorts are implementing strategic rental, resale, and other programs to boost revenue, while others are planning or proactively searching for program options to bolster their budgets and offset budget shortfalls: California: “We are drowning in deedbacks and need to monetize that inventory. Board members should be careful about bulk […]