March 16, 2018
Becoming Friends with Technology
In the world of my dreams, technology in the legacy timeshare resort management world would be as seamless at connecting everything as a Facebook account. Have you noticed when you go to some websites and apps now you don't even have to go through the signup process? There's a "sign up with Facebook" button and with one click you don't have to fill out a form or do anything. You're instantly good to go. This is the magic of technology, but there's also a dark side to when it doesn't work so seamlessly.

The dark, hard-to-connect corners of technology is where the legacy timeshare industry lives because in a perfect world one magical platform would do everything we need, but we live in reality. The reality of technology for this industry is that its needs aren't simple enough for one piece of technology.



Across the Transom...
Here's a look at some of the news we've seen this week.

Join the festivities in Puerto Rico as  Wyndham® Extra Holidays , a subsidiary of  Wyndham Vacation Ownership , the world's largest vacation ownership company and member of the Wyndham Worldwide family of companies (NYSE: WYN), celebrates the reopening of  Margaritaville Vacation Club Wyndham Rio Mar  on the beautiful island of Puerto Rico.


Hilton Grand Vacations Inc.  (NYSE:HGV) announces that HNA HLT Holdco I LLC (the "Selling Stockholder"), an affiliate of HNA Tourism Group Co., Ltd., has priced an underwritten secondary offering of 22,250,000 shares of HGV's common stock at $46.25 per share. The offering is expected to close on March 19, 2018, subject to the satisfaction of all closing conditions.


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Timeshare development/vacation ownership specialty lender  Colebrook Financial Company 's  Bill Ryczek announced Colebrook Financial is now offering receivable financing for companies selling the Save On Resorts (SOR) travel club product.  "We've been following SOR's product for several years," Ryczek said. "Many of our timeshare developers sell it as an exit product. They've had excellent success and no issues with fulfillment."  



It's not too late to register and attend the 2018 C.A.R.E. Conference in Austin, Texas and Resort Trades has a special deal for our subscribers*!

As C.A.R.E.'s Media Sponsor Resort Trades would like to encourage our subscribers to attend the 2018 C.A.R.E. Conference next month in Austin and save $175.00 off their already low registration rates.

You'll easily Connect with inventory suppliers and buyers, Collaborate on value-added industry products and services and Communicate through valuable networking and educations sessions.

Email info@care-online.org today to receive your special registration promo code or for more information on C.A.R.E. or their 2018 conference, visit www.care-online.org or give them a call at 800-636-5646 today. (*First time C.A.R.E. attendees only)

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