We're Shrinking and We're Aging - What's a Resort to Do?
The 30 year-old resort has owners who are 30 years older than when they made their first vacation plans. People change and so does their financial condition, their ability to travel and their connection with their timeshare. Resorts must be proactive in dealing with these owners who prefer to just get out of the way. Hear how one resort consolidated non-performing weeks to create wholly owned unit for sale. The session will also cover collections basics from working with an agency through to foreclosures. - Available eDocs:
- RM02.The 30year old resort has owners who are 30 years older than when they made their first vacation plans.Shrinking.Aging
- Start Time:
- 4/3/2012 09:00 AM
- End Time:
- 4/3/2012 10:15 AM
- Location:
- The Venetian Resort
- Room:
- Titian 2303/2304
Moderator Sonja M. Yurkiw, Esq. Vice President, Blackwell Recovery
Speakers Jeff Andrews, CHA/RRP Director of Timeshare Operations, East West Resorts
Dale F. Goodman, CHA, RRP Goodmanagement
Gregory B. Sheperd, RRP President, Meridian Financial Services, Inc.
LearningObjectives
 | Collections best practices. |
 | Discuss exposures of aged resorts. |
 | Discuss operational efforts that will keep owners in the boat. |
 | Steps to take to consolidate weeks. |
 | The options to deal with the non-performing unit week. |
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 - The Venetian Resort
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