Wyndham Destinations is planning a multi-million dollar expansion of WorldMark Orlando Kingstown Reef. The resort is scheduled to open its doors in 2020, bringing the total number of Wyndham vacation club resort suites to more than 2,200 in Orlando alone.
The resort is part of Orlando based Wyndham Destinations, one of the largest vacation ownership exchange companies, with more than 220 vacation club resorts around the world. The expansion plans to add a total of 87 new timeshare units for owners of WorldMark by Wyndham and Wyndham Vacation Club. This will double the size of the resort which originally opened in 2000. The renovation includes adding an additional two buildings, and the WorldMark suites will be fully renovated, including new furniture and appliances. Wyndham say the new suites will feature modern designs, with one, two and three bedroom suites which can accommodate up to eight guests.
President and Chief Executive Officer, Michael Brown said: “Orlando is the most frequented destination among all or fantastic vacation club properties, so adding additional suites at Kingstown Reek for our owners to enjoy will make this resort a favourite in Central Florida. With 7.2 million visitors last year, Orlando was America’s most visited destination and we’re proud to call Orlando home.”
The WorldMark Orlando Kingstown Reef resort is part of the WorldMark by Wyndham brand, WorldMark boasts more than 90 resorts in a variety of locations across the United States, Canada, Mexico and Asia. Wyndham will also be converting a portion of the existing check-in building to a sales centre for potential timeshare owners to visit. The company is already one of the biggest employers in Orlando with around 3,500 employees, they plan to hire more staff to operate and sell timeshare from this newly updated resort.
With around 9.2 million households in the United States already owning a timeshare, you can understand why adding new resorts in popular locations makes good business sense for Wyndham.
People who enter into Timeshare agreements often find it difficult to keep up with the mounting maintenance fees and simply cannot afford it any longer. They may also find that the Timeshare no longer suits their needs and simply want to end the contract. There are too many individuals who are willing to take advantage of Timeshare owners and offer fake products, along with Timeshare exit schemes. Before agreeing to any Timeshare termination or exit procedure with an individual or company, seek independent advice and fully research any company you are thinking of working with.
It is also important to remember that purchasing a Timeshare should NEVER be viewed as a financial investment. Timeshare is an investment in lifestyle, in future holidays and family time together. There is almost no resale value to a Timeshare.
The mis-selling of holiday products is, unfortunately, common practice within the holiday industry and these type of crimes often go unreported by the most vulnerable in our society and criminal convictions are few and far between.
If you have purchased a Lifestyle / Concierge Service, a Timeshare or a ‘Holiday Points’ based product from a resort or company and feel unhappy with the service, or feel you have been mis-sold this product, please get in touch with us to discuss how we may be able to help you with a possible Money Back Claim.