Word: vacationers
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As the threat of travel restrictions spreads, it's those kinds of inconveniences - not health concerns - that put some people off their vacation plans. Yvonne Worth, 50, a freelance editor in London, says she's debating whether to travel to New York and Massachusetts to visit old friends because she...
When 67-year-old Gary Furbee and his wife Rose decided to go shopping for a time-share vacation home in Hawaii, they couldn't believe the bargains. The couple had rented a two-bedroom ocean-view penthouse unit at Marriott's Ko Olina Beach Club on Oahu in 2007...
The Furbees have company. Sales in the once recession-proof vacation-time-share sector have plummeted, and inventory has surged to new highs over the past six months. "It is a buying opportunity," says Mark Lunt, principal of real estate and hospitality transaction advisory services at Ernst & Young. "People are...
It's a recipe for swift price correction. "What's surprising is how rapid the decline has been," says Scott Berman, U.S. leader of hospitality and leisure consulting at PricewaterhouseCoopers. Even time-shares at top lodging companies are taking hits: Starwood Hotels & Resorts Worldwide reported a 48% decline in revenues...
“History is dead!” shrieks Polly X, Hecuba’s murdered daughter in Professor Christine Evans’ most recent play “Trojan Barbie.” It is a jarring exclamation, but one that is dead on. What is most disquieting...