Recent news from the Wall Street Journal reported that the hoteliers with substantial timeshare resort interests fare much better in the stock market that those who don't. So it may or may not be a surprise that Starwood, one of the biggest timeshare developers, announced plans to open 54 Sheraton hotels:
"Hotel developers are advancing plans to develop more rooms, as evidenced by last week’s announcement by Starwood Hotels & Resorts Worldwide Inc. that it aims to open 54 Sheraton hotels with 20,000 new rooms by 2009. Almost 70 Sheraton properties are expected to open by the end of 2010--with 30 including spas--in North America, Europe, the Middle East and Asia." (source)
What are Starwood's plans for timeshare development over the next year or two? Profitability gets a huge boost from those who have timeshare in their portfolio. Timeshare units tend to have a much higher occupancy rate, upsales potential, and long term income streams. Starwood owners will be looking to see news about more developments!
Check out these timeshare resales deals for Starwood properties:
The Sheraton Vistana Orlando: one of the top timeshare resales of all time.
The Westin Mission Hills at Rancho Mirage features two championship golf courses, waterfall-fed swimming pools, tennis, putting green, three restaurants, full-service spa and more. Awesome location in southern California.
Sheraton's Mountain Vista in Avon, Colorado is near some of the most spectacular ski slopes in North America.
If you want to sell timeshare, buy timeshare, rent timeshare, www.rpmls.com is the place to be!