Friday, April 15, 2005

"Buyer Beware" on Destination Clubs

So said a Cornell U Hotel School prof in a big NY Times story today. "There's a huge issue of consumer protection," said Jan deRoos, who teaches a course on timeshares. "The industry is not regulated. It can be a house of cards. You need a minimum number of members to hit that sweet spot.... A quarter of these firms may not survive.'"

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