Archive for the ‘Vacation Club’ Category

Get Extra Time At Walt Disney World With Extra Magic Hours



Walt Disney World vacations don’t come cheap so you will want to spend as much time in the theme parks as you possibly can. If you are staying at a Disney World hotel then on selected days of the week you will be able to enter one of the parks one hour earlier than the general public, or stay up to three hours later than the official park opening hours. This perk is known as Extra Magic Hours and is only available to Disney Resort guests.

To find out the Extra Magic Hours schedule for your Disney vacation simply call Walt Disney World Information on 407-824-4321. Not all attractions are open to guests during the extended hours but you can visit http://disneyworld.disney.go.com/faq/extended-theme-park-hours/ to see which rides and shows are available.

Taking advantage of Extra Magic Hours gives you more time to enjoy the parks when they are less crowded. However, the downside of early entry days is that they attract more Resort guests so that park can actually be busier than on a non-early entry day. To get the most out of the early opening you really need to be at the park entrance 15-20 minutes beforehand; an hour really isn’t that long and if you show up any later you won’t maximise your ‘free’ time in the park. Make the most of the time and visit as many of the headliner attractions as you can before the general public are even allowed through the gate! If you have Park Hopper privileges on your admission ticket you might want to consider hopping to a quieter park when the crowds begin to build. Early opening hours are especially useful if you are travelling during low-season when park hours tend to be shorter overall.

The nighttime version of Extra Magic Hours lasts for up to three hours and more attractions are open during this time than for the early entry option. Certain Quick Service and Table Service restaurants remain open as well. You will need to show your hotel room key (Key to the World) at the entrance to each attraction; this is to prevent off-site visitors being able to enjoy any attractions during this extended period.

Faldo Golf Institute – Nick Faldo Interview [VIDEO]





Nick Faldo Interview

(By Andy Brown of Four Magic Moves To Winning Golf)

This week I caught up with 6 time major winner Nick Faldo at the Faldo Golf Institute By Marriott in Orlando, Florida. Undoubtively Marriott’s Grande Vista Resort is one of Marriott Vacation Club’s most luxurious resorts, offering one, two and three bed villas.

Whilst on the range Nick tried out different shafts on a couple of new sets of TaylorMade Tour Preferred and Burner clubs. It was amazing to see TaylorMade’s Flight Control Technology (FCT) that allows the player to easily adjust a metalwood’s loft, lie and face angle.

Furthermore we chatted about his new course in The Dominican Republic at the Roco Ki Resort. I recommed you take a look at the spectacular aerial photographs of this stunning course by clicking here.

Later on this month Nick travels to the course he designed at Mission Hills Golf Club in China for the Asian Grand Final of the Faldo Series.

Nick spoke about working for CBS Sports and The Golf Channel. It was fun to hear the 3 time winner speak about the buzz he gets from working at The Masters, the premier event in CBS Sports’ Calendar.

Nick also confirmed that this Summer he will play at the Open Championship at Turnberry.

It was a real pleasure to spend time with Nick and now I’m not the only one saying “it’s nice to be nice!”

Please tap here to watch the video of my Nick Faldo interview.

Play well.

 

Time Share Resale – Some Important Tips



The concept of Time Share evolved in Europe, sometime around 1960. A property developer found a method of increasing revenue from one of his ski resorts by offering partial ownership of the resort to his guests or patrons. The hotel ownership covered a week every year. The guests and patrons were satisfied and soon other hotels and resorts followed the same method.

Types of contracts

The week in question is a contract of real property, also called a Time Share interval. The contract indicates this in years.

The owners choice determines what type of contract is used.

i) The deeded contract

This type of contract cuts the resort’s use into a week. A part of the ownership comes form the weekly increment. Patrons use these recognizable real properties. If a patron wants a deed contract, there are some choices:

a. The period of use of the Share

The owner can use the Time Share for a vacation. Every year, one week of vacation in a chosen resort is possible.

b. Time Share period rental

The deeded contract owners can opt for a resale of the Time Share.

c. A Time Share gift

The deeded contract owners can give the Share as a present.

d. Time Share internal exchange

The owner can exchange the Time Share with other resort groups. The purchasers usually think of rental or resale because the vacation resort becomes redundant.

This method of exchanging the Time Share within a resort group affects the Time Share rental and resale status.

e. Time Shares external exchange

There are five thousand Time Share resorts worldwide. The industry operates globally, making the shares available to any client.

This has made the industry more fluid. The flexibility and annual sale increased to 9 billion dollars.

2. The Right to use contracts

Right to use contracts are another type of contract. The Time Share buyer is granted rights to the resort but with some limitations. There are some stipulations in the contract.

This also has a date of termination when all the rights are returned to the developer.

Members of vacation clubs usually utilize this type of contract.

The difference between right to contract and deeded contract is that the owners of the former have only limited authority over the property. There is no option for rental or resale.

The Time Share purchaser can use the resort for a stipulated time. Rights are granted to the purchaser, with certain limitations, and it is up to the purchaser to use it accordingly.

Therefore, there is no possibility for a resale of the Time Share as the purchaser does not have complete authority over the property.

Additionally, usually countries that have restrictions on the ownership of a foreign property usually observe this type of contract. For instance, in Mexico, the Time Share resorts are developed but offered through the right to use contract. Here, resale of the Time Share cannot be done and therefore the purchaser cannot do what he or she wants with the property.

Vacation Club’s use of the right to use contract.

Vacation clubs are usually organizations that might invest on many Time Shares. They own many Time Share deeds at different resorts worldwide.

These clubs can sell their share units to club members through right to use contracts or deeded ones. This is called Time Share resale as the club is reselling the already bought Time Share resort.

The Disney Vacation Club is one such example. Here the club members buy a Time Share sale and reserve a vacation time at resorts owned by the vacation club.