Aldea Bonsai Ibiza Resort Review

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Aldea Bonsai Ibiza ResortI have previously been very impressed with RCI accommodations. My partner has gold crown status, so imagine my dismay when we rolled up at Aldea Bonsai Ibiza to find less than great accomodations.

We were shown an apartmnt which had a balcony too small to accommodate patio furniture, dark (no sun) and overlooking a building site of clay rubble and stones!!! We finally got an apartment with an overgrown terrace, I trimmed bush the foilage was never removed.

Our facilities were as follows:Read the rest of this entry »

Timeshare Presentations – Worth The Time?

Yet another story from a reader that was misinformed during a timeshare presentation and is now stuck with a devalued timeshare they are unable to use. When will this nonsense end?!

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Value of TimesharesWe were misled during our presentation to purchase timeshare. He sold us both points and weeks making it sound like a more attractive deal. We have only been able to take one full week using RCI because of confusion of process and customer service giving false information. We have lost money by maintenance and... Read the rest of this entry »

Wall Street Journal Feature on Timeshare Troubles

The Wall Street Journal recently (April 2012) aired a video about the difficulty of selling timeshares.

According to the WSJ, an estimated 50% of owners are behind on their payments.

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A few notes from the video:

[ad#readmore]The average cost for maintenance fees is around $730 per year, which has been steadily increasing year to year. Travel is a luxury, and one that most people are not able to allocate a lot of time and... Read the rest of this entry »