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Westgate Resorts: Orlando, Florida: United States 28 [11] 13,500 [11] Shell Vacation Club Orlando, Florida: United States, Canada, Mexico 25 [12] 86,000 [12]
They won the lawsuit and Westgate Resorts were ordered to pay $600,000. Despite paying $50,000 initially, Westgate stopped payment and the matter went back to the courts for another three years. The matter was finally settled under Judge Michael Baxley, and Westgate agreed to pay $500,000, $100,000 less than the original judgement required. [8] [9]
The term "timeshare" was coined in the United Kingdom in the early 1960s, expanding on a vacation system that became popular after World War II. [1] Vacation home sharing, also known as holiday home sharing, involved four European families that would purchase a vacation cottage jointly, each having exclusive use of the property for one of the four seasons.
RCI (formerly Group RCI and, before that, Resort Condominiums International) is a timeshare exchange company with over 4,300 affiliated resorts in 100 countries.. Founded in Indiana in 1974 by Jon and Christel DeHaan, RCI is one of the two main timeshare exchange businesses, along with Interval International (II).
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The warehouse chain BJ’s Wholesale Club is hiking the price of its annual membership fee for the first time since 2018. ... The new rates will go into effect on January 1, 2025.