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Marriott’s Monarch became the first MORI resort. [8] In 1995, MORI became Marriott Vacation Club International. The move reflected the company’s evolution from real estate development and sales focus to "delivering an overall vacation experience". [9] In 1997, the company expanded to Europe with its first resort in Marbella, Spain.
Multi Resort Ownership Plan Salt Lake City, Utah: United States, Mexico 40 [20] Landex Resorts International, Inc Lehigh Acres, Florida: United States 1 [21] Global Exchange Vacation Club Mission Viejo, California: United States 10 28,000 Magic Holidays: Mumbai, India: India, USA, New Zealand, Thailand, Singapore 37
Diamond Resorts acquired Intrawest Resort Club Group in November 2015, adding nine resorts and 22,000 members. After the acquisition, Diamond Resorts re-branded the Intrawest Resort Club Group as Embarc Resorts. [8] On June 29, 2016, Apollo Global Management made a successful offer to purchase Diamond Resorts International. [9]
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Originally, Marriott Vacation Club properties were sold as weeks. A "fixed week" granted the owner the right to use their villa during a specific week each year (such as week 52, which includes New Year's Eve), or the right to use their villa during a specific "season" (defined on a per-resort basis), which granted the owner the right to reserve their villa for any available week within that ...
The timeshare provider must comply with all obligations written in the timeshare contract, as well as the internal rules of the timeshare resort. The charges that are intended to be made to the consumer must be plainly and clearly defined on the timeshare application forms, including the membership cost, and all extra fees (maintenance fees ...
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