EU aims at holiday property rip-offs (Financial Times) Holiday property rip-offs estimated to cost consumers more than £4bn a year are being targeted by a European Commission crackdown on Timeshare scams. Victims are most often lured in to tempting offers of a place in the sun while they are on holiday.
Riviera approves Singer Island timeshare resort (The Palm Beach Post) A $100,000 for job training and a pledge to give minorities 30 percent of the construction work: That's what it took to get the city council to approve Marriott's plan to raze the Crowne Plaza Hotel on Singer Island and turn it into a Timeshare resort.
Agents' selling tricks (Financial Times) A typical timeshare scam is when an invitation to join a holiday club offers discounts that are often no bigger than those available on the internet. Hefty upfront fees are charged.
