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As you know, CRDA delivers CRDA Insider direct to your inbox each Thursday, briefing you on the latest industry news that impacts your practice. But we know you are busy and may have missed an important article or two. To that end, here's your monthly recap of the top five stories your peers accessed this month. For more articles, or to see what's trending now, visit the CRDA Insider news portal. To unsubscribe from this monthly recap, click here.


Why Starwood's van Paasschen resigned
Hotel News Now
Frits van Paasschen could have done better. That's the message from the board of directors of Starwood Hotels & Resorts Worldwide, regarding the resignation of the company's president and CEO.
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Dolce, Wyndham deal makes 'perfect sense'
Hotel News Now
The $57 million acquisition of Dolce Hotels and Resorts by Wyndham Hotel Group is a marriage of familiar bedfellows, according to the former's president and CEO, Steve Rudnitsky. The man himself personifies the connection. Before joining Dolce in November 2008, Rudnitsky served in the top post at Wyndham for six years.
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Starwood Hotels will spin off timeshare business into new public company
Skift
Starwood Hotels is spinning off its 22 timeshare resorts into a separate and publicly traded company. That business, Starwood Vacation Ownership, had revenue of about $640 million last year.
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Why Canada's snowbirds are under U.S. scrutiny
Timmins Press
Canadians who normally head south of their border for warmer weather are keeping closer track of their time in the United States because if they stay too long, they could lose their Canadian health benefits and might owe U.S. income tax. Just last year, the two countries implemented an agreement to scan passports and share the information, meaning that — unlike past years — America's tax authorities now know exactly how long snowbirds are spending in warmer climes like Florida, California and Arizona.
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2 more timeshare resale telemarketers plead guilty in Illinois
Inside The Gate
Nathan Christian, 31, of Boynton Beach, FL, pled guilty to one count of conspiracy to commit mail and wire fraud in connection with telemarketing. The investigation determined that Christian was a manager at C&G Marketing Associates, LLC, a Florida corporation that in 2009 defrauded consumers across the continent using the fictitious name, Premier Timeshare Solutions (PTS).
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Frank Humada, Director of Publishing, 289.695.5422
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