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With 2013 coming to a close, CRDA would like to wish its members, partners and other industry professionals a very safe and happy holiday season.
As we reflect on the past year, we would like to provide CRDA Insider subscribers with a look at the most-read news stories. That means, over the next two weeks, we'll count down the Top 20 articles for the year!
Your regular news publication will resume on Thursday January 9, 2014.
20. Change in regulations to protect consumers from high-pressure selling
Aug. 8, 2013: Consumers could in future be given 90 days to cancel a contract and receive a full refund if they have been pressured or bullied into buying a product or service, under laws to give protection against misleading and aggressive sales practices.
19. Mulling investing in a vacation home? Here are Canada's top 5 markets
The Globe and Mail
July 31, 2013: Whether it's long weekends at the cottage, weeks spent on the coast exploring Atlantic Canada, or months travelling across the vast mainlands, holiday-makers have numerous options to choose from. So, too, do investors looking for vacation properties in some of Canada's most sought-after markets.
18. Time to sell? What to do when you want to sell your timeshare
Nov. 14, 2013: Many timeshare products can provide fantastic value for money when matched with the right holiday-makers. However, for owners whose holiday needs have changed or have reached an age where they no longer travel abroad, receiving their annual management invoice at this time of year can be an unwelcome drain on household expenses. With a lack of viable exit routes this can see owners with a product they no longer need or want. So, what to do?
17. New multi-million dollar resort development for St Kitts
Feb. 21, 2013: Koi Resort and Residences in St Kitts is the new multi-million dollar resort announced by KRL Hospitality under the government approved citizenship-by-investment programme. Koi Resorts is already established in the United States, Thailand and Abu Dhabi. The project, which is in partnership with the internationally renowned Koi Brand, will be located on 16 acres of beachfront property in Half Moon Bay, and will be adjacent to the Royal St Kitts Golf Club.
16. Tips on how to sell your timeshare
The Southern Illinoisan
July 25, 2013: Buying a timeshare is very, very easy (sometimes too easy), but selling one can be quite challenging. Don't despair, though. It can be sold, and these tips will help smooth the way. Be realistic about your price. Brace yourself, with rare exception you won't be able to get anywhere near what you paid for your timeshare. How can you discover its worth?
15. Donald Trump announces $360 million hotel-condo tower in Vancouver
Buzz Buzz News
June 27, 2013: Holborn Group confirmed that Vancouver will indeed welcome the city's first Trump tower, and that it will stay true to the twisting Arthur Erickson design, originally proposed for the abandoned Ritz-Carlton project on the same site.
14. Vacation club or timeshare ownership?
Oct. 3, 2013: Timeshare ownership has been an incredible way to vacation since the 1970s but timeshare ownership is also quickly becoming a "thing of the past" while vacation club membership is quietly gaining popularity with travelers all over the world.
13. Relax, resorts are recovering
May 16, 2013: Conventional wisdom says that high-end resort hotels should be particularly vulnerable to economic recessions because of the discretionary nature of the expenditure. A review of upper-tier resort performance during the recent Great Recession found that these properties did suffer more than the average U.S. hotel in 2008 and 2009.
12. Fantasy World
April 25, 2013: In the over-the-top, fantasy world of Dubai, competition for the wealthiest of wealthy buyers is intense. As a result, developers in the Gulf's biggest financial hub are falling over themselves to build condos with every imaginable bell and whistle, not to mention a few unimaginable ones as well. The immodestly named Palazzo Versace is one of Dubai's latest developments.
11. Canada one of world's top 10 tourist destinations
April 18, 2013: Canada continues to be one of the top 10 tourist destinations in the world, the latest survey by the World Economic Forum suggests. The WEF's Travel and Tourism Competitiveness Index, which assesses 140 countries across 14 different categories and evaluates their appeal to travellers, said Canada scored eighth in this year's rankings, up one spot from the last survey two years ago.
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