Has Global Resorts Been Hurt By The Economy? (Global ...
- 15 years ago
http://www.MORVacationsAmerica.com //==// You hear about businesses closing because of the economy all the time and you want to know if (Global Resorts Network) is one of those businesses. You want to know the reason why sales have slowed at "Global Resorts Network" and what are they doing about it. What about money? Does budget matter to travel buyers in 2009? I would say absolutely! That spells trouble for Global Resorts Network. They charge $2995 for a lifetime membership that offers access to just about 5000 resorts. Consumers who shop around can get a better deal with a U S Based and owned membership company. Those shoppers can get access to more resorts for $1000 less. For those who live in North America, it gets even better, because they get access to more resorts they can drive to starting at just $149 for the entire week. Gold Crown Resort operates an office in the United States and while they did not offer the best product for the U S Market, they did have a desire to grow their market share in the United States. Global Resorts Network moved forward and forged a deal with Gold Crown Resort. While Gold Crown Resorts was not a brand name, many who own timeshares think they know the company. Thats because the RCI designation for top resorts are referred to as Gold Crown Resorts. It gives the company Gold Crown Resort a name people think they have heard of even though there is no corporate relationship between the RCI Gold Crown Resorts and the company Gold Crown Resort. Gold Crown Resort has protected the retail markets they are strongest in. They have excluded Global Resorts Network members from advertising Global Resorts Network opportunities in those countries. For example, while someone living in Australia can purchase a Gold Crown Resort membership through Global Resorts Network, they are barred from advertising it in Australia. Global Resorts Network affiliates in Australia may not advertise in Australia or even hold meetings, conference calls or promote the Global Resorts ...