Latest news with #CapitalVacations
Associated Press
07-07-2025
- Business
- Associated Press
A Smarter Way to Travel: Why More Families Are Turning to Vacation Ownership
New industry research shows steady growth in vacation ownership among younger families seeking value, consistency, and quality time 'Modern families want vacation destination options,'— Travis Bary, Co-President of Capital Vacations MYRTLE BEACH, SC, UNITED STATES, July 7, 2025 / / -- In a time when families are prioritizing meaningful travel, vacation ownership is seeing a resurgence, particularly among younger generations. According to the 2025 ARDA State of the Vacation Timeshare Industry report, vacation ownership in the U.S. has grown to over 10 million owner families, with millennials and Gen X now making up more than 53% of new purchasers. Capital Vacations, one of the fastest-growing resort management and vacation ownership companies in North America, is seeing that trend firsthand. 'Families are recognizing that vacation ownership offers more than just a place to stay—it provides a dependable framework to explore new places, reconnect, and make travel a consistent part of life,' said Travis Bary, Co-President of Capital Vacations. 'It's about owning time and making space for what matters most.' Economic Confidence Meets Travel Desire Amid rising hotel rates and unpredictable travel costs, many vacationers are opting for a model that offers long-term savings and locked-in value. ARDA's 2025 research indicates that owner satisfaction remains high, with the majority citing value benefit and accommodation quality as top reasons for purchase. Vacation ownership also aligns with the subscription mindset younger consumers embrace—offering both structure and flexibility through club models like the Capital Vacations Club, which provides access to dozens of destinations across the U.S. Designed for Today's Travelers 'Modern families want vacation destination options,' said Travis Bary, Co-President of Capital Vacations. 'Whether they're planning a beach escape in Florida, a mountain retreat in the Smokies, or a coastal adventure in the Carolinas, our ownership model makes that possible—year after year.' With flexible usage, access to multiple destinations, and digital tools that simplify planning, Capital Vacations is helping a new generation of owners redefine what smarter travel looks like. To explore these destinations and more, or to learn about Capital Vacations Club and its portfolio of culturally rich resort experiences, visit ### About Capital Vacations® Capital Vacations is reimagining the travel experience by connecting Independent Resorts with travelers through our technology platform and vacation products. We partner with over 200 Independent Resorts across the U.S. and Caribbean, deploying strategic value-add tools that allow Independent Resorts to increase revenues across multiple channels. In addition, we service over 1,000,000 travelers a year with a hyper-focus on the owner and guest experience and the creation of long-term relationships. Visit Travel. Gather. Smile. Repeat. Andy Kovan Capital Vacations +1 843-251-6415 email us here Visit us on social media: LinkedIn Instagram Facebook Legal Disclaimer: EIN Presswire provides this news content 'as is' without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
Associated Press
04-07-2025
- Business
- Associated Press
New Industry Data Proves Vacation Ownership to be a Powerful Inflation Hedge
Consumers Can Lock In Tomorrow's Vacations at Today's Prices 'It's not just a vacation—it's a travel decision that pays dividends in memories and value.' — Travis Bary, Co-President of Capital Vacations MYRTLE BEACH, SC, UNITED STATES, July 4, 2025 / / -- With travel costs continuing to rise year-over-year, more vacationers are turning to vacation ownership as a way to guarantee future getaways without breaking the bank. According to the 2025 ARDA State of the Vacation Timeshare Industry Report, the average cost of a hotel stay has increased by more than 21% in the past five years—making predictable travel options like vacation ownership more appealing than ever. Consumers who own vacation ownership interest(s) seen firsthand how this empowers their families to take control of their travel plans, lock in savings, and ensure high-quality vacations for years to come. 'With a one-time purchase and consistent annual fees, our owners can vacation at premium resorts without worrying about rate hikes, blackout dates, or fluctuating prices,' said Travis Bary, Co-President at Capital Vacations. 'It's not just a vacation—it's a travel decision that pays dividends in memories and value.' How Vacation Ownership hedges against inflation: • Price Protection: Owners prepay at today's rates, protecting themselves from rising accommodation costs. • Consistent Value: Predictable annual maintenance fees with increase caps ensure cost certainty for long-term travel planning. • Exchange Power: Access to networks like RCI and internal Capital programs lets owners trade weeks for experiences in new destinations—without added inflationary pressure. Today's traveler is looking for more than just a quick getaway—they want dependable, meaningful experiences that don't carry hidden fees or unpredictable costs. That's where vacation ownership stands apart. To explore these destinations and more, or to learn about Capital Vacations Club and its portfolio of culturally rich resort experiences, visit . ### About Capital Vacations® Capital Vacations is reimagining the travel experience by connecting Independent Resorts with travelers through our technology platform and vacation products. We partner with over 200 Independent Resorts across the U.S. and Caribbean, deploying strategic value-add tools that allow Independent Resorts to increase revenues across multiple channels. In addition, we service over 1,000,000 travelers a year with a hyper-focus on the owner and guest experience and the creation of long-term relationships. Visit Travel. Gather. Smile. Repeat. Andy Kovan Capital Vacations +1 843-251-6415 email us here Visit us on social media: LinkedIn Instagram Facebook Legal Disclaimer: EIN Presswire provides this news content 'as is' without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
Associated Press
06-06-2025
- Business
- Associated Press
Capital Vacations Reviews The Social Benefits of Vacation Ownership
Building Community Through Travel 'Our social events, engaging activities, and welcoming resort atmosphere help owners build memories that last a lifetime,'— Travis Bary, Co-President of Capital Vacations MYRTLE BEACH, SC, SC, UNITED STATES, June 6, 2025 / / -- Vacation ownership offers more than just a place to stay—it creates meaningful connections and a strong sense of community among owners. Travel brings people together, and vacation ownership provides a unique opportunity for families, friends, and fellow travelers to build lasting relationships. Whether returning to a favorite destination, joining owner events, or sharing stories by the pool, the social side of ownership transforms vacations into cherished memories. Engaging in social events and creating long-standing friendships during vacations goes beyond just entertainment — it significantly supports mental and emotional well-being. Group activities and shared experiences allow individuals to relax, recharge, and form deeper bonds, often creating a support network that extends beyond the resort stay. Capital Vacations, through its points-based ownership club, hosts a variety of social events designed to bring owners together and enrich the vacation experience. These include experiences like: • Vegas-Style Game Nights: High-energy evenings with food, an open bar, DJs, and table games like roulette, poker, and blackjack—complete with prizes for the winners. • Themed Parties and Dinners: Events such as Hawaiian luaus and live concerts encourage interaction and leave lasting impressions. • Live Entertainment: Performances by talented artists create shared moments and lasting memories. Through these activities, guests can meet new people, share meaningful experiences, and form friendships that keep them actively vacationing and exploring. This sense of connection enhances every visit and deepens the value of ownership. 'At Capital Vacations, we believe travel is about more than getting away—it's about creating lasting experiences and genuine connections. Our social events, engaging activities, and welcoming resort atmosphere help owners build memories that last a lifetime,' says Travis Bary, Co-President of Capital Vacations To learn more about Capital Vacations Club and its expanding portfolio of premier vacation destinations, visit # # # About Capital Vacations Capital Vacations is reimagining the travel experience by connecting Independent Resorts with travelers through our technology platform and vacation products. We partner with more than 200 Independent Resorts across the U.S. and Caribbean, deploying strategic value-add tools that allow Independent Resorts to increase revenues across multiple channels. In addition, we service over 1,000,000 travelers a year with a hyper-focus on the owner and guest experience and the creation of long-term relationships. Visit Travel. Gather. Smile. Repeat. Andy Kovan Capital Vacations +1 843-251-6415 email us here Visit us on social media: LinkedIn Instagram Facebook Legal Disclaimer: EIN Presswire provides this news content 'as is' without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
Yahoo
12-02-2025
- Business
- Yahoo
‘I've met my obligation': Woman wants answers after HOA added 10 years onto timeshare
A metro Atlanta woman says she thought after 29 years she was finally out of her timeshare contract, but then it was re-upped for another 10 years without her consent. 'I feel like I've met my obligation. I've paid this for 29 years,' Sherri Crownover over Roswell told Channel 2 consumer investigator Justin Gray. It was back in 1996 that Crownover first signed up for the timeshare at Golf Club Villas at Big Canoe. 'We love the mountains,' she said. But her children are now grown, and her husband is seriously ill. 'We enjoyed the timeshare for years. And I just was looking forward to being out of it,' Crownover said. Her contract was set to expire at the end of 2024, but there is a clause in it that says, 'unless extended as provided in the declaration.' In January, Crownover got a bill for the $100 maintenance fees for 2025. 'They said, well, according to our records, you're still actively a member of this place,' she said. MORE STORIES FROM 2 INVESTIGATES: IDs exposed by metro Atlanta governments cause identity theft concerns South Fulton mayor defends controversial spending during 'Mayor Mondays' event 'Dr. Jekyll and Mr. Hyde': Synthetic food dyes linked to behavioral issues 'It just keeps growing': New bill aims to tighten regulations on title pawn companies Even though Crownover never signed anything new or agreed to any extension, the timeshare's HOA voted last year just before her contract expired to extend timeshare agreements by 10 years. 'I would be dead and buried before they ever let me out of this thing,' Crownover said. 'Honestly, I can't say that I have seen a contract like this,' said Rich Folk from Timeshare Contract Resolution, a company that helps people get out of timeshares. 'For somebody to hold somebody's feet over the fire on a contract like this that was signed so many years ago if it's not illegal, it certainly should be.' A company called Capital Vacations manages the timeshare. But Capital Vacations said this was a decision of the HOA board, not them, telling us in a statement: 'The Association's Declaration allows for the Association to be extended for 10-year periods if a majority of the owners of the Association vote in the affirmative…This extension is a benefit to the owners and will allow them to enjoy all their ownership offers for at least another decade.' 'I'm not planning on paying it. I don't think I should have to,' Crownover said. A spokesman told Channel 2 Action News that Capital Vacations would be willing to act as a liaison between the board and the owner to 'see if there is a solution.'
Yahoo
05-02-2025
- Business
- Yahoo
Couple says salesmen tricked them into really bad deal on Florida timeshare
An elderly couple claims they were duped by a major timeshare company and ended up with a surprise bill for over $55,000. Joseph and Sandy Parks said they already had a timeshare that was paid off years ago, but claim two salesmen tricked them into signing a really bad deal. The Sea Club IV Resort, located right on the water in Daytona Beach Shores, was the perfect place for the Parks to enjoy their timeshare that was originally bought by Sandy's parents decades ago. 'We actually enjoyed it back when we had no money to take the kids on vacation, they would give us their week,' she said. [DOWNLOAD: Free WSB-TV News app for alerts as news breaks] Even now in their golden years, they still enjoyed it. So much so, they were intrigued when two men from Capital Vacations suggested a change. According to Sandy, the salesmen told them they could trade out their week for points - a move that would offer more options and flexibility to check out other Capital Vacations Resorts. 'They made it sound like this is great. You know, you're just switching your week to points,' she said. The Parks said they were bombarded with information, and despite a lengthy presentation, there was high pressure to sign the documents quickly. 'But never once did they say that there was going to be any cost involved,' she said. It wasn't until weeks later, a surprise bill arrived that made them take another look at their contract. It turns out it was to purchase additional timeshares for more than $55,000. 'And we about fell out of our seat. We could not believe it,' she said. Not only that, but they claim the sales agents entered false income information, making it appear as if they made more money than they do in order to get them qualified for credit cards to start paying on their new timeshares. Capital Vacations gets just over a one star rating on Yelp. Review after review issue warnings like: 'They will flat out lie to you;' 'Horrible. Liars. Do on trust capital will lie and tell you anything to get you to buy;' and 'Their salespeople are deceitful and their contract does not align with what was verbally promised.' Channel 2′s Justin Gray contacted Capital Vacations and asked about the consumer concerns in those types of posts and from the Parks. The company responded by email, 'At this time, we do not have a comment.' 'I don't know how they could live with themselves. I don't know how they could sleep at night doing this to people,' Sandy said. She wants others to know to make sure you read and understand everything you are signing, especially when it comes to dealing with a timeshare contract like theirs that was 27 pages long. TRENDING STORIES: US Postal Service says it has suspended inbound packages from China, Hong Kong Atlanta-based designer featured in Target campaign feels 'gaslit' after DEI changes Former DA breaks down as she testifies in illegal interference trial over handling of Arbery case [SIGN UP: WSB-TV Daily Headlines Newsletter]
