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CRTA INSIDER
Vacation Ownership News & Updates
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| Canadian Resort & Travel Association |
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| MVP—A Takacs Company—Receives Praise as Projects Wrap Up | Source: The MVP Service | Joseph Takacs Jr., an industry leader in timeshare support for HOA Boards, announced that MVP’s repurpose of Indian Wells CondoShare has been completed. The 750 owners of the 39 units each received net checks for $3,788.62. To date, MVP (formerly TheMVPService and Towb) has surpassed $20 million in payouts to owners and are well on the way to $50 million when their current projects wrap up. |
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| Federal Judge’s Findings Shed Light on Wesley Financial’s True Business Practices | Source: ARDA | For more than a decade, Wesley Financial (Wesley) has marketed itself as a third-party timeshare exit company that can assist customers in “legally” cancelling a timeshare. Wesley spends approximately $400,000 per week advertising its purported services to consumers, guaranteeing success. |
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VACATION OWNERSHIP & TRAVEL INDUSTRY NEWS | VACATION OWNERSHIP
& TRAVEL INDUSTRY NEWS
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| ACTA says CEBA extension ‘not enough’ | Source: Travel Industry Today | ACTA president Wendy Paradis says that despite providing more time – one year – to repay the Canada Emergency Business Account, the government is actually taking away the key element of the program – the interest-free partial loan forgiveness offered (worth up to $60,000) – if businesses repay the full amount by the deadline.” |
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| Europe's New Travel Authorization System Reportedly Being Postponed to 2025 | Source: Travel Pulse | The European Travel Information and Authorization System (ETIAS) has reportedly been postponed again.
It will now be operational in 2025 instead of next year. This is at least the third time that ETIAS has been postponed and a European Union official said there could still be more postponements. |
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| India warns travellers to Canada of 'politically-condoned' violence as diplomatic row worsens | Source: CBC | The foreign ministry in New Delhi issued the updated travel advisory Wednesday, just days after Prime Minister Justin Trudeau told Parliament that Canada's national security apparatus has reason to believe that "agents of the Indian government" carried out the killing of a Canadian citizen at a Sikh temple in British Columbia in June. |
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RANDOM BITS & NEWS BITES | RANDOM BITS & NEWS BITES |
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| Skiplagging can offer you a better deal on airfare — if you're willing to risk it | Source: CBC News | Hidden-city ticketing — the practice of booking a cheaper multi-leg flight and getting off at a layover airport — has been around for decades, but gained attention in recent years amid services promoting it and the rising cost of living. |
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| Canada’s Best New Restaurants | Source: Enroute Air Canada | Every year, Air Canada sends a top food critic out on a top secret mission: to travel the country in search of Canada’s Best New Restaurants. These 30 hot spots represent the most noteworthy openings in our nation’s dining scene |
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| Do I Need Travel Insurance When Travelling Within Canada? | Source: Forbes | The Travel Industry Council of Ontario (TICO) recommends that Canadians should always protect themselves by purchasing medical insurance even when travelling within Canada. That’s because not all medical expenses are covered by your provincial or territorial government health insurance plan once you leave your home province or territory. |
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| Canadian Resort & Travel Association PO Box 51031 RPO Eglinton Square Toronto, ON M1L 4T2 Canada | +1 (647) 613-5464 | [email protected] | canadianrta.org |
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