On 9th March 2016 the TCA posted a piece by Harriet Cooke of The Sun newspaper, her article from February 2016 was about Sell My Timeshare, a resale website. In the article it stated that 2,250 timeshares had been sold or cancelled by them in 2015.
This to me seems very odd, as many people I have spoken to in the past have informed me that they had contacted this company when trying to rid themselves of their timeshares. What then has happened is a meeting has been set up with Glenmore Consultants at one of their offices; Bournemouth, York or Stratford upon Avon.
At this meeting the client is then pitched to purchase Monster Credits in order to be rid of their timeshare. These credits can then be used for future holidays, with no time limit, some have even been told they are able to sell the unused credits for a small profit.
So in order to be rid of the timeshare the client pays Monster Travel a hefty sum of money in return for credits. This is not a timeshare resale. It reminds me of the ILG DWVC and Club Class meetings.
Monster Travel is a registered business, it is part of Hollywood Marketing SLU based in Tenerife. Although according to their web site, from the 3rd March 2016 they have been renamed Monster Group (Travel) SLU.
Tenerife Advice Centre
CC Fanabe Plaza 338, Avenida Bruselas, 38660, Adeje, Tenerife
Bournemouth Advice Centre
5th Floor Waverley House, Holdenhurst Road, Bournemouth BH8 8DY
York Advice Centre
Apollo House, Eboracum Way Off, Heworth Green, York, YO31 7RE
Suite 5, Arden Court, Arden Street, Stratford upon Avon, CV37 6NT
Tenerife – 0034 922 099 171
Bournemouth – 01202 935 012
York – 01904 211 108
Stradford-Upon-Avon – 01789 548 044
Name & Registered Office:
Hollywood Marketing SLU
Capecan Business Centre, Golf del Sur, Tenerife
Spanish Company No: B76539022
ATOL Holder Details
Company Name: Hollywood Marketing SLU
ATOL Number: 10829
Trading Names: Cheap Holidays Tenerife Monster Travel Tenerife Bargains
MonsterGroup (Travel) SL Costa Adeje
TYPE: Head Office
ABTA NUMBER: P6977, Y6342
Monster Travel Costa Adeje
TYPE: Trading Name
ABTA NUMBER: P6977, Y6342
In the end what they are doing is not illegal, it may be misleading. The fact they say they will sell your timeshare, but then sell you another product is unethical to say the least. But then that is the choice of you the consumer, after all you can say no to their offer.
Also is it right that the RDO and its mouth pieces Kwikchex, Timeshare Task Force and Mindtimeshare be allowed to attack them, just because they do not belong to the Old Boys Club. Personally I do not. As long as you the consumer know the facts then it is your choice not the RDO´s whether you do business with them or not. Again it is the fact the timeshare industry does not want to lose its valuable cash making members.