PHILIPSBURG--Hundreds of timeshare guests with six figure incomes are expected to flock to St. Maarten in the near future, courtesy an agreement signed yesterday between Sunterra Resorts and Century 21 Real Estate in the US.
Julian Chance of Sunterra told The Daily Herald yesterday that through this agreement, Century 21 offers a Sunterra package to its vast client base, some of whom have already booked flights to the Island and the resort.
Chance anticipates that with the thousands of clients the real estate company has in the U.S., a huge number will come here through this agreement and he is uncertain if the resort will be able to accommodate all.
"This is a historical event and it will be big. Sunterra may not be able to handle all the guests and we would like other timeshare owners who are interested in this arrangement to contact us," Chance said.
He added, "I feel this is very positive, especially since Century 21 also handles timeshare resale. Sometimes guests come here and they are interested in purchasing timeshare, but because they already have timeshare somewhere else, they find it difficult because they feel they don't need both, or can't afford both.
"Through this agreement with Century 21, they will be able to sell the timeshare they already have somewhere else to Century 21 and purchase timeshare in St. Maarten."
Chance added that this will also have a spill-over effect in the economy, since these new guests are likely to frequent restaurants and stores.
He stressed that given the currently strapped economy of St. Maarten, it is advisable that resort owners start looking at creating markets. He cited Bankers Associations and other such associations as good markets to target, as they are likely to yield fruitful results.
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