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Top timeshare company may face multi-million compensation claim

Press Release: TIMESHARE CONSUMERS ASSOCIATION
November 16, 2004
HODSOCK, WORKSOP, England -- Sunterra Europe, the largest timeshare operator in the UK, could face a claim from thousands of its owners over allegations of miss-selling. The total claim could exceed £150million.

Sunterra Europe, based in Lancaster and previously known as The Grand Vacation Company, has almost 100,000 timeshare owners, 45,000 of whom are members of a points club called Club Sunterra, formerly called The Grand Vacation Club.

Over the years many Club Sunterra members have complained that they cannot get the holidays they were promised having paid upwards of £8,000. They say that they have been miss-sold and now want compensation for loss of benefits and enjoyment. And any who fail to pay their annual fees of over £450 risk losing everything they have paid.

The Timeshare Consumers Association (TCA) has launched a campaign to help unhappy Club Sunterra members by forming a compensation group in liaison with law firm Irwin Mitchell, who successfully obtained a judgement of nearly £4million for victims of timeshare fraudster John Palmer earlier this year.

TCA expect up to 20,000 Club Sunterra members will join the group.

Anyone wanting to join the group can do so by visiting the website http://www.vogas.org or telephoning 01909 591 100.

ITV plan to broadcast stories of dissatisfied Club Sunterra members at 8pm on Tuesday 16 November in the “Package Holidays Uncovered” series.

Additional information:

  1. Sunterra Europe (Group Holdings) plc controls about 35 trading companies in Europe (most in the UK) and is a wholly owned subsidiary of Sunterra Corporation in the US, a publicly quoted company.
  2. Further information from Sandy Grey:
Tel:- 01909 591 100
Email: info@timeshare.org.uk

Sandy Grey

Timeshare Consumers Association
Hodsock
Worksop
NOTTS.  S81 0TF
AdviceLine: 0901 607 00 77
web:  www.timeshare.org.uk
Member:  Alliance of Timeshare Consumers in Europe (ATCE) 
http://www.timeshare.org.uk/atce.html