Uploaded by globaltravelscam on Dec 28, 2009
http://www.GlobalResortsNewsNetwork.com .....................................-------------------------------////////////
Can Global Resorts GRN (Global Resorts Network), World Ventures (WorldVentures), and Resorts 360 (Resorts360) deliver what travelers want?
Does budget matter to travel buyers in 2010? I would say absolutely! That spells trouble for Global Resorts Network. They charge $2995 for a lifetime membership that offers access to just about 5000 resorts. Consumers who shop around can get a better deal with a U S Based and owned membership company. Those shoppers can get access to more resorts for $1000 less. For those who live in North America, it gets even better, because they get access to more resorts they can drive to starting at just $149 for the entire week.
Global Resorts Network will continue to exist. There is room for several in the home based travel business arena. The bad news for GRN is that their glory days seem to be over unless they can replace Gold Crown Resort with a travel club that is easier for Americans to use.
If a vacation club handing out a box of free certificates for as much as $11,000 can survive in this environment, so can Global Resorts Network. While those who take the time to shop and compare will pass GRN by in favor of the U S based and owned membership with more resorts at $1000 less, there will still be some market share left for Global Resorts Network and Gold Crown Resort.
Global Resorts Network founders looked to develop an opportunity in the home based travel industry a few years ago. They saw several programs selling travel agent programs and only one company offering a travel club membership program. Global Resorts Network (GRN) saw that the travel club membership offered by that organization lacked internet access to resorts and customer service among other things. The founders of Global Resorts Network saw that organization experience tremendous Success with what they saw as a very limited product.
For almost 2 years, Global Resorts Network, backed by the Gold Crown Resort membership were the top dog in the home based travel business arena. However, for Global Resorts Network, the huge advantage they enjoyed was short lived.
Global Resorts Network members realized the shortcomings of the Gold Crown Membership. They could secure a $298 a week condo stay in Malaysia with just a mouse click, but cheap last minute airfare to Malaysia from U S cities did not exist.
As the economy slowed in 2008, more Americans were looking for affordable vacations. For most Americans, the Gold Crown Resort memberships sold by Global Resorts Network did not fit that need and sales slowed for affiliates trying to sell the memberships offered by Global Resorts Network.
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