Re: Thousand Trails says they have been sold



LK wrote:
Thousand Trails called a couple weeks ago to tell us they'd like us to
attend a meeting - which happens today in Bellingham - because the company
has been sold.

This is interesting because we're all paid up and now we wonder what
they've done that's going to mess up any future travel plans.

I'll keep you posted on the info we derive from the meeting today.


Linda K,
There is a Thousand Trails members Yahoo! Group. I don't belong any longer so I can't tell you exactly how to find it, but give it a try. You'll get really good information there.

This sounds like the regular marketing program where they invite you to a meeting to get you to upgrade (DON'T). The company changed hands a year or so ago. The new owner comes from Affinity Group.

You are aware that Thousand Trails owns the land on only 2 properties? All the rest of the land is owned by the same company that owns Encore, Equity Lifestyles. TT owns the membership list and leases the properties from Equity Lifestyles. There are about 11 years left on that lease then ?????

The way Thousand Trails has been operating in the past several years (since the lease-back), the land-owners were engaged in plans to put permanent park models in the TT properties. TT has been on a campaign to sell and rent permanent sites and add more and more cabins and rental trailers. The average traveling member is SOL when it comes to finding a site as the inventory of sites for traveling RVers has dwindled.

DO NOT purchase anything at that meeting! It will be throwing away good money. JMHO, of course, but it is echoed by many long-time contract owners on the Yahoo! group.



--
Janet Wilder
Bad spelling. Bad punctuation
Good Friends. Good Life
.



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