SOURCE: Holiday Systems International (HSI)

Holiday Systems International (HSI)

August 12, 2012 13:40 ET

Holiday Systems International Pays Over $27 Million to Its Members With Its Maintenance Fee Offset Program

LAS VEGAS, NV--(Marketwire - Aug 12, 2012) -  Holiday Systems International announces it has exceeded $27,000,000 in Maintenance Fee offset payments to its customers. Holiday Systems International, through its Vacation Ownership specialty services, provides a Maintenance Fee offset program that actually pays Maintenance Fees for its customers. This unique program has benefited over 1,200 resorts and/or HOAs worldwide, and has paid out over $27,000,000 in Maintenance Fees that would have otherwise gone unpaid. It currently pays out over $7,000,000 annually.

Craig Morganson, CEO of Holiday Systems International, said, "HSI is the only company that does this. I'm always disappointed to see imitators issue useless coupons or credits to their customers, but our program is the only one that actually pays cash. This makes the program transparent and provides an honest and measurable value to the customer. We actually have individuals that are offsetting over $27,000 every year, which keeps them current with their HOAs without losing their ownership interestHSI can even guarantee HOAs 100% collection of Maintenance Fees in some cases."

The program has had a very positive impact on the Vacation Ownership industry as a whole. It has a positive impact on Maintenance Fee collections, a positive impact on sales; it keeps owners current and happy, and gives them the confidence and financial leverage to reinvest their disposable income within the industry. It is also the number one choice by owners versus exchanging or banking.

Craig Morganson states, "Customers aren't interested in smoke-and-mirror services. This program is popular because of its honesty and transparency. It's good for the individual and the industry, and is just another example of what HSI is all about."

Since the program was first introduced, it has received nothing but praise from developers, resorts, HOAs and individual owners alike. . 

For additional information on Holiday Systems International, visit sales.holidaysystems.com.

About Holiday Systems International (HSI)

HSI was founded in 1993 by still President and CEO, Craig Morganson. Mr. Craig Morganson is a leader in the travel & tourism industry and manages HSI with a firm commitment to consumer value and customer service. HSI has a long history of providing sophisticated technology, exclusive products/services and generous value to its private clientele.

Contact Information

  • For more information, please contact:

    Holiday Systems International (HSI) Media Relations Department
    702-254-3100
    media@holidaysystems.com