Across the country, the Orange Lake Holiday Inn Resort likely doesn’t have the name recognition of some of the other big players in this industry. Closer to Orlando, however, where the resort is located, this is a well-known spot that does bring travelers in from near and far. If you happen to be familiar with Orange Lake Holiday Inn, you might be looking for reviews as you contemplate whether or not to become an owner. We’ll present some information below that might help you make your own decision.
With a timeshare purchase, it’s important to look past the shiny parts of the resorts and amenities to see what is really going on with the underlying financial picture. Is the opportunity as good of a deal as they make it sound in the sales presentation? Or would you be better off traveling another way? Only through educating yourself from a variety of viewpoints can you feel confident in whatever your choice is in the end.
For those who are currently timeshare owners and are hoping to get out, our list of the best timeshare exit companies is a valuable resource. Take a moment to check out that page if you are ready to be done with your timeshare and one of those companies should be able to help you move forward.
Orange Lake Timeshare Pros and Cons
If you are thinking about buying a timeshare at Orange Lake, one of the first things you’ll want to do is figure out what kinds of pros and cons you can expect with such a purchase. Knowing what you’ll be getting into, at least to some degree, will help you decide if you want to move forward. You can use the pros and cons below as a starting point for this process.
Pros
The easiest factor to identify as a pro in favor of this timeshare is that the Orange Lake Resort is a nice place. It is easy to see why many people are sold on this as a vacation destination when you have a chance to walk around the grounds – or even just look at the pictures.
This resort property offers a variety of water features throughout, there are plenty of activities for the family, golf courses, and much more. And, given the location in Orlando, it also offers easy access to nearby attractions, such as Disney World. As far as places to spend fun family time are concerned, you could certainly do a lot worse than Orange Lake Resort.
Cons
So far, things sound pretty good, and there is little doubt that timeshare owners are able to have a good time at this property. But things aren’t always as positive as they seem at first, and some issues do start to pop up when you look a little closer.
Significant Costs
The enjoyable vacations that you may be able to take to Orange Lake Resort will likely come at a significant price. If you are to own enough points to be able to book a desirable accommodation at this property, you’ll need to spend a significant sum up front, and that initial expense will be followed by annual maintenance fees that tend to grow over time. Ultimately, you might feel like the cost of your timeshare is more than you would have needed to spend to take a similar vacation somewhere else.
Limited Other Options
Beyond Orange Lake, there are other properties within the portfolio that you may have access to as an owner. That can help you enjoy some diversity among your vacations from year to year, but you might find that the options are not as plentiful as you would find with some of the other prominent timeshare brands. So, if you are strongly considering a timeshare and want to have as many travel options as possible to keep exploring new destinations, you may find that another brand winds up delivering more of what you are looking for.
Orange Lake Timeshare Complaints
It’s part of the reality of the timeshare industry that plenty of current owners have complaints about their experiences. Searching the web makes it easy to find some of these complaints, which you can review for yourself to decide whether or not you’ll want to proceed with making a purchase from a company like Orange Lake Holiday Inn.
Below, we have collected a couple of complaints that have been registered with the Better Business Bureau. There are hundreds of such complaints that have been lodged, so you can take some time if you would like to read even more than the couple we have displayed below.
Is Orange Lake Timeshare a Good Investment?
To put it plainly, timeshares are not a good investment. When you are looking for a place to put your money with the hopes that it will grow over the long run, there are a couple of key elements to keep in mind. First, you want to find something that has shown the ability to grow for past investors – no investments are perfect, but you want to at least see that there is the potential for financial gain. Also, you want to find something that is relatively easy to sell when you want to cash out on your investment and hopefully realize your gains.
Unfortunately, with a timeshare – whether it is Orange Lake or any others – neither of these two points looks good. Rarely do people who purchase a timeshare wind up selling their ownership down the line for more than they paid. There is little chance for growth here based on what has been experienced by so many past owners.
If that wasn’t enough bad news, there is also the issue of trying to sell your timeshare to consider. Far from being easy to sell, many timeshares are downright impossible to unload. No matter how long some people keep their timeshare listed for sale, they aren’t able to find anyone to take it off their hands. Between a lack of growth in the value of the timeshare and the lackluster secondary market for sales, it’s hard to see a timeshare as any kind of positive investment decision.
Is Orange Lake Timeshare Worth It?
To determine if something is going to be “worth it” to you and your family, you need to think about a couple of factors. For one, there is the financial cost of whatever it is you want to purchase. That’s an obvious starting point, and from there you can add on the layer of matter of what you hope to get out of it in return. Only when you compare the cost to the return can you really decide if something is worth it to you.
With a timeshare, it’s not that you don’t get anything at all out of it – you probably will take some vacations that you will hopefully be able to enjoy with family and friends. But it’s when you do the comparison between cost and value that you might start to not see this as a great option. Given the amount of money you might need to spend to become a timeshare owner with Orange Lake Holiday Inn, and the cost of paying for maintenance fees along the way moving forward, you might struggle to get good value out of your purchase. Then, when you add on the issues we talked about above in terms of the realities of timeshares as an investment, you can see where the math might not work out in your favor.
Orange Lake Timeshare Lawsuits
Lawsuits and timeshares tend to go hand in hand. If you like to keep up with the world of timeshares by reading stories online about the latest news, you are sure to see stories about lawsuits that have been filed by owners who are unhappy with the company that operates the timeshare. This is true across the industry, and Holiday Inn – the company behind Orange Lake – has certainly dealt with its own share of legal action.
The frequency of lawsuits in this space says a lot about the state of the timeshare world and how owners feel about their overall experience. If owners were consistently happy with the value they received from their timeshare, it’s unlikely that they would be taking legal action so regularly. Given how many cases are going on across this industry at any one time, you might have cause for concern about getting involved with any type of timeshare.
There is No Time Like Today
If you are simply tired of paying your timeshare maintenance fees while not getting your money’s worth on that spending, it’s time to look for an exit. Take a moment to give us a call today at 833-416-8796 to see how we can help. If it’s easier for you, please feel free to use the form on our site, or our live chat feature, to get in touch. We are looking forward to hearing from you soon!