FlexWeek Inc. FXWK Archives

TuesdayMar 15, 2016 8:45 am

FlexWeek, Inc. (FXWK): ‘Waste Not, Want Not’ Applies to the Timeshare Business, Too

‘Waste not, want not’ – if you do not waste anything, you will always have enough. Wise use of one's resources will keep one from poverty. This proverbial saying was first recorded in 1772, but it had an earlier, even more alliterative version: ‘Willful waste makes woeful want.’ This common phrase came to mind when contemplating Flexweek, Inc.’s (OTC: FXWK) business model in the timeshare space. FlexWeek is the only publicly traded company in the peer-to-peer timesharing space. With a platform in development similar to AirBnb, the company’s management intends to expand rapidly into the lucrative timeshare rental market. The…

MondayMar 07, 2016 1:11 pm

FlexWeek, Inc. (FXWK) taps the Access Economy with its Peer-to-Peer Timeshare Rental Platform

A recent article in the Harvard Business Review (HBR), entitled The Sharing Economy Isn’t About Sharing at All, shows that FlexWeek, Inc.’s (OTC: FXWK) innovative online platform for travelshare rentals is an idea whose time has come. The FlexWeek platform ‘allows timeshare owners to discover, book and offer unused vacation time (travelshares) directly to the public and other timeshare owners.’ As the title of the HBR piece suggests, the label ‘sharing economy’ is misleading. The authors, two well-respected professors of marketing, go on to point out that the essential characteristic of the peer-to-peer (P2P) business model is access. That is…

MondayFeb 29, 2016 2:32 pm

FlexWeek, Inc. (FXWK): Hilton Spinoff Could Bode Well for FlexWeek’s Business Model

A spinoff can more often than not unlock a dormant business segment and provide opportunities for that business segment to grow and prosper without all the ‘red tape’ associated with being under a convoluted, corporate umbrella. Recently, Hilton Worldwide Holdings Inc. (NYSE: HLT) said it will spin off its lodging properties and timeshare business into separate publicly traded companies in a bid to boost shareholder value as the world’s largest hotel operator faces increased competition. Companies like FlexWeek, Inc. (OTC: FXWK) can benefit greatly from a move like this for several reasons: this will allow them to deal with the…

MondayFeb 22, 2016 2:35 pm

The FlexWeek, Inc. (FXWK) Platform Buoys Timeshare Secondary Market

FlexWeek, Inc.’s (OTC: FXWK) innovative online platform for timeshare rentals is set to boost the secondary market for timeshares, and that’s great news for timeshare owners and investors. A functioning secondary market in timeshares will play the same important roles as does the secondary market in securities. One of these roles is the provision of liquidity. When one buys stocks, the funds are tied up indefinitely, but suppose the proverbial rainy day comes along and you need to cash in your investment. What can be done? It used to be that your only option was finding a willing buyer by…

TuesdayFeb 16, 2016 2:08 pm

FlexWeek, Inc. (FXWK) Takes the Sting Out of Unused Timeshare Expenses

At the forefront of the peer-to-peer (P2P) vacation-home marketplace sits FlexWeek, Inc. (OTC: FXWK). Being the first of its kind, the company offers a platform for timeshare owners to market their unused vacation time to the public or other timeshare owners. FlexWeek provides direct access to its resort inventory while eliminating the need for timeshare owners to use other expensive trading platforms. The company charges booking fees to the renter of the vacation time instead of “banking” times with a trading company. This means that the private timeshare owner can offer his/her unused vacation time to renters to recoup the…

MondayFeb 08, 2016 1:18 pm

FlexWeek, Inc. (FXWK): Stay in Vacation Homes around the World for Less than the Cost of Hotels

Almost everyone loves to travel and seek out exotic destinations around the globe. However, accommodations can be such an expensive and unfulfilling experience when staying at hotels that all look the same and are located in the same areas of town. Wouldn’t it be great if we could stay in a luxurious, fully-furnished condo anywhere on the planet for a price that’s much less than the local Hilton (NYSE: HLT)? Well, the good news is that you can, and all you have to do is become a part owner of a timeshare or just have the desire to travel and…

MondayFeb 01, 2016 3:12 pm

FlexWeek, Inc. (FXWK) turns Timeshare Re-Sales into a Picnic

Banner days are back for the timeshare industry. According to the recently published State of the Vacation Timeshare Industry: United States Study 2015 Edition, in 2014, the last full year for which data is available, the U.S. timeshare industry grew faster than the economy. U.S. GDP growth in 2014 was 2.4 percent, while the study estimates U.S. timeshare industry growth at a strong 4 percent. Total sales volume increased from $7.6 billion in 2013 to $7.9 billion in 2014. Since 2010, sales volume has been rising steadily. It was $6.4 billion in 2010; $6.5 billion in 2011; $6.9 billion in…

TuesdayJan 26, 2016 3:43 pm

FlexWeek, Inc. (FXWK) Eliminates Wasted Timeshare Inventory with Its Innovative and Efficient Marketplace

Owning a timeshare has many benefits. It is a great way to enjoy a relaxing vacation spot in a luxurious, fully furnished condo instead of an expensive, cookie-cutter hotel room or resort. Also, it is a much more affordable way of adding a second home, so to speak, to your book of assets. Family vacations and private getaways are essential for people to maintain their sanity by escaping to an exotic location for some much needed rest and relaxation. Of course, there is a caveat to this, and that is the money wasted should you not be able to use…

TuesdayJan 19, 2016 10:05 am

FlexWeek, Inc. (FXWK) Saving Timeshare Owners Thousands with Unique Peer-to-Peer Web Platform

FlexWeek, Inc. (OTC: FXWK) builds shareholder value in the global peer-to-peer marketplace with a unique platform that is designed to enable timeshare owners to book and offer unused vacation time directly to other timeshare owners and the general public. The platform’s differentiator is that it bypasses the need for timeshare owners to use uneconomical trading platforms while potentially reducing unused timeshare inventory. FXWK reaches its target market through its website and mobile application and is known to be the only peer-to-peer marketplace that caters exclusively to fractional vacation ownership. Traditionally, the model used for selling timeshares involved banking weeks with…

ThursdayJan 14, 2016 10:03 am

FlexWeek, Inc. (FXWK) Engages QualityStocks Corporate Communications Suite

FlexWeek, a pioneer in the global peer-to-peer (P2P) marketplace with the introduction of a unique platform that allows timeshare owners to discover, book and offer unused vacation time directly to the public and other timeshare owners, today announced that it has engaged the Corporate Communications Services of QualityStocks. Based in Scottsdale, Arizona, QualityStocks has assisted more than 300 public companies with their efforts to broaden influence, attract growth capital and improve shareholder value over the past 9 years and 11 months. "We're heading into 2016 with a clear vision of our business strategy to penetrate the market with our revolutionary…

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