• Report: #257841

Complaint Review: Granthix And Royal Holiday

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  • Submitted: Fri, June 29, 2007
  • Updated: Fri, August 17, 2007

  • Reported By:Wilmington North Carolina
Granthix And Royal Holiday
1825 Ponce De Leon Blvd/PMB #127 Coral Gables, Florida U.S.A.
  • Phone: 888-472-6885
  • Web:
  • Category: Resorts

Granthix And Royal Holiday Thousands charged by Royal Holiday but no evidence that Granthix exists Ripoff Coral Gables Florida

*Consumer Comment: Royal Holiday Timeshare Scam

*UPDATE Employee: lack of communication on the part of granthix. not misrepresentation from Royal Holiday

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Royal Holiday, a resort company in Mexico, sold me a vacation package in June '07. Part of my package is $13,100 that I am paying for a "certificate" from a company called Granthix Capital, which is supposedly registered in the Cayman Islands. They also claim to have a Florida address.

This "certificate" is supposed to represent a well-paying investment lasting 30 years. But after returning to the U.S. I started looking for information about Granthix and can find nothing. Besides a nearly meaningless website and Royal Holiday claims, I have no evidence that this company even exists. My internet searches have been fruitless. No one answers email or phone calls at the contacts given on the Granthix site. Royal Holiday, which sold me this "certificate," has so far been unable to give me any information either. In fact, when I asked for details, they sent a request for information to Granthix, at the email address on their website! (info@granthix.com)

Even if Granthix exists in some form, I have no evidence that they do anything that Royal Holiday says they do, or that I will see my money again.

If somebody out there has information about Granthix that I have not been able to discover, I hope you will post it on this site.

With perfect hindsight, and even without the Granthix matter, I do not recommend doing business with Royal Holiday. Their resorts are excellent, and if you stay there independently as a guest, you'll most probably like it. Just don't buy anything, and do decline ANY offer to go to a presentation or talk to a Royal Holiday salesperson. You'll spend hours, pressure tactics will be used to get you to buy a vacation package, and the salesmen are consistently deceptive in presenting the product.

If you do get sucked in, study your purchase carefully right away. You have FIVE DAYS in Mexico in which to back out of a contract with no penalty. Your salesman will not tell you this, and indeed may well tell you that you cannot back out. This is false. Study your materials carefully, and don't hesitate to back out if you believe you have not been treated fairly.

Barry
Wilmington, North Carolina
U.S.A.

This report was posted on Ripoff Report on 06/29/2007 08:45 PM and is a permanent record located here: http://www.ripoffreport.com/r/Granthix-And-Royal-Holiday/Coral-Gables-Florida-33134-4418/Granthix-And-Royal-Holiday-Thousands-charged-by-Royal-Holiday-but-no-evidence-that-Granthi-257841. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.

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Updates & Rebuttals

#1 Consumer Comment

Royal Holiday Timeshare Scam

AUTHOR: DeborahM - ()

Royal Holiday doesn’t have the best reputation within the timeshare resorts. Most of their sales are done under high pressure sales tactics, a high number of members at Royal Holiday feel like they have being lied and scam and most timeshare contracts are being misrepresented. One of the most common scams at the moment of purchase is that Royal Holiday’s sales person will make you any verbal promise to get you to sign their contract, however the contract clearly states that any verbal promise made by the sales associated are invalid unless those promises are establish within the contract.

 

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#2 UPDATE Employee

lack of communication on the part of granthix. not misrepresentation from Royal Holiday

AUTHOR: Jh - (Mexico)

It seems to me the problem you have here is a communication problem on behalf of granthix. Royal holiday club provides vacations to hundreds of thousands of happy members. I feel that it's irresponsble to tell others not to buy here when you bought ,and based on when you bought , I'll bet dollars to doughnuts that you have yet to use your membership. Use it first. then criticize us (if you still want to)
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