Comparison of M.O.R. Vacations and Global Resorts Network
MOR Vacation is the newest travel club to arrive in the marketplace and it is quickly passing up long time king of the industry, Global Resorts Network. MOR Vacations is new, but it’s membership company is not. In fact the parent membership company has been around for over 23 years and has more than 100,000 active members.
For the past two years Global Resorts Network has dominated the Travel Club industry. Simply put there has not been any real competition to Global Resorts. Sure there was YTB and also Coastal Vacations, but both companies had severe limitations when compared to GRN. No one wanted to deal with the hassles of becoming a travel agent or having to hassle with travel coupons and vouchers.
But, as is common in the network marketing arena, there seems to be a two year window of opportunity and that window is rapidly being shut by the new upstart MOR Vacations (the M.O.R. stands for Members Only Resorts). But just how is MOR Vacations manage to come into a market dominated by Global Resorts and immediately have such a huge impact?
Americans love credit. The President of MOR Vacations, Jon King knows that and although Global Resorts Network has been very successfull, it has never chosen to offer in-house financing for their product. This has left the door wide open to competitor MOR Vacations. By ignoring this bread and butter consumer, Global Resorts Network drove many sales away.
Despite the concerns of several top income earners in Global Resorts Network, the company never was willing to provide an in-house financing option. With the average consumer struggling in today’s economy, this has drammatically hurt the sales and opportunities for many consumers. Many of whom decided to simply not buy or they looked at more reasonable alternatives like Coastal Vacations or YTB.
Fast forward two years and in steps MOR Vacations. The first thing that MOR Vacations announces is that they will offer in-house financing requiring only a small down payment and easy financing terms open to anyone with at least a 450 credit score. This was the dagger in the heart to Global Resorts and affiliates began a mass exodus from GRN to the fledgling MOR Vacations. Such a large scale switchover has stunned the market, showing just how in tune MOR Vacations President Jon King is with the average consumer.
But consumer financing wasn’t the only change that MOR Vacations introduced. Continuing their theme of providing more value to the consumer, they also created a more affordable “Hot Weeks” program that was less than half that of Global Resorts. Weeks start at just $149 and $199 - much less than the $298 bottom pricing of Global Resorts Networks. On top of that, the “Hot Weeks” available from MOR Vacations are more US focused, meaning that you won’t have to buy last minute international airfare in order to take advantage of last minute savings - a big advantage in today’s economic climate.
GRN and MOR Vacations are much more similar than different. That being said, all of the differences that do exist favor MOR Vacations. Both offer lifetime memberships that are transferable and comparable in price at roughly $3000. Both offer an extensive library of resorts - approximately 5,000 for GRN and 5,400 for MOR Vacations. They both offer Guest Weeks, though Global Resorts members are limited to only three Guest Weeks in comparison to unlimited Guest Weeks for MOR Vacations members.
There are other differences between the companies. MOR Vacations offers a more affordable starter package (only $1298 as opposed to $1500 for GRN) with a longer term (5 years as opposed to 3 years for GRN). MOR Vacations also has about 10% more resorts in its registry and its weeks range from half of the cost of GRN’s up to Diamond level accommodations - something GRN does not offer.
Which one is right for you - MOR Vacations? Or Global Resorts Network? Not surprisingly they are both excellent options. However, that being said, clearly MOR Vacations offers more features, flexibility and better pricing for the same purchase price.
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