Economic woes have hit Las Vegas timeshare company Consolidated Resorts. Company spokesman Ken Chupinsky issued a statement that its sales and marketing operations have closed up shop in Las Vegas, Orlando and Hawaii and that filing for bankruptcy protection is the next step. The company owns Tahiti, as well as Tahiti Village and Club de Soleil in Las Vegas. However, while Chupinsky notes that the scarcity of lenders in the industry has hurt the company, the operation of the resorts will continue so owners with reservations need not worry.
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