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December 22, 2008

Trade Stocks for a Vacation

Filed under: Deals,Main Blog,Travel Tips — alena @ 12:01 am

Elite Island Resorts is running one of the most creative travel promotions I’ve seen in a long time. With their “Roll Back Your Stock’s Value” deal, guests can pay for a room in one of their properties with shares of deflated stock in select companies. When you transfer stock to Elite, they will give you credit for it as it was valued in July 2008, before the market crashed, up to $5,000 per room. For example, if you have 100 shares of Aetna stock, currently valued around $27/share, Elite will trade you for a $4,000 room credit because it was worth $40/share back in July.

Clearly, Elite is banking on a profit when the market turns around, but I’ll leave it to you to decide if it’s a good deal.

Elite Island Resorts Roll Back Your Stock’s Value Promotion

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