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Vacation Ownership
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There are numerous vacation ownership and
timeshare exchange
services. The
most popular vacation ownership and exchange services are: Vacation Ownership - From its beginnings in the French Alps in the late 1960s, vacation ownership has become the fastest-growing segment of the U.S. travel and tourism industry, increasing in popularity at the rate of nearly 16 percent each year since 1993. Today, more than five million households own vacation intervals at nearly 5,000 resorts located in 110 countries. Vacationers around the world are turning to resorts as their preferred travel destination, with timeshare owners hailing from 174 countries. North America remains the global leader with nearly half of all the resorts and more than two million owners. Europe is the second most dominant region, with over 750,000 owners worldwide and more than 1,300 resorts. Timeshare resorts are found across the globe in popular vacation areas near beaches, rivers and lakes, mountains and even major cities. By locking in the purchase price of accommodations, vacation ownership helps to assure future vacations at today's prices at luxurious resorts with amenities, service and ambiance that rival any of the world's top rated vacation destinations. Through vacation exchange programs, timeshare owners can travel to other popular destinations around the world. With unparalleled flexibility and fully equipped condominiums, which offer the best in holiday luxury, vacation ownership puts consumers in the driver's seat, allowing vacationers to plan and enjoy vacations which suit their lifestyle. Timeshare resort developers today include many of the world's leading hoteliers, publicly held corporations and independent companies. Properties that combine resorts with hotels, the increasingly popular urban resort in major cities, adventure resorts, and gaming resorts are among the emerging timeshare trends. The reasons for purchasing most frequently cited by current timeshare owners are the high standards of quality accommodations and service at the resorts at which they own and exchange, followed by the flexibility offered through the vacation exchange opportunities and the cost effectiveness of ownership. Nearly one-third of vacation owners purchase additional intervals after experiencing ownership. This trend is even stronger among longtime owners; 41.2 percent of those who have owned eight years or longer have purchased additional intervals within that time. Holiday Clubs - Subscribers can avail of cut-price luxury holidays to popular holiday destinations each year. However Timeshare Legislation does not extend to Membership of Holiday Clubs. In this regard consumers are therefore advised to carefully consider the full implications of the contract being offered in connection with these holidays and to seek legal advice as to the terms and conditions of the contract. If interested in purchasing a new timeshare (as opposed to a resale), we recommend sticking with well-known services such as Marriott, Sunterra or Fairfield resorts. The majority of the timeshares on our website are affiliated with these services. By purchasing from previous timeshare owners (timeshare resales), you will almost always save more than purchasing directly from the resort. Although not usual, the savings can sometimes be in the ten-thousand dollar range for timeshares purchased from previous owners at pricey resorts. To find out if the timeshare you are interested in purchasing is associated with a well-known service, simply ask the owner of the timeshare. |
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