Why Consumers Buy:
Spacious, high-quality accommodations
Truly a home away from home, the high quality of accommodations offered at timeshare resorts typically include:
Spacious floor plans and home-like amenities, compared with traditional hospitality accommodations;
Flexibility and space, from studio units to spacious three bedroom villas;
Fully equipped kitchen with dining area;
Washer and dryer, stereo, televisions, DVD players/VCRs; and more.
Timeshare resort amenities often include:
Swimming pools, tennis courts, Jacuzzi, spa and fitness facilities;
Golf, boating, skiing, water sports, and amusement and theme parks on-site or nearby; and Planned children’s activities
Flexibility:
Once you own a timeshare, the vacation choices are endless. The inherent flexibility of the timeshare concept is offered through many alternatives in location, unit size, time of year, and the opportunity to exchange to other resorts. Vacations can be at a fixed time or can vary each year, and accommodations can range from a studio to a two- or three-bedroom villa. As an owner you can opt to visit your home resort or exchange to other resorts, spas, cruises, hotels, and specialty tours throughout the world!
How Vacation Ownership Works:
Vacation ownership takes the hassle out of second home ownership. You purchase your future vacations at today’s prices and for just the time you need.
Make a one-time purchase of furnished resort accommodations at a fraction of whole ownership costs and pay an annual maintenance fee. Each unit of a timeshare resort is divided into intervals, most commonly by the week or some other combination of days. Often the amount of time you purchase is expressed in terms of “points”– a popular trend that is aimed at increasing the range of options for the use of your timeshare interval.
In a majority of resorts today, your vacation ownership interest will include a deeded interest in real estate. Other timeshare programs do not include an interest in real property, but are structured more like a membership. How you actually use your timeshare vacation is generally not affected by the absence or presence of a real estate interest.
The accommodations are priced according to a variety of factors, including size of the unit, resort amenities, location, and season of use. You own the vacation accommodations, but only for the amount of time you choose – typically one or two weeks each year for a traditional timeshare. There are other types of timeshare programs, such as fractionals, offering longer use periods (as long as three months), but these are priced much more like a traditional vacation home.
To get your questions answered or for further assistance in understanding timeshares, contact Timeshare Locators Corporation at www.timesharelocators.com or 877-774-2737
How Vacation Ownership Works
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