Timeshare travel is a popular vacation option that offers travelers a number of benefits. From flexible scheduling to a lifetime of savings, timeshares are becoming more popular among families and leisure travelers.
Whether you want to go on a family holiday or a romantic retreat, you can find the perfect place to stay at a timeshare resort with plenty of activities onsite and home-like amenities. Most units offer multiple bedrooms, living rooms and full kitchens for a comfortable stay.
A timeshare is a type of vacation property where owners purchase the right to stay at a particular resort, typically for one week every year. Some brands even allow owners to use their points to redeem vacations at other resorts.
The biggest timeshare companies are Marriott Vacations Worldwide, Hilton Grand Vacations and Wyndham Destinations, all of which have resorts in destinations throughout the world. These companies, like other hospitality providers, are facing challenges in a global economy where hotel prices continue to rise.
But while the stock price of some of these companies is down, their revenue and earnings are still strong. Moreover, these companies have a vested interest in their customers and will do everything they can to keep them happy.
Ultimately, timeshares are not for everyone, but they can be a great option for people who like to take annual vacations and don’t mind having a specific destination in mind. These buyers often buy into their timeshares in the sweet spot of their lives, before starting a family or when they are in retirement.
When it comes to purchasing a timeshare, consumers need to be aware of all the pitfalls and make an informed decision. They also need to know how the timeshare industry works and what the different types of timeshares are.
Some timeshare companies are affiliated with impressive external timeshare exchange programs, such as RCI or Interval International, that provide thousands of partnered resorts in destinations around the globe. These programs can be a great way to save on the yearly maintenance fees of your timeshare and make it possible to travel to many more destinations.
A good place to start is to determine which resorts are in your brand’s network or system, so you can maximize your internal timeshare exchange priorities. For example, if you own in a company with an extensive network of timeshares in the Caribbean, it makes sense to use your points to vacation there frequently.
Alternatively, you can also consider buying a timeshare in a more exotic destination. Most timeshare companies have a wide variety of resorts spread across the globe, which can be a good way to see as much of the planet as you possibly can.
The ARDA is a national organization that represents not only the interests of resort developers and managers but also millions of timeshare owners nationwide. ARDA’s main purpose is to ensure that the industry is well-regulated, both at the local, state and federal levels. It also provides world-class research and insights through its ARDA International Foundation.