If you’re thinking of buying a timeshare, it’s important to do your research and learn about the benefits and pitfalls. In addition to owning a deeded vacation property at a resort of your choice, many brands offer vacation exchanges that allow you to travel worldwide. However, if you’re thinking of buying a timeshare for exchanges only, make sure to purchase with a name brand company that offers a vast network. This way you can get the most value from your purchase.
While some people may see a timeshare as an investment in their future, others find it simply a way to enjoy a vacation every year. If you’re considering purchasing a timeshare, here are 5 reasons it could be a good fit for your family’s travel needs.
1. Timeshares are more affordable than hotel stays.
When comparing the cost of owning a timeshare versus paying for multiple hotel rooms each year, it’s pretty clear which option is cheaper in the long run. Depending on how frequently you use your timeshare, the upfront price tag can be offset by the savings in yearly expenses. Plus, with the average yearly maintenance fees being less than a single hotel room per night, you’ll save a lot of money over the years.
2. Timeshare resorts offer more space than hotels.
A big reason why some families prefer to vacation in a timeshare is because of the extra space it provides. Modern timeshare resorts often feature one-, two- or even three-bedroom suites to accommodate larger families and groups of travelers. This eliminates the need for booking cramped hotel rooms and allows everyone to relax and recharge. In addition, many timeshare resorts have in-room kitchens so families can cut costs on dining out by preparing meals in their suite.
3. Timeshare resorts offer unique experiences and adventures for guests.
In some cases, top timeshare companies like Disney Vacation Club or Hilton Grand Vacations Club provide one-of-a-kind opportunities for their members. These activities can range from cruise vacations to RV or houseboat rentals. This gives their members a more complete and memorable vacation experience.
4. Most importantly, a timeshare provides an already-planned motivation to take vacations.
It can be difficult to get away from the daily grind and recharge, especially when kids are in school or adults have work and personal commitments. With a timeshare, you’ll have a scheduled vacation in a destination that is meaningful to your family. This can help to ensure you actually take those vacation days that you need to avoid burnout.
5. Timeshares are an excellent way to explore the world.
While some timeshare owners choose to stay at their home resorts year after year, it’s not uncommon for them to travel outside of their timeshare’s location. Fortunately, most timeshare companies have extensive networks with other resorts around the globe. As a result, you can enjoy your favorite resort destination with ease and also see other places you’ve always wanted to visit.