TIMESHARE BASICS

Started some 30 years ago in the French Alps, vacation ownership started out with the idea of being able to exchange one’s vacation accommodations with someone else’s. While not everyone could afford that second home at the beach, by owning just a segment of that home, or condo, it now came within most people’s reach. Add an exchange organization to implement trading your beach for someone’s mountain and bingo, you’ve got an industry!

By locking in the purchase price of accommodations, vacation ownership (timesharing) helps to ensure 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. 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 vacation ownership. Nearly one-third of vacation owners purchase additional intervals after experiencing ownership. This trend is even stronger among long-time owners; 41.2 percent of those who have owned eight years or longer have purchased additional intervals within that time.

Vacation ownership offers consumers the opportunity to purchase fully furnished vacation accommodations for only a percentage of the cost of full ownership. For a one-time purchase price and payment of a yearly maintenance fee, purchasers own their vacation either in perpetuity or for a predetermined number of years. Owners share both the use and costs of upkeep of their unit and the common grounds of the resort property.

Each condominium, or unit, of a vacation ownership resort is divided into weeks, which are sold separately. The weeks are priced according to a variety of factors, including size of the unit, resort amenities, location and season.

Unlike a hotel room or rental cottage, which require payment for each use with rates that usually increase each year, ownership at a timeshare property enables vacationers to enjoy a resort, year after year, for the lifetime of their ownership. Timeshare ownership offers vacationers an opportunity to save on the escalating cost of vacation accommodations over the long term while enjoying all the comforts of home in a resort setting.

Truly a home away from home, vacation ownership provides the space and flexibility to suit the needs of any size family or group. While most vacation ownership condominiums have two bedrooms and two baths, unit sizes range from studios to three or more bedrooms. Unlike hotel rooms, there are no charges for additional guests. Also, unlike hotels, most units include a fully equipped kitchen with dining area, washer and dryer, linens, stereo, televisions, VCR and more.

Timeshare resort amenities rival those of other top-rated resort properties and may include swimming pools, tennis, Jacuzzi, golf, bicycles and exercise facilities. Others feature boating, ski lifts, restaurants and equestrian facilities. Most timeshare resorts offer a full schedule of on-site or nearby sporting, recreational and social activities for adults and children. The resorts are staffed with well-trained hospitality professionals, with many resorts offering concierge services for assistance with visiting area attractions.

You purchase your week of timeshare. You may use your own resort each year, or you may use a different resort in a different location each year. Your choice, each year. Go to Disney World this summer, take off skiing in Utah next winter, see London the following spring, and watch the leaves turn in New England in the fall.

The timeshare industry is the fastest growing segment of the travel industry world-wide. More than three million households own vacation intervals at nearly 5,500 resorts located in 81 countries. Vacationers around the world are turning to vacation ownership 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 approximately two million owners. Europe is the second most dominant region for vacation ownership, with approximately 22 percent of owners worldwide and more than 1,000 resorts.

The growth rate has been explosive. For the past nine years, the number of timeshare owners has increased each year. And look who’s involved: Disney, Marriott, Hyatt, Ramada Suites, Fairfield Properties, Carnival Cruise Line, Royal Caribbean Cruise Line (yes, you may now trade your timeshare for a cruise!). And the list goes on and on.

Timeshare resorts are everywhere. From all over the Caribbean, the U.S., Mexico, Europe, The Far East, China…everywhere you can imagine.

Resort Consultants International is a marketing and advertising company dealing only in the timeshare industry. We handle resale's of timeshares for individuals as well as handle developer close-outs. So what’s a developer close-out? From time to time we are in the unique position to handle blocks of timeshares directly from a resort’s inventory. This may be a resort that is almost sold out, and the salespeople have moved on. Or it may be a brand new resort that wants to get the word out fast. It may be a resort in the middle of it’s sales phase that wants more exposure. Whatever the reason, we may be able to negotiate wholesale prices for blocks of weeks. The resort has no overhead, marketing expenses or commissions on these weeks. We can then pass on very significant savings to you, the public.

Now, I am certain a number of questions have arisen. Please jot them down and call me at 800-555-1353 and we can discuss your questions and design a vacation ownership package that’s right for you.

Mark

800-555-1353

Ask for Mark Nayman

570-688-9220 Int'l - 570-620-0755 (Fax)

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tsresale@ptd.net

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All information presented is deemed accurate but cannot be guaranteed until all official resort and owner documents are reviewed. The information on this site is provided by individual property owners, marketing and ad agencies or owners associations through the Timeshare Resale Division of: Andrew Hunter Real Estate licensed Real Estate Brokerage # RB046454-L Suite #8 Merchants Plaza, Tannersville, PA 18372 USA Andrew D. Hunter, Broker, Mark L. Nayman, Associate Broker # AB 065991

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