Timeshare is very similar to owning a condominium in which the amenities and the common areas are shared. With timeshare, instead of owning the whole condominium, you own week(s) of Use Time. Owners may exchange their resort time for another resort or week.
It is clear that timesharing is gaining in popularity according to the American Resort Development Association, the timeshare industry body. If you are regularly spending your hard-earned money to rent hotel rooms, there is a smarter way. For about the same money as it would cost to rent a few vacations in a nice hotel, accommodations can be owned forever in a vacation timeshare condo.
Vacation ownership, also known as timeshare, is redefining leisure travel. Owning a timeshare is your ticket to better vacationing. This means an ever-expanding choice of accommodations, amenities, locations, pricing, use plans, and timeshare exchange. You can tailor vacations to meet your lifestyle needs and travel dreams at more than 5,000 resorts in almost 100 countries around the world.
Timeshare owners typically buy one or more weeks at a specific resort and return to that resort every year or exchange it for time at another of thousands of timeshare properties worldwide. Whether you want to enjoy the beach, a snowy winter ski break, a pampering spa retreat, a luxury cruise, or an annual reunion of three generations at a favorite resort, you can choose the vacation option that works best for you! For a small fee, companies like Trading Places International will perform these exchange services.
Did you know that timesharing started by accident? The first timesharing project was a ski-resort. A Frenchman decided to share his ski chalet with his friends and family, so he split the ownership into pieces, assigning a month to each of 12 members. It turned out to be a great success–and lots of fun for the members. From this beginning, a new way of vacationing was born. Most vacation ownership resorts today are luxurious, spacious, well located, convenient... and one of the fastest growing forms of travel accommodations.