Vacation property ownership without the cost of owning a property
year round. You pay only for the time you use. You may use your home
resort every year or trade to thousands of other affiliated resorts
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 (time sharing)
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. So who benefits from owning a timeshare? Well,
let’s start with you. Do you like to vacation? Do you wish you could
someday go on that “dream” vacation, just once in your life? Have
you ever had to tell your family that this year it just was not in
the budget? Ever find yourself so immersed in your work that the
years tend to slip by, always saying, “Next year we’ll take a nice
vacation”? And how about that second honeymoon, just the two of you,
every year? Or how ‘bout those kids, how quick they’ve grown! How
often do you all get to take off and make those special memories
that will last a lifetime? Hey! How about just getting the heck out
of Dodge by yourself! A little personal R&R! And finally, wo
Q: What is a fixed week?
A: A set time that can be used annually.
Q: What is a float week?
A: Vacation time that can be used anytime of the year based upon
Q: What is a banked week?
A: A week of timeshare deposited in one of the many exchange
companies to be saved or banked for use at a later time.
Q: What is exchanging?
A: The act of trading vacation time with other timeshare owners for
a onetime use in Egypt Thru Middle East Vaction Club .
B: The act of trading vacation time with other timeshare owners for
a onetime use OutSide Egypt Thru International Vacation
exchange companies. .
C: Exchange The Owner Ship to Other Resorts .
Q: Who are Interval International (II) and Resort Condominium
A: The two largest exchange companies. They are responsible for 98%
of all exchanges.
Q: What are maintenance charges?
A: An annual fee paid to maintain and improve the property.
Q: What is red, white-yellow, and blue-green time?
A: A color system used for rating the desirability of a timeshare
week. Red is considered the most desirable followed by white and
yellow. Blue and green are considered off-season.
Q: Will my resort resell my property?
A: Most resorts don't even offer a resale program. If they have new
units to sell they will focus on them because they make a much
Q: What is flex time?
A: Flex time is the same as float time however, you are not able to
use all fifty two weeks out of the year. You may be able to use time
frames such as, winter flex or summer flex, blue time frames and
white time frames. Flex time does differ from resort to resort so be
sure to ask.