Timeshares are a Booming Industry
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Travel & Leisure > Vacations
Mar 1, 2007
Gail Metcalf
Timeshares are a Booming Industry
Over forty years ago, people in Europe had up to four weeks of vacation each year and finding destinations that were affordable for the average family was becoming harder to find.Timeshares were a way to solve this growing problem and has since become a booming trend all over the world.
Timeshares were first introduced into the market in 1960's . France and Switzerland were the first two countries to start their individual companies to offer vacation ownership to travelers and tourists. France developed a company Society desGrand'sTravauxdeMasseilleduring 1964-1968 .Their timeshare offering was a resort DevoluyThe company promoted its timeshare further by offering another resort Paul Doumienby using the slogan 'Noneed to rent the room, buy the hotel, it's cheaper!'.
Switzerland started its timeshare industry with its first company called 'Hapimag'on September23, 1963and later expanded into Italy and Spain. The company is still flourishing and has remained at the forefront of the timeshare industry, even today.
Timeshare resort spread its root in the U.S. where the first timeshare resort 'KauaiKailani'was offered by the company Vacation International in 1969 .The timeshare industry continued to develop and reign during the 1980'sby establishing different timeshare companies in Western Europe and Asia. It is one of the industries that continue to profit year after year.
Most of the people buy a time share to enjoy their vacations at a place they have always desired and save a good amount of money in the process. Buying a timeshare means owning a property for a specific period of time and to use it for your vacation location.You can even exchange a particular timeshare resort for another one at some other location in the world. This allows you to experience different vacation destinations every year.
However, buying a timeshare means investing an amount of money on a property that you can use for only the defined period of time.Because of this stipulation, you may be apprehensive about the whole process. You'll want to weigh the pros and cons of buying a timeshare. To find out whether or not you will be happy with a timeshare, you may consider renting one for your next vacation.
There are certain things you must consider before buying a timeshare. The first one is the annual maintenance fee that you are required to pay as a member. This takes care of all cleaning, before and after your visit and frees you from the chores required with a vacation home.
Make sure the timeshare offers you flexibility in terms of exchanging to other locations and changing the timing of your vacation. If you are a traveler who does not desire to travel to a particular place, or you do not have the ability to take annual vacations, a timeshare would not be a good investment.
If you have found a favorite vacation spot and would like to return, consider purchasing a timeshare if it is in a desirable location.The location of the timeshare is important when you want to exchange for another destination.If your timeshare location is not in high demand, you might have trouble making an exchange.
The best timeshare exchanges are taken care of by the timeshare management.Many cater to the whims of the timeshare owner and provide full service scheduling with just a phone call.They'll even provide you with recommendations on discount flights you can take advantage of.
For the serious vacationer, a timeshare is the ideal solution to enable you to travel anywhere in the world.
Timeshares were first introduced into the market in 1960's . France and Switzerland were the first two countries to start their individual companies to offer vacation ownership to travelers and tourists. France developed a company Society desGrand'sTravauxdeMasseilleduring 1964-1968 .Their timeshare offering was a resort DevoluyThe company promoted its timeshare further by offering another resort Paul Doumienby using the slogan 'Noneed to rent the room, buy the hotel, it's cheaper!'.
Switzerland started its timeshare industry with its first company called 'Hapimag'on September23, 1963and later expanded into Italy and Spain. The company is still flourishing and has remained at the forefront of the timeshare industry, even today.
Timeshare resort spread its root in the U.S. where the first timeshare resort 'KauaiKailani'was offered by the company Vacation International in 1969 .The timeshare industry continued to develop and reign during the 1980'sby establishing different timeshare companies in Western Europe and Asia. It is one of the industries that continue to profit year after year.
Most of the people buy a time share to enjoy their vacations at a place they have always desired and save a good amount of money in the process. Buying a timeshare means owning a property for a specific period of time and to use it for your vacation location.You can even exchange a particular timeshare resort for another one at some other location in the world. This allows you to experience different vacation destinations every year.
However, buying a timeshare means investing an amount of money on a property that you can use for only the defined period of time.Because of this stipulation, you may be apprehensive about the whole process. You'll want to weigh the pros and cons of buying a timeshare. To find out whether or not you will be happy with a timeshare, you may consider renting one for your next vacation.
There are certain things you must consider before buying a timeshare. The first one is the annual maintenance fee that you are required to pay as a member. This takes care of all cleaning, before and after your visit and frees you from the chores required with a vacation home.
Make sure the timeshare offers you flexibility in terms of exchanging to other locations and changing the timing of your vacation. If you are a traveler who does not desire to travel to a particular place, or you do not have the ability to take annual vacations, a timeshare would not be a good investment.
If you have found a favorite vacation spot and would like to return, consider purchasing a timeshare if it is in a desirable location.The location of the timeshare is important when you want to exchange for another destination.If your timeshare location is not in high demand, you might have trouble making an exchange.
The best timeshare exchanges are taken care of by the timeshare management.Many cater to the whims of the timeshare owner and provide full service scheduling with just a phone call.They'll even provide you with recommendations on discount flights you can take advantage of.
For the serious vacationer, a timeshare is the ideal solution to enable you to travel anywhere in the world.
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Gail Metcalf writes about timeshares and the versatility they offer the frequent vacationer. Vacation Timeshare
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