Understanding Timeshares and Your Vacation Ownership

Vacation ownership has become the fastest growing segment in the U.S. travel and tourism industry, according to the American Resort Development Association (ARDA). It has grown at a rate of nearly 16 percent each year since 1993. According to ARDA, owning a timeshare is “your ticket to better vacationing”. Timeshare owners have the ability to tailor their vacations with a choice of over 5,000 resorts in almost 100 countries worldwide.

Why to Buy

A timeshare is a home away from home, with high quality accommodations such as: Spacious floor plans, fully equipped kitchens, washer and dryers, stereos, televisions, DVD players/VCRs; and more. Resorts often include: Swimming pools, tennis courts, Jacuzzi, spa, fitness facilities, golf, boating, skiing, water sports, planned children’s activities, and amusement or theme parks on-site or nearby.

How It Works

Owning a timeshare is basically paying today for future vacations. Over time you are paying for a fraction of whole ownership costs of the unit, plus an annual maintenance fee. Each unit of a timeshare resort is divided into weeks. Often the amount of time you purchase is expressed in terms of "points". A points system aimed at increasing the range of options in which you can use your timeshare interval. You may purchase points that can be redeemed for: accommodations, resort locations, amenities, number of days used, and other travel services. Many timeshare resort developers link their points and timeshare program with other loyalty travel programs, which allows you to maximize your purchasing power and travel choices.

Timeshare Owner Testimonial

“We have taken more vacations in the last five years than we did in the 25 years before that. It’s the best purchase we ever made!” Harvey - Oregon

For more information, visit ARDA.org to download or request a free brochure entitled Understanding Vacation Ownership and learn how to “own the fun!”
1 Response
  1. Anonymous Says:

    This is Fantastic information, and Very well presented! Thank you!

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