As we saw in the history part 1, the timeshare concept was immediately profitable, and it rapidly increased in popularity. So rapid that it very nearly became a victim of its own success. The timeshare industry attracted many people who saw it as an opportunity for quick and easy money. The proliferation of scams and…
Read MoreA timeshare sounds like a great idea at first. For certain costs, you can take care of one of the biggest uncertainties in any vacation: Where are you going to stay? A timeshare gives you a place to rest your head in your favorite destination spot, and it comes along with many of the benefits…
Read MoreThese days, there are numerous options if you’re looking to buy a timeshare. You can find them practically everywhere, with much more flexible packages than you would have found in the past. The only problem is: how to decide which is right for you. In particular, you might be trying to decide whether you want…
Read MoreTimeshares often seem like a great idea at first. However, over time they can come to be a burden. Annual maintenance fees and other ongoing costs pile up. Using your timeshare week becomes hard, if not impossible, and the terms for exchanging or moving your week are terrible. You want someone, anyone, to help you…
Read MoreIf you’re looking for a way to fit more and better vacations into your budget, then you might have heard that timeshares, vacation clubs and travel clubs offer terrific savings. In some situations, these options may deliver the experience promised. However, it’s important to understand what you are getting into when you purchase one of…
Read MoreThe COVID-19 pandemic is having a devastating impact on the travel industry, and many timeshare resorts have experienced significant financial strain during these difficult times. While many aspects of the travel industry will eventually bounce back, the timeshare model creates a perfect storm that threatens the long-term viability of many of these resorts: Their model…
Read MoreTimeshares are marketed as an easy way to take a luxurious vacation every year. That idea seems great in theory, but in reality, most of us don’t have the ability to get away to a resort each year. Often, life may get in the way of our vacation plans. It should come as no surprise…
Read MoreA timeshare can be an expensive purchase that carries long-term financial obligations. Due to the high costs associated with timeshare ownership, it’s important to do your research before signing the contract. This is particularly true when you’re considering buying a timeshare in a foreign country. As Americans, we’re used to certain protections and regulations that…
Read MoreTimeshare ownership offers the promise of a luxurious vacation every year, creating lasting memories for you and your loved ones. For many families, their timeshare delivers on this experience at first. However, over time the cost of timeshare ownership becomes increasingly expensive, and it often reaches a point where it’s no longer affordable. Timeshare owners…
Read MoreWhen you attend the initial timeshare sales presentation, you’re shown pictures of beautiful properties and videos of families having an amazing time using the resort’s luxurious amenities. The sales team will promise you the flexibility you desire from fractional vacation ownership and tell you it’s extremely easy to navigate the exchange process. Unfortunately, many timeshare…
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