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Friday, October 2, 2009

The Timeshare Industry

Posted by Hancurnya Peradaban Manusia



The timeshare industry is fast becoming one of the most popular industries in the entire world. Today, millions of Americans look into timeshares and vacation ownership, and this number is only increasing with time. The timeshare business or industry has been around for quite some time. It was in the 1970s that a Frenchman sold timeshares in his hotel rather than trying to rent specific rooms. It was in this Alps hotel that the timeshare idea took hold and a lucrative and popular industry got its start. Since the start of this business, the industry has seen a surge in sales, especially during the late 1970s and throughout the 1980s. Today, the economy may be weakened, but people of all ages and backgrounds are still making the time to save for a timeshare in some of the most exotic properties in the entire world.

So, what exactly is a timeshare? Basically, people invest in a property so that they can visit this place at either a fixed or predetermined time each year or a certain number of weeks each year. People can buy timeshares for locations around the world: everywhere from New Orleans to the Bahamas. This way, a person can take the time to visit a new or exotic location but in an affordable manner. The price of a timeshare depends upon the location of the property and the time of year you want to visit this place. If you wanted to visit a popular vacation space during a peak time - think Rocky Mountains during the winter months - you may have to pay up to $12-13,000 for a week of such prime time. Thus, there are peak, shoulder, and off peak seasons so that people can distinguish between different times. If you have a timeshare deed, you can use the property during your specified time for an indefinite period of time, and if you do not have a deed, one's timeshare will eventually expire. [More]

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