What is Timeshare? The big Picture
Mar 6th, 2009 | By Doris Maria | Category: A Lifestyle
There are many ways to describe Timeshare.
Maybe the most accurate way is to call it “Holiday ownership”. The basic principles are simple – you buy a period, normally fractioned in weeks and get the right to spend this time at a holiday property for a minimum of three years or longer. It is an excellent alternative to second home ownership offering consumers the opportunity to purchase holiday accommodations for only a percentage of the cost of full ownership.
Timeshare also offers many advantages to staying in hotels or private renting arrangements. A typical one-bedroom unit at any Timeshare-Resort is about 60% larger than a normal hotel room and comes with all the comforts of home, an array of amenities and many services of a well run hotel. Holiday ownership offers travellers a resort to enjoy, year after year, for the lifetime of the ownership with only a one-time purchase price and yearly maintenance fees, unlike a typical holiday rental or hotel room where you are required to pay increasing rates each year.
Timeshare amenities rival those of top-rated resort properties and may include children’s activities, swimming pools, tennis, Jacuzzi, golf, as well as spa and exercise facilities. Other features may include boating, skiing, restaurants and equestrian facilities on-site or nearby.
Timeshare Ownership not only offers the potential to save thousands on future vacation expenses, it provides the priceless benefit of space for you and your entire family to spread out, relax and savour every minute of your time together. After the purchase is made you budget only for your annual management fee and your travel costs.
Timeshare ownership offers the opportunity to save on the escalating cost of holiday accommodations over the long term while you can enjoy all the comforts of home in a resort setting.
According to OTE about 200 families buy timeshare in Europe every day and probably the quality, destination choices and the range of facilities are the main reasons for buying timeshare. A recent OTE survey of 30,000 European owners revealed that the majority, 7 out of 10 owners, would recommend timeshare to family and friends.
Holiday ownership has changed very much since its origin in France in the 60’s. Plans and options available today are more flexible than ever before and Timeshare Owners have the choice between fixed weeks, floating weeks, points, deeded, non-deeded and right to use holiday ownership products. Timeshare has evolved into a highly respectable industry which includes many well known hotel and hospitality groups. Fewer complaints are made about timeshare nowadays, the majority relating to fraudulent activity outside of the industry and resale companies. All this might be confusing, but we are going into details, don’t worry.
Timeshare Resorts are found all across the globe at popular beaches, mountains, ski areas, rivers and lakefronts, major cities, simply anywhere that tourists or visitors could wish to spend their holidays. Timeshare owners are growing to a staggering figure of more than 7 million households owning holiday intervals at more than 5,500 resorts, with the greatest number located in North America, and with Europe coming in second with more than 1,500. Nearly 1.5 million Europeans own Timeshare and it is becoming a much more popular way of taking holidays.
Visit your home resort at the same time every year, or never stay at the same location twice. Many Owners are content to spend every year at the resort where they purchased their Timeshare, but Holiday Ownership provides consumers with access to a full spectrum of vacation networks, including timeshare condominiums, vacation homes, villas, chalets, cottages, caravan parks, vacation parks, bungalows, whole-ownership condominiums, canal boats, houseboats, ocean-going catamarans, fractional resorts, private residence clubs, condo hotels, destination clubs and more.
Maybe a friend or family has recommended their resort to you; perhaps you have been invited to a Timeshare presentation or have received an offer to stay a few days at a resort. Maybe you just wonder how your neighbour can afford to go on holidays 3 and more times a year or you are only looking for some information about timeshare to buy one for yourself.
Maybe you just have bought a Timeshare and you are not sure about of what you have done, you might have many questions and you want to know how to use your Ownership or how to get the most out of it.
Maybe you want to sell, rent or exchange and you are a little bit lost and scared having heard about the scams out there.
No matter what your ideas and holiday needs, you will find a plan that works for you and your family by doing careful research and asking fellow timeshare owners for input. Stay and come back to us. Here you will find the answers to your questions.
Join the forums and participate in our particular timeshare talk and please do ask any question you might have about Timeshare.




really nice entry, gives a good overview of the pleasures of timeshare.
I look forward to reading other entries
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