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Time share and vacation ownership involve purchasing time in holiday accommodations, with various types including fixed, floating, and rotating shares. While they offer advantages such as flexibility and financial benefits, they also come with significant upfront costs and potential hidden fees. Understanding the implications of time shares is essential for making informed decisions about vacation ownership.

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Siddharth Ghosh
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10 views14 pages

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Time share and vacation ownership involve purchasing time in holiday accommodations, with various types including fixed, floating, and rotating shares. While they offer advantages such as flexibility and financial benefits, they also come with significant upfront costs and potential hidden fees. Understanding the implications of time shares is essential for making informed decisions about vacation ownership.

Uploaded by

Siddharth Ghosh
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
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Time Share & Vacation

Ownership
Understanding the concept and its implications
Introduction
Time share and vacation ownership involve
purchasing time in holiday accommodations.
This presentation will explore the concept,
types, advantages, and disadvantages of time
shares.
Definition of Time Share
Advance purchase of time in holiday accommodation
Capital sum paid to acquire the time share
Annual contribution towards property maintenance
Owner enjoys lodging services for specified periods
History of Time Share
Concept initiated in the 1960s in France and Switzerland
Popularized by Paul Doumier with the slogan
"No need to rent the room, buy the hotel, it is cheaper"
Types of Time Shares
Fixed time shares
Floating time shares
Rotating time shares
Deeded vs Right to Use contracts
Vacation Clubs
Organizations owning timeshare units in multiple resorts
Members reserve vacation time based on availability
Can be deeded or right to use
Usage Methods for Time Shares
Use owned time
Rent out owned usage
Gift the time share
Exchange within or externally
Bank the week for future use
Types and Sizes of Time Shares
Ranges from studio units to multi-bedroom units
May include various styles: apartments, castles, villas
Communal amenities and facilities for guests
Advantages of Time Shares
Self-catering units with kitchen facilities
Flexibility in vacation timing and location
Financial benefits: ability to sell, rent or gift
Yearly paid vacations, reducing hotel pricing uncertainty
Home-like accommodations for families
Disadvantages of Time Shares
Major upfront payment with uncertain recovery
Dependency on exchange systems and rules
Annual maintenance and hidden fees
Potential issues related to natural disasters affecting resorts
Major Timeshare Brands
Marriott Vacation Club International
Hyatt Vacation Club
Four Seasons
Hilton Grand Vacations
Disney Vacation Club
Wyndham Timeshare Resort Group
Conclusion
Time shares offer a flexible vacation option but
come with financial commitments.
Understanding the types, advantages, and
potential issues is key to making informed
decisions about vacation ownership.
References
- World Tourism Organisation (WTO)
- Paul Doumier marketing references
- Various timeshare management resources
Thank you!
Do you have any questions?
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