Timeshare companies sell vacation properties to people for a particular amount of time. These properties were originally sold as condominiums, but now timeshare companies also selling yachts, boats, motor homes, luxury cars, recreational vehicles and campgrounds to people who wish to buy them on a timeshare basis.

The roots of timeshare companies can be traced to the 1960s in Europe. One of the oldest timeshare companies was the Société des Grands Travaux de Marseille, a French company that operated in Marseilles in France. Two condominium resorts that this company developed – Devoluy and Paul Doumier – became immensely famous and brought the whole business of timesharing to the forefront. Another Swiss company started around this time, Hapimag, became extremely popular and is still in business.

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Today, timesharing is not the obscure market that it was a few decades ago. There are big names among timeshare companies like the Hilton, Marriott, Hyatt and Disney.

People can buy timeshare properties directly from these companies. But these prices are substantially higher than purchasing a resale unit. Timeshare companies have to charge more to keep in stride with their advertising campaigns that include seminars, free dinners and free stays and tours to prospective buyers.

There are about 6000 timeshare resorts around the world an estimated 7 million families own timeshares. Most legitimate timeshare companies in the US are affiliated with the American Resort Developers’ Association and every timeshare company in Europe should be affiliated with the Organization for Timeshare. These organizations regulate the timeshare industry.

Buy Timeshares

1 Nov
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Why spend your hard earned money on a vacation year after year and having nothing but pictures to show when it’s over? Travel experts are warning us that vacation prices are only going to get higher, especially in lieu of the alarming rate that gas prices are reaching. The time has come to plan your vacations and get the most value for your money. The time has come for you to join the fastest-growing segment of the travel and tourism industry – timesharing.

Timesharing is a pre-paid vacation that you own. You can purchase shares at golf resorts, seaside resorts or ski resorts at price that range from $5,000 -$15,000 (average) depending on the location and the amount of time you buy. According to the Better Business Bureau, low-end accommodations are usually a studio apartment; where as high end could be a luxurious two-bedroom condo.

Timeshares are either “fee simple” or “right to use.” “Fee simple” means the buyer owns title to a fraction of a unit, and ”right to use” guarantees the owner has the use of the unit for a specific time, but has no ownership interest.

You now find most major hotel chains offer timeshares in their facilities located near major attractions. Families are buying into them because they offer a great location, reasonable price, flexibility and recreation. If you prefer golfing, and would rather have a timeshare for adults only, the choice is yours. If you have children and pets and love the beach, there are many available timeshares that will accommodate your needs. You purchase the time you want –a week, two, three, etc., and you own it.