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Holiday or Vacation Ownership
What is Vacation Ownership or Timeshare?
You've heard the term tossed around before. Or maybe you've even been approached during a vacation and asked to
tour a timeshare resort?
As someone who obviously values vacations and saving money, have you ever wondered just what vacation ownership
or timesharing is all about? Have you ever thought about how vacation ownership fits your lifestyle?
The Benefits of Vacation Ownership
In the past, the best way to ensure an idyllic family vacation was to own a second home. A great way to secure
your vacation, but an expensive option...particularly when that prime property stood empty for most of the
year.
Enter vacation ownership! With vacation ownership -- you won't need to own a vacation home year round or rent
lodgings by the day when you travel. With vacation ownership, you can purchase only the time you need at a
location you desire.
Vacation ownership offers you many benefits....
- Vacation ownership resorts are located in the most desirable destinations around the world.
- Your timeshare is truly a home away from home. Most condominium units are equipped with kitchens, spacious
living areas and separate bedrooms.
- You can buy a timeshare for a fraction of the cost of owning a vacation home.
- Your future vacation costs are locked in at today's prices.
The Expanding World of Vacation Ownership
What started as a simple concept in 1970's has become a worldwide phenomenon in the vacation industry. In 1980,
only about 155,000 households owned a timeshare interval at approximately 500 resorts worldwide. Since that
time, the industry has grown rapidly especially in the U.S. and later in Europe, and now around the world.
- Around the globe, there are now nearly 5,000 timeshare resorts.
- There are more than 4.5 million vacation owners in more than 200 countries worldwide.
- Vacation ownership resorts are located in more than 90 countries.
- Today, millions of vacation owners enjoy traveling throughout the world, from Australia to Zimbabwe.
How do you join the expanding family of vacation owners?
It's easy!
- You select the resort and time of year that best meet your vacation needs.
- You pay a one-time purchase price and an annual maintenance fee.
- From that time on, those accommodations are yours to enjoy.
- Join RCI or another exchange organisation to trade your vacation time. RCI
members own timeshares at over 3,500 resorts in more than 90 countries.
Vacation Ownership...Just The Beginning
Next: What Is Timeshare?
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