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Timeshares have been around for decades as reliably comfortable vacation places travelers can own. In fact, there’s a difference between buying DVC direct vs resale. Instead of taking a chance on a hotel, you’ll know what to expect with a timeshare you own. Over the years, timeshares have evolved to become more flexible with options. Here are ways to get the most out of the timeshare experience.
Why People Choose Timeshares
One of the main reasons to own a timeshare is that it gives you a sense of comfort, privacy, and predictability when you travel. You may have a favorite vacation spot near the property, or you want to make sure you have accommodations in a certain area. A timeshare can also be a stable investment that allows you to buy points that can be used in various luxury hotels. When you no longer want to use it as your own vacation getaway, you can sell or rent it to someone else. There’s even the option of timeshare cancellation as well.
Different resorts assign different methods to award points, based on location, length of visit and unit size. The point system allows for many creative possibilities. Points can be awarded for different times of the year, depending on the volume of tourism. Some people like timeshares because of special events during holidays.
How to Select a Timeshare
Before making a decision on a timeshare, inspect the resort thoroughly. Ask yourself if it meets your expectations. Take into account both the quality of the living space and the available resort facilities. Talking with existing owners about their likes and dislikes of the property will help give you a better idea if it’s worth exploring. You can also learn if it’s a worthwhile investment by talking with local real estate professionals.
Timeshares typically allow for a one-week vacation per year. These days shorter and longer periods are available, depending on the contract. The timeshare industry now includes big-name hotel chains such as Hilton, which offers cruise and camping options through its point system.
Disney Vacation Club Option
Travelers who regularly visit a Disney theme park have the option of DVC Resales, which is a club membership that allows you to either purchase a timeshare contract directly from its owner or to purchase club points. Owners can sell all or a portion of their points, which can lead to significant savings.
Disney fans who want to experience spacious and comfortable accommodations offered by the brand are the most likely individuals to invest in DVC membership. The benefits of being a member include privileges such as free parking at Disney World and extra time at the park.
The Future of Timeshares
Timeshares have been around since 1974. In recent years a trend toward younger owners has emerged, as the median age has dropped to 39. Over half of these adults have children under 18. These days, timeshare owners are often families’ eager to spend quality time together. In 2011, about 194,200 timeshare units existed in the United States.
The trend in timeshare ownership is toward younger, more affluent demographics with better education, according to the American Resort Development Association (ARDA). Flexible plans giving owners vacation options have helped attract this new market. The idea of being able to choose vacation spots from around the world is appealing to people with adventurous spirits.
Enjoying a timeshare experience comes down to how you define your vacation goals. Whether you desire to visit the same destination or a constantly changing destination each year, timeshares give you a sense of security and confidence. Timeshares are ideal for group events, regular meetings, and family vacation planning.