I’ve been researching the pros and cons of owning a timeshare vs. owning a luxury resort membership. Do not shell out ridiculous prices on timeshare by buying from the resort developers and timeshare companies who typically trade timeshares at as high as 50% than the usual costs; as an alternative, you should buy a luxury resort vacation membership.
My research has revealed that more people are better off with a luxury resort vacation club over a timeshare. For instance, most “quality” timeshares cost anywhere from $10,000 (on the extreme low) to $25,000. Not only that, timeshares usually come with a limited number of weeks per year, black out dates and generally have some sort of annual maintenance dues and you usually have to book almost a year in advance! I don’t know about you, but I don’t really like “strings attached” or restrictions when it comes to almost anything I can think of.
My research also revealed that the United States has been (and is still) the country that has the largest buyers and sellers of timeshares. As far as the statistics on timeshares is concerned, over 3 million households in the United States own about 5 million timeshare weeks in over 1,500 resorts. Most people are satisfied with the timeshares they bought; this was proven when the American Resort Development Association revealed in its study that “over 80% of timeshare owners were satisfied with their purchases”.
Even with these statistics, what seems to be a better alternative is a luxury vacation membership club. I feel that the mainstream public is not aware of luxury membership clubs and that is a big reason for the favorable timeshare statistics. How about you?
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