Do you enjoy traveling with extra accommodation space and access to top-tier resort amenities? If so, consider obtaining vacation ownership. Timeshares are a great way to enjoy the extra legroom while taking advantage of endless vacation savings and limitless vacation travel opportunities. However, if you’re unsure what a timeshare is and what it entails, we’re here to help! Continue reading to get the complete guide to vacation ownership and the benefits of timeshare!
Benefits of Timeshare: What Is a Timeshare?
Before we dive into the benefits of timeshares, it’s vital to understand what they are and how they work; in fact, the most frequently asked question about timeshares is: what are they? Well, a timeshare is a vacation property with divided ownership or usage rights. Traditionally, timeshares are divided into 52 weeks, so every owner can use the property for a week each year, as stated in their timeshare contract. However, as the timeshare industry grows and revolutionizes, the types of timeshares offered increase. Many timeshare brands, like Disney Vacation Club and Hilton Grand Vacations, operate on a points-based ownership system. Unlike weeks-based, the points system allows owners to buy timeshare points, like vacation currency, and utilize them with their brand’s portfolio of resorts at timeshare resorts.
So, now that you have some insight into what a timeshare is, let’s dive into all the benefits of timeshare!
Timeshare Ownership Benefits
Regardless of the type of timeshare you have, most owners can relish many vacation ownership benefits! These can range from spacious accommodations to state-of-the-art amenities to proximity to top attractions.
Benefits of Timeshare: Accommodations
What makes timeshares different over one-time stays at hotels is the accommodations. We recommend ditching the hotel rooms and opting for luxurious and spacious accommodations. A primary benefit to owning a timeshare is vacationing in lavish suites and villas. Most timeshare accommodations include a fully-equipped kitchen, spacious living room, dining room, multiple bedrooms, and more. Furthermore, with a timeshare, you can vacation in ultimate home-like comfort while at your vacation destination. Typically, timeshare resorts have accommodations ranging from one- to four-bedroom villas. So, if you bring the kids, they can also sleep and enjoy their extra space.
Next for the benefits of timeshare are amenities!
Benefits of Timeshare: Amenities
Most timeshare properties offer their guests and owners state-of-the-art amenities. So, you can still have fun, even if you’re still on resort property. Some resorts’ amenities include spacious pools, hot tubs or Jacuzzis, spas, fitness centers, on-site restaurants, resort activities, and more!
Benefits of Timeshare: Cost-Effective
In addition to accommodations and amenities, owners can relish a lifetime of vacations at today’s prices when buying a timeshare. Once you lock in today’s prices for your timeshare, you can relish annual guaranteed vacations and save money on future vacations. So, instead of booking a hotel for each trip, you can utilize your vacation ownership to the fullest extent.
Another benefit of timeshare is joining a vacation club. Typically, vacation clubs have their own set of additional perks for owners. Continue reading to learn more today!
Join a Vacation Club
As one of the many benefits of timeshare, you can join your vacation property brand’s club. You can utilize your points for stays at top resorts within your timeshare’s brand portfolio and explore membership perks. For example, let’s look at Disney Vacation Club (DVC). As an owner with DVC, you’ll receive an annual allotment of points that can be used to book stays at other resorts across the brand. So, if your home resort is at Disney’s Old Key West, you can use your incoming points to stay at Disney’s Animal Kingdom Lodge Villas. As a side note, each resort has different prices, so you can buy more or bank them.
Furthermore, as a DVC resale owner and member, you can access exclusive perks, including pool hopping, Mears Connect transportation, unique fireworks viewing spots, and more!
Next, you can discover other top vacation club brands below!
Top Vacation Clubs
Below is a list of some of the top vacation clubs from renowned brands to join:
- Disney Vacation Club
- Marriott Vacation Club
- Holiday Inn Club Vacations
- Wyndham Destinations
- Hyatt Vacation Club
- Hilton Grand Vacations
So, now that you’ve received insight into vacation club brands, let’s dive further into the world of timeshare exchange!
Vacation Exchange Opportunities
Most timeshare brands are affiliated with exchange companies like Resort Condominiums International (RCI) or Interval International (II). These companies allow owners to exchange/trade their timeshare points or weeks for stays at renowned resorts worldwide.
Exchange Company Benefits
While there are other exchange companies besides RCI and II, they are the two most prominent and leading companies in the timeshare industry. Further, timeshare exchange is another vacation ownership perk as it allows increased travel flexibility. So, vacation exchange is the perfect solution if you want to mark new destinations off your bucket list and travel internationally.
You can exchange your timeshare week or points to stay at the most sought-after destinations like Aruba, Phuket, Thailand, Europe, and more! In addition to international travel, timeshare exchange companies can offer benefits like allowing owners to exchange their weeks or points for hotel stays and discounts on cruises, rentals, and even flights.
So, now that you have the full rundown of timeshare ownership and its benefits let’s jump into the timeshare cost!
Timeshare Cost
The cost of a timeshare depends on various factors like unit size, location, season, and more. Still, according to the 2024 State of the Vacation Timeshare Industry by the American Resort Development Association (ARDA), the average cost of a timeshare transaction in 2023 was $24,170. While this number may seem high, we recommend purchasing a timeshare from the resale market as it can drastically lower the price.
Moreover, in addition to the initial transaction price of the timeshare, owners are expected to pay annual maintenance fees for the resort’s upkeep.
Pay Annual Maintenance Fees
Paying annual maintenance fees is a vital responsibility of each owner. The costs go towards resort upkeep, including renovations, staff services, amenities repair, and more. The average price of annual maintenance fees was $1,260 in 2023, according to the 2024 ARDA report. Further, maintenance fees are necessary if you want to return to a clean and updated resort each year!
So, are you ready to buy a timeshare? If so, consider browsing the timeshare resale market to find the best deals at resorts in sought-after destinations.
Become a Timeshare Owner with BuyATimeshare.com
Secure your dream vacation today with a timeshare resale! Vacation ownership opens the doors to creating lifelong memories for your friends and family while providing many vacation benefits. So, ditch the small hotel room and relish the benefits of a timeshare through spacious accommodations and state-of-the-art amenities.
Browse the timeshare resale market to find the best prices on timeshares today. To refine your search, you can utilize our online filtering tool to search timeshares by size, type, price, season, and more. If you need help, don’t hesitate to email us at info@buyatimeshare.com or call 1-800-610-2734. A world of enhanced vacationing awaits!
