Timeshare news is a great way to keep up with all of the latest developments in this popular vacation industry. You can learn about everything from new timeshares to the latest updates on existing ones.
You can also find out what’s going on at your favorite timeshare resort by following their social media channels and reading their newsletter. You can also join their online forums and talk to other members about your own experiences.
Get Out Of Your Timeshare Using The Right Exit Strategy
One of the best ways to avoid paying for a timeshare is to use an exit strategy that lets you walk away from your contract and give your timeshare back to the developer. Often, this can result in you being able to use your money for other vacations or pay off your debts.
It’s not easy to walk away from your timeshare, and it can be expensive, too. Consumer advocates say there are plenty of companies out there that will promise to help you get out of your timeshare but don’t deliver.
The average cost of a timeshare has risen dramatically over the years, but most don’t sell for that much on the resale market. Instead, they typically sell for 10 percent or less of what the original owner paid, says Brian Rogers, who owns Timeshare Users Group.
Make sure you know how much your timeshare will cost in advance. This will allow you to determine whether it’s worth the money you’re spending on it.
When you’re touring a timeshare, beware of any salespeople who pressure you to buy. They will try to show you the best price first and then push for a sale, so make sure you know what you’re getting into before you sign anything.
Investing In Timeshare Stocks At The Start Of A New Business Cycle
There are some opportunities to invest in timeshare companies when they are going through an upswing in the economy, but it’s important to stay on top of the market for any signs of recession. A Bloomberg survey has found that the chance of a recession is about one in three, and that could affect travel plans and equity prices.
Inflation helps increase the value of timeshare contracts, so it’s important to keep an eye on this when it comes to investing in timeshare stocks, as well. It’s a good idea to diversify into other areas when it comes to the stock market, and a long-term investor who has a balanced portfolio will be able to ride out any economic downturns.
Wyndham Destinations is a good example of how an upswing in the economy can be a positive for timeshare companies. Its EPS trends have been very strong for the company in recent quarters and it is still benefiting from a cyclical component to its revenue, which should continue to improve over time.
The company is a big player in the space, with an extensive hotel catalog that includes hundreds of hotels and resorts throughout the world. That is a competitive edge for them against other timeshare companies, and it helps to keep them on the cutting edge of the industry, which is always a good thing for shareholders.