One of the most exciting aspects of timeshare ownership is the opportunity to experience destinations in a variety of ways. Many of the best hotels and resorts are located in some of the most exotic locales, and owners can select from a range of timeshare packages and vacation packages. As the travel sector continues to expand, so does the timeshare product itself. Keeping abreast of the latest timeshare news and updates is essential, particularly if you’re thinking about purchasing a timeshare. The sheer size and complexity of the timeshare industry makes it difficult for consumers to keep up with the changes, but with a little patience and research, you should be able to find an assortment of excellent timeshare options.
Timeshare news and updates can be found on the official websites of several major developers and resorts. One site, the TUG (Timeshare Users Group), has been on the radar for the last 29 years. On a daily basis, it provides up to the minute information on exchanges, available timeshares, and other timeshare related information. Among its members is a plethora of travel and timeshare enthusiasts. In fact, the website was a pioneer on the Internet in the early days of the web.
A recent survey of 500 timeshare owners revealed that 8 out of 10 own multiple timeshares. This figure largely reflects a lack of a clear-cut hierarchy among the major players. However, the results do show that a few stalwarts have emerged as kingpins. With that said, some ol’ fashioned competition is starting to heat up. For instance, the Fleetwood Enterprises, the nation’s leading producer of recreational vehicles, is gearing up to launch a new, points-based timeshare product. Likewise, Fairfield has acquired the aptly named Franklin Printing Building in the French Quarter, which it plans to convert into a 119 unit timeshare resort.
There’s a lot of competition in the timeshare space, and companies are trying to do everything from providing a variety of travel options to swooping up the industry with their patented products. While this is good news for consumers, it can also be bad news for timeshare vendors. That’s why it’s critical to have a sound strategy in place for all phases of the ownership life cycle. To start, the company recommends avoiding the typical timeshare scams, such as paying for a vacation ahead of time. If you have to go through the wringer, ask your management company about a surrender program.
Finally, the best way to stay on top of the latest timeshare news and updates is to subscribe to a service like a timeshare news service. These services deliver all the industry news you need in one slick package. Whether you are a seasoned traveler or just starting out, a subscription will provide the most useful industry information and a dose of nostalgia to boot. Besides, you never know when your next dream getaway will come along!