Timeshare Today And In The Future
The contemporary timeshare industry is still enjoying a rapid growth rate, new markets are still opening in Eastern Europe and Asia and there is a prevalent consolidation of the established markets found in North America and Western Europe.
After securely establishing its role as a key player in the mainstream vacation market, the timeshare industry spanning billions of dollars is now embracing small-scale entrepreneurs and large corporations. Its global reach with close to 6,000 resorts in more than 90 countries extends from Spain to China, Mexico to South Africa. If you desire a timeshare that you can easily sell when you want consider a Marriott timeshare resale.
Some of the most well-known names in the hospitality and leisure sector have started to have an interest in timeshares, names like Disney, Hilton, Four Seasons, Sheraton, Hyatt, Radisson, Westin, Ramada, and Ritz-Carlton. Not only that, but at the same time the list of popular European companies interested in timeshare keeps on getting longer ? RIU Hotels (where 50% of it is owned by Touristik Union International or TUI, the largest tour operator in Europe), De Vere, Macdonald Hotels with its partner Barrats (the number one house builder in the UK), Sol Melia, and Mondi Ferienclub in Germany.
Millions of owners, their friends and family around the world, are enjoying the quality developments of timeshare, making its success story one without equal. In the year 1999, the number of people that took a timeshare vacation numbered over 12 million.
Timeshare owners come from all over the globe, from over 190 countries, but more of them are from the US ? 47% It?s not surprising then that the US has most of the timeshare resorts ? more than 1,500. That makes for 37% of all the resorts in the world. The western world has turned timeshare into a regulated and highly organized industry. Governing bodies on trade like the Organization for Timeshare in Europe (OTE) and the American Resort Development Association (ARDA) labor to put in place codes of conduct and make sure that any expansion will be grounded on ethical standards and sound commercial practices. Check with Marriott timeshare resale restrictions to see if there are any restrictions regarding the sale of your timeshare.
Global Resorts Network is a Travel Discount membership that allows you to enjoy up to 90% off room rates at 3, 4, and 5 star properties in over 6000 destinations worldwide. Members enjoy access to some of the most highly sought after destinations in the world, starting at just $298 for an entire 8 days and 7 nights. Global Resorts Network is an alternative to Timeshare properties, Timeshares have significant start-up costs and can be very difficult to exchange and maintenance cost overrides. With Timeshares you are restricted to one resort for 1 or 2 weeks a year and with Global Resorts Network you can travel anytime, anywhere worldwide.There are important local, national, and international laws set in place that are meant to protect potential buyers? rights and to deter the use of high-pressure sales strategies.
The Timeshare of Tomorrow
The worldwide timeshare industry looks set to grow in popularity and log record sales in the months and years ahead. It is now a trend that more people have even more money and time to spend on travelling and the notion of vacation ownership. In many areas around the world, regulation has provided timeshare with a secure foothold, reassuring and safeguarding buyers with a series of measures for consumer protection.
According to Timeshare: Coming of Age, an independent report published in October, 1999, since the beginning of timeshare, it has gone through a metamorphosis. With the advent of the points-based system, the original real estate concept has been transformed into ?a flexible, pre-paid vacation membership concept, placing timeshare where it belongs ? in the mainstream of travel, tourism, hospitality and leisure?.
In 10 years time who knows where the next development will be?
Come see us to learn more about Marriott timeshare resale
Source: http://larrywellsreview.com/timeshare-today-and-in-the-future/
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