5 Reasons to Consider Timeshare Ownership

Timeshare Ownership

2023 is the first year without restrictions within the travel and tourism industry. So it is no wonder that vacation plans are a hot topic for many now.

Timeshares are at the forefront of travel trends this year. Experts estimate that there are over 270,000 timeshare units nationwide. And the market shows no signs of slowing down in the coming years.

This is all unsurprising since there are countless benefits to timeshare ownership. But what are the advantages?

To find out, continue reading our guide to the top reasons to consider owning a timeshare!

1. Vacation Flexibility

Owning a timeshare allows you to enjoy a vacation property in your desired area. Unlike most hotels, you can avoid the hassle of researching and booking rooms when you want to go on a trip.

You own a share of the property for a specific period each year. Therefore you can return to the same place annually. Or, depending on your timeshare contract, you could exchange it for a different spot.

2. Potential for Exchange and Trade

When you buy a timeshare, you can often change the allotted time for staying at a different resort within the same network. This lets you explore several places without buying separate timeshares for each location.

Depending on your timeshare contract, you may even have a chance to trade your property for a cruise. If you are a keen traveler who enjoys exploring more of the world, this will be ideal!

3. The Vast Amenities and Services

Many timeshare resorts offer a range of services that can improve your vacation. It is arguably the most compelling reason to consider a second home for newcomers.

These may include pools, fitness centers, eateries, entertainment, and access to nearby attractions. You can use the amenities and enjoy a resort-style experience when you buy a home at HGVC Resorts.

4. Amazing Cost Savings

Buying a timeshare can be cost-effective in the long run. Usually, you’ll pay for expensive hotel stays every time you go on vacation. But with a vacation property, you can divide the total timeshare cost among the years you use it.

More so, a timeshare often provides more space and amenities when compared to a hotel room. So they are ideal if you travel with your family or groups of friends.

5. Investment Prospect

While timeshares are primarily for personal enjoyment, they can also have investment potential. The American Resort Development Association says the U.S. market yield is 10.5 billion USD.

In popular vacation destinations, the value of timeshares may appreciate over time. You can also sell it on the secondary market if you no longer wish to use your timeshare.

Yet, you must note that timeshares are not typically considered a high-return investment. Over time, their value can fluctuate depending on market conditions.

Consider Timeshare Ownership Today

Timeshare ownership is in demand. But a few gray clouds still hover over the industry.

After reading our guide, you know how much fun and potential is in this golden opportunity. Since the number of timeshares sold is increasing, you must act fast. Search for your dream vacation home before someone else gets there before you!

Read more of our extensive travel articles to uncover how to make the most of your upcoming trips!