While the weak US economy has some industries struggling, SellMyTimeShareNOW.com, an online timeshare advertising and marketing service, is thriving according to results released by its second quarter 2008 business synopsis.  The privately held company is showing strong growth in both timeshare resales and timeshare rentals, with second quarter offers to buy or rent timeshare up 92 percent over the same quarter last year.

CEO Jason Tremblay explains, "At SellMyTimeshareNOW.com offers to buy or rent timeshares during the second quarter of 2008 totaled $116,518,155. This represents a 92 percent increase over the same quarter last year." The company noted that the 2008 second quarter results mark the first time that its total amount of offers received in a single quarter ($116 million in offers) reached nine digits.

The Dover, NH based company has built its business by helping timeshare owners sell or rent timeshare they no longer need. At the same time, new owners are finding that timeshare resales are a way to enjoy vacation ownership opportunities at affordable resale prices. Rosanne Luba, Director of Sales for the company says, "The number of offers submitted to SellMyTimeshareNOW.com year-to-date, through the end of the second quarter, totaled 59,559, or 56 percent above offers during the same period in 2007. The total value of these offers was $207,130,110."

SellMyTimeshareNOW.com includes timeshare rental offers in its overall statistical analysis, and also reviews rental offers as an individual category of business. The number of offers year-to-date made through Rental Assist, the company's timeshare rental program, is 23,086, and show a 170 percent increase over timeshare rental offers in 2007. The amount of the timeshare rental offers, year-to-date, is $29,922,343, up 175 percent and already surpassing 2007 year-end totals.