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Is It The End Of The Road For The Timeshare Industry? PDF Print E-mail
Written by PR-inside.com press release   

With an estimated 8 million timeshare owners worldwide holding rights to weeks purchased in 5400 resorts spread across 100 countries; it is unlikely for the flames of holiday ownership to be quenched any time soon. However, in this global economic crisis everyone is always looking for the best deal they can get. The internet is now the number one medium for obtaining up to the minute information leading to securing the product you want at the price you want to pay. All too often the scenario, however, is a million miles away from sitting in the comfort of your own home browsing through the countless websites that specialise in Timeshare.

The reality of the matter is that countless sales are made when we are relaxing on holiday. We are bombarded with information when we have already bought in to the location, weather, culture and the people. Who wouldn’t in their right mind look at an opportunity to buy in to this, especially when you are given a tour of these
5 star luxury resorts, with fantastic facilities, attentive staff and spectacular settings?

There are many incentives to get you going and for many they are proud owners within weeks of returning from their holiday, looking forward to when they can return to “their property”

For many, this serves them well for many years even, in some cases, with the title deeds being handed down to siblings who have also enjoyed many years of hassle free holidaying. For others, however they can, very quickly, become a financial burden. So what do they do?

A spokesman for FHP Holiday Group explains “Timeshare resale enquiries have hit an all time high. I think the current economical climate has a lot to do with it. The problem starts when owners contact the resort to try to sell it back. All too often they are informed that the resale value is nothing like what they originally purchased it for but they will happily take it off their hands thus negating the ever increasing maintenance fees.

“That’s where we come in. As a Timeshare Reseller we specialise in matching potential purchasers to buyers. People generally know whether they are buying or selling, that they will always get a better deal if going through a third party reseller rather than the resorts directly”

So if you are looking either to sell your timeshare or to purchase one, think on when your approached, whilst sipping your margarita on a sun drenched beach under the shadow of a palm tree, by someone offering a free holiday if you accompany them to the nearest resort!

 
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