The Future Of The Timeshare Industry

This book provides a complete overview of timeshare development and operation models. The authors take a comprehensive look at the present and future of this growing segment of the hospitality industry, including specialized approaches to marketing, human resources, service quality, finance, legal considerations and professional ethics. Timeshare, or vacation ownership, is a relatively recent leisure phenomenon. It emerged in the late 1950s as a way to secure extra capital resources to fund property expansion. Shareholders had the right to use these properties on a regular basis. Although arrangements have grown in complexity and variation, the model allows for customers to buy rights to use a property for a fixed time period each year. Timeshare arrangements have experienced rapid international growth particularly in the last fifteen to twenty years and are now an important vacation arrangement. Most of the world's major hotel and resort developers now operate timeshare properties. Firms like Marriott, Hilton, Hyatt, Disney and Ramada have brought a new formality and legitimacy to timeshare development and operation.

Timeshare ownership is a continually increasing market within the real-estate development industry. Marketed both as deeded property ownership and personal investments in heightened vacation experiences, timeshares have been developed, branded and sold in high vacation destinations around the world. From its precarious beginnings to its currently expanding popularity, timeshares have become a profitable and dynamic branch in real-estate development. Today, several international realestate corporations have branded and cornered the timeshare industry with everexpanding development scope and long-term business planning. This professional report will encompass the following five main categories: 1. An introduction to the timeshares and its development history; 2. Defining the timeshare product, market and clientele; 3. Analysis of timeshare feasibility planning and business dynamics; 4. Analysis of timeshare design and development concepts; 5. Summary and a look to the future of resort development; This professional report will attempt to conceptualize the timeshare development process both through analysis of development concepts and methodologies as well as applying such elements into hypothetical examples. Through the examination of initial project planning, feasibility and cash flow pro forma, and various other programming and design elements, this report will try to present an understanding of the timeshare development process and create a guide for development that can be applicable for real-world use.

Vacation ownership is becoming a mainstream travel product. Continued growth based on number of units sold and an increasing number of international brands has placed this segment in a very strong position. As the market continues to grow there is an increasing demand for clear and engaging sources of information on the key issues and components of vacation ownership, from both hospitality management students and the public. This book updates hospitality students in this vacation sector, provides the key background information, explanation of the growth, the components to vacation ownership management and an overview of opportunities in vacation ownership management. Timeshare Management provides the understanding of the financing, marketing, sales, management, and human resource issues surrounding the subject - vital to any hospitality and tourism student.

Vacation ownership is becoming a mainstream travel product. Continued growth based on number of units sold and an increasing number of international brands has placed this segment in a very strong position. As the market continues to grow there is an increasing demand for clear and engaging sources of information on the key issues and components of vacation ownership, from both hospitality management students and the public. This book updates hospitality students in this vacation sector, provides the key background information, explanation of the growth, the components to vacation ownership management and an overview of opportunities in vacation ownership management. Timeshare Management provides the understanding of the financing, marketing, sales, management, and human resource issues surrounding the subject - vital to any hospitality and tourism student.

“I like what you’ve done. Very Professional,” Perry Snyderman. “Timesharing is a complex business model and for someone that has little or no experience and wants to better understand the fundamentals, this book works well to fi ll many of the information gaps,” Bob Miller According to the American Resort Development Association (ARDA), the timeshare industry is a $10 billion per year business in the U.S. alone and supports 565,300 jobs. By my estimation, more than 50,000 of these jobs are people working directly in the industry. Until now, no book has been written for this group of people that explains the functioning of the timeshare business. This book is written for those who want to fully understand the timeshare business from the inside out or who are in the business and want to be promoted to management positions or are already managers and want to become better. This book begins with how strategies are developed by senior management, continues with many important operating practices and metrics and ends with a series of bonus secrets to help a timeshare company reach its optimum performance. This book explains many of the common terms used in the industry as well as providing high level models to help timeshare management put all the components of this complex business into proper perspective.

Are you a timeshare owner who is DISAPPOINTED with your purchase because the program doesn't work out the way you expected or were told?Have you been spending HOURS on timeshare user forums, i.e. redweek.com, tug2.com, timeshare resale sites, and reading headline news about how to get rid of a timeshare, and are not sure of what to do?Have you been contacted by timeshare attorneys or timeshare solutions companies that promise to get rid of your timeshare - FOR A HEFTY FEE?LEARN THE TRUTH ABOUT HOW TO GET RID OF YOUR TIMESHAREHow to easily sue a resort developer for breach of contract and get some or all of your money returned including damages.How some owners are getting the resorts to buy back their timeshareHow to walk away from your timeshare without any legal ramifications or credit issues no matter where you boughtThe secrets that resorts, timeshare attorneys, and timeshare solutions and news reporters are not sharing with you that affect your timeshare ownership and usageHow to best use your timeshare and travel around the world despite your past experiencesWhy you should never buy a timeshare while on vacation, or at a resortAND MUCH MORE...The information provided by timeshare attorneys, timeshare solutions companies, and timeshare resale sites, and many resorts are irrelevant and misleading. Many charge big bucks for something you can do yourself.Most of those have never worked in the timeshare industry. How much could they possibly know?Some timeshare forums charge membership fees and include frivolous discussions on what people "think" they know what goes on behind the scenes, and everybody has his or her own opinions. Who do you believe?Most of those have never worked in the timeshare industry. How much could they possibly know?Some timeshare forums charge membership fees and include frivolous discussions on what people "think" they know what goes on behind the scenes, and everybody has his or her own opinions. Who do you believe?Moreover, timeshare attorneys within the U.S. know very little, if anything, about timeshares in another state or in foreign countries. In fact, if one is a licensed attorney for one state, he or she cannot legally represent you in all states, or in other countries.BUTTHEY WILL GUARANTEE THAT THEY CAN GET YOU OUT OF A TIMESHARE NO MATTER WHERE IT IS.WHY DO YOU THINK THAT IS?Just because one has the title of attorney and an attractive website, do you think that this prevents them from lying to get your money? Oh that's right. Attorneys don't lie.Many will use a sales tactic called a "take away," and tell you up front that they are not sure whether they can assist you. Then, later, they will tell you that they can - FOR A FEE. Hmmm.Did you know that if you are a foreigner and you own a timeshare in Mexico or any other foreign country, at any time, you can just walk away without any legal issues or affecting your credit?Why? Because your timeshare contract only applies in that country, and if there is any litigation, it can only be applied to that country. A RIGHT TO USE PURCHASE DOES NOT FOLLOW YOU IN YOUR HOME TURF.Some foreign timeshares are not legal in the countries in which you purchased, for the following reasons: The contract states the any legal issues must be taken up in Panama or some other offshore tax havenThe timeshare company doesn't own the resorts they are selling in, even if they are included in the RCI or I.I. resort directoriesThe timeshare company that sold you the timeshare is operating illegally behind the skirts of the resort, a completely separate entity, and in many cases, do not own inventory at any of the resorts, which is why members are frustrated that they cannot get in.This is the only source that you will ever need to know everything about the timeshare industry, and how you can get rid of your timeshare for free. No more spending hours on forums, speaking to attorneys and surfing the Internet.

The APPROVED TIMESHARE INDUSTRY TEXTBOOK is the industry's most complete guide. Written by industry experts, this book is for people who own, sell, or are looking to get into a Timeshare career. For students, this textbook prepares for entry into the lucrative industry of timeshares. The growing timeshare industry offers an attractive path to a lucrative and exciting career. The U.S. portion of the timeshare industry generated nearly $70 billion of economic output in 2013, according to Ernst & Young, and created 473,000 full- and part-time jobs generating $23 billion in income. According to Ernst & Young's 2014 edition of the State of the Vacation Timeshare Industry report, industry sales volume grew by double digits to $7.6 billion in 2013, an 11% increase compared with 2012. Now is the time to enter this exciting career. The APPROVED TIMESHARE INDUSTRY TEXTBOOK will help you open doors. Provided is access to the Online National Timeshare Job Listings. Combined with the online study module, you will acquire a solid foundation for entry into one of the fastest growing job markets available today. Looking to purchase your first Timeshare? This book will provide an insider's look to the history, policies and procedures. Make an informed purchase, read the APPROVED TIMESHARE INDUSTRY TEXTBOOK as your preparation for your next timeshare purchase.