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Why own a vacation?
That's easy! Vacation ownership provides the advantages of
owning your own vacation home - plus the assurance of great accommodations
and a possible second home (U.S. tax deduction) - without
the hassles. And you pay only for the time you actually need. (Most people can
only vacation a week or two a year, so why pay for the 50 weeks you're chained
to a desk?) Finally, you're pre-paying for future vacations at today's prices.
You make a one-time purchase at a fixed price, then pay an annual fee for
maintenance and/or real estate taxes.
Who buys vacations?
Lots and lots of people - more than three million families now own
timeshare. What's more, people spent almost $5 billion last year alone to join
the growing number of vacation owners.
What do vacation owners actually own?
Ownership types vary, but generally, vacation owners own the right to enjoy
accommodations and facilities at a resort for a specified period of time each
year. Typically, you may also exchange, rent, or sell your vacation ownership
interest - even leave it to your heirs - subject to local laws and your resort
purchase contract.
Will I be locked in to the same place every year?
Only if you want to be. That's where we come in. Most resorts belong to an
exchange network such as Interval International so their owners can trade their
week for one that belongs to someone else. You can exchange for another time,
another location, or both. And Interval International has more than 860,000
members who own at resorts in 65 countries, so exchange privileges literally
offer a world of vacation opportunities.
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