This is Why They Vacation so Regularly

Posted by Kelsey Kay Love on 11:00 AM on November 16, 2019
Kelsey Kay Love
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Satisfied timeshare-owning couple throw themselves on bed

“If it wasn’t for our timeshare we’d never pause our busy schedules to sync up and take a weeklong trip each year!” – Chaundra & Cindy

As a timeshare owner yourself, we're sure you share the same feeling! One common remark you’re likely to hear time and time again from friends, family members, coworkers, and even neighbors is how they didn’t know timeshares were still a “thing.”

With the rise of online travel booking and private accommodation booking sites both locally and abroad, timeshare travel is perhaps not as common of a topic as it once was. Still, according to 2018 data from the American Resort Development Association, the U.S. timeshare industry has seen eight straight years of growth and shows no signs of slowing down any time soon.

Why Timeshares have Withstood the Test of Time

...according to 2018 data from the American Resort Development Association, the U.S. timeshare industry has seen eight straight years of growth and shows no signs of slowing down any time soon.

A Brief History of Timeshare Travel

Invented in Baar, Switzerland, in 1963 by Alexander Nette and Dr. Guido Renggli, Right-to-Use (RTU) timeshares paved the way for further timeshare ownership opportunities in the French Alps later that same decade, as well as the first hotel-condominium timeshare in America on Maui in 1965.

Following the birth of timeshare exchange companies in 1974, Trading Places International emerged and quickly became involved with vacation ownership resorts in 1975 by coordinating developer “fly/buy” travel programs in Hawaii. Following the success of an initial resort vacation exchange program in Mexico, Trading Places opened its first satellite office in Hawaii in 1985, and expanded efforts to include resort management in the early 1990s.

As travelers became intrigued by the possibility of sensical, cost-effective, and guaranteed travel to enticing international destinations, timeshares rose in popularity in the 1980s. Marriot was one of the first major hotel brands to venture into the timeshare ownership industry. It acquired two properties in South Carolina in 1984, forming what would eventually become Marriott Vacation Club International (MVCI).

Marriott’s success story can be further explored in Gallup’s earlier article: Marriott’s Gamble Keeps Paying Off, and it is largely credited with inspiring other competitors like Disney, Starwood, and Hilton to venture into the growing timeshare industry.

In 2018, Marriott Vacations Worldwide acquired Trading Places as part of its overarching destination portfolio, adding to its prestige as the largest leisure company in the world.

Today, more than 1,500 timeshare resorts exist in the U.S., with more than 5,400 resorts sprinkled throughout 100 countries across the globe. Long story short: timeshares aren’t going anywhere.

In 2018, Marriott Vacations Worldwide acquired Trading Places as part of its overarching destination portfolio, adding to its prestige as the largest leisure company in the world.

How to Maximize Semi-Retirement

As a timeshare owner, you are likely well past worrying about questions like “How do I get a timeshare?” and “How do timeshares work?” and instead are more focused on mastering the art of the successful timeshare swap.

Timeshare owners can maximize semi-retirement with vacation weeks away from it all by following a few time-tested tips from successful owners. As noted in Nerd Wallet’s “Are Timeshares Worth It?” article, happy timeshare owners:

  1. Understand their timeshare is not always a financial investment
  2. Avoided buying a timeshare while on vacation
  3. Made it a point not to pay retail pricing for timeshares
  4. Bought in attractive locations, no matter the deep discount elsewhere
  5. Have learned to enjoy the research and planning as part of the overall process

One of the best perks of timeshare ownerships is also the least leveraged: Timeshare exchange. As an owner, you’re able to swap your timeshare location and particular calendar week for another, anywhere in the world! For most companies, there are several timeshare exchange constraints: peak season, room type, or superfluous up-front fees. Not with Trading Places, International.

 

Read more: How to timeshare swap like a PRO

 

Trading Places: Timeshare Exchange Made Easy

By depositing your given timeshare week up to 24 months in advance, and making several timeshare exchange requests in different weeks of the year, you’re more likely to get the timeshare swap—and location—you’re truly seeking. Our simple exchange fee is only paid after the exchange is made.

Additionally, we recommend browsing our Bonus Weeks and Hot Deals weekly rental stays for further opportunities to lengthen your existing travel plans with no risk, and even consider purchasing additional timeshare contracts as a way to secure an extended trip. Our experienced travel professionals are always on hand to assist you in maximizing your timeshare ownership.

Contact our Trading Places sales team at 800-365-7617 for more information and tailored timeshare assistance.

Topics: Exchange, Travel, Timeshare, Timeshare Facts, timeshare resort, timeshare ownership, timeshare vacation exchange, timeshare exchange, how to take a vacation, vacation, timeshare vacation rentals, how do timeshares work

Kelsey Kay Love

Written by Kelsey Kay Love

Originally from Texas, Kelsey has spent the last several years traveling full time, living in exotic destinations like Costa Rica, Maui, Bali, Australia, New Zealand, Thailand, and California. A firm believer in traveling randomly and moving frequently, Kelsey is the voice behind Travelin' Fools, and is on a mission to teach you how to live anywhere you want with little planning and even less money.

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