In 2019, before the pandemic, the timeshare industry reached $12.5 billion in sales.
This large sales number suggests many Americans own timeshares for many beneficial reasons.
Timeshares can elevate your vacation experiences in more ways than one.
Keep reading to learn about six excellent benefits of timeshares today!
The first thing people ask about when buying a timeshare is the location. Many think timeshares are only restricted to one destination, but that’s not the case.
Most timeshares offer a variety of locations to choose from. These destinations are located worldwide, so you can choose any climate you’d like to visit. This flexibility helps you choose a vacation that works for the whole family.
Since timeshares are styled after popular resorts, they offer some of the best amenities. Owning a timeshare will grant you access to each amenity offered when on vacation. Most resorts provide amenities including:
- Swimming Pools
- Hot Tubs
- Fitness Centers
- Health Services
- Tennis Courts
- Basketball Courts
Additionally, offsite amenities are often nearby. Timeshares are usually centered around shopping centers and recreational activities.
One of the best timeshare benefits is that it’s like staying at your home away from home. Timeshares are mostly styled after apartments, meaning they aren’t as cramped and small as standard hotel rooms.
Your suite will have full-size bedrooms, living areas, and kitchens. This setup takes away the stresses of vacationing with a large family. You’ll be able to cook your own meals and wash your own clothes as well.
It may not seem like it, but timeshares can save you money in the long run. When you book a vacation at a hotel or resort, you usually end up spending more money on average.
Hotels and resorts fluctuate in prices throughout the year, so you never know what price you’ll be paying. Timeshare prices have already been set and agreed on at your initial purchase.
When you stay at a hotel for an extended time, you’ll also have to buy food each day and find a laundry mat. These prices can add up over time and are irrelevant when staying at a timeshare.
Timeshares often come with exchange opportunities, meaning you can trade points with another program to try something new. To gain this benefit, make sure it’s included in the contract when signing the agreement. Banking Destinations Club Points are an excellent example of this opportunity.
You may not always be available to go on vacation each year, and many people worry about losing out on their timeshares. However, if allowed by the timeshare company, you can rent out your vacation to other interested parties. Rentals help reimburse your fees and expenses for the year.
Impressive Benefits of Timeshares
You can reap all of these benefits of timeshares if you decide this vacation style works for you and your family.
You’ll be on a relaxing vacation in no time!
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