Sick of a flop and drop holiday? Want to hit the Ski Slopes? Or feel like a bit of an adventure in another country? This is what timeshare exchange companies can offer you. Today, timeshare owners have access to more than 5,500 resorts in more than 100 countries, which give you a great opportunity to …
It is important to acknowledge that while timeshare is legally classed as an investment product, it is a lifestyle investment in holidays for the future, and is not intended to provide financial gain. You should not expect to make money on your timeshare ownership.
The short answer: no, you’re not just limited to your Club’s timeshare properties. Most Clubs are constantly looking to expand the number of resorts they own, but acquiring and renovating new properties can take a long time. Luckily, Owners/Members also have access to timeshare exchange programmes. There are three major timeshare exchange programmes: Resort Condominiums …
Can I only stay at timeshare resorts my Club has access to? Read More »
A product disclosure statement (PDS) is an important document that every prospective Owner/Member should read. Because timeshare is classed as a financial product, the Responsible Entity is required to provide a PDS to you whenever they recommend or offer Ownerships/Memberships. A PDS covers the fine details – how that particular Club works, who the Responsible …
The reason so many people buy timeshare is because it’s a way to take holidays every year without paying for hotel rooms or buying a holiday home. Once you’ve covered the initial purchase cost, you’re immune from holiday rental inflation, which causes accommodation prices to rise over time. That said, timeshare isn’t as simple as …
Developer Benefits are extra features and bonuses that are not part of the Club and are sold with Ownerships/Memberships as incentives. They are typically offered during sales presentations, and can include discounted nightly rates, free cleaning and other extras. Because Developer Benefits are not part of the Club (and therefore not in the PDS), they …
If you’ve reached this point and you think that timeshare sounds like a good holiday option for you, it’s time to start looking seriously at buying. The first stage of purchasing timeshare is attending a sales presentation. You’ll typically be shown how the Club works, the benefits of joining and success stories from existing Owners/Members. …
It’s smart to be cautious about any financial investment. The last thing you want is to pour tens of thousands of dollars into something, only for it to collapse and take your money with it. Luckily, timeshare Clubs have been developed to minimise the risk to Owners/Members as much as possible. Remember how we talked …
A ‘timeshare resort’ is just a property you can travel to as part of your Ownership/Membership. Sometimes, your Club will own the entirety of the property; other times, they’ll only have access to certain rooms. You can find out which timeshare properties a Club offers by looking for pages called ‘Resorts’ or ‘Resort Directory’ on …
Owning a timeshare is like having a passport to a lifelong journey of vacations. From taking a tour and becoming an owner to using your timeshare and creating new experiences, explore the journey of being an owner.
Congratulations to the teams past and present for such a wonderful achievement. See the journey – Accor Vacation Club turns 20
Sick of a flop and drop holiday? Want to hit the Ski Slopes? Or feel like a bit of an adventure in another country? This …
The Australian Financial Complaints Authority or ‘AFCA’ is a new external dispute resolution (EDR) scheme to deal with complaints from consumers in the financial system. …
Click here to download the PDF Guide COVID-19 represents an unprecedented challenge to the travel and hospitality industry. The timeshare industry, which includes resort developers, …
Timeshare is a broad term used to describe the partial ownership of holiday accommodation and is a hybrid of the property development, finance, tourism, and …
It is important to acknowledge that while timeshare is legally classed as an investment product, it is a lifestyle investment in holidays for the future, …
