5 Things You Probably Didn’t Know About Timeshare

Here are some of the leading reasons that are making timeshare (also referred to as shared vacation ownership) the preferred vacation lifestyle, especially among millennials and young families seeking quality vacations that are affordable.

1. Reputability – the industry is led by top global hospitality brands.

Over the past three decades, top global brands have entered the timeshare arena and dramatically changed the face of the industry. Internationally these include Marriott, Hyatt, Hilton, Sheraton, Disney, Wyndham and in South Africa Tsogo Sun, Sun International and Legacy Hotels and Resorts are actively engaged in growing the industry locally.

2. Timeshare saves you money.

By paying for a number of years holidays upfront at today’s prices, you are safeguarding your holiday costs against inflation and peak season rates. If you calculate the expense of owning and maintaining a holiday home that is only used once or twice a year, it makes financial sense to share the cost between several owners.

3. You can holiday whenever and wherever you want – and more regularly.

You don’t have to go back to the same place at the same time year after year. There’s lots of choice in where and when to travel locally or abroad, the duration of your vacation and the size of your accommodation. A recent global Oxford Economics Study revealed that South African timeshare owners spend 6.5 more days a year on holiday than their non-owner counterparts, which means that vacation ownership guarantees that you will vacation at least once a year and ensures you take future vacations.

4. There’s no hefty accommodation bill at the end of your stay.

While other holidaymakers may be feeling the anxiety of a hefty accommodation bill at the end of their stay, shared vacation owners can smile because timeshare allows you to pick up when the mood strikes and alleviates the stress of needing sufficient cash to pay for accommodation on the spur of the moment.

5. There’s no gambling with your accommodation.

Exploring new destinations can be a gamble if the accommodation does not live up to its promises. But with the consistent quality of shared vacation ownership, your home-like accommodations with full facilities is a sure bet, allowing plenty of luxurious space for togetherness and room for privacy.

For further peace-of-mind, VOASA provides consumers with assistance when purchasing timeshare to safeguard them against fraudulent business practice. This industry body further serves to ensure that high standards of ethics are upheld by its members, who include reputable companies that have been in the industry since the early 1970’s. VOASA recommends only doing business with its registered members and these can be viewed on their website at www.voasa.co.za/voasa-members/