What is timeshare?
Originating in Europe, Vacation Ownership (Timeshare Resorts) has become a popular form of family vacations. Timeshare, or Vacation Ownership, offers consumers the opportunity to own fully furnished vacation accommodations.

Sold in a variety of forms, such as weekly intervals and Points-based systems, for a percentage of the cost of full ownership. For a one-time purchase price and a yearly maintenance fee, timeshare owners own their vacation either in perpetuity or for a predetermined number of years.

Why Consider Timeshare?
Imagine the expenses of owning your own vacation property or vacation home. Besides the actual purchase cost, you have other expenses to consider. You will pay taxes, insurance and maintenance costs, all for something you might use once or twice a year.

Now imagine purchasing only the time you plan to spend at your vacation home and share the expenses with other owners via a yearly maintenance fee.

Vacation Around the World
Additionally, through vacation exchange networks, owners can exchange their time for other popular destinations around the world and enjoy a variety of different types of accommodations and amenities.

Traditionally, an exchange is done by depositing your week(s) in an 'Exchange Bank