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A timeshare (sometimes called a vacation ownership or vacation club) is a property with a divided form of ownership or use rights. These properties are typically resort condominium units, in which multiple parties hold rights to use the property, and each owner of the same accommodation is allotted their period of time.
RCI is a timeshare exchange company. It does not develop or sell timeshares (this falls within the province of RCI's sister subsidiary Wyndham Vacation Clubs). A customer who buys a timeshare with an RCI-affiliated developer (whether Wyndham or another entity) has the option to become a member of RCI.
Destination club. In the leisure industry, a destination club (also vacation club or travel club) is a form of timeshare system where members pay a membership deposit and annual dues to access the club's properties. The concept was introduced in 1998, when Rob McGrath, a veteran of the luxury time share development business, launched Private ...
Timeshares now often include more than just a week in the same destination. They offer cruises, guided tours, houseboat rentals, off-property outdoor adventures and more.
Timeshares have come a long way since their early days, when unsuspecting buyers took advantage of free food and lodging "trips" only to be cornered in a room for hours while being hounded by...
This is a list of the major timeshare companies worldwide. Timeshare companies. Company Office Resort locations Number of resorts Number of rooms Number of owners
Timeshares are a type of fractional ownership of vacation properties. When you buy one, you purchase the right to vacation at the property — or sometimes use "points" to vacation at timeshare ...
Kayaking provided by a lakeside resort in Jasper, Alberta. A resort (North American English) is a self-contained commercial establishment that aims to provide most of a vacationer 's needs. This includes food, drink, swimming, accommodation, sports, entertainment and shopping, on the premises. A hotel is frequently a central feature of a resort ...