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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.
Fractional ownership affords much of the freedom and usage benefits offered in timeshare; however, the fundamental difference with fractional ownership is that the purchaser owns part of the title (as opposed to units of "time"). Therefore, if the property appreciates (or depreciates) in value, then so do the shares.
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...
Vistana Signature Experiences (formerly Starwood Vacation Ownership) Orlando, Florida: United States, Mexico, Caribbean 22 [9] Exploria Resorts Orlando, Florida: United States 10 85,000 [10] Westgate Resorts: Orlando, Florida: United States 28 [11] 13,500 [11] Shell Vacation Club Orlando, Florida: United States, Canada, Mexico 25 [12] 86,000 ...
Timeshares and vacation clubs are often confused, but they have several differences, some of them being their flexibility, costs and availability. See: Why Nobody Is Buying Vacation Homes ...
Diamond Resorts was an independent timeshare and vacation ownership company until it was purchased by HGV in 2021. Following the purchase, Diamond's resorts became part of HGV's resort portfolio, and Diamond itself became a brand and subsidiary of HGV.
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