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Marriott Vacations Worldwide Corporation is a pure-play public timeshare company. [2] Formerly a division of Marriott International, Marriott Vacations Worldwide was established as a separate, publicly traded entity focusing primarily on vacation ownership in November 2011. [3]
Hyatt Residence Club United States, Caribbean 16 [8] 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
Originally, Marriott Vacation Club properties were sold as weeks. A "fixed week" granted the owner the right to use their villa during a specific week each year (such as week 52, which includes New Year's Eve), or the right to use their villa during a specific "season" (defined on a per-resort basis), which granted the owner the right to reserve their villa for any available week within that ...
This page was last edited on 29 October 2024, at 16:14 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
The term "timeshare" was coined in the United Kingdom in the early 1960s, expanding on a vacation system that became popular after World War II. [1] Vacation home sharing, also known as holiday home sharing, involved four European families that would purchase a vacation cottage jointly, each having exclusive use of the property for one of the four seasons.
Grand Hyatt Bali, opened in Nusa Dua resort complex in 1991 as the largest hotel in Bali at the time, featuring 630 rooms. [39] Bangkok, Thailand: The Grand Hyatt Erawan opened in 1991, replacing the government-owned Erawan Hotel at the Ratchaprasong Intersection in the modern-day city center.
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