Time share resorts came forth during the early 1960’s somewhere within Europe. Its early beginnings were from France. Somewhere in the French Alps, a developer have devised a way to motivate people to occupy his ski resort. He encouraged his patrons to purchase fractional ownerships of his resort instead of just renting every time they decide to go on vacation.
The occupancy of his ski resort increased which led to a revenue gain. The new marketing scheme spread like wildfire amongst the other resorts in the French Alps who quickly adapted the idea. Not long, thereafter, a new industry was born, the time share industry.
The time share industry boasts of a total sales amounting to more than 9 billion dollars yearly. This estimate only includes about 5,000 time share resorts all over the world. Presently, time shares have reached a global level of trade much like money. The movement of time shares is as fluid as currency in stock trading.
Through the years, the use of time shares has evolved and gave birth to many options available to the owner. Here are some of the options:
1. Use of time share week
Time shares are usually incremented...
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