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What are timeshare holidays or vacation ownership?
They both mean the same thing! Simply put, a timeshare vacation is a product offered by resort / holiday companies that allow a buyer to acquire the right to use a unit of a resort for a specific period of time in a year for a specified number of years. For instance, you can choose to own the 4th week of May, every year, at a resort in Kodaikanal. By buying into a timeshare holiday you don't need to own and maintain a holiday home through the year or rent lodgings by the day when you go on your annual vacation.
Does it make sense to buy into vacation ownership?
Certainly; provided you avail of your holiday every year or even every alternate year! Once you have taken a decision to buy into a Vacation Ownership, it is a great way to ensure that you have quality holiday accommodation at an affordable price. A carefully researched Vacation Ownership purchase gives you the benefit of long-term savings and as you will discover further on, it will even give you opportunities of making some money on your purchase.
What is the best price for a vacation ownership?
There are several factors that could affect the price of your Vacation Ownership; the week you buy, the location of the resort, the size of the accommodation, the facilities offered at the resort, the season your week belongs to, the promoters behind the resort etc.
Is vacation ownership and holiday ownership the same thing?
Yes. Holiday Ownership is simply another name for Vacation Ownership. A holiday could be a day or set of days off from work, while a vacation is clearly a trip usually with family or friends away from home at a popular tourist destination or simply close to nature. Vacation Ownership is clearly a preferred name amongst vacation owners.
What are the benefits of buying into vacation ownership?
There are several benefits of buying into Vacation Ownership. We have listed the few most important ones: 1.Resorts that offer vacation ownership are usually at the most desirable destinations around India and the world. 2. Your vacation ownership gives you the feeling of a home away from home as most resort units are equipped with an independent kitchen that provides for privacy and independence of cooking style. With wide varieties of Indian food habits, this is an attractive facility for vacationers when traveling across India and especially abroad. 3. The cost of vacation ownership is a fraction of the cost of owning your own vacation home. It is yours to enjoy for a fixed period of time (depending on the scheme you invest in), for as long as 25-30 years! With the spiraling prices of travel across the globe, this also proves as a hedge against inflation as your future vacation costs are locked in at today's prices. 4.Vacation ownership resorts offer quality accommodation, useful and well maintained amenities and a wide range of recreational activities aimed at providing fun for families - swimming, table tennis, badminton, tennis courts and horse riding etc. All of the above make it ideal for repeat vacations. 5. Vacation ownership offers flexibility of use and a variety of experiences through exchange options and peripheral benefits offered through an exchange company like FSE. 6. Vacation ownership offers a better price and greater value than a conventional hotel room as it usually comes with an apartment that can accommodate a minimum of 2 and a maximum of 6 adults.
What are the different types of vacation ownership purchase options?
Availability of purchase options varies from resort to resort – however the most common options for the customer to choose from are: 1. Fixed week: The oldest and most popular option is the fixed week type. Here, weeks of the year are numbered from 1 - 52 and the resort offers you the option to purchase one or more weeks to be used at the same time each year, in a fixed unit. 2. Floating week: In this option you can buy into any 1 week of the year. The owner is not assigned a week number and the unit assigned can be of any size as per requirement and is subject to availability.