• Blog
  • About
  • The Basics
    • Marriott Vacation Club >
      • Marriott Vacation Club Properties
    • Hyatt Residence Portfolio Program >
      • Hyatt Residence Club Portfolio Program Properties
    • Hyatt Residence Club >
      • Hyatt Residence Club Properties
    • Hilton Grand Vacations >
      • Hilton Grand Vacations Locations
    • Westgate Resorts >
      • Westgate Resorts Properties
    • Vistana Signature Experiences >
      • Vistana Signature Experiences Properties
    • Interval International
  • TTG Facebook Group
THE TIMESHARE GURU
  • Blog
  • About
  • The Basics
    • Marriott Vacation Club >
      • Marriott Vacation Club Properties
    • Hyatt Residence Portfolio Program >
      • Hyatt Residence Club Portfolio Program Properties
    • Hyatt Residence Club >
      • Hyatt Residence Club Properties
    • Hilton Grand Vacations >
      • Hilton Grand Vacations Locations
    • Westgate Resorts >
      • Westgate Resorts Properties
    • Vistana Signature Experiences >
      • Vistana Signature Experiences Properties
    • Interval International
  • TTG Facebook Group

The Basics

8/16/2016

Comments

 
Picture
Timeshares are extremely complicated.  It is a topic that comes up over and over.  In order to try to make things as simple as possible, I want to include some basic understanding of various flavors of timeshares and the overall way to fully maximize ownership and plan fantastic trips.

Generally, a timeshare gives the owner the ability to use a specific week at a resort.  This general concept as changed overtime and various mutations of this general concept has emerged.  There are now fixed weeks, floating weeks, rotating weeks, fractional ownerships, points based systems, vacation memberships, travel clubs, and others.

In order to uncomplicate things, lets briefly review each type.

Fixed weeks:  Fixed weeks are just that. The right to use a specific week at a resort.

Floating weeks:  The owner has the ability to reserve one week out of many weeks.  These floating weeks are usually tied to a certain season.

Rotating weeks:  The owner can use one week one year and another week another year.  These generally rotate annually.

Fractional ownerships:  Fractional ownerships generally allow the owner to use a specific unit for a certain amount of time per year.  This can be monthly or based on a specific amount of days.  Many times, a fractional ownership will allow an owner to use a specific week along with a certain number of additional nights.

Points systems:  Instead of owning a specific unit, you are giving points which act as a currency to reserve units.  The amount of points will vary for different weeks, resorts, and size  of units. 

Vacation Memberships:  Generally, you would pay an initial fee or membership fee for the ability to use a certain amount of time a resort.  You could also obtain a vacation membership which would allow owners to receive discounted accommodations.

Travel clubs:  Travel clubs are similar if not identical to vacation memberships.  Each program is different so it could just be a difference in marketing terms.

Overall, each type of "timeshare" allows an owner to use or reserve a unit at resorts during specific times during the year or based on availability.  Each program is different and we will go through various programs and highlight the benefits and issues with each one along the way.

Comments
    Advertising Disclosure

    Archives

    April 2020
    March 2020
    April 2019
    March 2019
    February 2019
    January 2019
    December 2018
    November 2018
    October 2018
    September 2018
    August 2018
    July 2018
    June 2018
    May 2018
    April 2018
    March 2018
    February 2018
    January 2018
    December 2017
    November 2017
    October 2017
    September 2017
    August 2017
    July 2017
    June 2017
    May 2017
    April 2017
    March 2017
    February 2017
    January 2017
    December 2016
    November 2016
    October 2016
    September 2016
    August 2016
    July 2016

    RSS Feed

    Categories

    All
    Basics
    Costa Rica
    Credit Card Offers
    Credit Card Strategies
    Exchanging
    Extra Vacations
    Getaways
    Giveaway
    Guest Posts
    Guru Deals
    Hawaii
    Hilton Grand Vacations
    Hotel Points
    Hyatt
    Hyatt Pure Points Program
    Hyatt Residence Club
    Hyatt Residence Club Portfolio Program
    Interval International
    Marriott Reward Points
    Marriott Vacation Club
    Promotions
    Rci
    Reviews
    SFX Resorts
    Ski
    Southwest-airlines
    Starwood
    Timeshare
    Timeshare News
    Timeshare Presentation Offers
    Timeshare Presentations
    Timeshare Resales
    Timeshare-scams
    Timeshare Strategies
    Travel-related
    Travel Tools
    Vistana
    Wesgate-resorts

    Archives

    April 2020
    March 2020
    April 2019
    March 2019
    February 2019
    January 2019
    December 2018
    November 2018
    October 2018
    September 2018
    August 2018
    July 2018
    June 2018
    May 2018
    April 2018
    March 2018
    February 2018
    January 2018
    December 2017
    November 2017
    October 2017
    September 2017
    August 2017
    July 2017
    June 2017
    May 2017
    April 2017
    March 2017
    February 2017
    January 2017
    December 2016
    November 2016
    October 2016
    September 2016
    August 2016
    July 2016

Home

Privacy Policy

Terms of Use

Contact

Copyright © 2020 The Timeshare Guru Inc.
  • Blog
  • About
  • The Basics
    • Marriott Vacation Club >
      • Marriott Vacation Club Properties
    • Hyatt Residence Portfolio Program >
      • Hyatt Residence Club Portfolio Program Properties
    • Hyatt Residence Club >
      • Hyatt Residence Club Properties
    • Hilton Grand Vacations >
      • Hilton Grand Vacations Locations
    • Westgate Resorts >
      • Westgate Resorts Properties
    • Vistana Signature Experiences >
      • Vistana Signature Experiences Properties
    • Interval International
  • TTG Facebook Group