Friday, October 30, 2009

Timeshare Companies Seek Relief from Continued Losses on Sales

Timeshare resorts and hotels offering winter attractions and facilities are expecting better sales this coming season. Of late, many timeshare companies have been suffering heavy losses on sales and revenue with the droves of timeshare owners who are getting rid of their timeshare vacation packages. Most potential timeshare patrons today are more hesitant to spend on new timeshare purchases. In addition, existing timeshare owners are wishing to be free from their timeshare due to the expenses required in maintaining timeshares. Timeshares in off-peak and seasonal locations are more affected by the weakening of the industry with extreme losses in sales during the last season.

Moreover, timeshares in warmer regions are also expecting better sales this coming holiday season. One of the top ranked destinations this coming winter is Dhubai with Thailand, Egypt, Antigua, and Australia following close. Dhubai has recently gained worldwide attention due to its massive infrastructure projects on tourism. Today, there are countless timeshare resorts and hotels located in Dhubai, and the country boasts of one of the only two Seven Star hotels in the whole world, the Burj Al Arab. However, timeshares in Dhubai still possess the perpetual scourge of many timeshare owners in the world—timeshare maintenance fees.

Winter location and warm region timeshares all have something in common, timeshare maintenance fees. The presence of these hefty fees has indirectly caused, to a certain extent, the current state of the timeshare industry. Many timeshare owners have been availing of any form of timeshare relief available just to be free from their timeshares. This phenomenon has resulted in much lower revenue for many timeshare companies around the world and consequently affected the general state of the timeshare industry itself.

No comments:

Post a Comment

Shared Timeshare Ideas