What is the new way of timeshare?

Nowadays, there are many different types of vacation ownership. As times are changing, most brands are moving to a points-based model of ownership as opposed to the traditional same-week/same-resort ownership. This allows owners to have the most flexibility in their vacation options.



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Regardless of how similar or different they are from the timeshares of the past, today's arrangements are called fractionals, condo hotels, condotels, private residence clubs, destination clubs, or something else, but rarely timeshares.

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Unfortunately, though, it's easy enough to outgrow your timeshare after a period of time. In fact, Dave Ramsey says that 85% of timeshare owners end up regretting their decision. If that's the boat you've landed in, don't stress.

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It may be a shock to learn that timesharing, first invented in the 1960s, is booming. And it's millennials driving its growth, multi-billion dollars in annual sales, and ushering in a new era of timeshare traveling.

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A timeshare is not an investment, it's a vacation. It's also an illiquid asset that is likely to lose value over time. Ultimately, timeshares are like swimming pools, if you buy one, do so because you love the idea of owning it, not because you expect to make a profit.

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According to the U.S. Shared Vacation Ownership Consolidated Owners Report, 2018 Ed., more than five in six owners (85%) rated their overall ownership experience as excellent/very good/good.

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