When you consider that there are around 500 000 timeshare owners in South Africa, and more than 20 million globally, who enjoy annual vacations year after year – you begin to realise that the ceiling for this industry is incredibly high.
But the truth of the matter is that if your idea of a vacation means sleeping on a relative’s couch, then timeshare is most likely not right for you. However, if you are an avid vacationer who invests time and money in creating memorable vacations in sought-after destinations – then here’s why buying timeshare is a good idea.
Timeshare saves you money because you are paying for a number of years holidays upfront at today’s prices, which means safeguarding your holiday costs against inflation and peak season rates. If you calculate the expense of owning and maintaining a holiday home that is only used once or twice a year, it makes financial sense to share the cost between several owners.
One of the best parts of owning timeshare is the guaranteed levels of quality. Instead of a hotel family room with a sleeper couch or the lack of privacy at a B&B, timeshare has home-like accommodations with a full facility. Step outside your door and you have the country’s best beach, bush or berg destinations and resorts packed with on-site amenities.
Once you have bought timeshare there’s lots of choice in where and when to travel, the duration of your vacation and the size of your accommodation. You have the option to rent out the timeshare space or give it to family and friends to enjoy. Through exchange companies you have access to explore other destinations around the world.
The Vacation Ownership Association of Southern Africa (VOASA) is an industry body that provides consumers with assistance when purchasing timeshare to safeguard them against fraudulent business practice. VOASA also serves to ensure that high standards of ethics are upheld by its members, who include reputable companies that have been in the industry since the early 1970’s.