Every year, Ernst and Young publishes State of the Vacation Timeshare Industry: United States Study.
The study not only includes sales data, but things like occupancy rate, rental rate, income from various sources, states with the most resorts and so on.
Now let that sink in for a minute.
10.4 MILLION nights of timeshare were rented out in the US in 2015.
The report also said that at any given time 16% of a timeshare resorts’ rooms are rented out to non owners.
How do they find these renters? It only takes a second to see that any number of websites are selling off timeshare nights to anyone with a credit card.
The problem this has created is that this reduces the inventory available to YOU when you get ready to go to your resort or make an exchange. All those nights have already been sold off wholesale to online travel companies.
But there’s more. What was the income from renting out these timeshare (your timeshare) nights?
So there’s the reason they rent out those nights. They think ahead about their estimated vacancy rate and sell off those weeks.
Don’t get mad. Just get even.
I say, sell your timeshare and be done with the whole thing. Say good bye to your maintenance fees, and those annoying resort “updates” that always end up being an up-sell opportunity for them.
Use a timeshare resale broker to sell your timeshare so that you can not only get the most money but have a licensed broker take care of the transaction for you.
There’s no better way to be done with the whole timeshare ordeal than to get it sold.
Just my 2 cents!