According to the ARDA, there are 9.9 million timeshare owners in the USA, with most resorts boasting over 77% occupancy annually. That’s a good indicator that this vacation concept works well for most families who’ve signed up for timeshare agreements.
However, there are still those who find the concept does not meet their needs. If you’re one of those people, there’s a good chance you’re ‘doing it wrong’.
Keep reading to find out how you can make the most of your timeshare resort and everything it has to offer.
Plan Your Vacations
One of the biggest complaints among timeshare owners is not getting the accommodations they want when they want them.
The simple solution is to be flexible and book your space as early as you can.
If you belong to one of the major timeshare schemes like Disney Vacation Club, Westin Timeshares, or Hilton Grand Vacations, you can use your points at many resorts across North America. Some of these clubs also offer other types of vacations, like cruises.
Before you call to make your reservations, compile a list of at least three preferred options. That way, you can quickly switch to another location if your first choice isn’t available.
Trade Your Timeshare Resort
For those who’d like to explore further afield, trading your week with RCI gives you access to thousands of resorts across the globe.
You’ll need to sign up for a membership with this exchange company, which costs around $100 annually, and pay an exchange fee based on the resort you choose. In return, you’ll get access to timeshare weeks owned by millions of other timeshare owners.
Overall, the costs of exchanging via RCI are still far cheaper than renting the equivalent accommodation both at home and abroad.
Invite Family and Friends
Most timeshare units have more than one bedroom, with some boasting space for up to eight people. Taking friends along on your vacation and splitting the costs is one of the best ways to recoup some of the costs associated with a timeshare.
You’ll also have a lot more fun when you’re spending time with like-minded people.
Rent it Out
If you can’t make it to your annual vacation any year, you can try renting it out. This is sometimes a risky endeavor, but it’s a great way to bring in money toward the ongoing costs of owning a timeshare.
You can rent your week or weeks to people you know or advertise them to the public. It’s best to book a sought-after resort during peak vacation season if you want to maximize this option.
Live it Up!
Owning a timeshare is an expensive undertaking, but it offers several benefits to owners. These include affordability, flexibility, excellent amenities, and good quality accommodation.
When you know how to access these perks, you’ll soon realize the value you expected when you first bought your timeshare. So, plan well, keep an open mind, and take full advantage of everything on offer. Would you like some more useful lifestyle tips? Keep browsing our website.
