It’s indeed true that a lot of people have settled in buying timeshare properties rather than just paying hotel accommodations or pay-per-day apartment for their vacation lodging. With the timeshare concept, they can save more. Timeshare properties are already fully-equipped with several bedrooms, bathrooms, kitchen, laundry areas, plus spas, tennis courts, fitness centers, swimming pools, bars, and even golf courses. It’s really perfect for a vacation, that’s why it is really not advised for people to share their timeshare properties.

However, several problems arise in maintaining a timeshare unit so people do not have a choice but sell their timeshare properties. If you are one of those people who continually pay for the annual fees that go with your timeshare property but cannot use your property anymore, then choosing to just sell it is indeed rational.

There are things to keep in mind before selling your timeshare properties:

In a traditional sale, what sellers are really up for is, of course, the profit. However, the timeshare resale industry is entirely a different thing. Most timeshare owners sell their timeshare properties because they want to get rid of it. Most of them just want to take back what they have lost, but not actually expecting profit. Once timeshare properties are used, they often lose their value. Hence, it’s still better to be able to sell your property at a low price than continue facing problems brought by the annual fees you are responsible of.

The price of your timeshare is dependent on its age, location, size, time of the year, and its several amenities. You can also take into consideration the annual fees which you have spent for it. What you need to do is to go and ask help from the timeshare developer or company who sold you the property. They will be able to help you find the real value of your property for the resale.

Most people ask timeshare resale companies for help in reselling their properties. Be wary of the agents and companies who approached you or those you found on the internet. Timeshare owners selling their properties have been the target of scammers these days. Do your research or ask some help from your state Attorney General for the legality of the companies or agents.

If you can do it yourself, go for it. You can save a lot of money and all the money you got on your sale goes to you. You need not pay agents or companies for services they rendered in selling your timeshare. With a lot of research, you can have a successful sale. You can also buy a timeshare resale kit. Those kits have everything you need in selling your timeshare property.

The Rocksure Property’s real estate fund for timeshare ownership, Capital fund has reached its progress in the 10 cities in Europe. All its records have reached up to $2.5 million which is $1.1 million of the offer that were invested by the company in the last 2 months.

Capital fund is the main backbone of some real estate properties in Paris and Vienna. These were the two places that contributed to the success of the company. The apartments in Paris offer a lot of amenities to its guests. It has two big guest rooms with bathrooms. The property will be available for the shareholders on late summer this year.

Overall, Rocksure’s Capital Fund offers cheap ownership to several properties in Vienna, Paris, Florence, London, Prague, Rome, Cannes, Marbella, and Barcelona. Since Capital Fund has reached its Milestone, one of the properties will be on hold to the Capital Fund, but after that, that property will be sold and the sale will be divided to all the shareowners of the property.

On the other hand, properties of full units at $138,000 will be available for the timeshare owners for 2 weeks every year. For the half units at half units at $69,000 will be available for the timeshare owners for 1 week per year. The timeshare owners are offered several benefits and amenities with their ownership. They can choose several packages of their 1 or 2 weeks of stay in the property.

Rocksure and Capital Fund will also offer what they call the Inter-fund booking. With that, the timeshare owners can easily exchange their timeshare property with other timeshare owners under Rocksure, but this time, they can exchange it with timeshare properties outside Europe. Rocksure Property is connected to 9 villas around the world.

Eventhough its recession time and everyone is tightening their belts, spending for a vacation still has something to shell out from one’s pocket. And what better way to celebrate freedom from the workloads that you left is to go to your timeshare property. The question is, do you have one?

Worry no more as there are already resales on timeshare units. We know that these timeshares are only second hand since they belong to the previous owners who bought it straight from a timeshare company. Nevertheless, if you chose one from a resale site, you still could experience the same first class services as this still belongs to that first class timeshare company member.

What you must do is to determine which timeshare resale company is legal. You may want to view some resales on eBay or meet up with independent timeshare brokers. There are plenty of sites to choose from since there are many owners who wanted to sell their timeshares because they no longer can afford to pay for its maintenance fees. But you must make sure that these companies are true. Visit the Better Business Bureau for a list of existing and legitimate reputable resale companies.

The price for a timeshare resale would cost you around 30%-50% of its original price. So you can already save a lot from it than purchasing from a timeshare company. But remember that even though it is a resale you are not exempted of the possible increase of its maintenance fees.
And by the way, timeshares are not investments. They simply are vacation places that you should enjoy. It is not like houses that increase in value. That’s why we have resales sold much cheaper than its original price.

Whichever timeshare resales you want, make sure that you are dealing with the legitimate one. With the increase of timeshare resales, scammers have tricked some owners to pay for upfront fees in exchange of selling their timeshares in the shortest time possible. There have been so many complaints received by the Attorney General Offices in many states. There were those who were lucky regain their money while some weren’t able to retrieve since the companies they dealt with were ghost ones.

Finding timeshare relief in Vermont is not really a difficult thing. With 20 timeshare resorts in Vermont, relief, relaxation and fun are not far away. It's wise to rent a timeshare first before owning which can lead to headaches down the road. Luckily companies like Timeshare Relief can help with this. By giving your Vermont timeshare the relief you need the people at Timeshare Relief will provide 100% satisfaction.

Going on winter vacation in Vermont can be so exciting and relaxing when it's done right. But if you ruin it by being the owner of a timeshare property it can become a disaster. If you took a trip to a resort such as the Smugglers' Notch Resort or the Sugarbush resort, located just 45 minutes from an international airport, you could easily make unforgettable fun filled memories. But being weighed down by the major hassle of a timeshare and seeing those upkeep and maintenance fees come year after year can put a damper on your fun.

The high risk that a timeshare will become an unreasonable financial burden and stressfully occupy your mind when you are on vacation is just not worth it. If you are the owner of a Vermont timeshare you need relief so you can fully appreciate what Vermont has to offer you. The only thing you should have in your head during vacation is what fun new aspect of Vermont you want to experience next.

When going to Vermont ensuring timeshare relief is just a call away and can save your vacation from becoming a miserable experience. A timeshare property is a lifelong commitment and you will be reminded of it year after year even when not on vacation. Is it really worth it to have this burden all year long when you only get to use it for one week?

Owning a timeshare is a serious commitment, but if you've already entered into a timeshare contract there is hope yet. The timeshare title transfer experts at Timeshare Relief can help you get the financial freedom you need and deserve so that you can fully appreciate a Vermont vacation. The truth of the matter is that in Vermont Timeshare Relief is just the way to go if you want to get the most out of a winter vacation experience and save yourself the stress of owning a timeshare.

A Vermont timeshare is just as expensive as a hotel or resort package would be in the market today. There is no sense making a lifelong commitment to your future vacationing in Vermont when you get the same enjoyment through a different method of planning your vacation. Being able to fully appreciate Vermont and have timeshare relief if the best way to enjoy your vacation getaway. So go talk to an expert at Timeshare Relief and find out for yourself how relaxing and worry free a Vermont vacation can truly be.

Over the years, timeshares have evolved. From the simple “why rent a hotel, buy the hotel’ slogan of French Alps in the 1960s to the additional amenities constructed for you to enjoy your unit. Today, the real deal with timeshares—timeshare exchange. This has been a fad for vacation lovers since it gives them the chance to experience a different vacation hotspot but still having the best facilities, amenities and vacation accommodations. This is the flexibility that timeshare offers that entices vacationers to avail this.

But not all timeshares are exchangeable. So if you want to avail this, you have to ask the company where you intend to purchase if they have this kind of promo. Some companies have tie-ups with other timeshare exchange companies. When you have signed their contracts, you automatically can avail of the exchange program. Usually, the first year is free. The succeeding years already require payments.

So, how does it work? The owner is entitled to trade his own property with a different timeshare property of a different timeshare resort. The units to be trade should be equivalent to the previous one. Say for example, if your current unit only has one bedroom, you cannot trade two bedrooms for this. But if you have two bedrooms and you intend to make it one this time, then there’s no problem at all. In short, it is advised to choose the unit that is quite similar to the present. This program gives you the kind of freedom to search for a comparable vacation spot without too much of a hassle since you can visit the unit at any time of the year.

There are two ways to do this. One is to go to the developer. The other one is to go straight to the company. Internal International (II) and RCI are two of the world’s popular companies that offer timeshare exchange programs. But if you prefer other companies, make a background check. The timeshare industry, like any other industry, is surrounded by scammers and frauds that are waiting for you.

Remember that depositing your timeshare unit to the inventory of timeshare company’s available weeks is not simple. The exchange only takes place when the requested week is in the inventory and the offered week by the owner is the ideal exchangeable week. It is very advantageous for owners who own timeshares in peak seasons since “they can request exchange both in peak time and off peak time periods”. Those with off peak timeshares also go with off peak timeshare exchange. Situations may vary because of some factors.

You are on their waiting list if you cannot avail of the program. They shall contact you only when there is an available exchange.

Timeshares have constantly served families through a paradise of vacation. What more can you ask for if you are being served with the best of the best facilities and amenities to make your vacation experience the most memorable and fruitful event of your year. You don’t easily give up such pleasures in life unless circumstances push you to do so. Just like the increasing maintenance fees associated with it.

Timeshare owners have continuously suffered in paying for their annual maintenance fees. These owners find ways in getting rid of their unit. Others have signed up to all social networking sites just so their property can be seen by millions of people. Some opted to hire a good timeshare broker who can make the greatest deal in the market.

Since the owner is new in the business, it is necessary to know the updates of the value of his/ her timeshare market. That means, the owner must be able to feed himself/ herself with the knowledge it brings so as to make the best deal of his/ her timeshare. But this takes time for first timers to understand the nature of how the timeshare market goes. And so, the best way is to hire timeshare brokers.

Timeshare brokers serve as a link between the timeshare owner and the client. Hiring an expert lets you save time and money in selling your timeshare. With their presence it will make transactions quick and fast.

But before purchasing transactions such as this, you must know what to look for in a timeshare broker. The broker must come from a reputable timeshare selling company. The broker presents the current situation of the timeshare market and tells the owner that it takes time to sell a timeshare due to the current financial dilemma. The broker must not hide any information that will be of help to the owner. Also, the broker makes sure that the price is the greatest value your timeshare could possibly be sold at.

Selling timeshare has never been easy, but if you entrust your timeshares to a legitimate timeshare broker, then it would not be a problem for you.

San Pearl Beach, a timeshare property in Bangladesh was recently built to add option in the timeshare industry vacation destinations. This new resort stole the hearts of the Interval International Exchange Network (IINE) directors. Thus, it is now included in the resorts IIEN recommend. San Pearl Beach also becomes the first resort in Bangladesh to yield to the timeshare industry.

According to Interval International’s executive director for Asia Joe Hickman, they expect San Pearl Beach to become a popular vacation hot spot. With its great amenities, it is impossible that vacationers around the world will be able to resist it.

This resort offers all-in-one package, from the basic necessities to the most luxurious entertainment and relaxation purposes. The resort has a cinema house, fitness gym, tennis court and club, clubhouse, several swimming pools, and restaurants. Owning a timeshare in there will give you great views and attractions. In each property, there are one or two rooms that have good view of the sea. The rooms depend on the choice of package.

Aside from the man-made rooms, San Pearl Beach also boasts of the natural and cultural things that Bangladesh offers, like the pagodas, temples, coastlines, coral reefs, waterfalls, to name just a few.

Since it first emerged in the French Alps with the slogan “No need to rent the room, but the hotel”, it became a hit for vacation-lovers and spread across US and Europe. As time goes by, the benefits just kept getting better like the ‘flexibility’ that they offer such as trading your unit with other timeshare properties, selling the unit, or renting the unit for additional income. A vacation exchange company such as RCI was established to guide and protect the clients. It made a lot of wealth that big time hotel chains such as Marriott, Wyndham, Starwood, Sheraton, Disney, Hilton, Hyatt, Ramada, Westin, and Ritz-Carlton invested into developing more and more timeshare units.

Owning a timeshare entitles you the rights to ownership. The rights here is boxed in which the said property is not actually under your name literally but rather you are entitled to the “rights to use” it.

Vermont, home of the maple syrup and maple sugar industry, also boasts for its luxurious, comfortable, convenient, affordable and a lifetime of unforgettable vacation. You will experience such at their maple syrup, dairy farms, covered bridges, and the green mountains.

Did you read it right? AFFORDABLE?

Since 2008, timeshare was doing no good at all. Top hotel chains had a serious drop on their timeshare sales. Some of them stopped further construction of the units. Others closed their sales offices and it prompted them to lay off some of their employees including the local workers.

Timeshare sales kept on getting worse each day as people have realized how impractical it is to obtain a timeshare property. Though there was a slight 10 per cent increase of sales in the early 2010, this was not noted significantly since timeshare unit itself depreciates every now and then.

Probably, the people have known that its upfront fee will do no good for their dream vacation but rather it would sort of be a nightmare for them in the future. Not to mention the escalating maintenance fees that they will be paying in the succeeding years. Maintenance fees are compulsory since this will take care of the upkeep of the unit from the cleanliness of the place to the utility bills. Maintenance fees let you not worry on updating your financial obligations.

But then again, who would want to pay for something that you only get to use for some couple of weeks in a year? Certainly not those who have work hard to get their hard-earned money.
Timeshare is more than just a waste of money. It could also waste your family if everybody is indebted with timeshare.

So instead of choosing any timeshare such as timeshare Vermont, think first of these and you might be enlightened.

Have you ever thought of purchasing a timeshare just because you wanted to experience a luxurious vacation? Now, think again after reading this article.

First you must know what timeshare is all about. Timeshare was conceptualized for the middle-class. This was in the 1960s in which these families wanted to own a vacation house. It gained popularity in the 1970s and more people were fascinated with it year after year.

But sad to say, in the year 2008, when the world experienced financial crisis, the timeshare industry was affected. Only a few people have subscribed to it. And many wanted to get rid of their units since they can no longer sustain the increasing annual maintenance fees. Are you more than willing to pay thousands of dollars for that timeshare unit which you can only try for one or two weeks in a year? Isn’t it impractical?

Plus timeshare owners are already tired of seeing the same place year after year. But then timeshare offers you the advantage of trading with other timeshare owners. Well lucky for you if you can spot for an available timeshare location. But most often, it is very difficult to locate one. So you’ll end up staying at your timeshare for the rest of your contract.

The major hotel chains such as Starwood, Marriott, and Wyndham have closed thousands of jobs and sales offices and laid off even local workers. Starwood and Wyndham have stopped the construction of timeshare units and decided to convert some of its units. On the other hand, Marriott continued building it since it is already at the end phase of the construction and they believe it would be better to finish it rather than abandon it.

Though for this year timeshare sales have raised a little bit, the increase is not that significant such that it encourages a significant number of people to patronize it again. We must consider the millions of dollars of timeshare loss noted for the past years especially in the last quarter of 2009.

Purchasing timeshare is not an investment. You don’t own it. You are only entitled of the rights to use the place in a specific span of time usually for 1 or 2 weeks time in a year. You won’t own that timeshare property forever.

Many people have misconceptions regarding timeshare as a tax-free property. Certainly it is not, as it is a capital asset just like that of the real estate property. In timeshare, you actually gain profits from it. Your timeshare unit will be income-tax qualified once it is owned for at least 1 year.

These are just some of the things that you should ponder upon before buying a timeshare. Be wise enough to spend your hard-earned money.

The number of scams regarding timeshare resales rings an alarm specifically in Florida. Florida has become a fertile soil where timeshare scams flourish. With many timeshare owners wanting to get rid of their timeshare, many resale companies are setting alluring traps for these timeshare owners.

One victim who fell for the trap was Sheila Newman, a client who became unhappy about her timeshares and decided to get her properties listed in timeshare selling websites. Two companies based in Florida responded telling her that all she needed to do was send a check since there are already buyers. It turned out to be a scam

Newman's case is nothing new. In 2009, most complaints that are mortgage related received by the Attorney General in Florida, Bill McCollum, is accounted for timeshare resales. These cases doubled in 2009 from 2008, specifically, there has been 2,719 complaints.

Another case is how a flight attendant was tricked into paying $600 upfront with a reseller, which has listed her unit for $18,000 on its website and printed fliers that she's never seen. This kind of fees can even reach to $5000.

With the cases of timeshare scams piling up, Atty. McCollum's office is reported investigating 17 companies in Florida who are engaging in anomalous practices in timeshare. The attorney general's office is said to conduct more investigations this year.

Late in 2009, two companies have been sued for allegedly accumulated $ 4 million monthly in fees alone from customers through Internet and telemarketing calls. Involved are Universal Marketing Solutions and Creative Vacation Solutions. These two were said to require "hundreds of clients" to pay $1,500 each and promising that they "would market and/or advertise their time share in an attempt to resell it, when in the truth is the time share was merely placed on a website, to which no Web traffic was directed."

The good news is that 1.6 million has been recovered out of customer refunds. The year 2009 made a record-breaking performance for consumer recoveries from timeshare.

The state of Florida being the hotbed for timeshare scams is not a surprise since there are a lot of timeshare properties found in Florida. Around 25% of timeshares are found in Florida. But these cases are not limited to the state of Florida. Attorneys general in Arkansas, Massachusetts, North Carolina and Oklahoma are also on the lookout for issues about the timeshare resale industry.

Summer is already coming. People may plan their vacations as early as now—where to go, what to do, etc. Most probably, resorts are now famous again in the minds of people who want to have a relaxing vacation. It is no wonder why owning a timeshare has become famous.

However, there are people who do not want to own their timeshare units anymore. It is because of its high maintenance fees, other fees, etc. With this, it seems like they are not happy and satisfied in owning their timeshares. Even if this is the case, there are still some people who remain satisfied and happy with owning one.

As mentioned, despite the costs, there are still people who buy timeshares. According to Andrew Gooch, a researcher who wrote about Update on Profile of Timeshare Owners Today, there are motivating factors that persuade these people to buy timeshare units. Specifically in USA, summer is already coming. In short, many people from there would want to visit resorts that could make them relax. And it will be a plus for them if they own a timeshare, since they already have a place to stay.

Gooch even mentioned that recent owners of timeshare are satisfied with what they bought. One of their reasons is they can have a vacation away from their homes. In short, these people most probably want to stay away from their houses during vacation to feel more relaxed with their timeshare atmosphere.

With this, one can see that despite the occurring problems with owning timeshares, people still see the benefits of owning one. As a matter of fact, Gooch also mentioned in his research that despite the current economy we have, that is an economy with recession issues, some people still think of not giving up their timeshare even with its increasing maintenance costs. However, more people are thinking otherwise.

More or less, despite the many people who are becoming quite unhappy with owning timeshare, there are still those who remain satisfied with their timeshare and do not want to give it up. It is only just a matter on how people value the timeshare they own.

Timeshares give owners the opportunity to take vacations every year, whether in the properties they own, or by exchanging their weeks in another shared vacation property. But nowadays, there are more and more owners who no longer want their timeshares and wish to give these up. Some give them up for financial reasons, while others do so because they no longer have the time to take vacations and utilize the timeshare yearly. Whatever the reasons, the fact is there are many shared vacation properties that go back on the market. And because of this surplus of options, an owner wishing to sell faces challenges in finally getting rid of the timeshare property.

Here are some ideas to help you when you decide to sell your timeshare online:

1. List Your Timeshare

The fastest and most convenient listing option is online, whether on your own website, on blogs, on social networking sites, or through a timeshare company. Explore various companies to find the one with the lowest listing and selling costs.

2. Post Photos of the Property

They say a picture is worth a thousand words, and when selling property, it can be worth thousands of dollars too. By putting up photos of the property for sale, you are already enticing potential buyers to take the next step. Since most vacation exchange companies already have stock photos of popular resorts, you can simply ask them to put the photos up.

3. Grab the Reader's Attention

While the pictures can convince prospective buyers to purchase, what will lead them to your page in the first place are the words you use. Employ a variety of styles and formatting options plus your descriptive talents to make the most eye-catching and convincing ads. For example, instead of saying “beautiful two-bedroom unit in Barbados,” say “breathtaking two-bedroom beachfront unit in Barbados.”

4. Ensure the Ad Contains All the Essential Details

These include information about the property, such as the exact location, the price, the number of bedrooms, the season and the week, as well as the yearly maintenance fees.

5. Convince the Reader to Purchase your Timeshare

While you may have squeezed all your creative juices to make your property as marketable as possible, so have other sellers. But what makes yours stand out from everyone else’s? Is it located near a mall, is it in the nearest resort from the airport, or can I bring my dog there? Sure, everyone’s timeshare property is “beautiful” or “luxurious” with “complete amenities” but what makes your timeshare unique? Why should buyers choose it over the others on the market?

6. Reply to Inquiries Immediately

Make sure you have answers to probable questions ready. Delaying client response by even a day or two may cost you the possible buyer already, so try to respond to questions within the day. Also, since most buyers usually ask the same questions, you can make a list of FAQs to save them the hassle of asking, and save you the trouble of replying to the same questions.

7. Be Willing to Negotiate your Price to Facilitate a Faster Sale

You can also be open to making concessions for the buyer if only to ensure the deal. For example, if the buyer cannot pay up front, offer to waive the initial year's maintenance fees provided he or she adds $500 to the timeshare’s selling price, to be paid over time.

Interval International, a global provider of timeshare vacation services and an operating arm of Interval Leisure Group (Nasdaq: IILG), has added Horse Country Resort, a resort that regularly hosts important horse shows and competitions, to its list of affiliates.

The timeshare resort is located along the west coast of the autonomous Italian region of Sardinia, the second largest island in the Mediterranean. It is a few meters from the beach and is surrounded by the lush greenery of the Arcidano and the Giara di Gesturi nature reserve, where Europe’s rare “small horses of the Giara” still run.

“Horse Country Resort is a truly unique vacation spot in one of Italy’s most appealing destinations,” said Darren Ettridge, Interval International’s vice president of resort sales and service for Europe, Middle East, and Africa. “The resort’s pristine setting and array of vacation amenities will appeal to a wide range of our members and is a strong addition to Interval’s vacation exchange network.”

Timeshare vacationers who are sports and horse enthusiasts will enjoy this equestrian hideaway, with its Equestrian Centre that includes courtyard stables, a practice area, and indoor and outdoor riding arenas.

Timeshare units have resort amenities, including swimming pools, restaurants, and a wellness spa. Timeshare vacationers can explore on horseback the beaches and the immediate environment populated by pink flamingos and other animals. The resort offers lessons in English and Western riding styles. There is also an authentic Western Village with a saloon, and a Tex-Mex restaurant.

Said Dr. Ettore Giachino, managing director of Horse Country Resort, “This is a place where inexperienced horse lovers can become expert riders over the years. But, it’s also where guests can simply enjoy watching skilled equestrians, relax in a natural setting, play sports, or indulge in spa treatments.”

“We chose to affiliate our resort with Interval International because of its high standards of quality and services and the professionalism of its sales team.”

“After several years experience in the tourism industry, the Horse Country timesharing project is the next step for us and we are convinced that Interval is the right partner to help us succeed in our goals,” Dr. Giachino added

Interval International, a pioneer in timeshare membership programs for vacationers worldwide, has an exchange network of over 2,500 resorts in over 75 nations.

Resorts are popular timeshare vacations. Here is the top 3 resorts voted by most timeshare users:

Number one on the list is Disney’s Beach Club Villas. It is located at Lake Buena Vista, Florida which boasts its Crescent Lake where you can enjoy the waterfalls, the circular river, the waterslide, and the tanning deck. It is also ideal for catching fish. To keep you fit, it has its Ship Shape Health Club with saunas, steam rooms, and massage therapy. Fine dining is also served at the Yachtsman Steakhouse. The Villas’ architecture is in itself a good sight to see. Children can have fun at the playground, at the high-tech game room, or at the Sandcastle Club while their parents relax after a long day. The place is also conducive for business meetings which are held at the Disney’s Yacht and Beach Club Convention Center

Next on the list of the best timeshare resorts is Disney's BoardWalk Villas which is also located in Florida. Likewise, the place is good for water activities such as fishing, water fun riding, and swimming. It has its own Muscles & Bustle Health Club. Sights and sounds of games and performances from artists fill the night. You can also drink and dine at Kouzzine and Big River Grille & Brewing Works. Like the Beach Club Villas, it also features playgrounds for children and accommodates business meetings.

The 3rd best timeshare resort is the hotel-like residence Manhattan Club of New York. The resort offers an easy access to the city’s destinations. You can enjoy its spacious suites and take breakfast or cocktail parties at the private lounge overlooking New York’s architectural designs. Its knowledgeable staff guides can arrange your day’s schedule from acquiring theater tickets to reserving dinners or any other special arrangements that will suit your needs. The state-of-the art fitness center can maintain your fitness routines. While on vacationing, you no longer worry about office works as it also provides you high-speed internet and other technologies necessary for work.

You can pick one now. Just be very careful to know the wise way in buying timeshare.

Officials of the renowned resort company announced last week that the planned two-tower 550-room expansion at The Hilton Hawaiian Village will be entirely timeshare units. Shared vacation ownership has become a fast-growing sector of the lodging industry.

The move comes at the heels of the success of the Grand Waikikian Tower, a timeshare projected completed in 2008 inside the Hilton Hawaiian Village. With the Waikikian tower having recently surpassed USD 1 billion in sales, officials believe it is only logical to look into getting more timeshare opportunities while the demand remains strong.

At a news conference announcing the project, Hilton’s Senior Vice President of Development for America Ted Middleton said, "This expansion will give us enough product to sell well into the next decade."

The first tower, a 37-story building with 300 units, will be built on the site of a bus-loading area along Kalia Road. Construction is slated to begin in 2013. Meanwhile, construction on the second tower, a 25-story, 250-room building on the site of the current shopping area beside the resort's parking garage, is projected to start five years later. Swimming pools and retail space will also be included in the two towers.

In recent years, hotel companies have been adjusting their room mix to include a larger share of timeshare units. Shared vacation ownership memberships give hotels higher occupancy rates, and therefore a more steady revenue stream, even during off seasons, because these units are prepaid.

Similarly, the Disney resort being constructed at the Ko Olina Resort will have a combination of 480 shared ownership units and 350 traditional hotel rooms. Kyo-ya Hotels & Resorts says the refurbishment of the Princess Kaiulani Hotel in Waikiki will also have shared ownership units.

There has been a sharp rise in Hawaii’s shared vacation ownership industry over the past decade. From about 4,815 units in 2002, there are now more than 8,000 units today.

"Timeshare obviously is one of the growth areas for the state," said Joseph Toy, president and chief executive officer of Hospitality Advisors LLC, a local visitor industry consulting firm.

"Previously most of the timeshare inventory had been concentrated in Kaua'i, and indeed we're now seeing the expansion of the timeshare market to the other islands."

In 2009, Claims Directive has received evidence that some European timeshare developers were still running illegal buy-sell stings. Every week the Claims Directive report on the timeshare buy-sell scam that was estimated to be catching over 400 European timeshare owners. This caused a lot of timeshare owners in Europe searching for timeshare relief.

Usually, most promises of a sale are made verbally by the persons involved. The sales pitch now involves a complex screen of smokes and mirrors in some of the contracts shown to Claims Directive, three of which are identified: First it may have the promise of buying a number of weeks to sell on at a profit within 12 months. Second is a rent out for a yearly income which has been loaded into the purchase price. Third is to be traded in for a profit in equity against Real Estate properties.

Those who have fallen for this scam have been left in the unfortunate position of being hit by a triple whammy. They have paid up to an estimate of 100,000 € to purchase extra timeshares. Then they find out that they cannot sell or rent leaving a maintenance bill of up to almost 10,000 € a year. Lastly is that they still own the original timeshare.

The resale value for timeshare in Europe is now at an all time low. Most of the developers don’t even wish to receive unwanted timeshares back for free. Real Estate prices in 2010 are still falling.

Almost everywhere, timeshare fraud easily spreads. Those owners wanting to get rid of their timeshares are easy targets. So when on a timeshare presentation, extreme caution should be used when offered a quick profit solution for time for timeshare disbursement.