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.

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."

1. There is a wide variety of selections
   
   There is a wide selection of timeshare units on the resale market. This is due to the fact that many timeshare owners are listing their unwanted timeshares on advertising sites and sell it out. Although timeshare companies also has a wide selection of timeshares, the problem is timeshare buyers may have to jump from one company to another in search for the for a timeshare located at a destination of their choice.


2. Cost Price is lesser
   
   Since it is a resale sale, the cost are lesser than brand new units. Prices of timeshares on the resale market are usually cut down half of its original price. Timeshares units from timeshare companies, on the other hand, are expensive considering that it is brand new. In fact, the price can reach to tens of thousands of dollars due to the advertising cost that timeshare developers shouldered in promoting them. However, there are extra benefits that timeshare companies offer for timeshare buyers. This extra benefits take the form of discounts, bonuses and freebies.


3. Convenience in purchasing
   
   Nothing compares to the convenience that online buying brings. Timeshare buyers don’t have to personally visit timeshare resorts and sit in timeshare presentations just to acquire the one. With timeshare resales on the web, customers can browse more options of timeshare units and can even take there time in deciding for the best purchase.