I've been researching the pros and cons of owning a timeshare vs. owning a luxury resort membership. Do not shell out ridiculous prices on timeshare by buying from the resort developers and timeshare companies who typically trade timeshares at as high as 50% than the usual costs; as an alternative, you should buy a luxury resort vacation membership.
My research has revealed that more people are better off with a luxury resort vacation club over a timeshare. For instance, most "quality" timeshares cost anywhere from $10,000 (on the extreme low) to $25,000. Not only that, timeshares usually come with a limited number of weeks per year, have some sort of annual maintenance dues and you usually have to book almost a year in advance! I don't know about you, but I don't really like "strings attached" or restrictions when it comes to almost anything I can think of.
My research also revealed that the United States has been (and is still) the country that has the largest buyers and sellers of timeshares. As far as the statistics on timeshares is concerned, over 3 million households in the United States own about 5 million timeshare weeks in over 1,500 resorts. Most people are satisfied with the timeshares they bought; this was proven when the American Resort Development Association revealed in its study that "over 80% of timeshare owners were satisfied with their purchases".
Even with these statistics, what seems to be a better alternative is a luxury vacation membership club. I feel that the mainstream public is not aware of luxury membership clubs and that is a big reason for the favorable timeshare statistics.
These luxury vacation memberships grant access to 5-Star Luxury Resorts worldwide. The cost of these memberships is usually considerably lower than the costs of a timeshare. For example, Global Resorts Network offers a 100-year lifetime membership for 5000+ luxury resorts for the low price of $2,995. That's substantially cheaper than any timeshare I've researched! This membership gives members unlimited weeks to these resorts at discounted prices starting at $298 per week. That is per week and NOT per night, and unlimited weeks, as opposed to timeshares, which only allow one week per year. Luxury travel club members not only enjoy discounted travel accommodations, but discounted Cruises, Fights, Hotel Stays, Car Rentals and more.
You can book your vacation as little as 48 hours in advance, and you can take up to six people. Those are just a few of the many benefits to owning a luxury travel membership.
When it comes to buying a timeshare or a luxury vacation membership, either for pleasure or profit, ignorance is not bliss; learn all you can about the different aspects of timeshares vs. luxury vacation memberships so that you won't be taken for a ride by anyone, whether a timeshare company or a timeshare buyer.
Thanks to the wonder of the Internet, you don't have to go out shopping for the right timeshares or luxury vacation memberships; with the Internet, you can do the search right from the comfort of your home or office.
If you are interested in owning your own luxury travel membership and would like more information, visit http://www.luxurymemberships.com/ and learn more about the benefits of being a luxury vacation club member.
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