The History of Timeshares

Timeshare first began in the beautiful Swiss Alps in the 1960s. European families, vacationing in the Alps, determined that it was more affordable for several families to jointly own one chalet and to take turns sharing it for a period of time, rather than individually owning vacation homes. European resort owners built on that concept and began to sell one or two weeks at a resort area to individuals and families on a "time share" basis rather than selling individual year-round condominium units.

When Did Timeshare Begin in the United States?

Timeshare made its entrance into the U.S. market in the 1970s and has come a long way since then! The early timeshare projects, mostly in the south, were started by independent developers who took a lot of marginal motels and hotels and converted them to mostly one bedroom and efficiency timeshare units. Timeshare was popularized in condominiums and resorts throughout the country. In 1974, exchanging or swapping an ownership week first began.

Growth of the Industry

Since its introduction into the U.S. market, the timeshare industry has exploded! It is presently the fastest growing segment of the hospitality industry. Since 1990 alone, the industry has grown 75% in terms of timeshare resorts developed and households purchasing timeshare. Over 4 million households world-wide in more than 190 countries own timeshare. Over 3 million Americans own vacations rather than 'renting' a vacation.

Timeshares 4 Sale

Why is it that a man wakes up in the morning

in a bed he timeshares with his wife,

rides to work in a timeshared carpool,

works in a timeshared office building,

goes home and watches a television

that he timeshares with his family,

and takes them all on vacation at timeshared hotels.

then he refuses to purchase a timeshare unit,

says a timeshare unit cost too much,

and continues to vacation at a timeshared hotel room

at three times the price?

If you believe in spending your money wisely,

invest in a timeshare unit today.