We’ve heard it before. And the news continues, unabated.
MD Club Leisure Group, Shaun Lamont says despite the current economic recession globally, timeshare is resilient. People still want to holiday – and having acquired timeshare or points, they will travel. For the non timeshare holder, travelling has become limited as budgets are tightened and luxuries such as travel are put at the bottom of the list of “things to do”, but with timeshare or points, the product choice is vast, and already paid for. Hotels across the world are increasingly allocating a portion of their rooms to the vacation ownership exchange business because it acts as a buffer in hard times.
The industry is growing, globally (6 per cent), and has proven hardy in previous economic shake-ups, to a large extent people recognize life’s uncertainty, and want to make the best of their acquisition and use of it as long as they can.
Full text of article here (Source: TravelWires.com)