Timesharing is removed as hotel occupancy drops
A Reuters Recent reports from the report that hotel occupancy in the U.S. is in some top vacation spots – not for lack of visitors, but because more people are choosing to invest in housing as permanent vacation ownership and timeshare in your favorite destinations.
According to Peter Yesawich, executive director of the travel agency Yatters advertising, it is easy to see why: "The pattern is as follows: visit destination, fall, acquiring the property.
The change is so important that Large hotel chains are jumping on the trend of time-sharing, expansion of home ownership to exploit the holiday boom. "Purchasers of time These shared hotel guests are natural, "said Scott Berman, head of the PricewaterhouseCoopers hospitality and leisure consulting practice.
Sales of timeshare property alone rose to $ 10 billion in 2006, up 16 percent since 2005, according to ARDA (the group of timeshare industry American Resort Developers Association). Today, more than 4.4 million people in the U.S. timeshare.
A similar trend is emerging in Europe. The Vacation home sales and record levels of timeshare approach this year, as timeshare products are gaining popularity on this side of the pond. Value money, living space, generous, self-catering facilities and a host of leisure services are among the reasons why more families are choosing timeshare.
While thousands of people return from holiday having found their dream place in the sun, the number of Britons buying second homes and timeshare properties abroad is set to soar this fall, driven by an exceptionally wet British summer this year. A new study just out of Moneycorp, the UK's leading specialist in foreign exchange, reveals that the number of people buying abroad rises by up to 26 percent in the months autumn.
The developers of European ski resort Club La Costa Resorts & Hotels reported recently of a summer record for its timeshare division, with occupancy rates at its resorts beating Spanish occupation average hotel in the Costa del Sol and its new Club La Costa Yacht Club, about to complete his first season in Mallorca, has been an unprecedented success.
Club La Costa President Roy Scire said, 'The Yacht Club has been exceptionally popular with our members, I am absolutely delighted. We have just announced our new winter sailing season in the Red Sea and will be back next year in Palma. With "vacation lifestyle" each increasingly popular, our philosophy remains simple and clear: Club La Costa is dedicated to providing wonderful holiday experience for our members. "
Spain, while Europe's top three destinations for timeshare remain mainland, the Canary Islands and France, Turkey and Morocco are two new stars rising on the map tourism. Americans on the other hand (when not vacationing in Hawaii, Florida or California) love Britain. A quarter of all Americans come to our costs for a change of scenery, the head put off by the British weather in Italy.

About the Author:

Richard Fletcher has worked for Club La Costa Resorts & Hotels for the past fourteen years as Resorts Management Director, overseeing the running of 22 resorts in the UK, Spain, Austria and Tenerife. He worked in hotel management in England from 1966 until his arrival in Spain in 1984 and operated resorts in Tenerife, Mallorca, Portugal and Marbella prior to joining Club La Costa.Timehare takes off

Article Source: ArticlesBase.com – Timeshare Takes Off as Hotel Occupancy Drops

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