We’re approaching one of the busiest times of the year in the timeshare world. Many owners are planning their winter getaways or looking into exchange options, bills for annual dues are arriving in the mail, and others are starting to look into selling their timeshare. As specialists in the timeshare resale space, we see many reasons why people seek to sell a timeshare—people from all walks of life own intervals in all parts of the world, and with this great variety comes a great deal of motivations behind seeking relief. Recently, we’ve been listening to your comments and concerns regarding your timeshare, and have compiled a report of the most common reasons behind turning to the resale market.
You might be wondering how to sell a timeshare in the first place. Choosing to sell your ownership on the resale market is not always an easy one to make, but there are resources out there to help you. With our innovative for-sale-by-owner ads, you can create a high-quality virtual advertisement for your property and attract interested buyers or renters from all over the world within our high-traffic marketplace. For more information, read up on how to sell your timeshare.
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So far in 2017, we’ve seen a number of events that have dealt serious damage to many popular vacation spots. Hurricanes in the Gulf and Caribbean, wildfires in California, and earthquakes in Mexico have caused billions of dollars worth of damage and proved to be very serious and life-threatening events. While the main concern following these events is helping places impacted to recover and rebuild, it prompts a serious question within the travel industry—should timeshare owners buy travel insurance?
How Travel Insurance Works
Travel insurance covers your vacation investment in case you are unable to travel to your destination. For example, those who become sick or hospitalized and cannot travel could have a large portion of their trip, if not all of it, reimbursed to them. In the event of bad weather or natural disasters, travel insurance could come in handy in ensuring you don’t lose your investment on your trip.
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Last week, Hurricane Irma brought devastating winds, rain, and storm surges to many popular travel destinations throughout Florida and the Caribbean. With the storm currently dissipating over the continental United States, many of the Western Hemisphere’s most frequented travel locales are dealing with the destruction left in the storm’s wake. Hurricane Irma damage extends from the Leeward Islands all the way to the Florida Panhandle, leaving many timeshare owners concerned about their home resorts and any impending alterations that may come with next year’s maintenance fees.
We’ve compiled a list of popular resorts and locations that have sustained significant damage for your convenience. For concise and accurate answers about any reservations you have made at your timeshare, reach out to your resort’s customer service department. This is a developing story, and we’ll update this post as the storm clears and more information about closures and damages is obtained.
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For Disney Vacation Club members, DVC points are the cornerstone of any timeshare ownership. Point values determine where and when you can travel within the club, and can change each year. With DVC releasing so many announcements following this month’s D23 Expo, timeshare owners have turned their attention to the DVC point charts to see if any changes have occurred.
Many of Disney’s announcements had to do with theme park upgrades and the addition of new services. Disney World’s Star Wars-themed park will debut in 2019, with plans for a similarly themed hotel to open on the grounds as well. Other new additions include the Copper Creek Villas & Cabins, which have already opened their doors on the Wilderness Lodge property in Florida. While DVC members have plenty to be excited about, 2018 will hold more of the same in terms of DVC points.
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Typically when having a discussion about timeshare exchange, the conversation revolves around RCI and Interval International. Offering thousands of resorts in dozens of countries all over the world, the two exchange companies are goliaths in their industry.
While both RCI and II offer an expansive catalog of options, there are a number of independent exchange companies that have established their own niche within the industry. Explore these ‘alternative’ exchange options and you just might find one that’s more suitable for your ownership preferences.
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