Tag Archives: timeshare news

Report: Sales of Vacation Homes Drop for Second-Straight Year

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vacation homes

For the second-straight year, a significant drop in the sales of vacation homes has occurred among American travelers. According to a report by the National Association of Realtors, rising prices and financial uncertainty contributed to the continued decline, marking a clear trend of restraint among frequent vacationers. The new numbers may also indicate a turn toward vacation alternatives, such as timeshare ownership.

Overall, vacation home sales in 2016 dropped by more than 21% from the previous year, a significant change from years past when vacation home sales were rising extraordinarily. The drop in 2016 was preceded by an 18.5% decrease in 2015, totaling a two-year plummet of 36%. While those seeking to flip vacation homes into investment opportunities continued to make real estate purchases, a volatile financial market caused many who plan to personally use vacation homes to pause.

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Emerging Timeshare Industries to Watch [Infographic]

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timeshare industries

The global timeshare industry has seen significant growth in recent years due to increased occupancy rates at ownership resorts and heightened incentive for vacationers to become club members. The news is good for a number of reasons—on one hand, current owners will benefit from a more competitive market by experiencing greater owner benefits and services. On another hand, newer, more efficient vacation ownership solutions will undoubtedly become available for prospective buyers.

Vacation ownership is alive and well in lucrative markets such as the U.S., the Caribbean, Europe, and elsewhere. But several smaller timeshare industries are starting to gain steam and drive revenue, encouraging growth in areas that have never been strong markets for vacation ownership. Between already-established areas changing legislation and welcoming new developers, to nations new to the concept of timeshares altogether, the industry is taking off around the globe.

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Train Vacation Timeshares are Gaining Steam

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A new trend is taking hold in the vacation ownership industry. Luxury train vacation timeshares are becoming increasingly popular, as travelers prefer more diverse vacation solutions. One-upping flexible and modern vacation club memberships that offer different lodging solutions, these new train timeshares are offering a product all of their own. With “trainshare” solutions coming by the end of the year, vacation ownership aficionados will have another option to consider for their yearly trips. So, what do you say—are you ready to trade in that villa or condo overlooking the ocean for your own train car?

All Aboard the Trainshare Express

Train vacation ownerships are the brainchild of America’s Trains Inc., an operator of luxury trains traveling across the U.S. Their popular all-inclusive journeys on passenger railroad cars will be offered in timeshare form by the end of 2017. Here’s how it works:

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$12.5 Million Dollars Spent On Resort Renovations on Royal Coconut Coast

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Resort renovations on Hawaii's Kauai Coast

Kauai’s Royal Coconut Coast is about to get a much deserved makeover. Four resorts on Kauai’s famed East Side are investing over $12.5 million in renovations, including improvements to its rooms, grounds, and buildings.

Since 2012, the cost of total renovation investments by the Coconut Coast Resort Association will now approach $43 million, with $9 million spent in 2014 and a combined $20 million spent in 2012 and 2013.

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Timeshare News 2016 Recap

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news review

As we ring in the year 2017, it’s always good to take the time to reflect on the year gone by. At SellMyTimeshareNow.com, it’s only natural we want to take a look back on all the timeshare news that has happened within the industry. From acquisitions to new resorts, there was a full year of news! Take a look at the top five timeshare news 2016 stories that engaged and excited us.

January – Marriott Buys The Strand Hotel

Mid January, The Strand Hotel in NYC was purchased by Marriott Vacation Worldwide. This means The Strand will now be included in the desirable Marriott Vacation Club vacation ownership program. The rebranding happened as quickly as March 2016 and was opened to Marriott Vacation Club shortly thereafter.

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