$29 Million in Timeshare Rental Offers Highlight a Fast Growing Segment of the Vacation Industry
SellMyTimeshareNow recorded an increase of 170 percent in offers to rent timeshare year-over-year for the second quarter of 2008.
Dover, NH (August 6, 2008) -- With offers to rent timeshare already up by 170 percent over the past year, SellMyTimeshareNow, a leading timeshare resale and rental advertising company, points to timeshare rentals as one of the fastest growing segments of the timeshare resale industry. Founder Jason Tremblay explains, "Last October we created Rental Assist to enhance our service to clients who want to rent timeshare. People recognize that renting timeshare is a cost-effective way to enjoy luxurious vacation property."
The privately held Dover, NH based timeshare advertising and marketing company posted impressive second-quarter growth numbers. Timeshare offers to buy or rent through SellMyTimeshareNow average more than one million dollars per day, with offers to rent timeshare totaling $29,922,343 through the end of the second quarter this year.
SellMyTimeshareNow's Rental Assist manager, Peter Emery, says, "Rental Assist works directly on behalf of the customer. As far as I know, there are no other programs on the Internet like this." He adds, "Rental Assist has tripled in staff and I expect that expansion to continue. This is a direct result of our new outreach programs designed to facilitate renting timeshare."
Emery goes on to explain that the advantages of renting a timeshare over a hotel are huge, with lower cost, for the most part, and larger accommodations on average. Additionally, there are often amenities including kitchens, dining areas and in-unit washers and dryers that hotel rooms rarely offer.
While other segments of the vacation industry are feeling the pinch of a tight economy, timeshare resales continue to thrive. Recognizing that demand and interest in timeshare rentals were growing, SellMyTimeshareNow created their Rental Assist program offering in-house client matching for timeshare renters and available timeshare rentals. Timeshare owners can use their timeshares as rental properties, offsetting their own fees or payments during times when they have chosen not to use their timeshare themselves.
SellMyTimeshareNow's website advertises timeshares for sale or rent, building a vast inventory of available timeshare properties. Consumers from anywhere in the world can easily buy timeshares or rent timeshares at a discounted price, with the number of offers to buy or rent timeshare through the website up 56 percent over last year. They deal directly with the current owner, shopping online for the vacation resort that fits their needs and their budget. In 2007, over $274 million in offers to buy or rent timeshare were made for timeshare advertised on the company's website.
SellMyTimeshareNow provides advertising and marketing for timeshare owners who want to sell timeshare or rent timeshare. In less than five years, the company has become the recognized global leader in the advertising and marketing of timeshare resales and timeshare rentals via the Internet. For 2007, SellMyTimeshareNow presented its customers over $274 million in offers to buy or rent timeshares.