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What is Vacation
Ownership? The
idea behind Vacation
Ownership is simple. You
purchase a furnished resort
accommodation at a fraction of whole ownership costs. You own a
holiday unit but only for the amount of time you plan to use it.
The purchase of your
holiday in a Vacation Ownership resort gives you the right to use
the unit completely furnished and the facilities on site: reception
open 24 hours,
bars,cafes,restaurants
maintenance and
cleaning, animation and shows etc.
Exchanging the
destinations; Vacation Ownership gives you the opportunity to visit
exciting destinations and enjoy quality
accommodation across the world, year after year.
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The
Vacation Ownership
industry is over
30 years old, and generates revenues of over $9.4bn per annum.It is
forecast to grow twice as fast as overall world travel and tourism
of the next decade. Today their are 6.7 million Vacation Ownership
owners worldwide, of which over one and a half million reside in
Europe alone.
The modern Vacation
Ownership concept provides holidaymakers with a unique combination
of consistency and choice. Consistancy,in that holiday makers can purchase the rights to their
perfect holiday venue into the future.
Choice, in that
these rights can be exchanged, through dedicated international
exchange company RCI for other high quality holiday venues
worldwide. |
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The Vacation Ownership
concept began in Europe in the 1960s as an innovative way for
increasing holiday choice, Instead of booking a week or two at a
resort every year, or purchasing a holiday property outright,
Vacation Ownership offers holiday makers the ability to buy rights
of occupancy in a property, typically in multiples of one week, for
either a set period or in pertuity.It puts a holiday home within the
reach of millions who could never afford to buy a property.
Once consumers have
purchased their holiday time,they can either use it,pass it to
friends or relatives,or rent it out. |
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