Overview of timeshares

After purchasing the right to use for a period of time (i.e. one week), customers can enjoy a one-week vacation here every year. At the same time, customers also enjoy a series of rights such as the transfer, gift, and inheritance of time rights and interests, as well as preferential use rights to the public supporting facilities. Customers can also use the time slot they purchased to "exchange" for another time slot in any hotel or resort belonging to the same exchange service network, thereby achieving the purpose of traveling to different places for accommodation. In some developed countries, "timeshare" has become an important part of travel and leisure in ordinary people's lives, but for most Chinese people, it is still a strange and even misunderstood concept.

There are more than 60 "timeshare" groups in the world, more than 4,500 resorts using the timeshare system, distributed in 81 countries, and more than 4 million families from 124 countries have purchased vacations. Right now, the timeshare property industry has become a global industry with an annual turnover of US$6.5 billion. As more and more Chinese people’s travel consumption patterns shift from “tourism” to “entertainment and leisure”, China’s huge “timeshare” consumer market potential is increasingly emerging.

Tourism experts say that there are more than 7,000 star-rated hotels and more than 12,000 resorts in our country. The timely introduction of the "timeshare vacation" method can not only solve the problem of high room vacancy rate, but also Revitalize assets worth hundreds of millions of dollars.

It can be seen that the concept of timeshare has two meanings: one is the right to use timeshare, and the other is the exchange of vacation time.

Timeshare is a new business concept that perfectly combines the real estate industry, hotel industry, and tourism industry. It introduces the principles of space-time economics and analyzes the tourism industry, origin industry, and financial resources. Integration expands the marginal utility of resources and realizes maximum sharing of resources.