Timeshares are known for a number of its disadvantages. With these, many owners want to get out of their timeshares. But according to the latest timeshare survey released by RedWeek.com, the largest online timeshare marketplace, the top timeshare improvements are the exchange availability and the high maintenance fees charged by the resorts. The other remaining three categories rounding out the top-five list are honesty, resale opportunities, and resort improvements.
Among the list, the number one item is the exchange availability. This refers to a timeshare owner’s desire to trade their interval week at one resort for a week at another resort. The second survey item is the high maintenance fees which indicates respondents concerns over the rising annual fee charged by the resort and paid by the owners. Meanwhile, these fees vary from resort to resort and also by size and type of the timeshare unit owned.
As Randy Conrads, CEO of RedWeek.com puts it, visitors are telling us that it’s not easy to make their desired exchange. However, it’s also clear that flexibility and reasonable fees are vital to timeshares. On the other hand, survey response categories which are not included in the top five are easier to understand (timesharing), poor management of resorts, and shorter stays.
Timesharing can be a great way to vacation but its numerous disadvantages raises concerns among the timeshare owners. For some owners, they simply get rid of it while others hire a timeshare transfer company such as the Transfer Smart. On the other hand, several owners admitted that they still love the idea of timeshare ownership but were alarmed with those mentioned disadvantages along with the other matters of improvement which are not mentioned in this article.