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Monday, July 12, 2010

Transfer Smart News: ARDA Recommends Rent a Timeshare for a Vacation

As the summer vacation season is fast approaching, many families are looking for budget-friendly travel ideas everywhere. With this, The American Resort Development Association or ARDA has a solution for the budget-conscious, weary traveler. That is, rent a timeshare villa for your next vacation.

According to Howard Nusbaum, ARDA president and CEO, many vacationers don’t yet realize that they can rent a week or two at a fabulous resort and stay in spacious accommodations with one or more bedrooms and bathrooms, a kitchen and a living room – all the comforts of home. He added that while it may be the destination that gets them there, it’s the guarantee of high-quality accommodations that keeps them returning year after year.

Meanwhile, the PriceWaterhouseCoopers research on the state of the timeshare industry in 2009 indicates that nearly half of timeshare purchasers rented first. Among six million-plus timeshare owners, timeshares continue to enjoy an 85% satisfaction rate. As Nusbaum said, timeshare owners place value on having the space to truly rejuvenate – a benefit that comes with a timeshare vacation. And, because of the pre-paid nature of the product, many owners continue to travel despite historic lows in traditional hotel occupancy. For 2009 alone, the timeshare industry reported an occupancy rating of almost 80%.

Today, although there are a number of owners trying to get out of their timeshares, many consumers still avail of such vacationing option through timeshare rentals. As a matter of fact, there are already rental engines created for consumers to take advantage of the convenience of vacationing timeshare-style.

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