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Royal Resorts Mexico 6 [16] Raintree Vacation Club United States, Mexico, Canada 16 [17] Royal Aloha Vacation Club Honolulu, Hawaii: United States 8 [18] 160 [18] 8,500 [18] Vacation Internationale Bellevue, Washington: United States, Mexico, Canada 44 [19] 42,000 [19] Multi Resort Ownership Plan Salt Lake City, Utah: United States, Mexico 40 [20]
The term "timeshare" was coined in the United Kingdom in the early 1960s, expanding on a vacation system that became popular after World War II. [1] Vacation home sharing, also known as holiday home sharing, involved four European families that would purchase a vacation cottage jointly, each having exclusive use of the property for one of the four seasons.
Timeshare owners may exchange their week(s) through TPI for a different week(s) at their own resort. Timeshare owners are able to exchange to destinations all over the world or back to their home resort. Trading Places, unlike many timeshare companies, also acts as a property manager for some properties. [3]
Diamond Resorts International may not be as much of a household name as the big-time hotel chains and timeshare businesses, but that could be a good thing for growth-seeking investors. With the ...
RCI (formerly Group RCI and, before that, Resort Condominiums International) is a timeshare exchange company with over 4,300 affiliated resorts in 100 countries. Founded in Indiana in 1974 by Jon and Christel DeHaan , RCI is one of the two main timeshare exchange businesses, along with Interval International (II).
Originally, Marriott Vacation Club properties were sold as weeks. A "fixed week" granted the owner the right to use their villa during a specific week each year (such as week 52, which includes New Year's Eve), or the right to use their villa during a specific "season" (defined on a per-resort basis), which granted the owner the right to reserve their villa for any available week within that ...
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