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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.
Holiday Inn Club Vacations: Kissimmee, Florida: United States 28 [6] 7,273 340,000 [7] Hyatt Residence Club United States, Caribbean 16 [8] Vistana Signature Experiences (formerly Starwood Vacation Ownership) Orlando, Florida: United States, Mexico, Caribbean 22 [9] Exploria Resorts Orlando, Florida: United States 10 85,000 [10] Westgate ...
Holiday Inn Resort (called Holiday Inn Sunspree Resort from 1991 to 2007 [22] [23]) – The properties also offer all the amenities and services of a full-service Holiday Inn; resorts are considered more of an advertising branding than a completely different brand. Most Holiday Inn Resorts are located in high-leisure-tourism markets.
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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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The up-front payment is a deposit, and traditionally when they resign from the club, members receive 75% to 100% of that deposit back. However, in recent years, non-equity clubs have gotten away from refunds. [4] Exclusive Resorts, launched in 2002, is an example of this model. Members pay a joining fee that covers a number of travel nights per ...
Holiday Inn Express was founded in 1990 under the ownership of Bass. [7] Plans at the time called for 250 locations to be open by 1995. [8] The first three hotels under the Holiday Inn Express name all opened in 1990. These were located in Nashville, Tennessee; Abilene, Texas; and Poughkeepsie, New York. All three were converted from existing ...
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