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Company Office Resort locations Number of resorts Number of rooms Number of owners Karma Group: Singapore: India, Indonesia, Greece, France, Germany, Thailand ...
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.
Welk Resort Group is a corporation based in San Marcos, California that is a developer and operator of luxury resorts and timeshares in the United States and Mexico. It was founded in 1964 by television bandleader Lawrence Welk. As of 2015, the company has developed five properties in Cabo San Lucas, Lake Tahoe, San Diego, Palm Springs and ...
Diamond Resorts was an independent timeshare and vacation ownership company until it was purchased by HGV in 2021. Following the purchase, Diamond's resorts became part of HGV's resort portfolio, and Diamond itself became a brand and subsidiary of HGV.
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).
Founded in 1982, Westgate Resorts operates as a subsidiary of Central Florida Investments, Inc. (CFI), which employs over 10,000 people and has evolved into the largest privately held corporation in the Central Florida area. Siegel opened CFI, a real estate development firm, with an office located in his family garage in 1970. [citation needed]
Sea Island is a privately-owned, seaside resort island in Glynn County, Georgia, part of the Golden Isles of Georgia, which include St. Simons Island, Jekyll Island, Little St. Simons Island, and the mainland city of Brunswick. Since 2016, Sea Island has been owned by the Broadmoor-Sea Island Company, a subsidiary of the Anschutz Corporation ...
The organization claims that its model differs from the traditional timeshare model because purchases count as real estate acquisitions and appreciate in value. [5] Buyers can sell their share after 12 months of ownership. [3] Pacaso's business model has been criticized as a way around timeshare laws in California. [10]