Timeshare and hotel comparison
How much money can I save by owning and using a timeshare rather than paying the hotel rate? Let's take an example of a 2 bedroom unit in Hilton's Grand Waikikian with an ocean view sold for $45,000. If you rent a similar size unit with an ocean view in Waikiki, rates run at around $1,000 per night. Here is a comparisone of how much you will pay in 15 years Hotel $7,000 each week x 15 years = $105,000 Timeshare $1,700 each year (maintenance fee) x 15 years = $ 25,500 (+ purchase price…continue reading →
