Tag: timeshares

Timeshare and hotel comparison

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 →
Buying a timeshare through the resale market

Buying a timeshare through the resale market

Until the mid 1990s, most buyers bought timeshare intervals directly from the resort developer such as Hilton, Marriot or Wyndham. The resale market began growing and now, because of the internet, buyers have more access to a variation of information and increased options for purchasing a timeshare. Today, many will tell you that the best way to buy a timeshare is through the resale market. The main reason behind this is simply that resales cost considerably less than those offered by timeshare resort developers. Resale timeshares are about 30% to 50% below developer…continue reading →
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