The Math of Timeshares

June 26th, 2010

The Math of Timeshares

Most people are familiar enough with the basics of a timeshare- buy a place to stay while on vacation for a relatively discounted price, but it is only available to you typically a week out of the year. Sharing it with fellow travelers the other 64 weeks out of the year does quite obviously drive the price down. So if the place is offered at such a discount, how do they make money? The trap lies within the increasing maintenance charges that are usually only mentioned in the fine print. For example, maintenance charges can go up to $1,000 per year, so a hotel owner who has 200 rooms renting out just 52 weeks out of the year has 10,400 opportunities, multiplied by 1,000 dollars, equaling 104,000,000 dollars a year. Just as one example.

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Consumer Advisor

Monica Burrell

Being a former timeshare owner herself, she is extremely passionate about the work she does at Timeshare Relief and now resides as Timeshare Relief's Director of Client Relations.

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