How Does Timeshare Work

Timeshares fell out of favour for a little while, but they are coming back in popularity again, mostly because of the economy. Having a timeshare lets people have a great holiday spot at a guaranteed time of year each year, and they are able to go to a place that they really like and stay somewhere nice and familiar. They don't have to worry about booking a good hotel or getting a cottage, they don't have to worry about things being all booked up if there is some kind of festival or convention going on, and they don't have to worry about whether they will be able to take a holiday, because their accommodations are already taken care of. It's a great feeling to know that you don't have to dish out extra money to stay somewhere else because the place that you'd hoped to get was booked up, or that you don't have to worry about the idea of ending up in a place that's less than desirable.

Instead, you can just go to your timeshare on your assigned week or weeks and live there on your holiday, until it's time to come home. You pay a fee for maintenance, and you pay for your 'ownership' of the timeshare for that week, but other than that you can do as you please.