This year marks important milestones
Wednesday 14th July 2010
As it celebrates decades of success, 2010 marks some important milestones in the Timeshare industry.
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As overseas property markets suffer instability, Timeshare and fractional ownership becomes a very attractive option for consumers looking for a viable alternative to owning a holiday home outright. Now more than ever, the innovative products, sought-after locations and exceptional service that is the core of the Timeshare experience offer flexible, sophisticated and affordable alternatives to whole holiday ownership.
Since its "fixed week, fixed resort" conception all those years ago, Timeshare has come a long way. While favourite destinations remain largely unchanged - Spain, The Canary Islands and Portugal are as popular as ever - new markets such as the Middle-East and Thailand are also proving to be a big hit.
Only last year leading exchange organisation RCI turned 35 years old, celebrating not only its own growth but the growth of the "world is your oyster" ethos that makes Timeshare such a desirable product. However, it is not just the resort base that continues to grow, so too does customer loyalty and high consumer satisfaction rates. A recent independent survey reported that Timeshare's customer satisfaction rates average 80%, a statistic that reflects well on the industry as a whole.
With innovation in new models of shared ownership and sophisticated new products on offer, exciting new developments in technology , such as the two new RCI iPhone applications, and examples of how many in the industry stepped up to the mark in the recent "ash-cloud" travel chaos, Timeshare is starting to receive some rightly deserved positive press.