Wednesday, September 04, 2013
ARDA Announces "The Timeshare Effect"
The Timeshare Effect was developed by the American Resort Development Association (ARDA) to highlight the link between timeshare vacations and their effect on owners.
“We hear from our owners every day about how their lives have changed because of their timeshare ownership,” said Howard Nusbaum, president and CEO of ARDA.
“We wanted to capture this anecdotal sentiment with hard facts for other would-be timeshare owners,” Nusbaum said.
The Timeshare Effect covers three areas: finances, lifestyle, and family.
On the financial side, it’s clear that owning a timeshare enables families to take annual vacations for much less than what they would pay for a traditional hotel.
On average you can save 50% to 60% of what you would normally pay for a vacation. And your money stretches farther when you consider that instead of staying in a cramped hotel room you will be staying in condo-like accommodations at luxury resorts.
The timeshare kitchen alone is a big help in saving money since you don’t have to budget in the huge cost of eating out for three meals a day.
In addition to the financial savings, owning a timeshare has significant effects on lifestyle.
Since timeshare owners have essentially prepaid for their annual vacation, they are much more likely to take that vacation, which leads to many health and wellness benefits.
Owners enjoy beautiful resorts in great locations that offer flexibility and space for everyone.
3. Family Memories
And there is nothing better than a regular vacation to create lifelong family memories.
Three out of four adults over 55 say they still have vivid memories of their childhood vacations, and 55 percent of adults want to create similar memories for their children and grandchildren.
A whopping 93 percent of kids say that vacations mean a chance to spend quality time with their parents. When traveling with grandparents, 60% of kids say it brings them closer together.
See The Timeshare Effect infographic for more fun information.
Consider buying a timeshare resale. You can also vacation in a timeshare rental first, to see how timeshare vacations can have a positive effect on your family’s vacation finances, lifestyle and family memories.
* All statistics from U.S. Travel’s Travel Effect
Photo Credit: sanddollarestate.com