Fidelity Resales Blog

Everything You Need to Know About Vacation Ownership

Posted by Hannah O'Brien on Oct 22, 2019, 2:00:00 PM

Welcome to Vacation Ownership 101. We're going to break down the details of vacation ownership for you. Simply stated, vacation ownership is another word for timeshare. It is the concept of owning a portion of a resort with the rights to use the unit you own. If you’re interested in learning about the possibilities that await with owning your vacations, we have listed them for you below.

Vacation Ownership Meaning

A dream for many is the opportunity to travel the world, and who wouldn't want that? The great thing about timeshares is that they offer opportunities to travel from coast to coast, but some brands can also offer options abroad. With vacation ownership, that dream may just become reality! Read on to find out how. 

destinations collage

Two of the main benefits of most vacation ownership's are the freedom and the choices! Nowadays most timeshares or vacation ownership programs are part of a vacation exchange network. This means that you can exchange your week or points at your home resort and stay at another resort. Vacation ownership can be a great fit for all types of travelers. Whether you love visiting the same city, beach or resort every year, or you crave a different pace, timeshares offer the flexibility to change your mind! 

Difference Between Timeshare and Vacation Ownership?

As we mentioned before, timeshare and vacation ownership are interchangeable words. Vacation ownership is an accurate description of what you get with a timeshare -- you really do OWN your vacations. No more wondering when your next trip will be,  if you'll be able to book a room, or if you'll have a room big enough for everyone! Vacation ownership allows you to take control of your vacations. You literally own it since you will have an actual deed for your timeshare property. Owning your timeshare also means you have the right to sell it.  Should that ever becomes something you're interested in, we can support you with that endeavor, too. 

Vacation Exchange Networks

Not to mention, with Vacation Ownership and exchange networks, you'll have choices. Resort Condominiums International, also known as RCI, offers 35,000 exchange options in 108 countries. They have amassed 3.8 million members in their extensive travel network. Many well-known developers are affiliated with RCI or Interval Internationalshutterstock_745676326 (II). II has thousands of resorts in over 80 countries within their expansive network. The world is literally at your fingertips with vacation ownership. 

Below we are some great brands who offer timeshare and vacation club membership opportunities.

Best Vacation Ownership Companies

Many of the top brands in the vacation world participate in exchange. Disney, Wyndham, Hilton, Hyatt and Marriott all allow for their members to make the most of their vacation ownership. 

Wyndham Vacation Ownership 

Wyndham vacation ownership operates through a points based system. Wyndham boasts a large variety of luxury brands all over the world. They are well known for their customer service and gorgeous accommodations. Wyndham offers and extensive Wyndham Rewards program, that allows members opportunities for deals on flights and activities in addition to their Wyndham vacation ownership. Wyndham offers an array of adaptable locations so, no matter if you're traveling family-style or solo, there is probably a perfect place for you! Not to mention, Wyndham is a an eligible brand for vacation exchange through RCI.

Wyndham Grand Desert

You might also like: Getting to Know Wyndham, Selling Wyndham, Travel the World with Wyndham

Marriott Vacation Ownership

Another giant in the vacation ownership sphere, Marriott International has a great selection of ownership options for families looking for their perfect getaway. Becoming a member of Marriott vacation ownership means you will be treated like family when you visit their vacation spots. The Marriott Bonvoy program is a points-based system that allows owners to travel using their points. Some of the perks of becoming a Marriott owner include late checkout, amazing amenities (read: pools, gyms, lounges) and priority reservations when choosing your stay.


Marriott in Aruba

You might also like: How to Choose Your Home Resort

Hilton Vacation Ownership

Hilton vacation ownership is a great choice for those who enjoy luxury and pampering. Through Hilton Honors, members have even more options and flexibility before, meaning you can truly get what you want when it comes to vacationing! Like other timeshares, Hilton offers more than standard hotel-style accommodations. Lock-off units, large bedrooms and living spaces await you and your family members. And, you can choose from a variety of resort-style or urban locations for your next getaway as many Hilton timeshares are eligible for enrollment in the RCI vacation network.

Hilton Grand Vacations at Tuscany Village

You might also like: 2 Must-See Orlando Hilton Grand Vacation Resorts

Disney Vacation Club

Disney has 16 resorts for their members to travel to! From theme parks to themed pools, Disney Vacation Club is awesome for families and individuals ( we don't judge!). As a points-based system, members are eligible to stay at other resorts in the brands network. Disney is king at entertainment and family-fun, so if you're seeking magical vacations, Disney may be what you're looking for! Disney has incredible dining experiences at all of their resorts and parks. Not to mention, Disney is growing all the time, so every year there will be even more magic waiting for your family. 

disney-vacation-club-aulani-resort-exterior

You might also like: Should You Buy DVC Retail or Resale? and Do You Know Your DVC Contract End Dates?

Vacation Ownership Financing

Have you ever considered owning your vacations, but it didn't seem to be in the budget? Consider looking into financing options with Vacation Club Loans. They have solutions to help you achieve your vacation ownership dreams. Their specialty is helping people finance vacation ownership and timeshare. While timeshare is not an investment, it can be a great way to ensure that you and your loved ones can make memories for years to come, whether it be at one resort, or many all over the world!

Stay in the know! Sit back, relax, and let us deliver the latest in vacation ownership right to your inbox.

 

Topics: Buyer Resources