The timeshare market's latest evolution: resorts are now becoming the focal point of timeshare vacations.
The timeshare industry, which initially sought to bring inexpensive vacations to the masses by marketing apartment-like accommodations, is undergoing some changes. While many developers still stress affordability when marketing these products, the industry has gone upscale, with new themed projects offering accommodations that can cost upward of $30,000. As the vacation ownership industryanother name for the timeshare sectorgoes global, the design of accommodations is becoming increasingly important. Developers are discovering that the typical two-bedroom, two-bath timeshare unit is no longer enough for todays clients, who are seeking entertainmentand immersionin the vacation experience. Note: the full text of this article may only be available to ULI members.
Thanks to Urban Land Magazine
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