In the early 2000’s, timeshare began to lose some of the gains in made in the late 1990’s. The 90’s were a great time for timesharing, with resorts seeing increases in profitability and property ownership, and it seemed as though timeshare was finally beginning to emerge from the dark cloud of dishonest salespersons, one-star resorts and false promises that tarnished their reputation during the development boom of the 1980’s. As of 2000, resort occupancies were down and the values for properties, as well as room rates, were on a decline.
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In the past timeshare resorts used to be ultra-exclusive, members-only type establishments for which travelers paid a premium for excellent service and luxurious accommodations. The line between timeshare and hotel has started to blur over the past ten years, and many timeshare resorts now offer rooms by the night or week to non-owners. In fact, a great way to decide whether or not you think purchasing a timeshare at a particular location would be a good choice for you is to reserve a room outside of a timeshare exchange company, instead using a commercial hotel website or calling the resort directly.
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The origin of timeshare can be traced back to 1960’s Europe. The 1960’s were a time of considerable growth and development for the tourism industry worldwide because of the emergency of commercial air travel and timeshare was created from this travel boom. Two different companies in France and Switzerland debuted the first vacation ownership packages.


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