Founded in 1974, RCI has been a pioneer of the concept of timeshare exchange vacations. RCI has more than three million members worldwide, who enjoy vacations at RCI’s over 3,700 affiliated resorts. R.C.I. time share owners and resorts are a unique community of travel enthusiasts that value timesharing as a great way to get their money’s worth while traveling. RCI members benefit from the knowledge, experience and resources of RCI’s Guides, who provide assistance in the planning of exchange vacations. RCI provides the opportunity for exchange vacations, which allow members to discover new places and enjoy the freedom of resort vacationing all over the world. RCI is considered within the timeshare industry as the global leader in vacation exchange.
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May 6th, 2008 by Mandie RCI
Many timeshare owners and potential buyers are given misinformation regarding what exactly a timeshare exchange company does for its members, and the benefits of taking part in a traditional exchange program. For example, did you know that as a timeshare owner you have the right to go with any exchange company that deals with your resort? Did you know that there are many small exchange companies out there offering no enrollment dues or exchange fees? I have spoken with many timeshare owners that believed because they signed up for a Resort Condominiums International membership when they first purchased your timeshare, that they needed to conduct all of their future trades through RCI. While I am sure it is lucrative for RCI to convince its members that they need to continue to renew their membership with them, it simply is not true. It is time to separate the facts from fiction and find out the truth about timeshare exchange companies.
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The timeshare resale market can be tough, and many timeshare owners spend months or even years trying to sell unwanted timeshare. Many of these timeshare resale companies will charge fees for listing available timeshares, which can end up being a costly process – especially when you consider that a final sale is never guaranteed. For timeshare owners looking for a quick way to get out of maintenance and membership fees, timeshare donation is an excellent option. The only drawback to this approach is that most often you will need to own the timeshare outright, i.e. no longer be making any payments on the principal amount of the timeshare.
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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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