Is Now a Good Time to Buy Timeshare?

If you are considering buying a timeshare, you might be wondering if now is a good time to do so. There are several factors to take into account when making this decision. The timeshare development industry has been growing steadily since the 2008 recession, according to annual studies conducted by the American Resort Development Association, with larger, healthier companies consolidating and expanding their inventories. This modest growth trend is likely to continue in 2017, unless an unexpected economic crisis or political event changes things. Rapid growth of the market, however, is hindered by factors such as low resale value, stringent... Read the rest of this entry »

Vida Vacations Timeshare Experience

We received the following submission from one of our users about their experience purchasing a timeshare with Vida Vacations in Mexico:

timeshare experience"We went to a timeshare presentation at the Riviera Maya in Nov. 2015. It was the worst thing we could of done. Sadly we were scammed. In the sales presentation we asked many questions, and some questions various times. Every question or doubt we had regarding the contract was put to ease by the 2 sales persons who dealt with us. We have tried contacting them at many different... Read the rest of this entry »

Timeshare and the Economy

There is no doubt that the timeshare industry has a significant impact on the economy at regional, state, and national levels. The American Resort Development Association (ARDA), the national trade association that represents the vacation ownership and resort development industries, offers a detailed look at the direct and indirect ways in which the timeshare industry affects the economy through reports produced by its research arm, ARDA International Foundation (AIF). According to timeshare and the economyAIF’s most recent economic report, which is based on 2015 data, the timeshare industry... Read the rest of this entry »