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TIMESHARE  look up translate image
Describes ownership of a property like a villa or condo by multiple people, where each sharer holds right to use the property for an allotted period of time. The property accommodations may range from deluxe, luxury, tourist class, budget class, etc.
TIMESHARE (VACATION OWNERSHIP)  look up translate image
This is an equity financing and marketing concept that allows participants to enjoy vacation accommodation a fixed period of time or for a shorter contracted period. As per the American Resort Development Association (ARDA), at a fraction of the whole ownership costs, the timeshare consumers make a one time purchase of furnished resort accommodations. They are also required to pay an annual maintenance fee.

The price of the accommodations vary depending upon a variety of factors like, location,...(more)
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Hotel terms
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Created by admin
Created on 2011-05-03 06:08:34
Number of terms 91
Last added None