Since its creation, the vacation ownership industry has evolved into a billion-dollar industry, including global brands such as Hilton, Marriott and Wyndham. More and more, resort developers are finding that including a shared ownership component in their mixed use resort property can help create additional steady revenue streams and find synergies to help weather the economic cycles of the travel and real estate industries.
With vacation ownership, sometimes referred to as timeshare, you sell rights to your property to multiple parties. Typically, timeshare developers sell vacation ownership interests in either one-week intervals or as packages of points that can be used to reserve resort accommodations.