Page 105 - Introduction to Tourism
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managers of the group, charging a fee for this
service to the absent owner. Such arrangements
can be made through a local travel agent in the
prospective traveler ’ s home city. The agent will
book the reservation through the real estate
management fi rm.
Timesharing
Timesharing is a technique for the multiple
ownership and/or use of resort and recreational
properties. Timesharing has been applied to
hotels, motels, condominiums, town houses,
single - family detached homes, campgrounds,
and even boats and yachts.
It involves both new construction and conversion
of existing structures, along with properties
devoted solely to timesharing and projects that
integrate timesharing and
Non timesharing properties. While most
programs may be classified as either ownership
or nonownership (right to use), there are wide
variations in program and legal format.
The attraction of timesharing is simple: It permits
purchasers to own or have occupancy rights at a
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