Sell Timeshare

RCI timeshare exchange (part of the Wyndham Worldwide and Wyndham Timeshare family of companies) has announced affiliation with six new resorts in China. With the addition of these six resorts, RCI timeshare exchange now includes 24 affiliate properties in China.

Geoff Ballotti, president and CEO, Group RCI timeshare exchange says, “Our growing presence in China is a clear indication of the confidence our members and developers have in the concept of vacation ownership and the recognition of RCI as their preferred partner of choice in delivering memorable experiences to more than 3.8 million RCI members around the globe.”

RCI Timeshare Exchange Adds Six Resorts

The six new resorts, all part of the RCI timeshare exchange network, include:

• Beijing BBMG BaDaLing Hot Spring Resort in Beijing.
• Sunshine Water World Resort in Xiaotangshan.
• LuGuHu Holiday Inn in Sichuan.
• Ramada Plaza Hotel Yantai in Yantai, Shandong.
• Ramada Hotel Wuxi in Wuxi.
• Zen International Hotel in Henan province.

Adrian Lee, managing director, RCI Asia explains, “These resorts represent an interesting cross-section of the unique and varied vacation experiences that China resorts have to offer. They will give our members a chance to experience the beauty of the Chinese landscape and culture, while enjoying a whole host of luxurious recreational facilities and services.”

Timeshare Resale Has a Global Market

China timeshare is an exciting concept. Many American’s idea of business in China is defined, at least in part, by the slice of life presented to the world during the Beijing Olympics last summer. According to the Chinese Ministry of Commerce, China attracted 5.36 billion US$ of actual FDI (foreign direct investment) last month. While it sounds like a staggering number, it represents a 35.7percent drop over the same month in 2008 and marks the tenth consecutive month where foreign direct investment has dropped. (source Wall Street Journal)

This is a good reminder that the global economy needs all its players; no country operates as an island anymore. And in the same way that there are economies eager to embrace US investment dollars, there are also emerging markets for timeshares, timeshare resale, and timeshare rental.

When you get ready to sell timeshare or rent timeshare, don’t gauge your perception of the market by only what is going on with US timeshare. There are thriving economies around the world and enthusiastic timeshare buyers and timeshare renters in places that only a few years ago we would have never expected to find them.

Group RCI media release on China timeshare exchange.

In the Lynchburg, Virginia area of Huddleston, a Smith Mountain Lake resort community is making plans for a new waterfront condominium complex.

The Mariner’s Landing Development will construct the new resort, to be known as “Longview at the Pointe”. Plans are to sell the two and three bedroom condo units in four-week intervals, although full ownership options will also be offered.

The Point Is Not Selling Timeshare; It’s Buying Vacation Ownership

Jay White, a marketing consultant whose family owns the resort community, calls it, “…Just another type of ownership at Smith Mountain Lake.”

Good point! The developers didn’t wake up one morning and think: Our business goal is all about selling timeshare.

Instead, they looked at an opportunity (for their business and also for families in need of vacation options), and they considered how they could make vacation property ownership available to more people.

White, in an interview with The Lynchburg News and Advance, called the pricing, “… affordable compard with other offerings at the lake…”

“It’s just another way for people to enjoy the lake and not bankrupt themselves,” said White. “In my mind, the goal is to offer an affordable product someone can buy young and continue to upgrade until they want to retire and get the (vacation) home of their choice.”

Selling Timeshare Probably Started in a Cave

Once upon a time, there were no doubt two cave dwellers who wanted the same rock shelter. In order to accommodate the wishes of both, they decided to share the space, alternate who slept closest to the fire pit, and both contribute by dragging home freshly killed stegosaurus steaks. In every sense of the word, the two were involved in shared ownership, marked by the intervals of whos turn it was to sleep by the fire.

Timeshare shouldn’t be thought of as some suspicious idea, nor should it be viewed as a get-rich-quick plan by anyone in the business. Timeshare is really a very simple concept of shared ownership, enabling people who could never afford the cost and upkeep of sole ownership to still enjoy their little piece of vacation heaven.

Today’s timeshare is an evolved business model that translates to making vacation ownership available to the greatest number of people possible. And every day, through the sale of both new timeshare and of timeshare resales, vacation ownership is happening.

As Jay White so aptly put it in talking about the Smith Mountain Lake property, “This is really becoming a great destination, a great resort, and it needs to be affordable for people to enjoy it. If it’s going to be successful, it’s got to be available to people who can afford $750,000 or $50,000.”

Now let’s throw in the idea of timeshare resale properties, some of which are priced at $5000 or less, and you truly get: Affordable Vacation Ownership.

Follow this link to learn more about Virginia timeshare resales.

Here’s some timeshare industry good news as Sell My Timeshare NOW releases its July 2009 Year-to-Date Statistical Synopsis, showing continued growth and expansion by our timeshare resale and timeshare rental advertising company.

We’ve increased our staff, opened a new timeshare advertising sales call center in Orlando, Florida, and we are continuing to expand our services. Despite the challenging economy, we have received nearly $240 million in offers to buy or rent timeshare, year-to-date. This accounts for a 15 percent increase over figures through last June (2008) for timeshare resale and timeshare rental offers.

Offers to rent timeshare have been outstanding in 2009, showing a 140 percent increase over year-to-date timeshare rental offers from 2008, and a 79 percent increase in the amount of these offers. As I said in our company’s media release, Timeshare Resale Advertising Leader Sell My Timeshare NOW Releases Business Synopsis Demonstrating Growth and Expansion:

“A tough economy brings an excellent challenge to business to step up your game, deliver more, and work smarter. We think our growth and continued strength verify that what we do works for the timeshare owner and the timeshare industry.”

We are proud of our growth, expansion, and service. We are working hard to fill important needs for people who want to buy, rent, or sell timeshare, as well as, very specific needs within the timeshare industry. And as the economy, the timeshare industry, and the vacation needs of consumers change, we’ll keep adapting our products and services.

Click this link to download a copy of the Sell My Timeshare NOW July 2009 Year-to-Date Statistical Synopsis.

And click here to view our latest media release: Timeshare Resale Advertising Leader Sell My Timeshare NOW

Ed Hastry discusses the role of the NTOA in educating timeshare owners about the use of their timeshares and important issues facing the industry.