Welcome!

News Feed Item

Vacation Club Membership: A Wise Choice for Timeshare Owners and Travelers

LOS ANGELES, CA -- (Marketwired) -- 04/30/14 -- Vacation club memberships are rapidly gaining popularity for American travelers and those who own timeshares. As the summer travel season approaches, cost-conscious travelers can make the best choice for their travel needs based on facts regarding timeshares and vacation clubs.

Timeshares are very expensive. The average sales price for a one-week timeshare is approximately $19,000, with an average annual maintenance fee of $660, according to Howard Nusbaum, president and CEO of the American Resort Development Association (ARDA), a trade association that represents the timeshare industry. In most cases, annual maintenance fees must be paid whether or not the timeshare is used and they increase an average of 12% per year, according to ARDA.

Most timeshares come with contracts that are perpetual, meaning they don't have an expiration date. That means you're obligated to pay the annual maintenance fee indefinitely. "That's a pretty big financial obligation," says Ric Edelman, a financial adviser, author, and radio host based in Fairfax, VA, who cautions his clients against investing in timeshares in an article on duboispv.com. Special assessment fees can also be charged to owners so that the resorts can fund anything from Internet upgrades to repairs due to water damage from natural disasters.

Vacation club memberships typically require a one-time, lifetime fee up front to join -- which is about the retail cost of an average one-week vacation for the most cost-effective clubs. Unlike timeshares, once the one-time cost is paid, the member is only obligated to pay for the actual weeks chosen. The upfront investment should pay for itself within the first several vacations and memberships are renewable at an annual low cost. The best club memberships have no maintenance or special assessment fees and no tax burden. Low-cost car rentals, cruises, excursions and shopping discounts are also available.

A vacation club is the clear choice for smart travelers. We spoke with a front-runner in the vacation club industry, American Vacations International (AVI), whose members receive wholesale travel discounts through a powerful Internet portal and personal concierge service. "Resort accommodations are deeply discounted and range in price from $99 to $698 avg. per week," said Ryan Wright, AVI's client services director. "AVI members have the option to choose from an inventory of more than 6,000 resorts worldwide that includes numerous four and five-star rated hotels and all members receive a Best Price Guarantee."

Timeshare owners with AVI vacation club memberships have a distinct advantage in the industry. They have the option to rent, exchange, list, or terminate ownership of their property through their memberships. Many timeshare owners have eagerly substituted and/or enhanced their ownership for vacation club memberships. They are now able to vacation at the same top-quality resorts for a fraction of the price, with greater flexibility and choice.

Vacation clubs offer a variety of member benefits and pricing. It is important to investigate the differences in club programs and their contracts to get the best value. Information about AVI can be found at AmericanVacationsInternational.com.

CONTACT:
JAMES ROSENTHAL
PHONE: 855-285-6400


More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
From wearable activity trackers to fantasy e-sports, data and technology are transforming the way athletes train for the game and fans engage with their teams. In his session at @ThingsExpo, will present key data findings from leading sports organizations San Francisco 49ers, Orlando Magic NBA team. By utilizing data analytics these sports orgs have recognized new revenue streams, doubled its fan base and streamlined costs at its stadiums. John Paul is the CEO and Founder of VenueNext. Prior ...
One of biggest questions about Big Data is “How do we harness all that information for business use quickly and effectively?” Geographic Information Systems (GIS) or spatial technology is about more than making maps, but adding critical context and meaning to data of all types, coming from all different channels – even sensors. In his session at @ThingsExpo, William (Bill) Meehan, director of utility solutions for Esri, will take a closer look at the current state of spatial technology and ar...
The Internet of Things can drive efficiency for airlines and airports. In their session at @ThingsExpo, Shyam Varan Nath, Principal Architect with GE, and Sudip Majumder, senior director of development at Oracle, will discuss the technical details of the connected airline baggage and related social media solutions. These IoT applications will enhance travelers' journey experience and drive efficiency for the airlines and the airports. The session will include a working demo and a technical d...
Businesses are struggling to manage the information flow and interactions between all of these new devices and things jumping on their network, and the apps and IT systems they control. The data businesses gather is only helpful if they can do something with it. In his session at @ThingsExpo, Chris Witeck, Principal Technology Strategist at Citrix, will discuss how different the impact of IoT will be for large businesses, expanding how IoT will allow large organizations to make their legacy ap...
What happens when the different parts of a vehicle become smarter than the vehicle itself? As we move toward the era of smart everything, hundreds of entities in a vehicle that communicate with each other, the vehicle and external systems create a need for identity orchestration so that all entities work as a conglomerate. Much like an orchestra without a conductor, without the ability to secure, control, and connect the link between a vehicle’s head unit, devices, and systems and to manage the ...
The many IoT deployments around the world are busy integrating smart devices and sensors into their enterprise IT infrastructures. Yet all of this technology – and there are an amazing number of choices – is of no use without the software to gather, communicate, and analyze the new data flows. Without software, there is no IT. In this power panel at @ThingsExpo, moderated by Conference Chair Roger Strukhoff, panelists will look at the protocols that communicate data and the emerging data analy...
As ridesharing competitors and enhanced services increase, notable changes are occurring in the transportation model. Despite the cost-effective means and flexibility of ridesharing, both drivers and users will need to be aware of the connected environment and how it will impact the ridesharing experience. In his session at @ThingsExpo, Timothy Evavold, Executive Director Automotive at Covisint, will discuss key challenges and solutions to powering a ride sharing and/or multimodal model in the a...
SYS-CON Events announced today that Commvault, a global leader in enterprise data protection and information management, has been named “Bronze Sponsor” of SYS-CON's 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Commvault is a leading provider of data protection and information management solutions, helping companies worldwide activate their data to drive more value and business insight and to transform moder...
Creating replica copies to tolerate a certain number of failures is easy, but very expensive at cloud-scale. Conventional RAID has lower overhead, but it is limited in the number of failures it can tolerate. And the management is like herding cats (overseeing capacity, rebuilds, migrations, and degraded performance). Download Slide Deck: ▸ Here In his general session at 18th Cloud Expo, Scott Cleland, Senior Director of Product Marketing for the HGST Cloud Infrastructure Business Unit, discusse...
Whether they’re located in a public, private, or hybrid cloud environment, cloud technologies are constantly evolving. While the innovation is exciting, the end mission of delivering business value and rapidly producing incremental product features is paramount. In his session at @DevOpsSummit at 19th Cloud Expo, Kiran Chitturi, CTO Architect at Sungard AS, will discuss DevOps culture, its evolution of frameworks and technologies, and how it is achieving maturity. He will also cover various st...
SYS-CON Events announced today that eCube Systems, a leading provider of middleware modernization, integration, and management solutions, will exhibit at @DevOpsSummit at 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. eCube Systems offers a family of middleware evolution products and services that maximize return on technology investment by leveraging existing technical equity to meet evolving business needs. ...
All clouds are not equal. To succeed in a DevOps context, organizations should plan to develop/deploy apps across a choice of on-premise and public clouds simultaneously depending on the business needs. This is where the concept of the Lean Cloud comes in - resting on the idea that you often need to relocate your app modules over their life cycles for both innovation and operational efficiency in the cloud. In his session at @DevOpsSummit at19th Cloud Expo, Valentin (Val) Bercovici, CTO of So...
Digital innovation is the next big wave of business transformation based on digital technologies of which IoT and Big Data are key components, For example: Business boundary innovation is a challenge to excavate third-party business value using IoT and BigData, like Nest Business structure innovation may propose re-building business structure from scratch, as Uber does in the taxicab industry The social model innovation is also a big challenge to the new social architecture with the design fr...
Cloud computing is being adopted in one form or another by 94% of enterprises today. Tens of billions of new devices are being connected to The Internet of Things. And Big Data is driving this bus. An exponential increase is expected in the amount of information being processed, managed, analyzed, and acted upon by enterprise IT. This amazing is not part of some distant future - it is happening today. One report shows a 650% increase in enterprise data by 2020. Other estimates are even higher....
What are the new priorities for the connected business? First: businesses need to think differently about the types of connections they will need to make – these span well beyond the traditional app to app into more modern forms of integration including SaaS integrations, mobile integrations, APIs, device integration and Big Data integration. It’s important these are unified together vs. doing them all piecemeal. Second, these types of connections need to be simple to design, adapt and configure...