Where have your vacations taken you?
Blog Blog Blog
7 nights 8 days $99.00
Chinese-Western Dating
A History of Timeshare
The story told in the timeshare industry is that a hotel was going broke in the Swiss Alps. They put a sign up on their marquee that said "Own your room instead of renting it".  They adverted going bankrupt, the rooms quickly sold out and the concept of Timeshare was born.  We at timeshareadvisor.net are not sure this is the way it happened or not.  Instead we will offer you the facts:

1963 - 1968 - Timeshare starts with a French company (the Societe Des Grandes Travaux De Marseille company) and a Swiss company (HAPIMAG {hotel und appartementhaus immobilien Anlage} AG) that develop the concept of timeshare in the French Alps, Italy, Spain and Switzerland.

1966 - 1969 - There's much speculation about the first Timeshare resort built in the United States. The first account shows the first timeshare resort as the Kaanapali Beach Destination Resort on west Maui, started in 1966.  Another account credits the Kauai Kailana on Kuai as the first one, starting in 1969.

1974 - John and Christel DeHaan start RCI, in Indianapolis, Indiana. Today they are the largest exchange company in the world.

1976 - Interval International forms. Becoming the Second largest exchange company today.

1980's - Timeshare develops through out the world with Western Europe developing the fastest. Sheraton, Ramada and Westin all become part of the industry and have bigger companies purchase them during the 1990’s

1984 - Marriott joins the timeshare industry with Marriott Vacation Club

1985 - Likewise, Four Seasons joins too.

During the 1990’s - Trading Places (that started as a full service Travel agency in southern California in the 1970's) becomes the third largest exchange company.

1991 - Disney starts Old Key West Resort at Walt Disney World.

1992 - The San Francisco Exchange company emerges seeking a high end timeshare client the same year  Hilton Grand Vacation Club is starts.

1994 - Hilton Grand Vacation Club opens The Flamingo in Las Vegas, Nevada.

1997 - Cendent Corporation purchases RCI while another company called Dial an Exchange starts in Australia.

2000
- RCI introduces RCI Points.


2002
- USA Interactive acquires Interval International


2007
- Wyndham becomes the Parent Company of RCI.


2016
- Marriott International purchases Starwood Hotels


2017
- RCI announces it will be acquiring DAE, placing it under the Wyndham Umbrella. Wyndham announces it will be splittiing into two seperate publicly traded companies splitting the hotel division and the timeshare divisions.



Today:
RCI has almost 4 million members in addition to 5240 resorts located in over 100 countries.

Similarly, Interval International has over 2 million members with almost 2500 resorts in over 75 countries around the world.


America has the most timeshare owners with 45% of the total owner base, as well as the most timeshare resorts for any country being 1500.


There are over 9 million weeks of timeshare owned by over 7 million households.

Eight out of ten owners are satisfied or very satisfied with their ownership.

**Authors note: Timeshare is known by many names including but not limited to timeshare, timesharing, vacation ownership, holiday ownership, interval ownership, vacation insurance.
©2010 Timeshareadvisor.net
We as timeshare owners demand more from life. 
We strive for the best and enjoy life to the fullest.
We expect the finer things and understand that friends, family, and seeing the beautiful world we live in are what truly matters.
Our experiences are unique and our memories are filled with wonder and awe.
We are world travelers that possess a knowledge of culture, language and understanding that our nontraveling piers lack.
www.timesharesocialclub.com is a community that allows its users to share their experiences about travel, owning timeshare, or the resorts they've stayed in.
Maybe they would like to share their experiences with the company they own, make new friends or keep in touch with old ones.
Come be a part of the timeshare community today.
www.timesharesocialclub.com