The Effect of the Timeshare Industry on a Community

February 23, 2018 at 10:38 am

For most communities that are dependent on tourism, the timeshare industry brings significant benefits. Some people may consider timeshare as a scam, while others love it. Others may be indifferent about timeshare. With such varied reactions are natural, one cannot deny the positive impact the timeshare industry has on the local community where the timeshare operates.

timeshare industry

The effect of the timeshare industry on a community

The following benefits may surprise you as these go beyond those offered by traditional tourism forms like hotels and others. Here are some of the positive effects that timeshare offers on a community.

  1. Stable jobs: From sales staff to construction workers, timeshare generates several jobs for the community. The jobs are at various levels like executives, service staff, architects, and more.
  2. Repeat Tourism: Timeshare encourages repeat tourism in the community which results in a more stable economy. With this scenario, business providers and investors can easily predict the needs of the community in terms of services and infrastructure.
  3. Promotion of the Destination: The destination’s profile will increase amongst all kinds of visitors including those who are still curious about the timeshare industry. The positive feedback and promotions to friends and families raise other people’s awareness. Only when people feel that they belong can they have this kind of support.
  4. Tax Generation: Tax generation that extends to VAT as well as income tax on earnings is another great benefit that the timeshare offers to a destination. Those working in the industry and especially those who come into the place spend their money in the local economy. More taxes are generated and these are plowed back into the local economy. As a result, services and infrastructure improve.
  5. Extension of the Period of Stay: Timeshare owners usually chose to stay for longer periods of time in their chosen destinations.
  6. Higher Purchasing Power: Timeshare destination benefits from visitors with higher purchasing power. They spend more on local services, restaurants, and other items. The certain level of income that owners have is one of the requirements when they desire to become timeshare owners.
  7. No Competition Against Traditional Hotels: Hotels usually cater to visitors who do not necessarily visit more than once or twice. This means that people who return to a destination to stay at their timeshare are not the same individuals that hotels target. The two industries complement one another and not compete against each other.
  8. Local Community Involvement: Timeshares are not always all-inclusive. There are some who would choose an all-inclusive option but most visitors would rather spend money in local stores and dining places.
  9. Constant Occupancy: Timeshare helps provide a consistent level of occupancy, supporting other branches of the tourism industry like car rentals, restaurants, travel agencies, and other local trade.

There is no denying that timeshare provides a positive impact on its community.

 

Adeprotur and Timeshare

January 16, 2018 at 11:34 am

Adeprotur promotes the integral development and sustainable growth of the timeshare industry in Riviera Nayarit and Puerto Vallarta through a strict ethical code and high standards of commercialization. It advises the providers of timeshares as they develop and helps with the commercialization of their product by informing them of, and guiding them through, the programs and plan which have been put in place to regularize and demystify the industry as a whole. The 2015 – 2017 board is made up of a President, Vice-President, Secretary, Treasurer, and four Chairpersons.

Adeprotur-Timeshare

Adeprotur and transparency

By encouraging ethics and professionalism in the industry through transparency of process from advertising to the point of sale Adeprotur makes the vacation club and timeshare industries less intimidating to the uninitiated. Adeprotur seeks to do all of this by defining a voluntary code of conduct which stipulates integrity and sustainability in all growth within the sector. The end aim is to promote a culture of innovation and ethical growth which will benefit the region at large.

Standardization

Adeprotur was created in 1986 by five founders which shared the vision of regulating, standardizing, and creating transparency within the timeshare and vacation club industries within Banderas Bay. Currently it has no less that 24 associates, and enjoys contracts and agreements with the federal government and private companies. Of course, their short term objective is to support the many vacation clubs in the region through their affiliates thereby standardizing a certain level of service.

Timeshare in Puerto Vallarta and Riviera Nayarit

This is so very important because of the value that timeshares bring to the area, but also because of the damage done to the industry’s reputation in its early days. Systematic procedures were developed by the association in the 1980’s to enable the commercialization of any property (at the time 180 or so properties, but today there are over 500 timeshare developments in the country).

The value in this industry lies not just in the continual investments into infrastructure that they generate, but in the repeat nature of the tourism they bring in. This is invaluable to the economy of many tourist towns.

Benefits of Established Timeshare Companies

June 19, 2014 at 9:41 pm

benefits of timeshare-villa-del-pamar

Like any big purchase, you need to make sure that the company you are buying from is reputable and that the product you are buying is going to serve its purpose without you being ripped off. The best way to secure quality and avoid a scam in timeshare is to buy from an establish timeshare company that has at least 8 years of experience. When buying with a reputable timeshare company you are guaranteed satisfaction and you can be sure there is no scam involved.

 

Scams are common in the timeshare industry but what many people haven’t considered is that the scams do not involve genuine timeshare companies but are the result of offshoot businesses such as timeshare lawyers, resale scams and fraudulent time share sellers misrepresenting the name of a genuine company.

 

If you purchase from an established company and ensure that you only deal directly with them, avoiding resales, your timeshare experience should be a good one. In some instances, bogus timeshare sellers pretend to be agents for genuine timeshares resorts, however, these are easy to spot as you are not likely to visit the resort in question. It is therefore prudent to never buy a timeshare at a presentation where you are not given a tour of the resort or at least a resort owned by the company in question if you are interested in a pre-sale property.

 

Established timeshare companies are also likely to offer you the best prices on timeshare units, thanks to their years of experience being able to get the best prices on construction, architects and so on. This is also seen in the maintenance fees as larger established companies are more efficient and have greater structures already in place to bring these necessities into action. Experience will have a positive effect on the functionality and quality of the timeshare resort too, as you benefit from their knowhow having had more time in the industry.

 

Finally, established timeshare companies are more likely to be honest in their sales’ tactics, having more to lose. Their reputation has taken years to establish and therefore you will find that sales staff are greatly monitored and there is more attention to detail in the timeshare contracts to avoid misunderstandings.

 

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