Timeshare Concept
The term timeshare has been adopted from English literature , it literally means ‘ share of vacation time ’ , which is behind the concept of sharing time in a vacation property – typically a Hotel or a luxury resort- in which multiple parties hold rights to use the property , and each sharer / member is allotted a period of time . Time share is also known as Vacation ownership . The thought of owning a timeshare sounds appealing .
In India the concept of vacation ownership is picking up with the growing consumer interest and demand for leisure travel , and with that there is a considerable increase in the awareness in the recent years , accompanied by the favourable disposition towards buying ‘ holiday plans ’. Hotel Management Institutes in Delhi enhances the knowledge of students by teaching the students new trends in market .
Many people find that they save money by owning a timeshare . One advantage is that the person can lock the future vacation accommodations at today ’ s prices , and also have an option to rent timeshare space or share it with family and friend .
Unlike hotel rooms , many timeshares are spacious and offer a fully- equipped kitchen , a dining room and a living room when a owner choose timeshare , they pick the amount of space as per their requirement from a studio apartment to a three – or even fourbedroom unit . Owners enjoy a washer and dryer and a home cleaning service and owner are required to pay a yearly maintenance fee to the resort . The Hotel School is among