Taking Vacations Despite Higher Costs Is Good News For The Timeshare Industry May 23, 2011
Posted by John Stephens in : News & Events, Timeshare Rental, Travel , add a commentIn another example of the strange post-recession world that we live in, since when do higher travel costs equate to higher numbers of people wanting to go on vacation?
Answer – when people are fed up with staying home and are catching the summer fever.
Numbers released this week by travel site TripAdvisor.com reveal that the higher costs of travel (primarily due to higher gas prices and the flow-on effects to higher airfares and associated expenses) are not deterring people from planning a vacation this summer.
86% of travelers are planning a leisure trip this summer according to the website, up from 83% last year at a time when gas was about a dollar a gallon cheaper than it is now.
That’s great news for the timeshare industry, since these are the people who would factor into timeshare rentals and help boost the bottom line of resorts renting out excess inventory to help defray costs at the resorts. Which helps to keep maintenance fees in check. Which helps keep timeshare as a very attractive, less expensive alternative to hotel resorts. Not to mention the owners who place their timeshare for rent on sites such as BuyaTimeshare.com to cover their maintenance fees and make some cash in the process.
You get the picture.
The travel and tourism industry is more interconnected today than it’s ever been, thanks to the internet and the changing way people book vacations. The more people that take vacations, the better off the entire industry is.
And that doesn’t even factor in the already very high occupancy rates for timeshare, at about 80%, and the high satisfaction rate for the product, at about 84%.
It’s not like these people don’t know their vacation is going to cost more money, as 71% in the TripAdvisor survey say they know they’ll be spending more on their vacations this summer. 17% say they’ll be spending less, which means they’re either cutting back from last year or living under a rock.
People must be pretty frustrated at the thought of another staycation summer of discontent if they are so determined to spend more money to get out of Dodge for a while.
I say bring it on!
Let’s get fired up about vacations this summer. Timeshare is the best vacation option anyway and people looking for great value should be looking on sites such as BuyaTimeshare.com to see what’s available.
It’s about time that people were bold about their timeshare vacation and told their friends and family about the great facilities and excellent experiences they have while staying in a timeshare.
Find out for yourself by clicking here and browsing our website to rent timeshare and come back to tell us about the great time you had during your vacation this summer.