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A new concept in resort management was improvised during the 1960's. This new idea in the resort industry paved the way for a higher gain in revenue and led to the revolution that would follow.

The new concept inspired other resorts throughout the world and led to US$ 9 billion annual total sales today. About 5,000 resorts all over the world have joined the time share industry since then.

The new concept was time share. Resort developers now offer their guests to be the resort owner for a week's time instead of being guests with restrictions and limitations.

Patrons would become owners of the resort for a week's time. These weeks are covered in a deed much like real property deeds because time shares are considered real properties. Their patrons find the offer attractive even if the ownership would cover a week's time yearly.

Patrons become owners of the resort by buying the time shares. Resorts were no longer just vacation resorts but were transformed into time share resorts. These resorts became real properties owned by the owner of its time shares.

The one who improvised this concept, a developer of a ski resort in the French Alps, made the resort industry livelier and richer by tenfold. Resorts all over the world managed to increase the occupancy of their resorts.

Over the years, the time share industry became more active with its flexible schemes in ownership and the use of the time share deeds.

Holders of time shares have various options to choose from. The following are the usage options available to the time share owners:

1. The owner of the time shares can use it.

2. Owners also have an option to advertise it as time share rentals.

3. The time share deed could be presented as a gift to family or close friends.

4. Owners have an option of internally exchanging the time shares under the umbrella of the resort group.

5. Owners have an option to externally exchanging the time shares with other resorts that numbers to thousands.

Time Share Rentals

From these five options available to the time share owner, time share rentals prove to be the most profitable for owners of time shares. This is because time share rentals are attractive to travelers, adventurers, and vagabonds that needs to have accommodations with minimum cost of expenses.

This particular market is what owners of time share rentals are targeting. Time share rentals are easily acquired from the Internet and the traveler would have no problem of keeping their accommodations since it is only a time share rental.

Time share rentals allow prospective clients/ travelers to stay at a number of 5-star resorts, luxury hotels, or resort condos without depending on what is indicated on the time share deed.

Time share rentals promises rates that are cheaper than what people normally pay in a resort. The price of time share rentals is lower than the normal price of a resort. Clients and travelers would be able to save a huge amount of money.