Presented by :

Urvashi Baghel

IITTM, Gwalior

Vacation ownership

A period of time (days or week per year ) that you can buy for a specific property ( usually a residence at a resort) or multi destination club, during which the right to use the property belongs to you.

The idea is that you benefit by ‘pre-paying ‘

for a vacation place rather than renting it.

What is vacation ownership ?

Under a vacation ownership plan you agree to one

time purchase price and an annual maintenance fee & become a member in it.

Vacation ownership purchaser s own their accommodation time and purchase the right to use it for a specified number of years.

Some of these operate on a " points " system where you can book vacations in different location.

Multiple investors hold right to the property, being allotted a period of in which they may use it.

How does it work ?

The profit that would go to the rental stays in your pocket.

For families who want to secure their future vacations at an affordable cost , with a quality service provider.

Benefit of vacation ownership :

In India people pay anything between 2 lakh to 9 lakh to use a timeshare property for around a week in a year for 25 years.

Industry is expected to grow, increasing the total room inventory by 25%, because a lot of new companies are entering timeshare.

Mahindra holidays & Resorts India ltd and Sterling dominate India’s market with 60 resorts & 3,400 rooms combined.

Vacation ownership in India :

Thank you