Sunday, July 16, 2006

Buying Resale Timeshares

By Aleksandra Todorova

When Lynda Bettcher visits her daughter in New York this August, she and her husband will stay in a one-bedroom suite at the four-star Affinia Dumont hotel. While Orbitz.com and the hotel's Web site advertise rates from $312 to $519 a night, the Bettchers' nightly rate will be just $287. Their deal: They're using a time-share plan purchased in the growing resale market.

The industry -- long slammed for its high-pressure sales tactics and exorbitant prices and fees -- has been evolving. In 2002, consumers paid an average $14,500 to purchase a time-share week.

...timeshare prices maybe seriously inflated...

Buying Resale Time Shares - Preview

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