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Timeshare beware. Bad old days consigned to history as Timeshare concept booms

Updated: Jun 4

Timeshare beware
Timeshare beware

Sydney Morning Herald September 24th 2014

Financial planner Peter Horsfield bought Timeshare from a developer’s presentation back in 2001. “We thought it’s going to be a long-term lifestyle decision that would force us to take holidays because we have to use it.” and he does, however before anyone proceeds they need to be timeshare beware, especially with regard to the high entry costs and the ongoing management fees needing to be taken into consideration, vs alternative accommodation options.

The couple have used it, but he’s also aware that the rise of online discount accommodation sites like Lastminute and Trivago is eroding Timeshare’s claim of cushioning purchasers against rising travel costs....

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