Whats the difference between a timeshare and a vacation club?
Timeshare: A timeshare is a form of ownership or right to the use of a property, or the term used to describe such properties. Timeshare properties are typically resort condominium units, in which multiple parties hold rights to use the property, and each sharer is allotted a period of time (typically one week) in which they may use the property. Timeshares may be on a part-ownership or lease/”right to use” basis, in which the sharer holds no claim to ownership of the property. Usually a timeshare refers to one such resort condominium property or various specified resort condominiums. One example of a Timeshare is RCI http://www.rci.com Vacation Clubs: A vacation clubs is a variation of a timeshare. Think of it more like a hotel oriented timeshare, yet it provides a membership for one specified hotel or grouping of hotels resorts, rather than resort condominiums. You can stay at a group of hotels related to these hotels, such as Marriott Vacation Club, Hilton Grand Vacations, or Disney
