Timeshare Explained: Everything You Need to Know
Whether you’re new and need a simple “timeshare for dummies” explanation or curious about the benefits, this guide explains what timeshare is, how do timeshares work, and the key advantages of timeshare ownership.
From flexible vacation options to resort amenities, learn how timeshares offer a unique way to enjoy your dream getaways year after year
What Is a Timeshare?
A timeshare is a popular vacation ownership model where multiple buyers share rights to use specific vacation properties, for defined time periods annually. In simple terms, timeshare explained means owning a portion of vacation time rather than the entire property. This allows you to enjoy the comforts of a timeshare resort or timeshare property each year without the full expense of buying a vacation home.
How Is Timeshare Different from a Regular Hotel Stay?
A hotel gives you a room for a night (or several), and that’s where it ends. With timeshare ownership, you’re not just booking a room. You’re investing in future holidays.
A timeshare property or resort lets you return year after year, often with more space, home-style amenities, and the comforting feeling of a vacation home. Plus, unlike one-off hotel stays, timeshare vacations can be exchanged, upgraded, or used flexibly across different destinations.
How Does Timeshare Work?
A timeshare usually involves an upfront purchase of a membership or share in a property, plus annual fees. In return, your membership gives an allotment of points to use for timeshare rentals at hotels and resorts throughout the year.
Many vacation ownership programmes also offer exchange networks, allowing you to trade your time or points for stays at thousands of different hotels and resorts around the world.
Is Timeshare a Good Idea?
Yes, if you enjoy planning in advance and prefer staying in a quality resort environment such as Club Wyndham Asia. It also helps to “inflation-proof” your holidays, as you lock in the price of your timeshare accommodation for years to come.
Still, it’s important to match timeshare ownership with your travel lifestyle. If you like spontaneous, one-off trips, a timeshare might feel restrictive. But if you prefer planned, quality escapes every year, it’s a smart way to holiday.
What are the Types of Timeshare Ownership?
Here are some of the more common types:
- Deeded ownership: This is traditional ownership where you hold a deed for your share of the timeshare property, similar to real estate. You can sell, rent, or pass it on to heirs.
- Right-to-use: You have the right to use the property for a specific term without ownership of the property itself.
- Points-based system: This highly flexible model allows you to purchase an annual allotment of points, which then act as a currency. The points can be redeemed for stays at any of the hotels and resorts within the network. This approach has changed how do timeshares work today, giving owners more control over their travel plans.
- Fixed-week timeshare: This is the traditional model, where you own the right to stay at a specific resort for the same week every single year. It’s ideal for those who prefer predictability.
What are the Key Benefits of Timeshare Ownership?
Owning a timeshare comes with distinct advantages that make vacations easier and more enjoyable:
- Consistency and variety: You can return to your favourite resort or swap your allocation for new destinations within a network.
- More space: Timeshare resorts usually offer units with full kitchens, multiple bedrooms, and living areas. This is ideal for families or groups.
- Resort amenities: From pools to fitness centres and restaurants, timeshare resorts provide a full holiday experience.
- Flexible vacation options: Especially with points-based ownership, you can enjoy various locations and adjust your vacation calendar.
- Value for money: Over time, owning a timeshare can be more economical than booking hotel rooms year after year.
How Much Is a Timeshare? Is It Expensive?
The cost of a timeshare varies depending on the membership tier, resort network, and location. We’re here to assist you towards becoming a member! Contact us, and we’ll get back to you soonest.
What Makes Club Wyndham Asia Different?
Timeshare ownership can be viewed as an investment in future travel at today’s prices. The Club Wyndham Asia timeshare vacation model offers:
- Inflation-proofing as you lock in in the cost of future holidays.
- A unique structure where members are eligible for a share of net proceeds from the sale of the timeshare property at the end of the term in 2040, presenting a potential financial return.
- Financial flexibility as members can use the “Flexi-Levy” option to waive annual fees in years they do not travel, making the commitment more adaptable to their lifestyle.
- The adaptable Flexistay and Flexistay Advance cash-based system allows members to purchase additional single use Points to make or complete a holiday booking.
- Travel Wallet that gives members the opportunity to earn and redeem Travel Cash.
What are the Membership Tiers at Club Wyndham Asia?
Club Wyndham Asia offers a flexible points-based membership system with tier levels that grant varying benefits depending on the number of points you own. These tiers are designed to enhance your vacation experience and provide increasing flexibility and privileges as you grow your timeshare ownership:
- Gold Emerald Tier (5,000 to 19,999 points): Enjoy access to associate and affiliate resorts, travel wallet features, RCI membership, and Wyndham Rewards exchange benefits.
- Gold Sapphire Tier (20,000 to 39,999 points): Adds complimentary resort activities, valet parking, the option to purchase additional points, and priority cancellation protection.
- Platinum Ruby Tier (40,000 to 59,999 points): Includes apartment upgrades, presidential stays, resort discounts, and concierge services.
- Platinum Diamond Tier (60,000+ points): Offers guaranteed reservations, early check-in, prestige assistant services, and other exclusive privileges.
Each membership tier unlocks benefits tailored to your travel style and timeshare needs, giving you more control over your vacations at timeshare resorts. Whether you’re new to timeshares or a seasoned owner, these tiers ensure your ownership experience grows with your lifestyle.
- Gold Emerald Tier (5,000 to 19,999 points): Enjoy access to associate and affiliate resorts, travel wallet features, RCI membership, and Wyndham Rewards exchange benefits.
How does Club Wyndham Asia Work?
Here’s how it works in 5 simple steps:
- Join the club.
- Receive points annually.
- Stay in our hotels and resorts.
- Earn and redeem Travel Cash to use within the Club.
- Share in the net proceeds of the sale of the club properties when they are sold in 2040.
Where in the World Can the Club Take me?
With Club Wyndham Asia, you’ll be able to enjoy time shared in resorts across a variety of destinations, including Thailand, Indonesia, Japan, China, Australia, New Zealand, Fiji, Hawaii, the United States, Canada, Mexico, Germany, Italy, and France.
How is that possible? Your membership includes access to Club Wyndham Asia resorts, and:
- Affiliate resorts from sister clubs
- Selected Greenland Kang Young resorts in China
- Complimentary RCI membership for three years, providing access to more than 4,200 resorts all over the world
- Option to exchange points for stays at thousands of hotels, vacation club resorts, and vacation rentals worldwide (fees apply)
Add Value to Time Shared, with Club Wyndham Asia Timeshare
As a member of Club Wyndham Asia, you will be pre-paying for vacations for years to come, which can provide you with great savings. While hotel and holiday accommodation prices continue to climb, members enjoy stable exchange values at Club Wyndham Asia resorts.
Your only costs are a one-time membership acquisition plus annual levies, making holiday planning simpler and more predictable. And here’s the bonus! In 2040, when the Club’s properties are sold, any net proceeds will be shared among all Premier and Premier Pioneer members. Do note that returns aren’t guaranteed.
Add Value to Time Shared, with Club Wyndham Asia Timeshare
As a member of Club Wyndham Asia, you will be pre-paying for vacations for years to come, which can provide you with great savings. While hotel and holiday accommodation prices continue to climb, members enjoy stable exchange values at Club Wyndham Asia resorts.
Your only costs are a one-time membership acquisition plus annual levies, making holiday planning simpler and more predictable. And here’s the bonus! In 2040, when the Club’s properties are sold, any net proceeds will be shared among all Premier and Premier Pioneer members. Do note that returns aren’t guaranteed.
Ready to Start Your Timeshare Journey?
Whether you’re looking to create lasting family traditions, enjoy the comfort of spacious timeshare accommodation, or simply want more value from your holidays, Club Wyndham Asia makes it easy.
