Exchanging Timeshares

by Barbara Shea
Staff Writer - Newsday.com
January 7, 2001
VACATION OWNERSHIP, as timesharing is now usually called, has come a long way from the days when fast-talking speculators reeled in tourists like flounder on tropical shores. Then, they were convincing vacationers to buy into a dream that all too often never attracted enough capital to get off the ground.

Sales forces these days are more likely to work for solid chains such as Disney or Hilton, whose approach is considerably more restrained. And as timesharing shed its smarmy image and added the flexibility demanded by today's vacationers, it has become the fastest growing segment of global travel and tourism.

The latest innovation in the field expands one of its most popular aspects: swap value.

Read this entire article in Newsday.