Don’t Let Your Travel Resolutions Bust Your Budget

Travel More, Budget Better, New Years Resolutions

The new year is just around the corner, so it’s time to start brainstorming resolutions. If your New Year’s resolution is to travel more in 2023 and potentially save money while doing so, then a timeshare may be your solution. 

Travel More Often With Timeshares

According to the most recent Portrait of American Travelers study from MMGY Global, 63% of Americans plan to vacation in the next six months. 40% of those surveyed said they would not travel soon for financial reasons.

One of the perks of being a timeshare owner is knowing that you can vacation every year. A yearly getaway is guaranteed if you have a fixed timeshare week at your favorite resort each year or points to use where and when you want. Timeshare points can even be banked and borrowed; owners can save up their points for the next year or even borrow from next year’s allotment. This means they can take multiple small trips in one year or plan for one extended vacation. Plus, if you purchase your timeshare on the resale market, you can save thousands of dollars. This is because the seller can determine the price that they sell their timeshare for, so it is typically much cheaper than the retail price.

If you are not a timeshare owner but want to get the perks of ownership, you can rent a timeshare. Renting out a timeshare allows anyone to enjoy the spacious vacation villas and luxury amenities that vacation clubs offer. You can experience the best of a timeshare without the commitment. There is no limit to how many times you can rent a timeshare in a year, so you can travel as much as you want!

Vacation Clubs Allow You To Travel To New Places

Timeshare vacation clubs make it easy for members to book vacations in different destinations each year. Most of the top vacation clubs in the timeshare industry offer resorts in some of the most sought-after vacation spots in the world, including Orlando and the Hawaiian Islands. If you’re an owner with Hilton Grand Vacations Club, you may have the opportunity to vacation in Breckenridge one year and Cancun the next!

Timeshare vacation club members can expect the same quality of service at every resort they travel to within the brand. Owners can feel comfortable booking a vacation to somewhere they’ve never been before. Timeshares provide owners with a home away from home.

Often, timeshare resorts have convenient locations near the city’s most popular attractions. These centrally located properties will allow guests to explore the local area easily. For example, Marriott’s Grand Chateau is in the heart of the Las Vegas Strip. The world-class casinos, restaurants, and entertainment venues Las Vegas is known for are just steps away.

Timeshare brands are often affiliated with vacation exchange networks. These networks, such as RCI or Interval International, allow owners to trade their existing timeshare week/points for a stay at another resort. Vacation exchange networks have catalogs that include resorts worldwide from top timeshare brands. Owners can travel to destinations that are not available through their current ownership.

Save Money Booking Trips and While On Vacation

If your list of resolutions includes both traveling more and being more budget-friendly, then you’re in luck! Timeshare ownership through the resale market can not only save you money immediately, but it can also make your vacations cheaper in the long run.

Inflation has caused hotel prices to balloon, but timeshare owners are less affected by that. The American Resort Development Association (ARDA) says that “while hotel rates typically increase over time – sometimes sharply, as we are seeing today – the purchase of a timeshare can insulate owners from the economic pressures that affect daily rental rates, including inflation.” Most of the money you will spend on your timeshare is likely the initial cost of buying it. Then, you only need to pay your annual maintenance fees each year. According to ARDA, the average yearly dues cost owners $640 per interval for studios to $1,290 per interval for 3+ bedroom units.

Another way to save money is by renting a timeshare through companies like Timeshares Only instead of booking a hotel room. A week’s stay in a timeshare rental is often far less expensive than a week in a hotel room. For example, booking a week in a two-bedroom villa from Marriott at the Aruba Surf Club resort in March 2023 would cost you 8,230 USD. That same week in the same size villa would only cost 3,900 USD when rented through Timeshares Only.

Utilizing your villa’s fully-equipped kitchen is another way to save money while on a timeshare vacation. If you can stock up your kitchen with groceries and cook most of your meals, you will spend far less on food. 89% of respondents to an ARDA-conducted survey said that having a kitchen in their timeshare villa improved their vacation experience. Plus, if another one of your resolutions is to eat healthier, you can control what you eat while on vacation by cooking your own meals.

Stick To Your New Year’s Resolutions in 2023 With A Timeshare 

A 2016 survey showed that of the 41% of Americans who made New Year’s resolutions, only 9% successfully kept them. So, if you have “travel more” on the top of your News Year’s resolutions list, then maybe a timeshare could help you stick with it. Whether you are a timeshare owner or are simply renting one out, timeshare vacations can help you travel more in the new year. Plus, with timeshares bought on the resale market, you can save money while guaranteeing a lifetime of unforgettable vacations. 

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