Growth of Timesharing in the Emirates is a Relief to these Countries

The financial crisis revealed a decline of timesharing in western countries. Timeshare companies experienced a decrease in sales and more timeshare owners are seeking for timeshare relief. However, a different scenario is happening in the Emirates.

Countries belonging to the Emirates are seeing a revival of the timeshare industry. It is gaining additional popularity that timeshare companies there are now preparing for timesharing of not only vacation accommodations but also yacht and private planes.

Wael Hussein Amer, deputy general manager of Arabian Falcon, stated that timesharing is gaining a following because of the cost sharing it offers the interested timeshare package buyers. It allows people to own a property for a week or more at a much lower rate than actually buying the whole property. They consider it more viable because of the fact that these properties are usually used for a couple of days only in a year’s time.

Luxury goods buyers are the ones who are finding it really convenient. They are naturally into purchasing luxury items and now with timesharing, they get to use these luxuries and maintain their luxurious lifestyle at a fraction of the cost it amounts to once bought not under the timeshare system.

Timesharing may have seen a decrease in the US and other western countries but this growth in the Emirates is a relief enough to the industry. Some of these owners may also end up getting rid of their timeshare contracts but the timeshare industry can still be happy with that knowing that timeshares were sold out at this point in time.