When I looked into two separate time share programs a few years back, both had annual maintenance fees larger than what I spend on lodging for a typical week vacation. And that didn't take into account the basic timeshare purchase. I could never see the financial benefit of a timeshare - at least for me!
Indeed. At the last timeshare presentation I attended, I got the distinct impression that the annual fees more than covered the operator's costs, including the initial capital investment. That would make the initial sale price pure profit.
Collecting big money up front and delivering a benefit of zero net value later. These timeshare sellers must have learned something from FF programs!
