October 15, 2009

Westin Timeshare Resale

A timeshare is a unique kind of ownership of a property, which is often a condominium unit in a resort, whereby several people may have the right to use the unit at a particular time of the year.  This provided an option for people who often go for a vacation to be ensured that they would have a place to stay for that specific period of time every year and that they do not have to look for a hotel every time they have to go there.

A timeshare owner may also rent this particular property for that specific date if he is sure that he would not be able to use it.  Actually, the constraints imposed by the location and the specific dates could be overcome if the timeshare owners would be willing to exchange timeshares, and the resorts need not be the same or even owned by the same company.  Westin Timeshare resale, just like trying to sell any other timeshare today, is not the easiest thing in the world to do.

This concept of ownership was found to be advantageous to some popular hoteliers and resort developers because it resulted into higher occupancy rates.  Such companies include Starwood hotels and Resorts Worldwide-owned Westin Hotels and Resorts.  The clientèle of the Westin Hotels are from the higher end and are often business travelers or attendees of conventions.

Westin timeshares are geared towards the Westin Vacation Ownership that offers luxurious villa resorts in popular vacation spots all over the world.  With the exchange program known as the Starwood Vacation Network, Westin timeshare owners would be able to get access to the Starwood group of resorts and hotels in more than 80 countries.

If you are interested in buying a Westin timeshare, you could do it either through the resale or retail markets.  While some prefer to get their timeshares through the retail market, if you prefer to to buy at a lower price you may buy the timeshares through resale.  When you buy the timeshare through retail you may be given a reward, such as a voucher or gift card for staying in some resort for a night.  However, take note that retail prices of timeshares would naturally be higher compared to resale prices because the resort has to factor in the marketing costs.  On the other hand, buying a timeshare in the resale market will take longer because of the often unavoidable negotiations between buyer and seller.

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