Timeshare failed to evolve against rise of Airbnb

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Timeshare failed to evolve against rise of Airbnb
« on: June 14, 2018, 22:40:41 »
The "sharing economy" in travel didn't arrive on the scene with the advent of global mega-brands such as HomeAway or, more recently, Airbnb.

The traditional timeshare first became popular in the 1950s and 1960s, as a way for people to own a slice of time of an overseas property, then exchange their week(s) for other units around the world during the calendar.

Whilst beset by bad publicity around scams in the 1980s and 1990s, timeshare ownership is still estimated to be in the region of 20 million households globally that have part-ownership of a property, according to Timeshare Consumer Guide, one of the sector's representative groups.

https://www.phocuswire.com/Timeshare-sharing-economy-changes [nofollow]