The Concept of Vacation Ownership

"Vacation Ownership" is what hotels and resorts like to call a Timeshare theses days.   It's like the way "used cars" are now marketed as "pre-owned" vehicles.   An elegant new name for the same product.

The timeshare concept was invented in the mid 20th century in Europe at a ski lodge.  The owner figured that instead of renting out rooms, his or her guests would instead own a room at the lodge. 

To make the proposition appealing and affordable, instead of owning the room all year around, a guest would only own it for a short period of time each year.  This allowed the lodge owner to "sell" the same physical space many times over to multiple people.

The idea appealed to the masses and was largely successful.

Exposing the truth in timeshare and vacation ownership scams.
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