Timeshare industry queen Amela Smailbegovic talks about the benefits of owning a vacation property

Going on a luxury vacation and spending almost no money on accommodation seems like a dream come true. As Amela Smailbegovic points out, it’s a dream that can easily turn into reality with a timeshare property. “Timeshare is a commitment to fractional ownership of property such as resorts, condominiums, apartments and campgrounds,” she says. “It’s the best option for people who like to go on vacation but like to stay in one place. This way, instead of paying full price for your vacation every year, you pay a fraction of the cost of using ownership for a fixed or varying number of weeks each year for a number of years the sharing economy where Airbnb and similar companies offer almost the same benefits, this raises a critical question: is timeshare even relevant? ?

Smailbegovic, who has been in the timeshare industry for over 15 years now and is one of the industry’s top producers (with over $40 million in annual sales), says timeshare and Airbnb (and others) have their pros and cons. and appeal to a different type of people. “With Airbnb, you just rent the place and don’t own it. On the other hand, with a timeshare, you own the time you’re going to be there – the time you can resell or pass ownership to another person,” says Smailbegovic. It’s also worth noting that the timeshare industry is currently booming. According to a recent study by the American Resort Development Association (ARDA) State of the Vacation Timeshare Industry: United States Study , industry sales have steadily increased over the past decade – from $8.6 billion in 2015 to $10.5 billion in 2019. The pandemic has rocked the boat a bit ( after all, what industry hasn’t been affected?), but timeshare quickly rebounded with an astonishing 67% increase in sales from Q4 2020 to Q4 2021, according to ARDA’s Q4 2021 Pulse report .

As Amela Smailbegovic points out, the best thing about timeshare is that owners don’t have to worry about where they’ll go on vacation or skyrocketing prices, because they’ve got it all figured out right away. ‘advance. prefer quality over quantity, but with more timeshare they can get both,” says Smailbegovic. Typically professionally managed, timeshare properties offer a wide range of resort-style services and amenities. They generally offer more space and amenities than standard hotel rooms, making vacations more enjoyable and relaxing without the hassle of venturing into the unknown. I want to worry about anything,” she adds. “Want to go to Europe on a Viking cruise? Do! Want to stay in Positano every year for a month? Done and done! You own the time there, and no one can interrupt your fantastic stay.

Presented by: Luke Lintz

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