Here's why owning a timeshare may not be worth it
Publishing timestamp: 2024-01-22 11:00:01
Summary
Timeshares have become more common and expensive, but many owners struggle to exit their contracts. The resale market for timeshares is not favorable, with most properties losing value. Many buyers regret their purchase, and there are rising annual maintenance costs. The Better Business Bureau has received numerous complaints about two of the largest timeshare companies, Wyndham Destinations and Hilton Grand Vacations.
Sentiment: NEGATIVE
Tickers: VAC, HLT, HGV, WH, TNL, MAR,
Keywords: travel, hilton grand vacations inc, marriott international inc, wyndham hotels & resorts inc, marriott vacations worldwide corp, video first, business news, hilton worldwide holdings inc, travel + leisure co,
Source: https://www.cnbc.com/2024/01/22/heres-why-owning-a-timeshare-may-not-be-worth-it-.html