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FlexWeek, Inc. (FXWK) Makes Timeshare Ownership More Rewarding
Timeshares have developed a bit of a questionable reputation over the years, but they still offer one of the most affordable ways to own property in some of the world’s most desirable locations. The idea is relatively simple. When buying a timeshare, a group of people agrees to split the costs of a home, cabin or condo and divide the time that they can use the property amongst themselves. As long as an individual owns part of the timeshare, they can enjoy an annual visit to the vacation spot without enduring the rising rates of hotel rooms and other rentals.
While this may sound great, what happens when you find yourself busy during the period in which the timeshare is yours? The answer, at least for most timeshare owners, is to attempt to sell the time to other renters. Traditionally, this has required going to a trading company, such as Interval International or RCI, and banking timeshare weeks in hopes that they would be purchased.
However, FlexWeek, a pioneer in the global peer-to-peer marketplace, has now introduced a revolutionary platform designed to improve the rental process.
Similar to AirBNB’s $20 billion approach to the travel industry, FlexWeek’s platform allows owners to discover, book and offer unused vacation time directly to the public and other timeshare owners. By eliminating the need for costly trading platforms, the company is providing an alternative solution to the approximately 21 percent of timeshare bookings that currently go unfulfilled, allowing owners to practically eliminate the recurring costs of private timeshare ownership.
For more information visit www.flexweek.com
