Timeshare Ownership Types

Today’s timeshares look and feel very different from your parents’ timeshare. Timeshare companies have expanded types of ownership to meet the demands of today’s traveler. The good news is that no matter what type of timeshare product you buy, the focus is always about great vacations.

Timeshare may seem confusing because ownership comes in many forms, but it doesn’t need to be. The first thing to know is that timeshares are designed to meet many different vacation styles. There are ownership types for those who love returning to the same destination and resort every year and there are other options for those that want to try a new resort and experience every year.

Club

Similar to buying membership to a country club, a club ownership offers a single-site or multi-site timeshare plan. Club members do not own a deeded interest in the club’s resort properties, and they use points to book their vacations.
Fixed Interval Week

With a Fixed Interval Week ownership, you receive interest in a specific resort unit. This includes the right to use it during a specific 7-day period each year. Some timeshare companies allow the ownership interest to be converted into points.
Interval or Weekly Interval

Vacation ownership is measured by a set number of days and nights of annual use, usually one week. An interval week will usually be assigned a week number, based on a timeshare calendar, depending on where in the year it falls.
Points-Based Products

Points-Based timeshares means purchasing points to use towards your vacations. Some timeshare companies allow you to use this “vacation currency” towards fees, deposit them into a timeshare exchange service, or save them for future use.
Home Resort

Your home resort is where lifelong memories are made. This is the resort where your ownership interest is located in a club or points-based program. Ownership is usually tied to this home resort and generally involves priority reservations in that location.

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Three kids wearing goggles splashing around in a swim float

Club

Similar to buying membership to a country club, a club ownership offers a single-site or multi-site timeshare plan. Club members do not own a deeded interest in the club’s resort properties, and they use points to book their vacations.

Mother and children wearing sunglasses taking a fun family photo together

Fixed Interval Week

With a Fixed Interval Week ownership, you receive interest in a specific resort unit. This includes the right to use it during a specific 7-day period each year. Some timeshare companies allow the ownership interest to be converted into points.

Young couple wearing hats, smiling and sitting on the beach

Interval or Weekly Interval

Vacation ownership is measured by a set number of days and nights of annual use, usually one week. An interval week will usually be assigned a week number, based on a timeshare calendar, depending on where in the year it falls.

Woman wearing orange jacket walking her bike down a trail

Points-Based Products

Points-Based timeshares means purchasing points to use towards your vacations. Some timeshare companies allow you to use this “vacation currency” towards fees, deposit them into a timeshare exchange service, or save them for future use.

Couple holding each other in front of a resort and looking into the distance

Home Resort

Your home resort is where lifelong memories are made. This is the resort where your ownership interest is located in a club or points-based program. Ownership is usually tied to this home resort and generally involves priority reservations in that location.

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