Friday, November 11, 2005

Technology Rapidly Changing To Accommodate New Timeshare Trends

Over the last year or so, the traditional timeshare concept has been expanding to include two new trends. Now, in addition to the multiple-ownership timeshare model, there are two non-traditional hybrid models gaining wide acceptance throughout the industry: condo-hotels and private residence clubs. While these two models are similar to the original timeshare model in many ways, they are some marked differences. Needless to say, technology has been quick to adjust to these new trends. Many new software solutions have been introduced in recent months to meet the challenges of both the condo-hotel and private residence club models. In most cases, because these new models are different enough from the traditional timeshare model, completely new technology has been written to accommodate these new hybrids.

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