Are Timeshares a Scam? Surveys Reveal the Surprising Answer
60% of people recently surveyed had little to no knowledge of timeshares, yet 77% would not consider owning a timeshare. Why is that?
In a word-association exercise, 62% of survey participants think "scam" or "rip-off" as the first thing that comes to mind about timeshares. But if they don't know much about them, where are they getting these perceptions from?
An new survey explored the reasons why people think negatively about this billion-dollar piece of the travel world.
Word of Mouth
62% of those surveyed said friends or family members told them that timeshares are a scam
But Owners Themselves are Happy
it may be shocking to learn that an overwhelming majority who own one enjoy them
So much so more than half of timeshare owners own more than one, and about 30% are looking to buy more
Other survey results report that 90% would rate their overall ownership experience as good or better
And 81% of respondents believe timeshare ownership allowed them to save money on their vacations
So Why Do Timeshares Have a Bad Reputation?
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