Here's Why People Think Timeshares Are a Scam - Survey Reveal the Surprising Answers
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60% of people recently surveyed had little to no knowledge of timeshares, yet 77% would not consider owning a timeshare. Why is that?
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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?
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An new survey explored the reasons why people think negatively about this billion-dollar piece of the travel world.
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Word of Mouth
62% of those surveyed said friends or family members told them that timeshares are a scam
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But Owners Themselves are Happy
it may be shocking to learn that an overwhelming majority who own one enjoy them
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So much so more than half of timeshare owners own more than one, and about 30% are looking to buy more
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Other survey results report that 90% would rate their overall ownership experience as good or better
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And 81% of respondents believe timeshare ownership allowed them to save money on their vacations
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So Why Do Timeshares Have a Bad Reputation?
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