Timeshare tips

Michael Brown, CEO of Travel and Leisure Co., made $8.4 million in total compensation in 2023. That was the highest take-home pay among timeshare company CEOs, according to proxy statements filed last week.

Marriott Vacations Worldwide on Thursday launched its first collection of timeshares in cities, a sign of growing demand for timeshares beyond traditional resort locations.

Hilton Grand Vacations reported financial results on Thursday, following recent reports from timeshare operator rivals Marriott Vacations Worldwide and Travel and Leisure Company.

Hilton Grand Vacations has offered to acquire Bluegreen Vacations, two publicly held vacation ownership companies said on Monday.

Many consumer businesses bemoan rising inflation as a buzzkill, but not Hilton Grand Vacations. The timeshare company believes that consumers will find its stably priced product relatively more attractive compared to increasing rates for hotels and vacation homes.

Marriott Vacations Worldwide Corp‘s new CEO John Geller said on Thursday that the company’s fourth-quarter earnings underscored continued strength in leisure demand for its timeshare properties, package tours, and other offerings for travelers, despite talk of economic uncertainty.

Stuck paying for a timeshare you want out of? You’re not alone: Some 85 percent of the nine million timeshare owners in the U.S. are looking to get out of a timeshare contract. This is according to a service that helps people get out of timeshares, called Timeshare Exit Team—which has mixed reviews online with success stories among them, and a favorable rating from the Better Business Bureau.