Types of Timeshares

In this section, we'll discuss the different types of timeshares available to match your personal vacation style.

If any of these issues are important to you, be sure to ask your Toshali Luxury Club Consultant before you buy timeshares.

Fixed Week :The oldest and most familiar form of timeshare is the fixed week type. The weeks of the year are numbered 1-52 and you purchase one or more weeks to be used at the same time each year at your home resort. The advantage to these types of timeshares is the assurance that your resort unit will be waiting for you faithfully each year. If you choose to exchange your fixed week you will receive a week at another resort in a similar season as yours, but most likely not the same week as you own.

Floating Time : The next type of timeshare is floating time. You buy your vacation time by size of unit and season of the year, not designated as to the actual date or week of the year. It is your responsibility to contact your resort each year and confirm your exact arrival date to the resort. (Check-ins are usually resort specific). Obviously these types of timeshares offer some scheduling flexibility, however it is usually based upon a first come—first served basis, so highly desirable weeks go early during their season. Also, when exchanging, you must first reserve or affix your time at your home resort before the Exchange Companies will accept it for deposit. Tip: Book as early as your resort allows giving you as many options as possible.

Points: The newest form of timeshare membership to become popular is the points system or credits. You purchase a specific number of points or credits, which enables you to travel in specific seasons of the year and to various sized units. You also have the ability to use most point or credit based resorts for a minimum of 1 night to the maximum number of weeks purchased. The point or credit distribution usually relates to more points or credits used during high seasons and larger accommodations versus a smaller unit during the quiet season. Because these timeshares are very flexible, they are growing in popularity.