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Time share holidays
Time share holidays are holiday packages in which the customers pays a fixed amount either upfront or in installments and is entitled to free holidays for a specified duration every year for a specified number of years. The amount the customer has to pay depends on the time when he or she is planning to take a holiday. Typically each customer gets a weeks holiday every year for a period of 25 years in a chain of holiday resorts throughout the country or even worldwide. The timeshare company may also charge an annual maintenance fee from its customers , which may vary according to the expenses. If the customer is unable to avail of the holiday it can usually be carried forward to the next year. The customer can all sell or gift the time share to another person.
The major time share companies in the country are:
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