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Re: Timeshares is good investment or not. (by Peter C.):
BTW,
Vacation travel is most certainly not in the tank. Timeshares nearly always book out before any other lodging and even though numerous hotels have a lot of vacancy, people are calling me for timeshares which are near or at their reservation limit. Apr-Jun 2008 were indeed terrible, those three months combined were lower than any month I booked in 2007. But then people began making inquiries just as much as in Jan-Mar, the primary difference is that they want to pay less. November is going to be another strong month for me. That's bookings in November, not the dates people are staying. I'm still discounting pricing, making less per unit, but a lot more people are booking now than in Apr-Jun, Sep, or Oct. That's probably due to lower airfares now that fuel is lower and my Christmas / New Years bookings (as always) are higher now since it's less than 2 months away (I wish people would book farther in advance so I have more to offer!). But I'm also booking Spring Break units at a good clip and some of them are close to "normal" pricing.