“Timeshare is keeping up with the times. Despite the tough economic climate, year-on-year our resorts, hotels, chalets, apartments and other accommodations have enjoyed some of the highest occupancy rates in the hospitality sector. This confirms that timeshare tourism in South Africa is consistently performing and that more than 500 000 vacation owners and holiday club members are actively taking holidays and are enjoying the benefits of their shared vacation ownership products,” said Alex Bosch, VOASA’s Chief Operating Officer.
He added that according to StatsSA, other hospitality sectors (such as hotels, caravan and camping, guest houses and farms) are averaging an industry occupancy of 51.8%. “When compared to timeshare’s 90% average occupancy, it is evident that timeshare tourism is making a valuable contribution to the country’s domestic tourism economy”.
The question then arises: What can the high occupancy rate of timeshare accommodations be attributed to?
According to Bosch it’s easy to see the appeal from the timeshare and holiday club owner’s perspective: quality holidays that are affordable in today’s economy.
“People love flexibility and choice. We have a different way of travelling when we’re with family, as healthy active adults and when we’re seniors. With shared vacation ownership you can choose the type of holiday that best suits your needs. Furthermore, you have all the conveniences of home, maintained and upgraded regularly, you have the familiarity of a favourite destination you can return to each year, guaranteed; or you can trade off your time for a stay in another destination. Plus, the large variety of onsite leisure and sporting activities keep children entertained, which is another big saving on your holiday cost,” concluded Bosch.