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How will Inflation affect Timeshare Maintenance Fees in 2022?
In short yes. Inflation increases everything in the economy. Luxury travel and travel memberships industry have the ability to transfer the increased costs of operating to its membership. As an owner of a timeshare this shows up as an assessment or increased maintenance fees. Normally they increaseRead more
In short yes. Inflation increases everything in the economy. Luxury travel and travel memberships industry have the ability to transfer the increased costs of operating to its membership.
See lessAs an owner of a timeshare this shows up as an assessment or increased maintenance fees. Normally they increase 2%-5% annually. However, if the costs of staffing, untitles, marketing, and interest rate hikes will draw out these increases faster.
I hope this helps to understand that inflation will affect you and your timeshare membership.
Is it ever worth it to buy a timeshare in 2022?
No, it's not a good idea to buy a timeshare now due to rise in inflation.
No, it’s not a good idea to buy a timeshare now due to rise in inflation.
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