{"id":3612,"date":"2019-06-06T01:48:51","date_gmt":"2019-06-06T01:48:51","guid":{"rendered":"http:\/\/blog-1199783855.us-west-2.elb.amazonaws.com\/blog\/?p=3612"},"modified":"2019-07-03T18:57:34","modified_gmt":"2019-07-03T18:57:34","slug":"house-sharing-timeshare-industry","status":"publish","type":"post","link":"https:\/\/blog-origin.redweek.com\/blog\/2019\/06\/06\/house-sharing-timeshare-industry\/","title":{"rendered":"House Sharing: Timeshare Industry Expands Into New Market"},"content":{"rendered":"<p><span style=\"font-weight: 400\">House sharing networks and sites have gained popularity at lightning speed. A decade ago, travelers were limited to hotels, resorts, and <a href=\"https:\/\/www.redweek.com\/blog\/2019\/02\/timeshare-vacation-travel-bucket-list\" target=\"_blank\" rel=\"noopener noreferrer\">timeshares as vacation options<\/a>. \u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">When house sharing apps came along, Marriott was the first major brand to take notice of the home exchange demand. The <\/span><a href=\"https:\/\/homes-and-villas.marriott.com\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400\">Homes and Villas by Marriott International<\/span><\/a><span style=\"font-weight: 400\"> is its new initiative into this market. Marriott offers timeshare owners access to entire luxury homes and villas in leisure markets across the Americas and Europe. \u00a0<\/span><\/p>\n<h3><b>Convert Your Points<\/b><\/h3>\n<p><span style=\"font-weight: 400\">If you are a timeshare owner and part of the Marriott system, you can use your points to book vacations at the homes and villas offered in the new program. Owners can convert their SPG Star Options and Marriott Points to Marriott Bonvoy points. <a href=\"https:\/\/homes-and-villas.marriott.com\/\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright wp-image-3615\" src=\"\/content\/uploads\/2019\/06\/Screen-Shot-2019-06-05-at-9.19.35-PM.png\" alt=\"house sharing timeshares\" width=\"356\" height=\"493\" srcset=\"https:\/\/blog-origin.redweek.com\/content\/uploads\/2019\/06\/Screen-Shot-2019-06-05-at-9.19.35-PM.png?v=b2f00bddbddf8afb922a778dc19f4d7f 646w, https:\/\/blog-origin.redweek.com\/content\/uploads\/2019\/06\/Screen-Shot-2019-06-05-at-9.19.35-PM-250x347.png?v=b2f00bddbddf8afb922a778dc19f4d7f 250w, https:\/\/blog-origin.redweek.com\/content\/uploads\/2019\/06\/Screen-Shot-2019-06-05-at-9.19.35-PM-120x166.png?v=b2f00bddbddf8afb922a778dc19f4d7f 120w\" sizes=\"auto, (max-width: 356px) 100vw, 356px\" \/><\/a><\/span><\/p>\n<p><span style=\"font-weight: 400\">On the <a href=\"https:\/\/homes-and-villas.marriott.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Marriott\u2019s website<\/a>, you get an interactive, user-friendly experience to learn about the Bonvoy Program. It also provides step-by-step instructions on how to convert your vacation ownership interest into Bonvoy Points. <\/span><\/p>\n<h3><b>House Sharing: Friend or Foe?<\/b><\/h3>\n<p><span style=\"font-weight: 400\">Wyndham also has responded to the popular house sharing phenomenon, and with its new owner base of 60% Millennials and Gen Xers, the brand has increased inventory in <\/span><a href=\"https:\/\/www.redweek.com\/blog\/2019\/05\/vacation-experience-urban-timeshares\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400\">hot urban markets<\/span><\/a><span style=\"font-weight: 400\"> such as Portland, Nashville, and Austin. \u00a0\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">Recently, <\/span><a href=\"https:\/\/www.cnbc.com\/video\/2019\/05\/30\/wyndham-ceo-no-change-in-global-leisure-travel.html\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400\">Wyndham CEO Michael D. Brown<\/span><\/a><span style=\"font-weight: 400\"> appeared on CNBC where he shared his insight on house sharing apps and how he thinks they\u2019ve actually helped the timeshare industry. Brown says people want more space, more amenities, and more locations for vacations. This desire paves the way for more travelers to choose to rent or own timeshares.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Timeshares offer a \u201chome away from home\u201d experience. Coupled with high-quality customer service and luxury resort locations, the timeshare industry will continue to be an attractive vacation option for travelers.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"House sharing networks and sites have gained popularity at lightning speed. A decade ago, travelers were limited to hotels, resorts, and timeshares as vacation options. \u00a0 When house sharing apps came along, Marriott was the first major brand to take notice of the home exchange demand. The Homes and Villas by Marriott International is its&#8230;","protected":false},"author":8,"featured_media":3614,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[3205,3084],"yst_prominent_words":[],"class_list":["post-3612","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","tag-house-sharing","tag-timeshare-vacation"],"acf":[],"_links":{"self":[{"href":"https:\/\/blog-origin.redweek.com\/blog\/wp-json\/wp\/v2\/posts\/3612","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog-origin.redweek.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog-origin.redweek.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog-origin.redweek.com\/blog\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/blog-origin.redweek.com\/blog\/wp-json\/wp\/v2\/comments?post=3612"}],"version-history":[{"count":7,"href":"https:\/\/blog-origin.redweek.com\/blog\/wp-json\/wp\/v2\/posts\/3612\/revisions"}],"predecessor-version":[{"id":3622,"href":"https:\/\/blog-origin.redweek.com\/blog\/wp-json\/wp\/v2\/posts\/3612\/revisions\/3622"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blog-origin.redweek.com\/blog\/wp-json\/wp\/v2\/media\/3614"}],"wp:attachment":[{"href":"https:\/\/blog-origin.redweek.com\/blog\/wp-json\/wp\/v2\/media?parent=3612"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog-origin.redweek.com\/blog\/wp-json\/wp\/v2\/categories?post=3612"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog-origin.redweek.com\/blog\/wp-json\/wp\/v2\/tags?post=3612"},{"taxonomy":"yst_prominent_words","embeddable":true,"href":"https:\/\/blog-origin.redweek.com\/blog\/wp-json\/wp\/v2\/yst_prominent_words?post=3612"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}