A timeshare is a property with a divided form of ownership or use rights. These properties are typically resort condominium units, in which multiple parties hold rights to use the property, and each owner of the same accommodation is allotted their period of time. Units may be sold as a partial ownership, lease, or "right to use", in which case the latter holds no claim to ownership of the property. The ownership of timeshare programs is varied, and has been changing over the decades.
Property management is the operation, control, maintenance, and oversight of real estate and physical property. This can include residential, commercial, and land real estate. Management indicates the need for real estate to be cared for and monitored, with accountability for and attention to its useful life and condition. This is much akin to the role of management in any business.
A vacation rental is the renting out of a furnished apartment, house, or professionally managed resort-condominium complex on a temporary basis to tourists as an alternative to a hotel. The term vacation rental is mainly used in the US. Other terms used are self-catering rentals, holiday homes, holiday lets, cottage holidays and gites.
Choice Hotels International, Inc. is an American multinational hospitality company based in Rockville, Maryland. The company, which is one of the largest hotel chains in the world, owns several hotel brands ranging from upscale to economy. As of 2020, Choice Hotels franchises more than 7,100 hotels in more than 40 countries and territories worldwide, representing nearly 600,000 rooms, in addition to 1,035 hotels under construction with more than 85,000 rooms.
Disney's Hilton Head Island Resort is a Disney Vacation Club Resort and vacation rental accommodation located in Hilton Head Island, South Carolina. It opened on March 1, 1996 as part of the Disney brand of timeshares.
A condo hotel, also known as a condotel, hotel condo or a contel, is a building which is legally a condominium but which is operated as a hotel, offering short term rentals, and which maintains a front desk.
Travel + Leisure Co. is an American timeshare company headquartered in Orlando, Florida. It develops, sells, and manages timeshare properties under several vacation ownership clubs, including Club Wyndham and WorldMark by Wyndham, and provides timeshare exchange services, primarily through RCI.
Trading Places International (TPI) is a corporation located in Lake Forest, California. TPI provides a full spectrum of vacation services to vacation interval owners, resort associations, and resort developers. They rank third worldwide in independent vacation exchanges confirmed annually at hundreds of resorts. The company specializes in association and resort management, vacation exchanges, rentals, owner resales, traditional travel, and developer support offerings.
Short-term rental, often abbreviated to STR, describes furnished self-contained apartments or houses that are rented for short periods of time. They are usually seen as an alternative to hotels. "Short stay" rentals are an offshoot of the corporate housing market, and are also offered by private owners and investors via online platforms such as Airbnb. Popular uses include vacation rental and relocation.
Long & Foster Real Estate is part of The Long & Foster Companies, a subsidiary of HomeServices of America, a Berkshire Hathaway affiliate. HomeServices is the nation’s largest real estate brokerage by transaction sides and one of the largest providers of integrated real estate services. The Long & Foster Companies is the parent company of Long & Foster Real Estate, Prosperity Home Mortgage, LLC, Long & Foster Insurance, and Mid-States Title, as well as HomeServices Property Management, Insight Home Inspections, Tailored Move, Long & Foster Vacation Rentals, Long & Foster Corporate Real Estate Services and Urban Pace. Long & Foster Real Estate is a member of Forbes Global Properties, and it is a founding affiliate of Leading Real Estate Companies of the World, a prestigious global network of real estate professionals that includes the Luxury Portfolio International division.
Jones Lang LaSalle Incorporated (JLL) is a global commercial real estate services company, founded in the United Kingdom with offices in 80 countries. The company also provides investment management services worldwide, including services to institutional and retail investors, and to high-net-worth individuals, as well as technology products through JLL Technologies, and VC investments via its PropTech fund, JLL Spark. The company is ranked 185 on the Fortune 500. It is one of the "Big Three" commercial real estate services companies, alongside Cushman & Wakefield and CBRE.
Scott McGillivray is a Canadian entrepreneur, investor, television host, author and educator.
HomeAway was a vacation rental marketplace. It operated through 50 websites in 23 languages through which it offered rentals of cabins, condos, castles, villas, barns, and farmhouses.
A motorhome hire agency is a company which hires privately owned motorhomes to customers. This practice is common in the UK, where several agencies dominate the market. Motorhome hire is a type of vacation rental. More recently, campervan rentals have become more popular in the U.S. Campervan hire is a category of vacation rental.
Airbnb, Inc. is an American San Francisco-based company operating an online marketplace for short-term homestays and experiences. The company acts as a broker and charges a commission from each booking. The company was founded in 2008 by Brian Chesky, Nathan Blecharczyk, and Joe Gebbia. Airbnb is a shortened version of its original name, AirBedandBreakfast.com. The company is credited with revolutionizing the tourism industry however it has also been the subject of intense criticism by residents of tourism hotspot cities like Barcelona, Venice, etc. for enabling an unaffordable increase in home rents, and for a lack of regulation.
Vacasa is an international vacation rental management company based in Portland, Oregon. It provides property management services for over 35,000 vacation rentals in North America, Belize, and Costa Rica. Vacasa manages properties in 34 U.S. states.
FlipKey is an online vacation rental marketplace. It is a subsidiary of TripAdvisor. In 2016 the company listed more than 300,000 properties in 179 countries. Its headquarters is in Boston, Massachusetts, United States.
Plum Guide is a global vacation rental company headquartered in London, UK, with offices in New York and Hong Kong. The company was launched in 2016.
Guesty is a property management software. It is used by property managers to manage short-term rentals listed on multiple platforms such as Airbnb, Vrbo, and Booking.com.
Vrbo operates an online marketplace for vacation rentals. It was originally known as Vacation Rentals by Owner or VRBO. It is headquartered in Austin, Texas, and is owned by Expedia Group.
