Peak Season Is Still Ahead for Timeshare Stocks

  • 📰 WSJ
  • ⏱ Reading Time:
  • 36 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 63%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

Heard on the Street: Like most travel names right now, timeshare stocks are trading at or near record highs. Unlike some, they may deserve it.

But you haven’t heard the pitch yet. Coming off a year of lockdowns, consumers say they value the space and privacy of a home share. Soon, they might be back to wanting the amenities and trusted brand name of a hotel. Timeshares can offer both.

The industry has evolved since the days when people bought a set week in a set room at a set resort. Today, the largest timeshare companies offer consumers the ability to use points to travel to their resorts across the world for varying periods priced according to demand. Timeshare companies mainly make their money in three ways: sales, fees and financing. Offering financing is often key to selling prospective buyers on the spot who wander into a presentation from the beach with a margarita, but little ready cash, in hand. Interest on timeshare loans typically runs 13% to 14%, according to Jefferies analyst David Katz, making the spread compelling in the current interest-rate environment.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in AU
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Short em. Trust me

Sick Dictators,like Bubble Gum,STUCK to Our Life,does not lag behind! For More Than 2 Years The State Blocking Us everywhere!!! EU News All Day Advertise Human Rights ,but does Not React to Us! All Media are Silent! EU is Waiting for Montonegro to Pack and Send Us home to DEATH!

Australia Australia Latest News, Australia Australia Headlines