The biggest expense on an average trip other than airfare is that of accommodations. There are various choices available to people today - hotel rooms, rentals, and so on.
In the 1960's a European resort owner marketed the idea of "buying the hotel" instead of simply renting it. This idea was later marketed globally under the label of timeshare.

What Is Timeshare?

Timeshare is a model of property division that has most commonly been used for real estate. However, recently, this has also been applied to purchase of boats, private jets, and more. Essentially, a timeshare is partial ownership of a property. Each timeshare certificate gives the owner a certain yearly/monthly usage time of the said property. The owner can choose to use the time personally or rent it out if so wanted. Many timeshare owners opt to use their time as an advertising system, which is why many people have the misconception that timeshare refers to "sharing your vacation time attending advertising seminars". This is so simply because advertising agencies are willing to pay a higher amount for a short usage time as rent than most others.

Different Kinds Of Timeshare

Fixed Week: This is the most common kind of ownership and provides, as the name suggests, ownership for a fixed week.

Floating Timeshare : This allows the user to pick from a number of different time frames. For example, the timeshare owner may allow the user to pick any two weeks from week 22 to week 30. This is a flexible system and is not very commonly used since it may be harder to find owners for the least used weeks such as middle of winter.

Rotating Timeshare : This for form of timeshare rotates each of the member's holdings every year. As such, one member may have week 21 in one year, and week 22 the next. This allows all the partial owners to get a shot at renting out during the most competitive season.

Vacation Clubs : This is by far the most flexible form of timeshare and is quickly becoming popular. A Vacation Club (such as Global Resorts Network) is formed when a company buys multiple timeshare slots in various resorts at various locations. Then the members of the Vacation Club can choose amongst various options provided by the Club - the location, the resort, the week of accomodation and so on. In the end, this allows for an unmatched flexibility, and the ability to visit multiple places at a single cost. This enables the end users to make massive savings without having to buy individual timeshares or find and rent a new timeshare location each time.

How TimeShares work with hotels

Timeshares are often used by hotels to "sell out" a given number of rooms. For example, a hotel may sell a timeshare of 1 week each. This would allow up to 52 people owning the room together. These owners can then use the room during their purchased week, swap this ownership for something else, or rent out this their week to someone else for a price. Often, timeshare rooms are available to rent for a price much lower than rest of the hotel rooms due to the lower costs incurred by the owner, and the lower profit margin.

How Timeshare Vacations Work:

Many timeshare rooms can be rented for a much cheaper price due to the pricing allowed by the owner. This may come at a condition as well. For example, a very common way of making money off of a timeshare property is to rent it out at a cheaper price but tying in a condition with the stay. For example, the condition to attend a certain seminar or sit through an infomercial. This allows the owner to earn directly through the rent, and also earn a revenue from the advertising company.

Global Resorts Network, or GRN, is one of the most popular Vacation Clubs today. There are multiple reasons for this:

GRN has no maintenance fee and no cost to continue membership in - just a one-time cost.

The standard of GRN's selections is much much higher than most other vacation clubs. They do this by including primarily 4 and 5 star resorts and hotels. This allows people to access the best available accomodations.

The standard vacation accommodations with GRN last 8 days and 7 nights - this is more than most of the vacation clubs out there today.

GRN offers the best value in terms of buying power for the lower entry level price.

GRN has one of the best and the most competitive payplans for their members and affiliates.

GRN Payplan

The Global Resorts Network payplan is comprised of multiple streams of income for their affiliates. There are two entry level points:
Gold 3 Year Package - Costs $1495 To Join.
When someone joins at this level through you, you receive $500, and your upline receives another $500.

Platinum Lifetime - $2995 to Join.
When someone joins at this level through you, you receive $1000, and your upline receives $1000. However, if you are only a Gold member, then you receive $500, and the other $500 is passed onto your first Platinum upline.

On top of this high payout, GRN also pays our 1-Up sales, Group Cluster Qualifying Commissions, Sales Over-rides, Direct Retail Sale Commission, Matching Bonuses On Sales Made By 2nd Level Affiliates, And you get to save moneyon each of your subsequent vacation.

You can find all of the detailed information at Dave Huffman's Global Resorts Network website.