The Vacation Ownership Association of Southern Africa believes timeshare is an option for affordable holidays. Pictured is the Kingdom Resort at Pilanesberg National Park.
The Vacation Ownership Association of Southern Africa believes timeshare is an option for affordable holidays. Pictured is the Kingdom Resort at Pilanesberg National Park.

Can you still afford to go on holiday?

By IOL Supplied Time of article published Aug 31, 2018

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The Vacation Ownership Association of Southern Africa (VOASA) said that quality vacations do not need to slip away because of the current tight economy. 

According to VOASA spokesman, Alex Bosch, timeshare or shared vacation ownership offers a wide variety of holiday options that range from 5-star luxury accommodation through to catering for budget-conscious consumers who have had to tighten their belts. 

“Shared vacation owners place value on the cost savings of future vacations when purchasing timeshare. When you think about it, the rise in inflation in the 1970’s propelled the growth of timeshare as a more affordable way to enjoy quality vacations. 50 years on, shared vacation ownership still makes perfect sense,” said Bosch.  

Peter Snyman from Flexi Club said for less than the price of a 60-litre tank of fuel per month, shared vacation ownership has the potential to offer you as many as 5 holidays per year. 

He said: “With a deposit of R2 100 and a monthly payment of R736 all-inclusive you are guaranteed at least one full week holiday per year at a choice of 34 3-star and 4-star Flexi Club holiday properties countrywide – many of which have health spas, horse-riding and a multitude of onsite recreational facilities. By splitting your weeks into weekends and/or midweeks and by making use of special offers and bonus weeks you could also increase this up to 5 retreats during the year”. 

Bosch said timeshare offers a home-away-from-home holiday accommodation with full kitchen facilities, which mean even more savings with the cook and eat in option. He said shared vacation owners are also not subjected to premium season accommodation rates, which means they are saving up to 50% on their accommodation. 

Dale Galloway, Marketing Manager for Leisure Portfolio Club, believes that it is important to help consumers not only get the holiday that they can afford, but that they also get a guaranteed holiday annually with further exchange options. 

Galloway added: “When it comes to focusing on meeting needs in a tough economy and where consumers can evaluate the value of purchases before spending their hard-earned rands, it is vital to provide options that ensure peace-of-mind with the financial commitment made and then to exceed that expectation by providing additional benefits and value-adds to ensure exceptional value for money. This would include access to a wide variety of additional exchange options should they choose to holiday at an alternative to their ‘home’ resort in any given year, further rental holidays at affordable ‘per booking’ rates as well as international exchange options”.

The value of timeshare vacations means having a world of options at your fingertips, so for those looking at giving timeshare a try, there’s also the rental option. The Holiday Club has recently launched a vacation product that allows you to experience everything that timeshare has to offer without purchasing timeshare or points outright.   If at the end of that period, you are happy with the product, you then have the option to purchase. 

“You choose how many points you want, and these are rented monthly. This rental amount is locked so there are no price increases. The great thing is that you can go on holiday after only two months’ rentals, which means no long waiting periods,” says Fiona Broom, Beekman Group Marketing Executive.  

So while consumers are having to budget very carefully, the importance of saving money for valuable bonding experiences, like family vacations shouldn’t be overlooked.

“The inherent value of timeshare products comes in using them to take regular vacations with accommodations that provide more space than most other travel options. This is why shared vacation owners have an extremely engaged relationship with their timeshare and the timeshare lifestyle that is driven by the quality of resorts and accommodations, prime locations, cost savings on future vacation costs and making a vacation a certainty rather than a possibility,” concludes Bosch. 

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