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If the economy is in trouble, why is summer availabilty not plentiful

M

May mom

TUG Member
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Location
Maryland
Every few days I do a search for beach locations on the east coast, Williamsburg, Hershey, Disney, for this summer (May to Aug) and I'm not really finding alot available. Now if the economy is as bad as the media and my paycheck say it is, why isn't there more out there this summer still for the grabbing? I realize the places I've listed as driveable locations but, it still takes extra gas to drive, even if you eat in, there are still incidentals to buy, there are still activities to participate in. Even cheap vacations, still take money away from everyday required living.

Are people just saying, what the heck, I'm going on vacation anyway? Are people waiting until closer to the date to decide what to do?

Just looking for thoughts. :wave: ::shrug: :wave:

Thanks.
 
May mom said:
Every few days I do a search for beach locations on the east coast, Williamsburg, Hershey, Disney, for this summer (May to Aug) and I'm not really finding alot available. Now if the economy is as bad as the media and my paycheck say it is, why isn't there more out there this summer still for the grabbing? I realize the places I've listed as driveable locations but, it still takes extra gas to drive, even if you eat in, there are still incidentals to buy, there are still activities to participate in. Even cheap vacations, still take money away from everyday required living.

Are people just saying, what the heck, I'm going on vacation anyway? Are people waiting until closer to the date to decide what to do?

Just looking for thoughts. :wave: ::shrug: :wave:

Thanks.
Click to expand...

I wonder the same thing when I read reviews about a resort being at 60% occupancy, yet there is no availability for trades. ???? I’m mostly referring to Hawaii. Call me confused.
 
Assuming you are searching RCI, take a peek at the Extra Vacation (aka: rental) section and I suspect you'll see far more of what you are looking for.

You are also just a couple weeks away from the unofficial start of Summer. One of the tenants of timesharing is to plan and search far, far out from when you are looking to go. We just booked end of February & beginning of March 2010 for Hawaii.

It does seem a bit wierd to plan that far out when pre-t/s's we were lucky to plan a month out. It however has worked out very well and gives us something to look forward to as time marches on.
 
I'm guessing that most view it as a sunk cost---and using is cheaper than exchanging. Folks in truly dire straits might prefer to try to rent out than deposit.
 
We are still going on vacation. Just cut the cost of flying and exchange fees. Next year we plan use our own resort in myrtle beach and
exchanged to Virginia Beach.
 
bnoble said:
I'm guessing that most view it as a sunk cost---and using is cheaper than exchanging. Folks in truly dire straits might prefer to try to rent out than deposit.
Click to expand...

That does make sense. But when a reviewer says the resort is 60% full. Doesn't that mean that many weeks were left to "die". I just don't understand.
 
I'm going on TWO summer vacations. :) One we had planned a year in advance. Now I've found out my job is ending in June so I'm happily going to spend some time at Hilton Head in August.

Deb
 
A lot of owners are also using there resort, I have 7 timeshere and what I cant use I try to rent, It cost me Money to trade them, include two Ocean front, Just gas and food to drive to them, and thats less than What I would have to pay to trade with RCI
 
brother coony said:
A lot of owners are also using there resort, I have 7 timeshere and what I cant use I try to rent, It cost me Money to trade them, include two Ocean front, Just gas and food to drive to them, and thats less than What I would have to pay to trade with RCI
Click to expand...

I was thinking usage by owners or renting to friends and family were maybe more common this year than in the past. Depositing a week into an exchange system means you intend to take a week out at some point. I can see renting for $$ vs having to pay to exchange at some date in the future. Good use of a week you won't use.
 
I'd say that summer almost always has a lot more demand than supply. Maybe this summer there is only a little more demand than supply but the result is still the same, no availablity.
 
Thanks for the responses. I actually have 2 weeks planned myself but both are in close driving distance but I figured since the economy is in the toilet then surely RCI will have a ton of availability to trade but doesn't really look that way. I do think there is more in extra vacations and that's just not right!
 
Williamsburg, Hershey, Disney

These are all very easy driving destinations from most parts of the east coast. Granted, Orlando is a haul, but people do it all the time.

My take is that the first thing to go is expensive airfare, then expensive shows, then going out to eat.

You can do any of these locations on a fairly tight budget if you want.
 
I find that timeshare occupancy remains relative seasonally static, even in times of a recession.

If a timeshare is normally busy during a certainly period in an average year it will be the same level of occupancy in a recession year.

In HI the entire HGVC complex is booked up via timeshares even though the hotel portion has huge vacancies.
 
May mom said:
Every few days I do a search for beach locations on the east coast, Williamsburg, Hershey, Disney, for this summer (May to Aug) and I'm not really finding alot available. Now if the economy is as bad as the media and my paycheck say it is, why isn't there more out there this summer still for the grabbing? I realize the places I've listed as driveable locations but, it still takes extra gas to drive, even if you eat in, there are still incidentals to buy, there are still activities to participate in. Even cheap vacations, still take money away from everyday required living.

Are people just saying, what the heck, I'm going on vacation anyway? Are people waiting until closer to the date to decide what to do?

Just looking for thoughts. :wave: ::shrug: :wave:

Thanks.
Click to expand...


Most people take one vacation in the summer and maybe an extra one during shoulder or off season. In a recession, they are going to give up the extra vacation, but not the one that the family has been waiting for the whole year (at least not yet, in April/May). Therefore resorts might go from 75% occupancy to 50% in the off season (and you see a lot more deposits and availability for the off season), but they might go from 150% demand to 140% demand for the summer.

The recession just makes the normal off season low demand problem for resorts more pronounced.
 
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