SA’s timeshare industry comes under spotlight
By Wendy Knowler - 19 May 2017
The industry now prefers the term “vacation ownership” to “timeshare”. Consumers have alleged that: ý They were duped into signing up for lifetime contracts that can never be cancelled;
- Companies overbook and over-sell accommodation;
- Annual levy increases are excessive;
- They cannot secure bookings; and
- They cannot give their points away‚ let alone sell them‚ because of the massive levy obligations.
