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concept of Time shares in Tourism

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concept of Time shares in Tourism


Posted on : 2022-03-29 18:01:46 | Author : IGNOU Academy | View : 21

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It seems like you're asking about the concept of "time shares" in the context of the tourism industry. Time shares, also known as vacation ownership or holiday ownership, is a model where individuals purchase the right to use a specific property, often a vacation property such as a condo or resort, for a designated period each year. This concept is particularly popular in the tourism sector. Here's how it generally works:

  1. Ownership Structure: In a time share, multiple individuals or families collectively own a property. Each owner purchases a "share" of the property, which usually corresponds to a certain amount of time, typically a week or two weeks each year.

  2. Usage Rights: Owners have the right to use the property for their designated time period. _____ __ ___ __ _______ _____________ _____________ ________ _______ ________ ___ _______ ____ __________.
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Degree : MASTER DEGREE PROGRAMMES
Course Name : Master of Arts in Tourism Management
Course Code : MTM
Subject Name : Understanding Tourism Markets
Subject Code : MTM 9
Year : 2022



IGNOU MTM 9 Solved Assignment 2022
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