A number of timeshare owners have entered into the rental area to earn extra income. Several owners are reporting large profits for the San Antonio area during the week of the NCAA final four that was held there. As many of you know sporting events attract a very large volume of people who want to attend and almost 75 percent only have a week to plan as that is when their team knew they were going to play. Most sports fans that attend these kinds of events are willing to pay high dollars for the tickets and also for a place to stay. Most hotel rooms rate go for triple the normal rate during these events and are very hard to get. With a group of four to eight people it is not uncommon for them to pay between 4,000 to 6,000 for a timeshare week. Most Owners have had the week reserved for at least 8 months in advance of this event knowing that they would have the chance to earn extra money by renting out their unit for that week. Owners are starting to find out that their properties can earn money if they are in a area that has a very high demand for the dates they have it. Other owners are using the exchange companies a year in advance to try and get these locations and dates. There are organizations that inform their members of high demand locations and dates to assist owners that want to earn money with the unit or units that they own. Several people are buying new properties just for these high demand events and are making a nice profit in this area.
Linda Holstrom writes about Timeshares and the Timeshare business market. To learn more check out the following websites: http://www.timesharesforprofitorganization.com http://www.timesharesprofits.com
Article Source: http://EzineArticles.com/?expert=Linda_Holstrom
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