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Sinking Fund - A portion of the Management Fee specifically dedicated to ensuring that the main structure, furniture and fittings of accommodation units (and sometimes leisure facilities) are kept in an ‘as new’ condition for the full period of ownership. Bonus Time: Use of your resort in addition to your regular allocated time on a space available basis.




Timeshare Sales Facts 12, 2002). The receivables were sold without recourse to bluegreen (except for breaches of certain representations and warranties) and the company retained a residual interest in the receivables. Another hospitality giant, starwood hotels & resorts worldwide, recently closed its purchase of vistana - one of the premier developers and operators of high-quality timeshare resorts. Las vegas has the largest concentration of weeks sold, at 60,800, or approximately 51% of the state total. Between 1991 and 2001, the number of households owning timeshares more than doubled, from 1. Fueled by the ever increasing demand for leisure activities by the aging baby boomers who have more money to spend and more free time, the timeshare industry is booming. See also Vacation Ownership, and pages related to Timeshare Sales.
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