Insurances.net
insurances.net » Boat Insurance » Fractional Boat Ownership: An Economical Cost Strategy
Auto Insurance Life Insurance Health Insurance Family Insurance Travel Insurance Mortgage Insurance Accident Insurance Buying Insurance Housing Insurance Personal Insurance Medical Insurance Property Insurance Pregnant Insurance Internet Insurance Mobile Insurance Pet Insurance Employee Insurance Dental Insurance Liability Insurance Baby Insurance Children Insurance Boat Insurance Cancer Insurance Insurance Quotes Others
]

Fractional Boat Ownership: An Economical Cost Strategy

Fractional Boat Ownership: An Economical Cost Strategy

Timesharing may be a relatively new concept that's only about 50 years old

, but it has certainly amassed quite a number of advocates. To put it simply, you may utilize a (timeshared) property anyhow you wish for a limited time, normally for a week. From vacation homes to marine vessels, timeshare extends as well to a term known as fractional boat ownership.

It all commenced in the 1960s in Europe, in the French Alps, in particular. Hapimag, a Swiss ski resort company developer at the time, commenced operations at an unfortunate time--the resort industry in Europe was in ruins, and the new firm suffered the burden of it. Unless the Hapimag's operator back then, Guido Renggli, could think of a way to turn the tables in the company's favor, Hapimag would go through a slow and painful death. Peculiarly, he came up with the principle of timeshare from an unlikely source: coffee shops.

As soon as cafes in Europe realized that it would be too expensive (and too extravagant) to sell a whole cake to walk-in patrons, these establishments came up with the idea of selling cakes by the slice, where they may be enjoyed by many, and eaten in one go. That provided Hapimag that coveted Eureka moment. What if they were to sell the resort, in parts?

At first, it didn't proceed as favorably as the company expected, yet it became truly worth the hard work in subsequent years. Renggli claimed timeshare had already existed before he thought about the concept, but it had to deal with a shoddy reputation, as a result of mismanagement. In this case, not only did he plug in and enhance the company's timeshare strategy to a completely new level, but he also successfully knocked off timeshare's seemingly unshakable bad image.

Fast forward to the 21st century, the company still flourishes under new management, broadening from ski resorts to luxury residences all over Europe. As time went on, other kinds of timeshare for boat use, aircraft, and other luxury properties were introduced to the market. The timeshare industry in the United States commenced in 1974, although the strategy was already established in the Virgin Islands the year before.

For additional information about the evolution of timeshare, you can read up on relevant posts on OwnersPerspective.com. With timeshare, living can certainly be as wonderful as a piece of cake.

by: Lilia Dyal
Guidelines To Procure Magnesium Anodes And Boat Anode Why Mmocarts.com Could Become The Most Profitable Online Shop In Pasiaboat Network Inc 2012 How To Get Boat Education: Easy Process To Avail Out Contact The Leading Service Provider For Boating License Course Boat Insurance And The Valuation Clause The Essence In Boat Financing Factors Driving You Hire Yacht/boat Transportation Service From A Professional Why To Use Boat Covers? Boat Safari On The Mahamodara River - Sailing Through Sri Lankas Marshes In Galle You Can Catch More Fish With A Boat Rod Holder Charter Boats Mediterranean Style In Turkey Boat Holidays In Europe Your Boat Or Yacht A Responsibility Of Marine Insurance Provider
Write post print
www.insurances.net guest:  register | login | search IP(107.21.137.184) Virginia / Ashburn Processed in 0.018493 second(s), 6 queries , Gzip enabled debug code: 12 , 2453, 977,
Fractional Boat Ownership: An Economical Cost Strategy Ashburn