Timeshare History: The Evolution

Timeshares, now moving toward their second half-century, have evolved over the years since Paul Doumier created the famous slogan, "No need to rent the room; buy the hotel, it's chapter!"In 1964, Doumier's Société des Grands Travaux de Marseille began to market timeshares at its ski resort in the French Alps. Also credited with starting the timeshare rush was the Swiss company Hapimag, which quickly expanded from Baar, Switzerland, adding resort properties in Spain, Italy and Switzerland. The former offered deeded properties; the latter, a membership on a right-to-use shares basis.Often

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