Timeshare Exit 2020 - A Changing Industry and New Worries For Owners

SPRINGFIELD, Mo. - June 15, 2020 - PRLog -- It is almost hard to imagine a more uncertain time for the American family, and the future of that bite of apple pie known as the great American vacation. The year 2020 has been described as an episode of the popular Netflix drama 'Black Mirror' with its ominous resemblance to actually living in some kind of modern doomsday scenario.  In fact, the entire world has been impacted by the Covid-19 virus that first reared its ugly head in late January and early February. With borders between countries closed down to prevent the spread of infection, and wholesale shutdowns and shelter in place orders throughout the US, travel actually has an air of risk about it.  And this truth is hardly lost on the family that owns one of the millions of timeshares currently facing these very uncertainties themselves.

Timeshare owners are rightly concerned in these times.  And what times they are!  Both the threat as well as the government's response to Covid-19 have taken their toll.  Markets have become rollercoasters with new investors gambling on low priced securities trying to take advantage of the downturn that occurred in the beginning of the shutdowns. Gambling is hardly the stuff of solid foundations for the future.  Those relying on 401ks are most vulnerable. Then you add record unemployment, unprecedented business closures, and you have a dismal recipe for any quick and easy recovery.

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