Questions about renting out a floating week

ken_chi · #1 (**permalink**) September 23rd, 2008, 09:22 AM

Hi,
I'd like to know a little bit about renting out a floating week. When it comes to renting out a floating week, is it best to reserve a good week and then try to rent it out or is it best to get the preference of the buyer and then reserve that particular week? I'd appreciate any input.

TAI_Staff · #2 (**permalink**) September 23rd, 2008, 03:14 PM

Great question, ken_chi.

Unfortunately, the answer is not as straight forward as one might think. Based on our statistics, the trends the timeshare rental market has shown and the experiences of timeshare owners renting-out their weeks it seems that it really depends on a few variables.

With a fixed week the reservation dates are usually guaranteed, which can be beneficial to the owner and increase the likelihood of satisfactory rental success if the week is in a high demand season, at a popular resort and/or for a certain week that is a sell-out situation(i.e. Bike Week, Super Bowl, etc.).

With a floating week the reservation has yet to be made and is based upon the availability at the resort(s), which can many times broaden the potential audience of the owner, but could also forbid bookings for high demand timeshare weeks in certain areas or resorts.

We have been able to regularly deliver timeshare rental success with both floating and fixed week timeshare ownership. The best bet is to contact one of our timeshare resale / rental specialists with the details about your timeshare ownership, so they can advise you about the best option for you.

spades · #3 (**permalink**) September 29th, 2008, 07:26 PM

This was my timeshare renting situation- to book or not to book. I was told that if I could get a holiday week then it could be good to book it and if not leave the rental week open as a float week. I could not get a holiday week, so I did the float option and it worked with my pueblo Bonito timeshare in Cabo, Mexico.

Good advise in my opinion!

W. Spade

sunandsand · #4 (**permalink**) October 23rd, 2008, 04:10 PM

Quote:

Originally Posted by spades

this was my timeshare renting situation- to book or not to book. I was told that if i could get a holiday week then it could be good to book it and if not leave the rental week open as a float week. I could not get a holiday week, so i did the float option and it worked with my pueblo bonito timeshare in cabo, mexico.

Good advise in my opinion!

W. Spade

we have ocean walk by wyndham in daytona beach fl and on points so there are no "weeks". We try to book a high demand week, usually bike week when we rent out and always find SOMone to rent it.