FlexWeek, Inc. (FXWK) Saving Timeshare Owners Thou
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Posted On: 01/19/2016 6:06:39 PM
FlexWeek, Inc. (FXWK) Saving Timeshare Owners Thousands with Unique Peer-to-Peer Web Platform
FlexWeek, Inc. (OTC: FXWK) builds shareholder value in the global peer-to-peer marketplace with a unique platform that is designed to enable timeshare owners to book and offer unused vacation time directly to other timeshare owners and the general public. The platform’s differentiator is that it bypasses the need for timeshare owners to use uneconomical trading platforms while potentially reducing unused timeshare inventory.
FXWK reaches its target market through its website and mobile application and is known to be the only peer-to-peer marketplace that caters exclusively to fractional vacation ownership. Traditionally, the model used for selling timeshares involved banking weeks with a trading company, such as Interval International or RCI, while charging the booking fees to the renter of the vacation time and removing the cost to the private timeshare owner.
According to the American Resort Development Association’s 2012 research survey, the average timeshare is only booked about 80% of the year. Whether or not a privately owned timeshare unit is used, the owner still has to pay annual maintenance fees, and most owners end up losing thousands of dollars in wasted paid-for vacation time over their ownership period. The Flexweek platform enables an owner of unused paid vacation time to offer their specific booked week for rent directly to the marketplace to save the cost or potentially make a profit on the rental. This unused inventory allows a potential renter to stay in a very nice condo for far less than they would pay in hotel fees. This scenario translates to a win-win for both the owner and the renter of the vacation time.
Flexweek is guided by a skilled management team possessing decades of experience operating businesses that acquire, rent, sell and transfer timeshares internationally. FlexWeek’s leadership has guided the company to eight-figure revenues within a year’s time and has experience scaling other models to financial success and/or acquisition with modest investment.
For more information, visit www.flexweek.com
Please see disclaimer on the QualityStocks website: http://Disclaimer.QualityStocks.com
FlexWeek, Inc. (OTC: FXWK) builds shareholder value in the global peer-to-peer marketplace with a unique platform that is designed to enable timeshare owners to book and offer unused vacation time directly to other timeshare owners and the general public. The platform’s differentiator is that it bypasses the need for timeshare owners to use uneconomical trading platforms while potentially reducing unused timeshare inventory.
FXWK reaches its target market through its website and mobile application and is known to be the only peer-to-peer marketplace that caters exclusively to fractional vacation ownership. Traditionally, the model used for selling timeshares involved banking weeks with a trading company, such as Interval International or RCI, while charging the booking fees to the renter of the vacation time and removing the cost to the private timeshare owner.
According to the American Resort Development Association’s 2012 research survey, the average timeshare is only booked about 80% of the year. Whether or not a privately owned timeshare unit is used, the owner still has to pay annual maintenance fees, and most owners end up losing thousands of dollars in wasted paid-for vacation time over their ownership period. The Flexweek platform enables an owner of unused paid vacation time to offer their specific booked week for rent directly to the marketplace to save the cost or potentially make a profit on the rental. This unused inventory allows a potential renter to stay in a very nice condo for far less than they would pay in hotel fees. This scenario translates to a win-win for both the owner and the renter of the vacation time.
Flexweek is guided by a skilled management team possessing decades of experience operating businesses that acquire, rent, sell and transfer timeshares internationally. FlexWeek’s leadership has guided the company to eight-figure revenues within a year’s time and has experience scaling other models to financial success and/or acquisition with modest investment.
For more information, visit www.flexweek.com
Please see disclaimer on the QualityStocks website: http://Disclaimer.QualityStocks.com
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