FlexWeek, Inc. (FXWK) Takes the Sting Out of Unuse
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Posted On: 02/16/2016 4:23:38 PM
FlexWeek, Inc. (FXWK) Takes the Sting Out of Unused Timeshare Expenses
At the forefront of the peer-to-peer (P2P) vacation-home marketplace sits FlexWeek, Inc. (OTC: FXWK). Being the first of its kind, the company offers a platform for timeshare owners to market their unused vacation time to the public or other timeshare owners. FlexWeek provides direct access to its resort inventory while eliminating the need for timeshare owners to use other expensive trading platforms. The company charges booking fees to the renter of the vacation time instead of “banking” times with a trading company. This means that the private timeshare owner can offer his/her unused vacation time to renters to recoup the cost or even make a profit on the unused vacation time. Renters would also be saving money on these transactions as they are likely less expensive than hotel rooms.
Timeshares have been enticing Americans since 1969, the first being in Kauai, Hawaii, and have been generating billions of dollars annually. People are attracted to timeshares because they not only guarantee a space for vacation with fixed dates but they also provide a larger space to enjoy with multiple bedrooms, a kitchen, and washer/dryer amenities.
However, the vacation habits of Americans have been slumping in recent years with more and more vacation days going unused. According to the U.S. Travel Association, workers fail to use up to five vacation days during the year. To account for this lost time, a survey of 1,303 Americans was conducted in 2014 by Project: Time Off and concluded that the top reason for unused vacation days was the fear of returning to a mountain of work. Other reasons included affordability, fear of being seen as replaceable, and trying to show dedication to the company. Overall, workers are emerging from a tough economy and feel less secure about their jobs, which means fewer days off.
Since timeshare owners must pay for their shares whether used or not, FlexWeek offers a way for them to rent their time to others, and, potentially, make some extra money. The need for timeshare renters should only increase because Americans suffer from a “work martyr complex,” making FlexWeek a great alternative to paying for unused space. The company intends to continuously expand its presence in the timeshare rental market while offering inexpensive outlets for vacationers.
For more information, visit www.flexweek.com
Please see disclaimer on the QualityStocks website: http://Disclaimer.QualityStocks.com
At the forefront of the peer-to-peer (P2P) vacation-home marketplace sits FlexWeek, Inc. (OTC: FXWK). Being the first of its kind, the company offers a platform for timeshare owners to market their unused vacation time to the public or other timeshare owners. FlexWeek provides direct access to its resort inventory while eliminating the need for timeshare owners to use other expensive trading platforms. The company charges booking fees to the renter of the vacation time instead of “banking” times with a trading company. This means that the private timeshare owner can offer his/her unused vacation time to renters to recoup the cost or even make a profit on the unused vacation time. Renters would also be saving money on these transactions as they are likely less expensive than hotel rooms.
Timeshares have been enticing Americans since 1969, the first being in Kauai, Hawaii, and have been generating billions of dollars annually. People are attracted to timeshares because they not only guarantee a space for vacation with fixed dates but they also provide a larger space to enjoy with multiple bedrooms, a kitchen, and washer/dryer amenities.
However, the vacation habits of Americans have been slumping in recent years with more and more vacation days going unused. According to the U.S. Travel Association, workers fail to use up to five vacation days during the year. To account for this lost time, a survey of 1,303 Americans was conducted in 2014 by Project: Time Off and concluded that the top reason for unused vacation days was the fear of returning to a mountain of work. Other reasons included affordability, fear of being seen as replaceable, and trying to show dedication to the company. Overall, workers are emerging from a tough economy and feel less secure about their jobs, which means fewer days off.
Since timeshare owners must pay for their shares whether used or not, FlexWeek offers a way for them to rent their time to others, and, potentially, make some extra money. The need for timeshare renters should only increase because Americans suffer from a “work martyr complex,” making FlexWeek a great alternative to paying for unused space. The company intends to continuously expand its presence in the timeshare rental market while offering inexpensive outlets for vacationers.
For more information, visit www.flexweek.com
Please see disclaimer on the QualityStocks website: http://Disclaimer.QualityStocks.com
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