Is Spinnaker Resorts a timeshare?

Is Spinnaker Resorts a timeshare?

Spinnaker Resorts has been in the timeshare business for over 25 years. With its primary headquarters in upscale vacation mecca Hilton Head, South Carolina, it’s obvious that this company knows timeshare vacations!

Who owns Spinnaker Resorts?

owner Ken Taylor’s
The story behind the (spinnaker) sails dates back to Spinnaker founder and owner Ken Taylor’s youth when he was passionate about sailing out of the Royal Canadian Yacht Club (RCYC) on the shores of Lake Ontario. He continues to share this passion with his children and grand children during summers north of Toronto.

How many Spinnaker Resorts are there?

twelve resorts
Spinnaker’s twelve resorts offer different experiences as each location has its own unique geography and local flavor.

How do you get out of a spinnaker timeshare?

While Spinnaker Resorts does not presently share personal information with non-affiliated third parties, or have any plans to do so. you have the option to “opt out”, please contact us at 866-455-3577 to notify us of your choice.

How does a timeshare work?

Legally speaking, a timeshare is a way for a number of people to share ownership of a property, usually a vacation property such as a condominium unit within a resort area. Each buyer usually purchases a certain period of time in a particular unit. Timeshares typically divide the property into one- to two-week periods.

Why is a timeshare a bad investment?

In fact, timeshares reliably decrease in value, even when they’re in a highly desirable location. Just like vehicles, timeshares start losing value right away, and their value usually continues to dwindle as time passes. Plus, timeshares are nearly impossible to resell.

What is the average cost of getting out of a timeshare?

about $5,000 to $6,000
Costs to Get Out of a Timeshare On average, it costs about $5,000 to $6,000 and takes 12–18 months to get out of your timeshare contract using a timeshare exit company. But the cost and the timeframe can vary depending on a number of factors including, how many contracts are attached to your timeshare.