VALENCIA, CA (May 11, 2010) — Timeshare Juice (http://www.timesharejuice.com), the world’s first fully-automated real-time exchange service for timeshares, launched its site to the public today. Timeshare owners from around the world can now join the site and exchange timeshares for free at any resort worldwide. Timeshare owners save hundreds of dollars in timeshare exchange fees each year using TimeshareJuice.com.
“This is a great concept and it will be good for the timeshare industry. It’s exactly the boost resorts need right now.”
According to ARDA, there are over 6,500,000 timeshares and 5,000 timeshare resorts worldwide. The timeshare concept has attracted many resort developers and prominent hoteliers, such as Marriott (MAR), Starwood (HOT), Wyndham (WYN), Accor (AC), Hyatt (H), Hilton (HLNQ), and Disney (DIS).
Timeshare exchange is a multi-billion dollar business for Resort Condominiums International (RCI) a division of Wyndham Worldwide and Interval International an operating segment of Interval Leisure Group (IILG) with the majority of fees generated through membership.
“Actually, I created Timeshare Juice to save my family and friends money and then it just got carried away. I got fed-up with the high fees and poor service of my exchange company. I knew there had to be a better way. Owners save over $250 per vacation. That’s a lot of money. We’re in the midst of a tough economic time. People are looking for ways to cut costs. Timeshare owners don’t want to cut out their vacations. People need more vacations, not less,” said Erick Arndt, founder of Timeshare Juice.
“A million timeshare units went unused last year. What a shame. That’s a lot of wasted vacations not to mention a billion dollars in lost revenue for resorts. We want to change that and get more people on vacation,” said Erick Arndt.
“This is a great concept and it will be good for the timeshare industry. It’s exactly the boost resorts need right now.” – Site member, MarriottTS
About Timeshare Juice
Timeshare Juice (TimeshareJuice.com) is a website to exchange timeshares for free. It’s the first fully-automated real-time exchange system for timeshares. Timeshare Juice was founded in Valencia, CA in 2009.