The senior director for the Bahamian Ministry of Tourism has said that he timeshare resort model would work beautifully for their domestic tourism. The Ministry official, Gary Young has also suggested that the timeshare and fractional ownership developments are a great opportunity for Bahamians to create property that will have a high potential for year-round occupancy and higher per-unit expenditures for the community.
While the Bahamas predict that they would greatly benefit from timeshares there is just one problem in that for the most part, timeshare and fractional developments seem largely uninterested in setting up these properties.
The Bahamas do have timeshare legislation, however, it is beginning to seem as though the Bahamian Government agencies that enforce these legislations do not completely understand the timeshare industry. And as of now there is no particular interest in developing these properties, to match that non-interest there is little to no action taken on the governments behalf to make these timeshare and fractional developments come to be.
What is so strange about the delay in developments in the Bahamas is that the region is one of the most desired locations to spend a vacation with a whopping 35% of surveyed vacationers saying they would like to visit the area within two years. This statistic makes the future of Bahamian timeshare bright, but despite this desire to visit the region the high costs of airfare to many of the locations on the Bahamas seems to be enough to cancel this advantage of being the closest island to the US out completely.
These high airfare costs could be cause for many timeshare owners with properties in the Bahamas to cancel their timeshares and look for legitimate timeshare exit solutions in the near future. When it comes time for a timeshare owner to get rid of their timeshare then Timeshare Relief has the perfect timeshare exit solutions and can have you out in no time.
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