This document discusses the advantages and disadvantages of timeshare properties. Some key advantages include providing members immunity from rising costs through fixed annual fees, the emotional connection of spending quality family time each year, and a large range of exchange options. However, some disadvantages are the large upfront payment required that deters customers, the potential for negative publicity from poor operators, and maintenance costs being high for timeshare properties. In conclusion, while timeshares provide benefits like guaranteed accommodations, the costs can be considerable over time.