Vacation ownership market, also known as timeshare or vacation club industry, is a sector of the hospitality and travel industry that allows individuals to purchase or lease the right to use a vacation property for a specific period each year. This concept offers people an opportunity to enjoy vacation accommodations in popular destinations without the full financial burden of owning a property year-round. Vacation ownership typically involves buying "weeks" or "points" in a resort or club, which can be used for vacation stays or exchanged for stays at other affiliated properties worldwide.

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