With the recovery of the economy in the United States, timeshare sales in Mexico are expected to increase by 8 percent next year. In 2012, the field generated $3.2 billion. Gerardo Rioseco, who heads the timeshare division at Fiesta Americana, predicted that final figures for 2014 will be notably higher. Timeshares, along with many varieties, usually are condominium apartments at resort areas, which purchasers acquire for use during a specific time over a specified number of years. This allows builders to recover their investment quickly while buyers are protected against increased room rental rates.
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Jimm Budd
Reporting From Mexico City
Member of the Society of American Travel Writers
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