purchasers can own a larger share of a timeshare unit, usually from five to 26 weeks. This type of ownership is popular for beach, ski, and island resorts.
A fractional ownership program divides an expensive asset into percentage shares and sells those shares to individual owners. A fractional owner enjoys priorities and privileges, such as reduced rates, priority access on holidays and income sharing. Typically, a company manages the asset on behalf of the owners, who pay monthly/annual fees for the management plus variable (e.g. per-hour, per-day) use fees.