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To get this recognition, one can attribute the company’s exceptional development standards, innovative products and unmatched hospitality expertise.
Fairfield Resorts began as a land development company in as early as 1966, selling subdivided lots, whole ownership condos and custom-built homes in large master-planned communities such as Fairfield Bay, Fairfield Sapphire Valley and Fairfield Glade.
By 1979, Americans were given the flexible option of choosing a particular week of their choice in a year to enjoy a hassle free, peaceful holiday and this concept is caught on by fairfield resorts also.
Fairfield began selling FairShare — a deeded ownership interest that provided an annual resort vacation at a specific location during a specific time period each year.
Again in 1991, they improved upon this idea by introducing FairShare Plus®, a revolutionary concept of points-based exchange.
Since users remained locked in to a specific annual vacation week, also known as fixed-week timeshare, it was becoming apparent that people needed more flexibility with their time off — in their vacation length, their choices of locations, when they traveled, and even the size of the unit they stayed in.
FairShare Plus offered consumers substantially greater flexibility through a yearly allotment of points that could be “spent” in increments for custom-sized accommodations at any time of the year and for varying lengths of stay.
Taking example, many companies in the world followed suit and even in India, I know of several such services.
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