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The Timeshare Vacations Bill was passed in Jamaica’s Parliament recently, after being piloted by Minister of Tourism and Entertainment, the Hon. Dr. Wykeham McNeill. Following is a clause-by-clause brief of that bill:

Oct 25, 2014 Hit: 2385 Written by  ETurbo News
Timeshare Vacations Bill passes Jamaica’s Parliament

Mr. Speaker it is my pleasure to start the debate on the Timeshare Vacations Bill.

As you know Jamaica is keen on developing a more sophisticated tourism product, one that also embraces the timeshare/vacation ownership market.

Research has shown that Vacation Ownership is one of the fastest growing sectors of the global hospitality industry, and that there is a huge and significant potential for further growth and development of the Timeshare product in the Caribbean and especially in Jamaica.

At the 16th Annual Shared Ownership Investment Conference held in Miami on Wednesday, October 15, 2014, Mr Howard Nusbaum, President of the American Resort Development Association (ARDA) said that there is a high demand for timeshare ownership in the Caribbean and that the Caribbean is the most highly sought-after timeshare destination in the world, partly because of the relative scarcity of timeshare units in the region.

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Sunshine Villas Limited is a family operated company incorporated in Jamaica in 1980.

  • We offer management and rentals of vacation villas and apartments.
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  • Over 100 years of combined experience in real estate and tourism

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