Timeshares are generally categorized in the following ways: 

1. Location.  Certain vacation destinations are obviously more popular than others.  The most popular destinations, however,  are not necessarily more expensive, since there may be more timeshares in a popular area and a greater range of choices. Many people prefer timeshares near their home for easier accessibility, or timeshares which suit their recreational preferences such as lakefronts or mountain settings. 

2. Season. Some places, such as tropical islands, are warm all year round, and every week may be considered a prime vacation season. In most places, however, weather and other factors result in designation of weeks as high, medium or low season. In addition, other factors such as holidays and school vacations may affect the seasonal demand for resort time. 

3. Quality.  Resorts differ as to the amenities they offer and how well they are maintained. They are generally categorized as hospitality grade for good quality, resorts of international distinction for above average quality, and gold crown or five star resorts for the highest quality. Travelweeks.com primarily sells and rents timeshares of top and above average quality.  

 4. Size. Timeshares may be sold as studio to four bedroom units, with corresponding differences in their space, furnishings and sleeping capacity. “Lockoff” units may be divided into multiple smaller units, for example, a 2 bedroom lockoff unit might be divided into a one bedroom unit for use at the home resort plus a studio unit that can be exchanged. 

 5. Form of Ownership. Most American timeshares are deeded forever and are available for use one week per year. Some timeshares are sold for biennial use, and they are available one week per year every other year, during every even year or every odd year. Many international timeshares and some domestic timeshares are sold as long term leases, with rights to use them for a designated number of years. Frequently these leases may be renewed at the resort for additional terms in increments such as 25 years for a modest fee when the original leases expire.