What Is A Timeshare? Timeshares Vs Fractional Ownership

What is a timeshare and how are timeshares different vs fractional ownership?

A timeshare is a shared property where the rights of that property are shared by multiple people. Fractional ownership is where multiple people actually own a piece of the property itself.

When the property value goes up on a timeshare, none of the owners benefit but when the property value goes up with fractional ownership, the value of the property goes up for all of the owners also.