The time shareing industry in the United States is composed of more than 8 million vacation intervals owned by families and individuals from all over the world (Ernst & Young, 2011). Each vacation interval provides its owner with the right to occupy a lodging accommodation for a specified period of time on a recurring basis, usually one week in each calendar year, and associated resort services as specified by the resort (Upchurch, 2000). In purchasing a timeshare interval, the buyers acquire either a deeded interest or a right to use interest real property. This results in a vacation timeshare interval consisting of elements of both real estate developments and traditional lodging properties. As a result, management personnel require a blending of competencies of those normally associated with the residential property management along with the service-delivery aspects of hospitality managers. This research examines the management competencies required for success in this dual-competency-based timeshare industry.