Looking to grab a share of the US$7 billion per year timeshare industry, Internet auction giant EBay said it will launch a marketplace exclusively for the buying and selling of the vacation getaways.

Then, five years ago, while scanning timeshare listings on eBay, they noticed a highly desirable week for sale in a Key West resort that they had unsuccessfully tried to trade into in the past ...

Webb says he wasn't familiar with the ebay-Dynetech-RCI proposal but says, "retaining value after the original purchase has been a problem in timeshares since the inception of the industry." ...