Times Hotel originated in Europe in 1960s. The first concept of the right hotel was born in a ski resort named "Superdevoluy" in the French Alps. Its selling point is that the resort can ensure that every consumer who has bought the resort for a period of time can come here for skiing and vacation within a predetermined time.

For the developer of the resort, because the future use right was sold to the buyer in advance, in theory, the developer has recovered the development cost and profit in advance; For time right buyers, this way can ensure that they can get the right to use the resort at a lower price (one-time buyout) within a preset time, especially in the tourist season.