Heck yeah, I love that! My initial interest in timeshares was because my family sold the family vacation home and I felt a sense of loss because I realized my son wouldn't have anything similar to what I had growing up, going on some regular family vacations year after year. We bought a fixed unit, fixed week ownership at Carlsbad Inn (and by the way, we were savvy about how we bought it so we could sell it tomorrow and make a profit). As a family we love those vacations.
I have a friend who owns an inherited timeshare that he has extremely fond memories of visiting. He is happy to go there every year and do the same tradition with his son. Unfortunately, his wife isn't on board and she wants to go somewhere else, although she's OK going to the same place every year, she just wants it to be some place like Mexico.
Lots of people like going to the same place year after year. It doesn't mean we can't go other places too, it just means we like that place and want to spend time there every year. I think for a lot of families it works out in a way that's similar to a vacation home, without the initial expense or a lot of the problems that come with a vacation home.
Financially it's not a great investment. But what vacation is?
Instead, a resale timeshare that was bought at or below market value that the owner can afford to maintain and that is used regularly is a great way to spend less on vacations and is an investment in happiness, relaxation, family memories, etc.