Infographics

State of the US Timeshare Industry 2018

Some vacationers have found the secret to vacationing better – timeshare! And this is witnessed in the U.S. timeshare industry as it enjoyed its eighth straight year of steady growth in 2017. According to the State of the Vacation Timeshare Industry: United States Study 2018 Edition conducted by EY for the ARDA International Foundation (AIF), vacationing with timeshare is strong and shows a promising future.

In 2017:

  • Sales volume increased from $9.2 billion in 2016 to $9.6 billion in 2017, nearly a four percent increase and more than 26 percent increase since 2013.
  • Average occupancy rate was more than 81 percent, compared to a 65.9 percent hotel occupancy rate. Higher occupancy rate extends benefits beyond the resort itself and into the local surrounding markets and communities such as spending at local restaurants, purchasing groceries for the fully-equipped in-unit kitchen, and purchasing gas for rental cars.
  • Rental revenue increased from $1.9 billion in 2016 to $2.3 billion in 2017, a 20 percent increase.
  • There were 1,570 timeshare resorts in the U.S., representing approximately 205,100 units.
  • About 72 percent of timeshare units are two bedrooms or more and the average unit size is over 1,000 square feet.
  • The average sales price was $22,180 per interval.
  • The average maintenance fee was $980, remaining relatively flat with a one percent increase over 2016.

Other interesting facts from the study were:

  • 34 percent of resorts are beach resorts, making them the most common type of resort.
  • Island resorts had the highest occupancy rate of nearly 90 percent.
  • Florida had the highest number of timeshare resorts with 373.
  • Nevada had the largest resorts with 249 units on average.

For more details from the study, check out the Timeshare in 2018: Paradise Found infographic and for a copy of the full State of the Industry study, visit www.arda.org/foundation.

fitness on vacation

Survey shows 90% of timeshare owners enjoy exercise while on vacation

WASHINGTON, February 15, 2018 – A recent survey from the American Resort Development Association (ARDA) and conducted by research group Leger, found that more than half (54%) of Americans enjoy fitness activities while on vacation, and timeshare owners are leading this group with nine out of 10 stating they perform fitness activities on vacation.

“Timeshare owners drive this preference because they know that they have more opportunities to take part in fitness activities while on vacation,” said Peter Roth, Vice President of Marketing, Communications and Industry Relations at ARDA. “Owners know that exercising while on vacation allows you to relax much deeper, which makes for an overall better vacation experience. Whether you want to enjoy exclusive local fitness and recreational activities, or prepare healthier meals in the in-unit kitchen, timeshare owners have these options.”

Respondents didn’t just perform these activities once, 52 percent stated that they enjoy partaking in fitness activities at least once every three days of their vacation. Timeshare provides longer vacation stays, allowing for more opportunities to take in a variety of new, or different fitness and recreational activities. Many timeshare resorts provide group fitness activities and some offer excursions to new places and adventures that tend to be off the “beaten” tourist path.

Timeshare owners also have plenty of extra living spaces in their unit to fit in that quick, convenient exercise routine. The average timeshare unit in the U.S. is 1,050 square feet and most units have multiple rooms, allowing vacationers to exercise without disturbing their travel companions.

“Owners can also maintain a healthy lifestyle while away from their normal routine with a fully-equipped kitchen in their unit. Having a refrigerator and essential amenities in the kitchen, allows travelers to buy, store and cook with local, fresh and healthy ingredients,” said Roth.

For more details, see the infographic below on how timeshare provides more opportunities for vacationers to enjoy fitness activities and ultimately have happier, healthier vacations.

VacationBetter_Fitness-on-Vacation

Did you know that 89 percent of respondents who had a kitchen on their last vacation said it improved their vacation experience? And 87 percent said that having a separate living area also led to a better vacation.

kitchens in every timeshare unit

89 percent of respondents who had a kitchen on their last vacation said it improved their vacation experience.

Combined direct, indirect, and fiscal impacts in 2015 by the U.S. timeshare industry included $79.5 billion in consumer and business spending, 511,782 full- and part-time jobs, $28.1 billion in salaries and wages, and $10.2 billion in tax revenue.

timeshare fuels US economy 2016-AIF-Economic-Report-Infographic

Today’s timeshare owners are busting long-held industry myths and loving their vacation product.

  • The average timeshare owner is just under 47 years old
  • 60% of timeshare owners are white; 20% are African-American; 14% Asian American
  • 68% are married; 17% are single, never married
  • 84% own their own home
  • 44% have children under the age of 18 living with them at home

Timeshare-Owner-2017-Study-infographic

From Chief Fun Officers to Real Estate Developers, working in the timeshare industry is more than a job, it’s a career. With more than 500,000 full- and part-time jobs in the U.S. in 2015, the timeshare industry provides a wide range of employment and advancement opportunities and requires an array of skill sets.

 

 

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Vacationers are loving their timeshares!   The U.S. timeshare industry enjoyed a sixth straight year of steady growth in 2015, according to the State of the Vacation Timeshare Industry: United States Study 2016 Edition, conducted by Ernst & Young for the ARDA International Foundation. Here are a few of the highlights from the research:

When comparing 2015 to 2014:

  • Sales volume increased by nine percent, to $8.6 billion, the second largest increase since the recession and a 9% increase over last year.
  • There are 1,547 timeshare resorts in the United States, representing about 200,720 units.
  • The average sales price was $22,240.
  • Occupancy increased two percent, up to almost 80 percent, compared to a 661 percent hotel occupancy rate.

There were some other interesting facts to note as well:

  • 70% all timeshare units are two bedrooms or more. An average one-bedroom unit is 700 square feet; an average two-bedroom unit is 1,180 square feet and an average three-bedroom unit is 1,660 square feet—compared to the average hotel room size of 350 square feet.
  • Beach resorts are the most common type of resort.
  • Theme park resorts have the highest occupancy.
  • Florida has the most resorts—24% of the national total.
  • Nevada has the largest average resort size—230 units on average.
  • Hawaii has the highest occupancy rate for a region, at 86.7%.

For more details, check out our infographic and to learn more about vacationing with timeshare, go to www.VacationBetter.org.

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