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Industry Information

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Timeshare, also known as vacation ownership, continues to lead in the hospitality sector with steady growth, due in large part to the industry's constant innovation developed in response to consumer lifestyle needs and vacation preferences. The information below provides an overview based on recent research of the timeshare industry.

You may also learn more by Downloading ARDA's " Understanding Vacation Ownership " brochure.

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There were 1,548 timeshare resorts in the United States in 2009, representing approximately 170,200 units for an average resort size of 110 units. Of these, 6% were studio units; 23% were one-bedrooms; 66% were two-bedroom; and 6% three bedroom or more. There were 7.2 million intervals owned.

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The annual PricewaterhouseCoopers benchmark study of the financial performance of the timeshare industry, which focused on an industry subset of 27 companies encompassing 220 timeshare resorts in active sales, showed sales of $6.7 billion in U.S. net origniated sales.

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In total, the U.S. timeshare industry supported an estimated $77 billion of output to the U.S. economy in 2007. This included 588,800 full- and part-time jobs; over $25 billion in salaries, wages, and related income; and approximately $10.2 billion in tax revenue.

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Overall, more than six in ten timeshare owners are age 45 or older with an average age of 48. Baby Boomers are the largest generation of timeshare owners (45 percent).

Recent purchasers are younger than timeshare owners in general, with 58 percent of recent purchasers under the age of 45.

The average household income for all owners is $92,405, and recent purchasers have an average household income of $94,933.

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With today's evolving vacation home market, consumers have an increasingly diverse marketplace and options in leisure travel. The growing variety of vacation home options includes Timeshare/Vacation Ownership; Fractional Ownership/Private Residence Clubs; Destination Clubs; Condo Hotels; and Traditional Second Home Ownership.

View this chart for terminology and definitions.

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