Home  Industry Information
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.
 
There were 1,629
timeshare resorts in the United States in 2008, representing
approximately 182,100 units for an average resort size of 112 units. Of
these, 5% were studio units; 22% were one-bedrooms; 64% were
two-bedroom; and 8% three bedroom or more. There were 7.0 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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more >
 
With the profile of the
average timeshare buyer becoming increasingly diverse across population
segments, the study underscored the flexibility and value of vacation
ownership products for a broad range of consumers and
lifestyle.
• Baby boomers (born
1946-1964) make up 55.2% of all timeshare owners; individuals born
1925-1945 (the Silent Generation) account for 22.9%.
• 78.1% are either
married or have a domestic partner.
• 23.6% have a child
under age 18 living at home.
• The average age of
timeshare owners is 52.6.
• The median income is $72,900
among owners.
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more >
 
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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