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.
 
Combined direct, indirect, and fiscal impacts in 2005 by the U.S.
timeshare industry contributed an estimated $92 billion to the U.S.
economy in 2005. This included $62 billion in consumer and business
spending; 565,300 full- and part-time jobs; over $21 billion in
salaries, wages, and related income; and approximately $8.5 billion in
tax revenue.
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Baby boomers and empty nesters lead in vacation
ownership.
With the profile of the average timeshare buyer becoming increasingly
diverse across population segments, the study underscores the
flexibility and value of vacation ownership products for a broad range
of consumers and lifestyles. Baby boomers and empty nesters lead in
vacation ownership.
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17% of recent buyers (within the last 12 months) are single.
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31.4% of recent buyers and 24.9% of all owners have children under
18 years of age.
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The average age of recent buyers is 52.
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The median income is $74,000 for recent buyers and $81,000 among
all owners.
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Number of Owners
On January 1, 2007, 4.4 million households owned one or more U.S.
timeshare weekly intervals or pointsequivalents. This represents a 7%
increase over January 1, 2006.
Number of Timeshare Units
There are 176,232 timeshare units at 1,615 U.S. resorts, for an
average of 109 units per resort. States with the most unit volume
include Florida (30.4%), California (6.7%) and South Carolina
(6.5%).
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Timeshare Sales
2006 sales reveal a 14.3 percent year-over-year increase in net
sales of timeshare resorts in active sales, following sales of $5.6
billion in 2004. Average annual net sales per active resort for all
respondents was $19.6 million.
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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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