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Timeshare Datashare: Consumer Loans Perform Well
Provided by: ARDA International Foundation
November 2008
According to the newly released Financial Performance 2008 report,
conducted among timeshare development companies in active sales, it is
estimated that 76.5% of the dollar value of net originated timeshare
sales in 2007 was financed. The study also collected data on the
performance of participating companies’ outstanding consumer
receivables portfolio. A total receivables portfolio value of $10.2
billion was reported in 2007, representing a 17.2% increase from 2006,
when a total receivables portfolio value of $8.7 billion was reported.
The share of current receivables (less than 31 days delinquent) was
90.8% at year-end 2007, slightly less than the year-end 2006 percentage
of 91.3%. On average, 2.6% of the receivables were 31 to 60 days past
due, and 6.7% were over 60 days past due or in default at year-end 2007,
on a weighted average basis.
Aging of
Consumer Receivables Portfolio, 2006 and 2007
(All Geographies) |
| |
2006 |
2007 |
| Current |
91% |
90.8% |
| 31 to 60 days |
2.6% |
2.6% |
| 61 to 90 days |
1.4% |
1.5% |
| 91 to 120 days |
1.2% |
1.2% |
| More than 120 days and/or in default |
3.6% |
4.0% |
| Note: Some figures shown do
not total 100 percent, due to rounding. |
Source: Financial
Performance 2008: A Survey of Timeshare & Vacation Ownership
Companies. The results were based on 25 company survey responses. A
total of 27 companies participated in the survey representing 220
timeshare resorts in active sales.
Datashare
Archives
October 2008 - Owners Love to Use Their
Timeshare
September 2008 - Owners Love to Use Their
Timeshare
August 2008 - Steady Growth of Timeshare
Owners
February 2008 - Join the Fun!
January 2008 - New Year’s
Resolutions
December 2007 - Decisions, Decisions
November 2007 - Owners Wants More!
October 2007 - Now Developing
September 2007 - Over 4 Million U.S. Households Vacation
with Timeshare
August 2007 - Timeshare Has It All!
July 2007 - Regions of Hot Sales
June 2007 - U.S. Sales Volume in 2006
May 2007 - Timeshare Visitor Party
Characteristics
April 2007 - Vacation and Taxes
March 2007 - Gauging Customer Satisfaction
February 2007 - Industry Impact on the U.S.
Economy
January 2007 - Recent Buyer Hesitations
December 2006 - Recent Buyer Motivations
November 2006 - Resort Classification
October 2006 - Timeshare Resort Locations Across the
United States
September 2006 - Preferred Future Timeshare
Location
August 2006 - Biennials
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