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The International Timeshare Industry Has Steady Rising Ownership and an Optimistic Future

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 The International Timeshare Industry Has Steady Rising Ownership and an Optimistic Future 

 2016 World Wide Study 

According to the newly released 2016 Worldwide Shared Vacation Ownership Report from the ARDA International Foundation (AIF) conducted by Oxford Economics and Leger, the international timeshare industry is a dynamic industry that spans the globe, and this extensive survey of shared vacation ownership resorts worldwide has once again revealed the industry to be formidable in size, diverse in makeup and optimistic about its future.

With over 5,300 shared vacation ownership resorts in 121 different countries around the world and comprised of more than 527,000 units, the global timeshare industry has become an economic force that is diverse and steadily rising in ownership:

An Economic Force: 

 

  • Supports nearly 1.3 million jobs; 577,000 direct and 702,000 indirect 
  • Generates $146 billion in economic output; $57 billion directly and $89 billion indirectly 
  • Generates almost $17 billion in taxes 

 

Steadily Rising Ownership: 

 

  • Between 2014 and 2015, global sales increased 11.5% from $17.7 billion to $19.7 billion.
  • Average worldwide shared vacation ownership sales price was $18,626 per interval in 2015, representing a 0.5% compound annual worldwide growth rate between 2013 and 2015
  • Global shared vacation ownership occupancy registered 79.4% in 2015, up from 76.4% in 2014

 

The success of the shared vacation ownership resorts around the world have led to an even more promising future.  The shared vacation industry is on pace to add 91 new properties in 2017 and beyond, which will add nearly 7,300 total units for new investors to enjoy the timeshare industry, no matter where they are located.

 For more details, see ARDA’s infographic and for a copy of the full study, visit www.arda.org/foundation.

 


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