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2016 Marks Seventh Straight Year of Growth for the Industry

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 2016 Marks Seventh Straight Year of Growth for the Industry 

2017 SOI 

We are happy to share the latest research from our State of the Vacation Timeshare Industry: United States Study 2017 Edition. It shows the strength and resiliency of the timeshare industry after another year of growth in 2016. Here are a few of the highlights.   

In 2016: 

 

  •  Sales volume increased nearly seven percent, from $8.6 billion in 2015 to $9.2 billion; 
  •  Rental revenue increased by five percent, going from $1.8 billion in 2015 to $1.9 billion; 
  •  There were 1,558 timeshare resorts in the United States, representing about 206,080 units;  
  •  About 70 percent of these units feature two or more bedrooms; 
  •  Average unit size was over 1,000 square feet; 
  •  The average sales price was $20,940; and 
  •  Average occupancy was about 79 percent (compared to a 65.51 percent hotel occupancy rate).  

 

There were some other interesting facts as well:  

 

  •  Beach resorts are the most common type of resort; 
  •  Island resorts have the highest occupancy; 
  •  Florida has the most resorts of any region in the country; 
  •  Nevada has the largest average resort size—230 units on average; and 
  •  35 percent of resorts are now offering a mobile application to resort owners, up from just 12 percent last year.  

 

For more details, check out our infographic and for a copy of the full State of the Industry Study, visit www.arda.org/foundation


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