Industry Information
Learn more about the timeshare industry here.
About the Industry
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.
State of the Industry
There were 1,548 timeshare resorts in the United States in 2010, representing approximately 197,700 units for an average resort size of 128 units. Of these, 5% were studio units; 22% were one-bedrooms; 65% were two-bedroom; and 8% three bedroom or more. There were 8.1 million intervals owned. Read more
Economic Impact
In total, the U.S. timeshare industry supported an estimated $69 billion of output to the U.S. economy in 2009. This included 465,800 full- and part-time jobs; over $22 billion in salaries, wages, and related income; and approximately $8.4 billion in tax revenue. Read more
Financial Performance
Respondents report $4.63 billion in U.S. net originated sales in 2010, which was marginally higher than 2009 for the core company set of respondents. The average transaction value of a timeshare week sold during 2010 was $16,868, an increase from 2009. Read more
Evolving Vacation Home Options
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.