Learn More about the Timeshare Industry
Timeshare, also known as vacation ownership, continues to lead the hospitality sector with steady growth, due in large part to the industry's constant innovation and evolution in response to ever-changing consumer lifestyle needs and vacation preferences.
Research, studies and surveys are a vital component to our industry—providing valuable information to our members and consumers about the industry, from buying trends to product satisfaction and economic data. The ARDA International Foundation (AIF) fulfills the industry's research needs, and commissions well-respected research firms such as Ernst & Young (EY) and Deloitte & Touche to continuously conduct surveys and produce research studies representing the most reliable data available on vacation ownership.
The information below provides an overview based on recent research of the timeshare industry. You can also learn more by downloading ARDA's Understanding Vacation Ownership brochure.
World Wide Vacation Ownership
The shared vacation ownership industry supported nearly 1.1 million jobs worldwide in 2010, according to a study performed by Oxford Economics and The Research Intelligence Group (TRiG). The global shared vacation ownership industry generated more than $45 billion in direct economic output in 2010. The total impact of the shared vacation ownership industry reaches nearly $114 billion when including indirect and induced impacts. Purchase the full study for more details.
State of the Industry
In the report performed by Ernst & Young (EY), there were 1,540 timeshare resorts in the United States in 2013, representing approximately 192,420 units for an average resort size of 125 units. Of these, 6% were studio units; 24% were one-bedrooms; 61% were two-bedroom; and 8% three bedroom or more. Sales volume reached more than $7.6 billion, with approximately 8.5 million timeshare intervals owned. Discover why 2013 was a Banner Year for the Timeshare Industry, and learn more by purchasing the full study.
Ernst & Young (EY) reports that in total, the U.S. timeshare industry generated nearly $70 billion of economic output in 2013. In addition, 473,000 full- and part-time jobs; $23 billion in income; and more than $8.5 billion in total tax revenues were generated. See how the Timeshare Industry Fuels the U.S. Economy, and purchase the full study to learn more.
According to a recent study by Deloitte & Touche, respondents reported $5.298 billion in U.S. net originated sales in 2013, a 6.9 increase over 2012 for the core company set of respondents. For respondents that reported securitizations in both 2012 and 2013, the average transaction size of securitizations and advance rates increased, while average interest rates decreased. Read more details in the full study, available for purchase today.
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.