Economic Impact of the Timeshare Industry on the Florida Economy, 2024 Edition

Presented by ARDA Research & Insights, 2024.
Conducted by Ernst Young; Covers 2023 calendar year data.

The impact of the timeshare industry on the Florida economy extends beyond the timeshare resorts with which customers are most familiar. The total economic contribution of the industry also includes the economic impacts of sales and marketing offices, corporate operations, the construction of new resorts and the renovation of existing resorts, and the significant impact of expenditures of vacationers during timeshare stays. This study estimates the comprehensive private- and public-sector benefits generated by the timeshare industry in the state of Florida in 2023.

TABLE OF CONTENTS
Executive Summary 

Survey Results
Industry Operations Impacts
Resort Operations Activities
Corporate Activities
Sales and Marketing Activities
Capital Expenditures
Consumer Spending by Timeshare Vacationers

Economic and Fiscal Impact Results 

    Detailed Economic Impact Tables
    Direct Impacts
        Direct Economic Output
        Direct Employment
        Direct Income
    Indirect Impacts
    Induced Impacts

    Detailed Fiscal Tables
    Property Taxes
    General Sales Taxes
    Occupancy Taxes
    Individual Income Taxes
    Employment Taxes