Economic Impact of the Timeshare Industry on the U.S. Economy, 2024 Ed.

The impact of the timeshare industry on the U.S. 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.

Published and sponsored by ARDA Research & Insights, 2024.
Conducted by Ernst & Young. Covers 2023 calendar year data.
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TABLE OF CONTENTS

Executive Summary

Introduction

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 Estimation Methodology

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

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

Appendix A
Detailed Fiscal Impact Tables

Appendix B
IMPLAN Impact Modeling Methodology

Appendix C
2024 Economic Impact Survey Form