Economic Impact of the Timeshare Industry on the Virginia Economy, 2020 Edition
Published and sponsored by the ARDA International Foundation, 2020.
Conducted by Ernst Young; Covers 2019 calendar year data.
Member $125; Non-member $225
The impact of the timeshare industry on the Virginia 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 Virginia in 2019.
TABLE OF CONTENTS
Industry Operations Impacts
Resort Operations Activities
Sales and Marketing Activities
Consumer Spending by Timeshare Vacationers
Economic and Fiscal Impact Results
Detailed Economic Impact Tables
Direct Economic Output
Detailed Fiscal Tables
General Sales Taxes
Individual Income Taxes