State of the Vacation Timeshare Industry

A Survey of HOA Controlled Timeshare Resorts, 2011 Edition

January 5, 2012

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There are marked differences between HOA controlled resorts and developer controlled
resorts. Some of the known issues that are affecting HOA controlled resorts are: an aging
product, lifecycle changes of long term owners, challenges in the resale market, and a
multitude of factors that contribute to increased delinquencies in maintenance fees. This
research was performed with the overall objective aligned with ARDA’s mission to promote
the growth and development of the timeshare and vacation ownership industry, but more
specifically to determine the key factors for financial success in resorts in which legal control
was governed by a Home Owners Association (HOA).

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