Infographics

Did you know that 89 percent of respondents who had a kitchen on their last vacation said it improved their vacation experience? And 87 percent said that having a separate living area also led to a better vacation.

kitchens in every timeshare unit

89 percent of respondents who had a kitchen on their last vacation said it improved their vacation experience.

Combined direct, indirect, and fiscal impacts in 2015 by the U.S. timeshare industry included $79.5 billion in consumer and business spending, 511,782 full- and part-time jobs, $28.1 billion in salaries and wages, and $10.2 billion in tax revenue.

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Today’s timeshare owners are busting long-held industry myths and loving their vacation product.

  • The average timeshare owner is just under 47 years old
  • 60% of timeshare owners are white; 20% are African-American; 14% Asian American
  • 68% are married; 17% are single, never married
  • 84% own their own home
  • 44% have children under the age of 18 living with them at home

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From Chief Fun Officers to Real Estate Developers, working in the timeshare industry is more than a job, it’s a career. With more than 500,000 full- and part-time jobs in the U.S. in 2015, the timeshare industry provides a wide range of employment and advancement opportunities and requires an array of skill sets.

 

 

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Vacationers are loving their timeshares!   The U.S. timeshare industry enjoyed a sixth straight year of steady growth in 2015, according to the State of the Vacation Timeshare Industry: United States Study 2016 Edition, conducted by Ernst & Young for the ARDA International Foundation. Here are a few of the highlights from the research:

When comparing 2015 to 2014:

  • Sales volume increased by nine percent, to $8.6 billion, the second largest increase since the recession and a 9% increase over last year.
  • There are 1,547 timeshare resorts in the United States, representing about 200,720 units.
  • The average sales price was $22,240.
  • Occupancy increased two percent, up to almost 80 percent, compared to a 661 percent hotel occupancy rate.

There were some other interesting facts to note as well:

  • 70% all timeshare units are two bedrooms or more. An average one-bedroom unit is 700 square feet; an average two-bedroom unit is 1,180 square feet and an average three-bedroom unit is 1,660 square feet—compared to the average hotel room size of 350 square feet.
  • Beach resorts are the most common type of resort.
  • Theme park resorts have the highest occupancy.
  • Florida has the most resorts—24% of the national total.
  • Nevada has the largest average resort size—230 units on average.
  • Hawaii has the highest occupancy rate for a region, at 86.7%.

For more details, check out our infographic and to learn more about vacationing with timeshare, go to www.VacationBetter.org.

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Check out the latest facts and figures about the timeshare industry!

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