Timeshare Industry Continues to Show Steady Growth

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Vacationers are loving their timeshares!   The industry association’s research group, along with Ernst & Young, just released its State of the Vacation Timeshare Industry: United States Study for 2015.  It shows that the timeshare industry enjoyed steady growth in 2014.  Here are a few of the highlights:

When comparing 2014 to 2013:

  • Sales volume increased more than four percent, to $7.9 billion.
  • There are 1,555 timeshare resorts in the United States, representing about 198,490 units.
  • The average resort size was 128 units.
  • The average sales price was $20,020.
  • Occupancy increased two percent, up to 78 percent, compared to a 641 percent hotel occupancy rate.

There were some other interesting facts to note as well:

  • 70% all timeshare units are two-plus bedrooms. An average one-bedroom unit is 700 square feet; an average two-bedroom unit is 1,160 square feet and an average three-bedroom unit is 1,590 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—23% of the national total.
  • Nevada has the largest average resort size—182 units on average.
  • Hawaii has the highest occupancy rate for a region, at 85.3%.

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2015 State of the Timeshare Industry

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