A recent article published by ARDA (American Resort Development Association) showed that the timeshare industry has enjoyed five consecutive years of sales growth.
The following information compares 2014 to 2013 as reported in the State of the Vacation Timeshare Industry: United States Study 2015 prepared by ARDA:
Sales volume increased more than 4% to $7.9 billion
The number of intervals sold reached 397,000
Rental revenue was also up 4%
There are currently 1,555 timeshare resorts in the United States which represents about 198,490 units
The average maintenance fee rose by 4% – from an average of $845 in 2013 to $880 in 2014
The average resort size is 128 units
The average sales price was $20,020
Timeshare occupancy increased by two percent which is up to 78% (compared to 64 percent hotel occupancy rate)
Marriott Ko Olina Beach Club View
Other interesting items in the study:
Beach resorts are the most common type of resort
Theme park resorts have the highest occupancy
Florida has the most resorts with 23% of the national average
Nevada has the largest average size resort with 182 units on average
Hawaii has the highest occupancy rate for any region at 85.3%
Syed Sarmad, Principal Broker for Advantage Vacation
