The global timeshare industry has seen significant growth in recent years due to increased occupancy rates at ownership resorts and heightened incentive for vacationers to become club members. The news is good for a number of reasons—on one hand, current owners will benefit from a more competitive market by experiencing greater owner benefits and services. On another hand, newer, more efficient vacation ownership solutions will undoubtedly become available for prospective buyers.
Vacation ownership is alive and well in lucrative markets such as the U.S., the Caribbean, Europe, and elsewhere. But several smaller timeshare industries are starting to gain steam and drive revenue, encouraging growth in areas that have never been strong markets for vacation ownership. Between already-established areas changing legislation and welcoming new developers, to nations new to the concept of timeshares altogether, the industry is taking off around the globe.
Categories: Industry News