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.
China, for example, is taking advantage of promising tourism and travel projections to start new vacation clubs and highlight its most popular destinations. Meanwhile, places like Cambodia are breaking ground on their very first timeshare resorts, stoking interest among prospective buyers and offering new experiences to fans of the region. Existing markets, like those in India and South Africa, are seeing increased affiliations with exchange giants like RCI and Interval International, and are benefiting from travel and tourism-friendly legislation (namely, India’s new National Tourism Policy).
To help you understand which new timeshare industries are experiencing growth and where they’re located, we put together this handy infographic to break it down for you!
If you’re interested in jumping on board with the constantly-growing timeshare industry, you can get started with a timeshare resale. Browse thousands of resale opportunities in your favorite vacation destinations and save up to 70% on guaranteed yearly accommodations!