Industry Research by Koncept Analytics
Vacation Ownership (Timeshare) Market: Industry Analysis & Outlook ----------------------------------------(2017-2021) August 2017
Vacation Ownership (Timeshare) Market: Industry Analysis & Outlook (20172021)
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Executive Summary The word "timeshare" has evolved over the years to include a wide variety of vacation products and plans. It is also known as "vacation ownership" "holiday ownership" and "interval ownership�. A timeshare is a property with a particular form of ownership or use rights. These properties are typically resort condominium units, in which multiple parties hold rights to use the property, and each individual is allotted a period of time (typically one week and almost always the same time every year) in which they may use the property. There are many things that set a vacation timeshare resort apart from the typical hotel, but the main difference is the quality of the actual rooms available. Vacation timeshares are far more deluxe and tend to be apartment style accommodations ranging in size from studio units (with room for two), to three and four bedroom units. These larger units can usually accommodate large families comfortably. Units normally include fully equipped kitchens with a dining area, dishwasher, televisions, DVD players, etc. The vacation ownership (timeshare) market is set to experience favorable growth driven by factors such as increasing high net worth population and wealth, rising internet penetration, escalating international tourism, rapid urbanization and ameliorating economic growth. The major trends observed in this market include technological advancements, increasing consolidation of market players. Greater adoption of green practices and growing focus on health and wellness. However, the growth of this budding market is constrained by challenges such as stringent regulations, seasonality and cyclicality risk and other risks associated with vacation ownership industry. The report “Vacation Ownership (Timeshare) Market: Industry Analysis & Outlook (2017-2021)� analyses the development of this market, with focus on the U.S. market. The major trends, growth drivers as well as issues being faced by the market are discussed in detail in this report. The four major players: Interval Leisure Group, Wyndham Worldwide Corporation, Marriott Vacations Worldwide Corporation and BBX Capital Corporation are being profiled along with their key financials and strategies for growth.
Vacation Ownership (Timeshare) Market: Industry Analysis & Outlook (20172021)
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Increasing high net worth population and rapid urbanization supported the market for vacation ownership globally.. Global Vacation Ownership Market Forecast by Value (20162021)
Global Hotel Industry Occupancy Rate by Region (2016)
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The global vacation ownership market is estimated to reach US$ ..billion by the year 2021, increasing from US$ ..billion in 2016, recording growth at a CAGR of ..% for the period spanning 2016-2021.
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In 2016, Europe recorded the hotel occupancy rate worldwide at ..%, followed by Asia Pacific and Americas, which recorded occupancy rates at ..% and ..%, respectively.
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Amongst all the regions, the average daily rate of hotels of Middle East/Africa (MEA) was recorded at US$.. This was followed by Americas and Europe, which recorded the average daily rates of US$.. respectively for the year 2016.
Global Hotel Industry Average Daily Rates by Region (2012- 2016)
Vacation Ownership (Timeshare) Market: Industry Analysis & Outlook (2017-2021)
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Escalating International tourism and ameliorating economic growth will drive the market for vacation ownership globally.. The U.S. Hotel Industry Forecast by Value (2017-2021) • The U.S. hotel Industry is anticipated to reach US$ ..billion by the year 2021, increasing from US$ ..billion in 2016, recording growth at a CAGR of ..% for the period spanning 2017-2021. • The U.S. vacation ownership market is estimated to reach US$ ..billion by the year 2021, increasing from US$ ..billion in 2016, recording growth at a CAGR of ..% for the period spanning 2017-2021. • The resort per unit on average in the U.S. is expected to reach ..units by the year 2021, increasing from ..units in 2017, recording growth at a CAGR of ..% for the period spanning 2017-2021.
The U.S. Vacation Ownership Market Forecast by Value (20172021)
The U.S. Vacation Ownership Average Resort Size Forecast (20172021
Vacation Ownership (Timeshare) Market: Industry Analysis & Outlook (2017-2021)
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