Boosted by strong sales growth, especially in the large U.S. market, the international timeshare industry reached $9.4 billion in sales during 2002. With over 5,400 resorts in more than 100 countries, the industry plays an increasingly prominent role in the world tourism industry. The 6.7 million households world-wide own the rights to about 10.7 million timeshare weeks. Satisfaction rates remain high, upwards of 80% in most major markets. High satisfaction rates, affordability, and low market penetration hold the promise for more industry growth. Timeshare industry statistics below on the following countries (United States, Australia, Mexico)  Economic Impact The U.S timeshare industry contributed an estimated $62 billion in consumer and business spending to the national economy in 2005, according to a study conducted by Pricewaterhouse-Coopers for the ARDA International Foundation (AIF). Released in March 2007 during the annual convention of the American Resort Development Association (ARDA) in Orlando, the study was undertaken to analyze the impact of timeshare developers and owners and their value to the U.S. economy. more 
 According to Timeshare: Holidays Forever—Growing Regional Tourism,6 the Australian vacation ownership industry has seen a resurgence over the past five to six years. The number of timeshare owners has increased by 50% to more than 125,000, the number of resorts has increased from 57 to 73, and the average annual net sales of timeshare has grown to $173 million. Overall, the industry has recorded average annual growth of 10%, making it the fastest growing segment of Australia’s tourism industry. more
 Charts and information containing statistics for the 2006 study of Latin American and the Caribbean conducted by the RCI Global Vacation Network and submitted to GATE by AMDETUR. |
| Did you know... Vacation ownership, also known as timesharing, is a concept that originated in the French Alps in the 1960s. Now, more than 40 years later, it is firmly positioned as one of the most popular vacation options enjoyed by today's leisure travelers. Consumers are embracing timesharing, making it one of the fastest-growing sectors of the worldwide hospitality industry. In fact, vacation ownership has enjoyed a double-digit annual growth rate in many countries over the past two decades. |
