The U.S. Timeshare Market to Gain Significantly During 2017-2021
Friday, March 24, 2017
Recent research found that the U.S. vacation ownership market has expanded significantly during the span of 2011-2016. As such, analysts have predicted that the market will continue to rise in the next five years by an enormous amount. To further explore this prediction, researched have prepared “The U.S. Vacation Ownership (Timeshare) Market 2017-2021” study. This report shows evidence of previous growth patterns and both current and future trends.
Market Research Hub (MRH) starts the study by introducing Vacation Ownership as a whole—what it is, what it’s benefits are—and divulge into how timeshare ownership allows consumers to customize their vacations with options for stays at quality resorts rather than scrambling to find a bargain.
Per the current research, major growth drivers for the U.S. vacation ownership market include:
- Timeshare sales metrics
- Property purchasing preferences
- Rising employed population
- Timeshare perception
- Travel and tourism industry
- High net worth individual population and wealth
Some trends in the recent market show vacation ownership on the rise in households, more inventory, and the next generation of potential timeshare owners. Challenges in the market include high competition, seasonality, and dream vacation barriers for owners.
The report also covers different companies that are major players in the vacation ownership industry including Marriott, Wyndham, Hilton Grand Vacations, and Diamond Resorts. All have been profiled in a way that highlights their key financials and business strategies for growth in the current marketplace.
To view a free sample of The U.S. Vacation Ownership (Timeshare) Market 2017-2021 report, click here.
