The online leader in purchasing, renting, and selling timeshares on the secondary market, SellMyTimeshareNow.com, continues its rapid growth in the vacation ownership resale space. The Orlando-based company recently released its 2016 First Quarter Offer Report, which showed a growth in the number of offers made on its web properties. The combined value of confirmed offers revealed a 15% increase from the same period last year.
The timeshare resale and rental leader is poised to have another record-breaking year in 2016, with more than $86 million in purchase and rental offers in Q1 alone.
President of SellMyTimeshareNow.com Chad Newbold stated:
“As usual, we hit the ground running in 2016. The value of timeshare purchase offers increased by more than 31%, with 9,543 individual confirmed offers forwarded to our advertisers, along with an additional 4,674 inquiries. As an established leader in the timeshare resale industry, the continuing growth in the amount of offers we deliver further demonstrates our commitment to providing a viable resale solution to timeshare owners as well as our ongoing efforts to bring vacation ownership to the next generation of buyers and travelers.”
Another notable takeaway from SellMyTimeshareNow.com’s report is the increase in site activity from Millennials. In the first three months of 2016, their website saw an increase of 11% in website usage by individuals between the ages of 18 and 34 compared to the same time period in 2015. Pair that with the statistics from ARDA’s 2105 Next Generation Study which shows that eight out of ten Millennials look at timeshares positively, and the result is not only promising for SellMyTimeshareNow.com, but for the secondary market as a whole.
As more Millennials turn to the timeshare resale and rental market for more affordable and convenient travel solutions, SellMyTimeshareNow.com appears to be in the perfect position to continue its growth within the industry. To learn more about SellMyTimeshareNow.com’s leading timeshare resale and rental services, visit their website.