With its humble beginning as a novel concept in the 1960s, vacation/timeshare ownership tourism has gradually attracted masses of tourists, real estate developers, and investors equally. It is one of the key segments of hospitality industry, holding vast growth potential, with major drivers being growing interest in vacationing and increasing disposable income. Developed countries like the US and Europe are the foremost markets for vacation ownership.
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Vacation Ownership (Timeshare) Industry Report: 2013 Edition:Industry Trends, Size and Shares Research Report
1. Vacation Ownership (Timeshare) Industry Report: 2013 Edition
With its humble beginning as a novel concept in the 1960s, vacation/timeshare ownership tourism has
gradually attracted masses of tourists, real estate developers, and investors equally. It is one of the key
segments of hospitality industry, holding vast growth potential, with major drivers being growing interest in
vacationing and increasing disposable income. Developed countries like the US and Europe are the foremost
markets for vacation ownership.
As the technological advancement in communications and travel has been moving on the rapid growth
trajectory, a stark change in societal and demographic landscape is visible world over. For instance, increasing
number of working adults and women, early retirement, growing demand for leisure and recreation, increasing
urban population and ameliorating economic conditions are among some of the major factors responsible for
raised demand of vacation ownership products.
At present, the global vacation ownership industry is recovering at a fast pace and both demand and supply
factors are poised to observe substantial growth in the years to come. However, as the trend suggests, demand
is growing relatively faster in comparison with supply. Increase in the factors like occupancy rates, average
daily rate (ADR), and revenue per available room (RevPAR) have made significant contribution to the growth
of the industry.
The report offers an analysis of the global vacation ownership market. It discusses major market trends,
growth drivers and challenges. The market for vacation ownership is personified by intense competition, with
numerous large and regional players competing on the basis of quality and location of timeshare resorts,
flexibility of usage, and other services offered by them. Wyndham Worldwide Corporation is the leading
player in the global vacation ownership market in terms of revenues, number of resorts, and number of
owners. The other leading players include Marriott International, Starwood Hotels, Hilton Hotels, and Hyatt
Hotels, among others.
By combining SPSS Inc.’s data integration and analysis capabilities with our relevant findings, we
have predicted the future growth of the industry. We employed various significant variables that have an
impact on this industry and created regression models with SPSS Base to determine the future direction of the
industry. Before deploying the regression model, the relationship between several independent or predictor
variables and the dependent variable was analyzed using standard SPSS output, including charts, tables, and
tests.
table Of Content
1. Hospitality Industry: Overview
1.1 Vacation Ownership Industry
1.1.1 Working Of The Timeshare Concept
1.1.2 Fractional Ownership
Vacation Ownership (Timeshare) Industry Report: 2013 Edition
2. 2. Vacation Ownership Market Structure
2.1 Global Vacation Ownership Market
arket Overview
penetration Rate
2.2 The Us Vacation Ownership Market
2.2.1 Industry And Performance Statistics
market Value
resort Size
maintenance Fee
average Selling Price
other Industry Statistics
2.2.2 Occupancy And Ownership Statistics
average Occupancy
segmentation Of Resorts
key Ownership Statistics
3. Market Dynamics
3.1 Industry Trends And Developments
3.1.1 Fast Paced Recovery Of Timeshare Industry In The Developed Markets
3.1.2 Higher Profitability In Buying Timeshare Compared To Hotel Stays
3.1.3 Growing Popularity For Eco-friendly Timeshare Resorts
3.2 Growth Drivers
3.2.1 Increasing Demand For Leisure And Recreation
3.2.2 Increasing Urban Population
3.2.3 Increasing Internet Penetration
3.2.4 Rising Population Of Hnis
3.2.5 Growing Global Economy
3.2.6 Zealous International Tourism Industry
3.3 Challenges
3.3.1 Liquidity Constraint And Low Resale Value Of Timeshare Properties
Vacation Ownership (Timeshare) Industry Report: 2013 Edition
3. 3.3.2 Business-inherent Issues
4. Competitive Landscape
competitive Overview
market Share
5. Company Profiles
5.1 Wyndham Worldwide Corporation
5.1.1 Business Overview
5.1.2 Financial Overview
5.1.3 Business Strategies
strategic Acquisitions
technological Advancements
5.2 Marriott International, Inc.
5.2.1 Business Overview
5.2.2 Financial Overview
5.2.3 Business Strategies
geographic Expansion
revenue Management
5.3 Starwood Hotels & Resorts Worldwide, Inc.
5.3.1 Business Overview
5.3.2 Financial Overview
5.3.3 Business Strategies
long Term Growth Opportunities
performance Measurement/repositioning
Vacation Ownership (Timeshare) Industry Report: 2013 Edition
4. 5.4 Hyatt Hotels Corporation
5.4.1 Business Overview
5.4.2 Financial Overview
5.4.3 Business Strategies
focus On Acquisitions
performance Evaluation
6. Market Outlook
6.1 Market Forecast
6.2 Forecast Methodology
6.2.1 Dependent And Independent Variables
6.2.2 Correlation Analysis
6.2.3 Regression Analysis
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Vacation Ownership (Timeshare) Industry Report: 2013 Edition