Shared vacation ownership is a dynamic industry that spans the globe.
ARDA International Foundation (AIF) research, conducted by Oxford Economics, has provided the industry with a detailed understanding of its size, composition, and performance across every world region. An extensive survey of shared vacation ownership resorts worldwide has once again revealed the industry to be formidable in size, diverse in its makeup, resilient through a downturn, and optimistic about its future.
The direct impact of shared vacation ownership properties includes the economic activity of properties’ sales and marketing teams, on-site staff and day-to-day operational activities, construction activities, and corporate offices, regional economies around the globe benefit. Additional economic activity is derived from shared vacation ownership patrons and employees spending in local economies and downstream industries which provide support to shared vacation ownership operations. There are also significant tax revenues with federal, state, and local governments benefitting from fiscal impacts arising from various levies, including property taxes, personal income taxes, sales taxes, and occupancy taxes.
This report also analyzes the total global economic impacts attributable to the shared vacation ownership industry as follows:
- Section 3 outlines the methodology of the resort survey
- Section 4 provides an overview of the shared vacation ownership industry from the supply side
- Section 5 analyzes industry performance
- Section 6 examines industry composition
- Section 7 provides an industry outlook
- Section 8 summarizes the economic impact of the shared vacation ownership industry
- Section 9 provide a regional summary for Asia
- Section 10 provide a regional summary for Australasia
- Section 11 provide a regional summary for the Caribbean
- Section 12 provide a regional summary for Central & South America
- Section 13 provide a regional summary for EMEA (Europe, Middle East, Africa)
- Section 14 provide a regional summary for North America
- Section 15 is the Appendix
