Growth of Vacation Ownership (Timeshare) Market in Global Industry: Overview, Size and Share 2019-2025
MarketResearchNest.com adds “Global Vacation Ownership (Timeshare) Market Size, Status and Forecast 2019-2025” new report to its research database. The report spread across 92 pages with multiple tables and figures in it.
A timeshare is a type of vacation ownership in which multiple individuals share rights to use the property, each with his or her own allotted time frame (in its most common form, this is a fixed week each year).
The vacation ownership industry (also known as the timeshare industry) enables customers to share ownership and use of fully-furnished vacation accommodations. Typically, a purchaser acquires an interest (known as a “vacation ownership interest”) that is either a real estate ownership interest (known as a “timeshare estate”) or contractual right-to-use interest (known as a “timeshare license”) in a single resort or a collection of resort properties.
This report studies the Vacation Ownership (Timeshare) Market– with many aspects of the industry like the market size, market status, market trends and forecast, the report also provides brief information of the competitors and the specific growth opportunities with key market drivers. Find the complete Vacation Ownership (Timeshare) market analysis segmented by companies, region, type and applications in the report.
As for the global Vacation Ownership Industry, the industry structure is relatively concentrated in USA. The top three manufacturers have 44.57% revenue market share in 2017. Wyndham, which has 17.40% market share in 2017, is the leader in the Vacation Ownership industry. The manufacturers following Wyndham are Marriott Vacations Worldwide and Hilton Grand Vacations, which respectively has 14.48% and 12.69% market share globally.
The competition among hotel and resort timeshare operators for sales of VOIs based principally on location, quality of accommodations, price, service levels and amenities, financing terms, quality of service, terms of property use, reservation systems and flexibility for VOI owners to exchange into time at other timeshare properties or other travel rewards. So, the main players compete based on brand name recognition and reputation international. Plus, consumer demand for products and services provided by the timeshare industry is closely linked to the performance of the general economy and is sensitive to business and personal discretionary spending levels.
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In 2018, the global Vacation Ownership (Timeshare) market size was 13500 million US$ and it is expected to reach 23700 million US$ by the end of 2025, with a CAGR of 7.3% during 2019-2025.
This report focuses on the global Vacation Ownership (Timeshare) status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Vacation Ownership (Timeshare) development in United States, Europe and China.
The key players covered in this study:
- Marriott Vacations Worldwide
- Hilton Grand Vacations
- Diamond Resorts
- Bluegreen Vacations
- Disney Vacation Club
Market segment by Type, the product can be split into
- Vacation/Travel Clubs
Market segment by Application, split into
Market segment by Regions/Countries, this report covers
- United States
- Southeast Asia
- Central and South America
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Highlights of the Global Vacation Ownership (Timeshare) report:
- A complete backdrop analysis, which includes an assessment of the Vacation Ownership (Timeshare) Market
- An objective assessment of the trajectory of the market
- Market segmentation up to the second or third level
- Reporting and evaluation of recent industry developments
- Important changes in market dynamics
- Emerging niche segments and regional markets
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Market shares and strategies of key players
- Recommendations to companies for strengthening their foothold in the market
The study objectives of this report are:
- To analyze global Vacation Ownership (Timeshare) status, future forecast, growth opportunity, key market and key players.
- To present the Vacation Ownership (Timeshare) development in United States, Europe and China.
- To strategically profile the key players and comprehensively analyze their development plan and strategies.
- To define, describe and forecast the market by product type, market and key regions.
In this study, the years considered to estimate the market size of Vacation Ownership (Timeshare) are as follows:
- History Year: 2014-2018
- Base Year: 2018
- Estimated Year: 2019
- Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
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