DUBLIN (August 15, 2012) — Research and Markets has announced the addition of the “Vacation Ownership (Timeshare) Industry Report: 2012 Edition” report to their offering.
“Vacation Ownership (Timeshare) Industry Report: 2012 Edition”
The vacation ownership or timeshare industry, which is a major segment of hospitality industry, provides significant growth opportunities in the future, driven by growing interest in vacationing and increasing disposable income. Developed countries like the US and Europe represent the major markets for vacation ownership. However, other developing countries in the Middle East and Asia Pacific region are also gaining popularity.
The global vacation ownership industry is currently in the recovery stage and both the demand and supply factors in the industry have recorded significant growth recently. However, the growth of demand in the industry is much faster compared to the supply side factors. Specifically, the increase in the factors like occupancy rates, average daily rate (ADR), and revenue per available room (RevPAR) have contributed to the growth of the industry.
Saving on future vacation costs is one of the main reasons behind the popularity of buying timeshare over hotel stays as owning timeshare properties makes much more financial sense for families travelling on a regular basis. Along with that, the availability of preferred locations also plays a significant role in choosing vacation ownership over hotel stays.
The vacation ownership industry in the US has witnessed decline in the overall sales during 2007 to 2009. However, in the last two years the industry has returned to its growth trajectory. Within the US, provinces like Florida, California, and Hawaii have gained popularity and witnessed significant footfalls of vacationers recently.
The report provides an analysis of the vacation ownership market. It discusses major market trends, growth drivers and challenges. It presents the competitive structure of the industry and profiles major players in the vacation ownership market with a discussion of their key business strategies.
Key Topics Covered:
1. Vacation Ownership: An Overview
1.2 Benefits of Vacation Ownership
1.3 Working of the Timeshare Concept
1.4 Fractional Ownership
2. Vacation Ownership Market
2.1 Global Market
2.2 Vacation Ownership Market in the US
3. Key Trends
3.1 Strong Recovery of Timeshare Industry in the Developed Markets
3.2 Higher profitability in Buying Timeshare Compared to hotel Stays
3.3 Growing Popularity for Eco-Friendly Timeshare Resorts
4. Growth Drivers
4.1 Growing Tour Volume and Sales per Tour
4.2 Growing Aging Population
4.3 Increasing Worldwide Tourism
4.4 Improving Worldwide Economy
5.1 Low Resale Value of Timeshare Properties
6. Vacation Ownership – Competitive Landscape
7. Company Profiles
8. Market Outlook
8.1 Market Forecast
8.2 Forecast Methodology
– Hyatt Hotels
– Marriott International
– Starwood Hotels & Resorts Worldwide
– Wyndham Worldwide
For more information visit http://www.researchandmarkets.com/research/kjwspw/vacation_ownership