EXETER, NH (November 19, 2014) — Shoppers on the secondary market for timeshares are younger and more savvy than ever before, according to a new demographic study by timeshare resale authority SellMyTimeshareNow.com. Such trends within the prospective resale buyer population are mirrored by recent trends within the primary market and are supported by the conclusions of the ARDA International Foundation (AIF) 2014 Shared Vacation Ownership report released earlier this month.
According to the SellMyTimeshareNow.com study, which analyzed data from the trailing twelve months (November 1, 2013 – October 31, 2014), Millennials and Gen Xers are responsible for more than 65% of all verified purchase and rental submissions on SellMyTimeshareNow.com. Gen Xers represented the fastest growing market segment, growing 15% in the last 6 months.
“We are thrilled to see a younger generation using our platform to shop online for timeshare. We provide the point and click experience that Millennials and Gen Xers have come to expect, offering an online marketplace where they can research, browse, and compare vacation ownership products without enduring a typical sales presentation,” says SellMyTimeshareNow.com President, Chad Newbold. “Today’s resale buyers (and travelers) are deal seekers who recognize the value and convenience of the diversified vacation ownership products offered through SellMyTimeshareNow.com. On our site they can explore a wealth of secure resale options available for purchase at a fraction of the retail cost.”
As the pool of prospective timeshare resale consumers reached by SellMyTimeshareNow.com has grown to include younger market segments, expansion has occurred globally as well. In the same study, SellMyTimeshareNow.com analyzed buyer and renter demographics to determine reach within the broader timeshare resale market worldwide. In the last 12 months, SellMyTimeshareNow.com has seen verified offers to purchase or rent vacation ownership interests submitted from consumers in more than 117 countries and territories worldwide.
“With demand for timeshare resale expanding globally, the need for comprehensive and affordable resale services is more important now than ever. Our online platform and advanced marketing approach connects sellers with prospective owners and travelers worldwide. SellMyTimeshareNow.com remains the ideal marketplace to suit the needs of an increasingly diverse and increasingly Internet-savvy consumer base,” says SellMyTimeshareNow.com CEO, Scott Roberts.
About SellMyTimeshareNow, LLC
SellMyTimeshareNow, LLC is the leading provider of timeshare resale and rental services in the vacation ownership industry. With over 2.8 million visits in 2013, SellMyTimeshareNow.com is the world’s most active online marketplace for the purchase and rental of timeshare interests. A subsidiary of Vacation Innovations, SellMyTimeshareNow, LLC has been helping to solve the shared ownership needs of owners and non-owners alike since 2003. For more information on SellMyTimeshareNow, LLC, visit www.SellMyTimeshareNow.com. See what they are up to on Facebook at www.facebook.com/SellMyTimeshareNow or on Twitter at https://twitter.com/vacationhotdeal.
PRESS RELEASE SOURCE: SellMyTimeshareNow, LLC