CELEBRATION, FL (May 10, 2016) — Sharket.com, the timeshare market research website, has released its “Top 25 Timeshare Resorts” for 2016. The list is Sharket’s annual ranking of the timeshare industry based on actual resales and ranks how well timeshares at specific resorts perform on the secondary market.
More than 20 percent of all timeshare resale transactions and more than 50 percent of the total resale market dollar volume takes place at the Top 25 resorts according to Sharket’s research, underscoring the importance of the resorts on the list.
Disney Dominates for Second Year in a Row
In Sharket’s 2016 Top 25 list, Disney Vacation Club is the big winner, as it was in 2015. Of the more than 1,400 resorts reporting sales in the Sharket database, only seven earned a perfect 10 Saleability Score, a proprietary score calculated by Sharket based on resale price and number of resales, and six are Disney Vacation Club resorts. The other resort with a perfect 10 on the 2016 list is Marriott’s Grande Vista resort.
“Disney Vacation Club timeshares continue to enjoy a high number of sales and high median prices compared to almost any other resort,” says Bob Schmidt, Sharket’s Chief Data Officer. “Disney resorts are not actually the priciest timeshares – in the Top 25 that honor again goes to Starwood’s Westin Ka’anapali in Hawaii – but the Disney resorts have a much higher number of resales. Disney’s Saratoga Springs for example chalks up an incredible 1,021 resales on an annualized basis, more resales per year than any other resort, and the number of Saratoga Springs’ resale transactions represents an increase of 20 percent compared to the data for last year’s ranking,” Schmidt says.
Resales Are Higher and So Are Prices
“The number of resales is higher at every one of the Top 25 resorts,” Schmidt says. “Many resorts saw resale price gains as well. In fact, 15 of the Top 25 saw typical prices increase compared to last year,” Schmidt adds.
Some highlights regarding the Top 25 list include
- Disney Vacation Club resorts take all of the top six rankings, eight of the top ten, and eleven of the top 25.
- Two Marriott Vacation Club resorts appear in the top 10, and six of the top 25.
- No Hilton Grand Vacations Club resorts appear in the top 10, but five Hilton resorts are in the top 25.
- Geographically speaking, Orlando area resorts dominate, appearing tn times in the top 25, while fourteen of the top 25 are located in Florida.
- Hawaii resorts appear nine times.
- Hilton Grand Vacations Waikoloa, Hilton Grand Waikikian, Marriott Cypress Harbour, St. James Place, Disney’s Grand Floridian and Disney’s Aulani resorts rank in the 2016 Top 25 but did not appear on last year’s list.
- Resorts in the Top 25 last year, but not on the list this year, include Marriott’s Timberlodge, Marriott’s Newport Coast, Hilton’s Casa Ybel, Hilton Hawaiian Village – Lagoon Tower, Hilton Grand Vacations Club at Sea World and Plantation Club at South Seas Resort.
Only One Independent Resort in the Top 25
The only timeshare resort on Sharket’s Top 25 that is not affiliated with a major brand is St. James Place resort located in Beaver Creek, Colorado with a ranking of 21.
Resale Volume is Up Compared to the 2015 Ranking
The Top 25 resorts comprise a total of 5,656 average annual resale transactions and $75 million in average annual resale volume compared to 4,762 resales and $58 million in volume in the 2015 rankings.
“The Top 25 represent 21 percent of all timeshare resales based on transactions and a whopping 55 percent of the total dollar amount of a resale transactions tracked by Sharket. Comparable figures based on 2015’s list are 16 percent and 49 percent, respectively,” Schmidt adds.
Among the Top 25, biggest price gains in median price occurred at these resorts:
The Westin Ka‘anapali Ocean Resort Villas +$3,300
Marriott’s Maui Ocean Club +$3,055
The Villas at Disney’s Grand Californian Hotel & Spa +$2,680
Some resorts show a decline in median price compared to last year’s ranking.
St. James Place -$6,000
The Villas at Disney’s Grand Floridian Resort & Spa -$4,300
Aulani, a Disney Resort & Spa -$2,900
Grand Waikikian By Hilton Grand Vacations Club -$2,900
Animal Kingdom has the highest increase in resale transactions among the Top 25 with an increase of 250 resales compared to 2015 rankings and almost $4 million in year over year resale volume, according to Sharket’s data which is calculated on an annualized basis.
Other gainers in total resale volume include Disney’s Saratoga Springs, Bay Lake Towers, Grand Floridian and Boardwalk Villas, all of which saw gains of $1 million or more in resale dollar volume, according to the figures compiled by Sharket.
The complete Sharket Top 25 Timeshare Resales list is available below.
Based on actual timeshare resales transactions and median price on an annualized basis during the reporting period of January 2014 – December 2015.
About Sharket Research
Sharket has created an extensive database providing timeshare resale transaction data for more than 1,400 resorts. This information provides timeshare owners with the comprehensive timeshare resale data they need to make an informed decision about how to price their timeshare unit or whether to buy at a resort they’re considering.
As part of this free research service, Sharket measures, scores and ranks the world’s timeshare resorts based on resale volume and typical pricing at each resort. This “Saleability Score™” is calculated as the sum of a Median Price Score and a Sales Count Score at each resort, with a score of 1 being the lowest (worst) and 10 being the highest (best).
Sharket’s methodology is extensively documented on the Sharket website.
Sharket.com is a free resource with the world’s most comprehensive database of actual timeshare resales data. To help consumers understand how much their timeshare is worth, similar to Zillow for residential real estate or Kelly Blue Book for autos, Sharket offers a gold mine of data that shows recent sales transactions and the typical price a seller could expect based on the average of recent sales. In addition, the website displays a color-coded Saleability Score and Resort Rank as an aid to consumers in comparing resorts. Sales data is compiled primarily from county land records.
Sharket is providing public access to market value data in order to fuel efficient, reliable transactions. Sharket believes that educated consumers make the best timeshare owners. This information will benefit the entire industry in the long run, with the ultimate goal of drying up the fertile ground fraudsters and scam artists have been enjoying at the industry’s expense. “That’s why we decided to open up our database and make it available to everyone,” says Schmidt.
For more information, visit www.sharket.com.
PRESS RELEASE SOURCE: Sharket.com