DUBLIN, Ireland (October 5, 2016) — Research and Markets has announced the addition of the “Vacation Ownership (Timeshare) Market: Industry Analysis & Outlook (2016-2020)” report to their offering.
The report “Global Vacation Ownership Market” provides an in-depth analysis of the global market along with markets of the US. The major trends, growth drivers as well as issues being faced by the industry are being presented in this report. The industry comprises few large players such as Marriott Vacation Worldwide, Wyndham Worldwide Corporation, Starwood Hotels & Resorts Worldwide Inc. and Diamond Resorts International. All these companies have been profiled in the present report highlighting their key financials and business strategies for growth.
This sector was once dominated by private developers selling one-week fee intervals, but now includes publicly-traded hospitality companies actively developing a full range of offerings at different price points in resort and urban destinations. An increase in the factors like occupancy rates, average daily rate (ADR), and revenue per available room (RevPAR) have made significant contribution to the growth of the industry.
The key factors driving the growth of vacation ownership market are accelerating economic growth, rising employed population in the US, growing urban population and rising high net worth individual & wealth. Some of the noteworthy trends and developments of this industry are rapid growth in vacation ownership, introduction of smartphone keys, introduction of new management services and increased emphasis on health and well-being. However, the expansion of vacation ownership market is hindered by increasing competition, technological issues and declining consumer confidence.
Accelerating Economic Growth
Rising Employed Population in the US
Growing Urban Population
Rising High Net worth Individuals and Wealth
- Rapid Growth in Vacation Ownership
- Introduction of Smartphone Keys
- Introduction of New Management Services
- Increased Emphasis on Health and Well-Being
- Increasing Competition
- Technological Issues
- Declining Consumer Confidence
Key Topics Covered:
2. Global Market Analysis
3. The US Market Analysis
4. Market Dynamics
5. Competitive Landscape
6. Company Profiles
– Diamond Resorts International
– Marriott Vacations Worldwide
– Starwood Hotels & Resorts Worldwide Inc.
– Wyndham Worldwide Corporation
For more information about this report visit http://www.researchandmarkets.com/research/w2j66c/vacation
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Related Topics: Hotels and Travel Accommodation