The American Resort Development Association (ARDA), the national timeshare industry trade association, produces reports through its research arm, the ARDA International Foundation (AIF), delving into the various facets of the timeshare and vacation ownership industry. Whether it is direct economic impact, sales and marketing figures and trends or consumer research, ARDA publishes the information that gives the public insight into this sector of the tourism industry. Below you will find links to several pages that summarize the output of the industry and measure its impact on the economy.
There were 1,582 timeshare resorts in the United States in 2019, representing approximately 206,000 units for an average resort size of 130 units. Florida, California and South Carolina remain the three states that have the most resorts, representing 39% of all U.S. timeshare resorts. Sales volume in 2019 totaled $10.5 billion, increasing by 3% from 2018. There were about 457,000 timeshare intervals sold at an average price of $22,900. Approximately 9.6 million people own timeshare in the United States.
The average occupancy rate at timeshare resorts was just over 79%, much higher than the 66% rate for hotel occupancy. The most popular size of unit is the two-bedroom configuration, with 61 percent of owners choosing this size that averages 1,140 square feet. The next most popular is the one-bedroom at 23% followed by three-bedroom (9%) and Studio (7%).
In total, the U.S. timeshare industry generated $97 billion of economic output; 612,000 full-and part-time jobs; $37 billion in income; and nearly $13 billion in total taxes in 2019. Spending by timeshare owners and guests during timeshare stays was estimated at $8.3 billion in 2019. On average, each traveling party spent $3,563 per vacation. Based on an average travel party size of 3.45 people, the average total spending per person is $1,032.
For more information about the timeshare industry, you can contact ARDA directly by visiting their website www.arda.org.