Timeshare Industry Growth and How You Can Benefit

After a tough couple of years, the timeshare industry is making an impressive comeback. While the travel complications of COVID-19 were troubling to the industry, recovery has been possible. 2021 has proved to be a lucrative year for the industry and shows that things are slowly but surely returning to normal.

A study completed by the ARDA International Foundation shows that while sales of timeshares in 2020 were $4.9 billion, they rose in 2021 to $8.1 billion.

Timeshare sales weren’t the only thing that went up; the ARDA study states that average occupancy went from 49.2% to 73.1%. These numbers show that the outlook of the timeshare industry is positive and that it is greatly benefiting from the world opening up.

Travel Made Better with Timeshares

With everyone returning to their regular travel routines, timeshares have become an even more attractive alternative to a vacation home. After years of missed travel opportunities, people are eager to take advantage of as many vacations as possible. Timeshares make this both affordable and achievable.

Timeshares allow you to own an assigned block of time at a specific resort or within a vacation club. Previously, the structure of timeshare ownership was limited to one fixed or floating week at a specific property. Now, the timeshare industry has evolved to become more flexible for today’s traveler, offering points-based ownership and plenty of opportunities for internal and external exchange.

With a timeshare, you can travel annually without worrying about securing your accommodations. You also are not locked into one location and can easily travel to thousands of destinations in top-rated resort properties worldwide.

Not to mention, ARDA’s study showed that 85% of travelers rate their timeshare experience as excellcent, very good, or good. A timeshare unit, on average, is 1,030 square feet, which is larger than the average person’s apartment. Ideal for families, 61% of timeshares have two bedrooms for added space and privacy.

Timeshares not only provide more features and a more luxurious vacation experience but they are also proven to cost tens of thousands of dollars less than hotels or vacation rentals over a lifetime of travel—especially if you choose to buy a timeshare on the secondary market rather than straight from the developer.

Buy or Rent Timeshares for Less

Not only can you buy a timeshare for a lifetime of great vacations, but you can also rent a timeshare for a one-time vacation solution or to try before you buy.

Timeshare rentals offer all the perks of timeshare ownership without the commitment. Experience the large and well-equipped accommodations and many resort amenities to see what the vacation ownership lifestyle has to offer you and your family. Owners will rent out their timeshares if they are unable to travel, oftentimes to cover their annual maintenance fees. This allows you to save thousands on high-end travel accommodations.

With demand for timeshares growing, it’s important you get the best deal possible. Our extensive inventory of timeshares for sale and timeshares for rent is where you will find the best prices—up to 70% off retail rates.