Friday, February 25, 2005

Who Owns Vacation Timeshare

Information from ARDA, the developer timeshare organization:

A total of 1,767,000 households own timeshares in the US. The number of timeshare intervals owned by consumers in the US is growing at a compound rate of 9% per year.

Over four million households worldwide now own a vacation interval, with owners residing in 190 countries.

As an aggregate profile, the typical vacation owner is an upper-middle-income, middle-aged, well-educated couple: 77% have incomes over $50,000; 69.2% are 45 years of age or older; and 64% have at least a bachelor’s degree. The median income of US timeshare owners is $77,000.

California leads the nation in number of owners by state, with 270,531 owners, representing 15.3% of owners nationwide. By region, the largest percentage of owners reside in the Northeast, which accounts for 38% of all owners.

Conclusion: The vacation timeshare buyer is by and large a sophisticated successful type of individual, a sharp contrast to what you will typically hear spoken by those who are not familiar with vacation timeshare and base their opinions on beliefs of their own imagination.

Timeshare is a great way to affordably share quality time with those you love, and that quality time is our most important product here at Timeshare Resales Worldwide!

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