MarketReportsOnline.com adds "Vacation Ownership (Timeshare) Industry Report: 2014 Edition" report to its research store.
One of the major factors fuelling the growth of vacation ownership industry includes the global travel and tourism industry going for a unique concept, which is, owning the place rather than renting it while going for a vacation. It has become a major trend among travelers across the globe. Now days, spending on luxury products and services, specially vacation ownership in itself has become a part of the travel purpose. The concept of owning a vacation place, apart from the basic objective of escaping the daily routine life and experiencing new places and cultures, is a way to prove the wealth and spending power of the travelers.
As per the report “Vacation Ownership (Timeshare) Industry: 2014 Edition” the US holds the prestige of retaining its position as the world’s largest timeshare market. The US timeshare industry is rapidly recovering from the strong impact of the economic slowdown, as a result of which demand has returned to the pre-crisis level and the occupancy rate is rising sharply, which is expected to increase the pricing power of the players in the industry. The vacation ownership industry is mainly driven by rising high net worth individuals. HNWIs are the ones who make a substantial contribution in the vacation ownership market, as they go for overseas travel for significant number of times, hence requiring hotels and resorts services thereby contributing in the growth of the respective market. In addition, improvement in global economy, increasing internet penetration throughout the world and increasing employed population are also fuelling the demand for timeshare properties.
However, the growth of vacation ownership market is hindered by a number of factors including low resale value and stringent government regulations. Some of the noteworthy trends and developments of this industry includes enhanced buyer’s protection, shifting profitability from hotel stays to timeshare buying, growing popularity for eco-friendly timeshare resorts and fast pace recovery of respective industry in the developed markets after recession.
The report presents an exhaustive study of the global vacation ownership market along with the detailed description of the US hotel and timeshare industry. It encompasses detailed description of a number of factors driving the industry coupled with recent trends and challenges hindering the growth of the industry.
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The report also includes in-depth analysis of fierce competition among the major players on a number of parameters. The company profile section of the report covers detailed description of the players operating in the aforementioned industry along with their key financials and strategies for growth. In addition, competitive landscape in the global market is discussed in detail among the major players. By deploying SPSS Inc.’s data integration and analysis capabilities, future growth prediction of the US timeshare industry, in terms of sales, has also been analyzed in the report.
Major points from Table of Contents are listed below:
List of Charts
Hospitality Industry Structure
Timeshare Industry Relationship between Consumer, Developer and Exchange Network
Distribution of Use Plans
Global Timeshare Ownership Penetration
Reason of Buying Vacation Ownership
Number of Timeshare Weeks or Equivalents Owner (2013)
The US Hotel Industry Revenue and Annual Growth (20062013)
The US Hotel Industry Revpar (20062013)
The US Hotel Industry Occupancy Rate (20062013)
US Hotel Average Daily Rates and Annual Growth (20062013)
The US Timeshare Industry Sales (20062013)
Average Resort Size in the US (20062013)
Maintenance Fee Charged per Interval in the US (20052013E)
Average Sales Price per Interval in the US (20052013)
Resort Distribution in the US by Region (2012)Other Related Reports on Travel & Hospitality Market:
China Tourism Report Q4 2014 @ http://www.marketreportsonline.com/353564.html.
Brazil Tourism Report Q4 2014 @ http://www.marketreportsonline.com/351607.html.
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