MarketResearchNest.com
adds “Global Vacation Ownership
(Timeshare) Market 2019 by Company, Regions, Type and Application, Forecast to
2024”new report to its research database.
A timeshare is a type of vacation ownership in which
multiple individuals share rights to use the property, each with his or her own
allotted time frame (in its most common form, this is a fixed week each year).
The vacation ownership industry (also known as the timeshare
industry) enables customers to share ownership and use of fully-furnished
vacation accommodations. Typically, a purchaser acquires an interest (known as
a "vacation ownership interest") that is either a real estate
ownership interest (known as a "timeshare estate") or contractual
right-to-use interest (known as a "timeshare license") in a single
resort or a collection of resort properties.
Scope of the Report:
As for the global Vacation Ownership industry, the industry
structure is relatively concentrated in USA. The top three manufacturers have
44.57% revenue market share in 2017. Wyndham, which has 17.40% market share in
2017, is the leader in the Vacation Ownership industry. The manufacturers
following Wyndham are Marriott Vacations Worldwide and Hilton Grand Vacations,
which respectively has 14.48% and 12.69% market share globally.
The competition among hotel and resort timeshare operators
for sales of VOIs based principally on location, quality of accommodations,
price, service levels and amenities, financing terms, quality of service, terms
of property use, reservation systems and flexibility for VOI owners to exchange
into time at other timeshare properties or other travel rewards. So, the main
players compete based on brand name recognition and reputation international.
Plus, consumer demand for products and services provided by the timeshare
industry is closely linked to the performance of the general economy and is
sensitive to business and personal discretionary spending levels.
The global Vacation Ownership (Timeshare) market is valued
at 13500 million USD in 2018 and is expected to reach 21700 million USD by the
end of 2024, growing at a CAGR of 8.3% between 2019 and 2024.
The Asia-Pacific will occupy for more market share in
following years, especially in China, also fast growing India and Southeast
Asia regions.
North America, especially The United States, will still play
an important role which cannot be ignored. Any changes from United States might
affect the development trend of Vacation Ownership (Timeshare).
Europe also play important roles in global market, with
market size of xx million USD in 2019 and will be xx million USD in 2024, with
a CAGR of xx%.
This report studies the Vacation Ownership (Timeshare)
market status and outlook of Global and major regions, from angles of players,
countries, product types and end industries; this report analyzes the top
players in global market, and splits the Vacation Ownership (Timeshare) market
by product type and applications/end industries.
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Research Report @
Market Segment by
Manufacturers, this report covers
·
Wyndham
·
Marriott Vacations Worldwide
·
Hilton Grand Vacations
·
Hyatt
·
Diamond Resorts
·
Bluegreen Vacations
·
Disney Vacation Club
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with in-depth TOC @
Market Segment by
Type, covers
·
Timeshares
·
Vacation/Travel Clubs
·
Fractionals
·
Others
Market Segment by
Applications, can be divided into
·
Private
·
Group
Market Segment by
Regions, regional analysis covers
·
North
America (United States, Canada and Mexico)
·
Europe (Germany,
France, UK, Russia and Italy)
·
Asia-Pacific
(China, Japan, Korea, India and Southeast Asia)
·
South
America (Brazil, Argentina, Colombia etc.)
·
Middle
East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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