ReportsWeb- Vacation Ownership Global Market 2016 by Region

Vacation Ownership Global Market 2016 by Region, Ownership,
Value, Analysis and Forecast to 2020
ReportsWeb.com published “Vacation Ownership Market” from its database. The report covers the
market landscape and its growth prospects over the coming years. The report also includes a discussion
of the key vendors operating in this market.
The vacation ownership industry, also referred to as the timeshare industry, enables consumers to share
ownership of a fully furnished vacation accommodation. Typically, the consumer purchases either a title
to a fraction of a unit or a right to use a property for a specific period of time. This is referred to as a
Vacation Ownership Interest or VOI. VOIs are generally sold through weekly intervals or points based
systems. Under the weekly intervals system, owners can use a specific unit at a specific resort often
during a specific week of the year. Under the points based system, owners often have advanced
reservation rights for a particular destination, but are free to redeem their points for various unit types
and/or locations.
This sector was once dominated by private developers selling one-week fee intervals, but now includes
publicly-traded hospitality companies actively developing a full range of offerings at different price
points in resort and urban destinations. An increase in the factors like occupancy rates, average daily
rate (ADR), and revenue per available room (RevPAR) have made significant contribution to the growth
of the industry.
For more information about this report: http://www.reportsweb.com/vacation-ownership-timeshare-
market-2016-2020
The key factors driving the growth of vacation ownership market are accelerating economic growth,
rising employed population in the US, growing urban population and rising high net worth individual &
wealth. Some of the noteworthy trends and developments of this industry are rapid growth in vacation
ownership, introduction of smartphone keys, introduction of new management services and increased
emphasis on health and well-being. However, the expansion of vacation ownership market is hindered
by increasing competition, technological issues and declining consumer confidence.
The report "Global Vacation Ownership Market" provides an in-depth analysis of the global market
along with markets of the US. The major trends, growth drivers as well as issues being faced by the
industry are being presented in this report. The industry comprises few large players such as Marriott
Vacation Worldwide, Wyndham Worldwide Corporation, Starwood Hotels & Resorts Worldwide Inc. and