A growth of about 14.3% in sales, timeshare resorts recorded according to the annual study conducted by the IDA of PricewaterhouseCoopers. In the annual study made by the firm about the financial activity of the timeshare industry, released through the international foundation of ARDA (AIF) the ongoing financial operation was described as robust, due to the billions of dollars moved within the industry.
The study, which focused its analysis on a subset of the industry comprising 40 companies and 298 active timeshare resorts in sales, showed that there were still dominant financial ratios among which online sales and marketing costs are located.
"This research demonstrates that the industry continues to perform financially satisfactorily. There is increased consumer demand for their vacation," said Howard Nusbaum, president of ARDA.
The results of the study also reflected the importance of the financing processes provided to consumers. The companies reported funding of about 76.1% of the value of the dollar in timeshare sales during 2006, while the rest of the sales occurred in cash within a period calculated at 90 days.
Sales in the timeshare market rose 16 percent in 2006 to $10 billion, according to a September study by AIF. According to that, 596 timeshare resorts out of nearly 1615 were operating in the United States as of January 1, 2007.
Likewise, the PricewaterhouseCoopers study reinforced the results of an analysis made earlier by the IDA about the industry in general, which points to various aspects of the holiday, including the increase in visitors and occupancy rates.
Finally, each year this consulting firm examines the evolution of timeshare resorts and the development of companies within the industry, as well as trends, sales, costs, financing and other financial indicators.
