Timeshares are basically a real estate product wrapped in a financial product wrapped in a vacation. And Travel + Leisure Co. CEO believes the model has several distinctive advantages over other travel businesses.
In recent years, both the timeshare experience and the demographics of timeshare ownership have evolved considerably. At Skift Global Forum, ARDA CEO Jason Gamel explored how the vacation ownership industry is innovating, modernizing, and expanding its offerings to satisfy the expectations of today’s travelers.
ARDA's latest research reveals the evolving trends and significant economic contributions shaping the future of the vacation ownership industry, making a case for timeshare as a compelling alternative to traditional vacation models.
Hilton Grand Vacations is also eyeing a sales boost by inheriting Bluegreen's marketing deal with Bass Pro's 200 stores after the timeshare giant fully digests its latest acquisition.
Marriott Vacations exceeded first quarter 2024 expectations, with steady EBITDA performance and a large share buyback, despite underwhelming results in its core Vacation Ownership segment.
The timeshare company wants to put the Maui wildfires in the rearview mirror. Sluggish demand and a tight labor market in the area impacted by the fires have slowed its post-pandemic momentum.