Market Size in 2024 | Market Forecast in 2034 | CAGR (in %) | Base Year |
---|---|---|---|
USD 12.7 Billion | USD 23.8 Billion | 6.5% | 2024 |
FrequentlyAsked Questions
A timeshare is a property with divided ownership or use rights, sometimes referred to as a vacation club or vacation ownership.
The vacation ownership (timeshare) market is driven by several factors such as rising disposable income & travel demand, preference for experiential travel, hospitality industry integration & brand expansion, rising popularity of fractional ownership, and others.
According to the report, the global market size was worth around USD 12.7 billion in 2024 and is predicted to grow to around USD 23.8 billion by 2034.
The global vacation ownership (timeshare) market is expected to grow at a CAGR of 6.5% during the forecast period.
The global market growth is expected to be driven by North America. It is currently the world’s highest revenue-generating market due to the growing tourism industry and rising disposable income.
The global vacation ownership (timeshare) market is dominated by players like InterContinental Hotels Group, Wyndham Destinations, The Boca Raton, Westgate Resorts, Inc., Hyatt Corporation, The Walt Disney Company, Bluegreen Vacations Unlimited, Inc., Vidanta, Hilton Grand Vacations Inc., and Marriott International, Inc., among others.
The market report covers the geographical market along with a comprehensive competitive landscape analysis. It also includes cash flow analysis, profit ratio analysis, market basket analysis, market attractiveness analysis, sentiment analysis, PESTLE analysis, trend analysis, SWOT analysis, trade area analysis, demand & supply analysis, Porter’s five forces analysis, and value chain analysis.
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