The global timeshare industry is relatively concentrated to the USA, though there are timeshares located throughout the world and it is a growing market. The top three timeshare companies have 44.57% of the revenue market share. Wyndham, which has 17.40% market share and is the leader in the industry is followed by Marriott Vacations Worldwide and Hilton Grand Vacations, which respectively have 14.48% and 12.69% market share globally. The competition among hotel and resort timeshare operators for sales of timeshares is 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 timeshare 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. 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. In 2017, the timeshare market size was $13.5 billion in the USA and it is expected to reach $23.7 billion by the end of 2025. The key players are expected to be Wyndham, Marriott Vacations, Hilton Grand Vacations, Hyatt, Diamond Resorts, Bluegreen Vacations, and the Disney Vacation Club.
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