The timeshare Industry has realized nine straight years of growth. According to a study by the American Resort Development Association International Foundation, there has been sustained growth in the timeshare industry for the last nine years with a 7% growth rate alone from 2017 to 2018. It is now a $10.2 billion industry up from $9.6 billion in 2017. Overall sales volume has actually grown by more than 26% since 2014 with an average of 6% annually. The study also states that approximately 7.1% of U.S. households (over 9.6 million) own one or more timeshare ownership products, including timeshare weeks, points, fractional and/or private residence club ownership. Timeshare ownership generally increases with household income peaking among owners with a $100k salary or more. Approximately 11% of those earning over $100,000 annually have some kind of timeshare ownership. There were 1,580 timeshare resorts in the United States in 2018, representing approximately 204,100 units. About 68% of timeshare units are two bedrooms or more and the average unit size is over 1,000 square feet. Annual maintenance fees averaged $1,000 in 2018, an increase of two percent over 2017.
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