Vacation Ownership (Timeshare) Market 2022-2028 : Growth, Size, Shares, Revenue, Competition Scenario, Top Manufacturers, Geographical Segmentation, Types, Applications

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Absolute Reports Pvt Ltd
Absolute Reports Pvt Ltd

Leading Manufacturers - Wyndham, Marriott Vacations Worldwide, Hilton Grand Vacations, Hyatt, Diamond Resorts

Pune, June 09, 2022 (GLOBE NEWSWIRE) -- “Vacation Ownership (Timeshare) market” research report is an expert’s analysis which mainly includes companies, types, applications, regions, countries, etc. Also the reports give analysis on sales, revenue, trade, competition, investment, forecast. Vacation Ownership (Timeshare) market research covers COVID-19 impacts on the upstream, midstream and downstream industries. Also, this study offers a detailed market estimates by emphasizing statistics on several aspects covers market dynamics like drivers, barriers, opportunities, threats, and industry news & trends.

A timeshare is a type of vacation ownership in which multiple individuals share rights to use the property, each with his or her own allotted time frame (in its most common form, this is a fixed week each year). The vacation ownership industry (also known as the timeshare industry) enables customers to share ownership and use of fully-furnished vacation accommodations. Typically, a purchaser acquires an interest (known as a “vacation ownership interest”) that is either a real estate ownership interest (known as a “timeshare estate”) or contractual right-to-use interest (known as a “timeshare license”) in a single resort or a collection of resort properties.

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The global Vacation Ownership (Timeshare) market size is projected to reach USD 29190 million by 2028, from USD 17720 million in 2021, at a CAGR of 7.3% during 2022-2028.

Market split by Type, can be divided into: -

  • Timeshares

  • Vacation/Travel Clubs

  • Fractionals

  • Others

Market split by Application, can be divided into: -

  • Private

  • Group

In terms of product, Timeshares is the largest segment, with a share over 55%. And in terms of application, the largest application is Private, followed by Group.

Market segment by Region/Country including: -

  • North America (United States, Canada and Mexico)

  • Europe (Germany, UK, France, Italy, Russia and Spain etc.)

  • Asia-Pacific (China, Japan, Korea, India, Australia and Southeast Asia etc.)

  • South America (Brazil, Argentina and Colombia etc.)

  • Middle East & Africa (South Africa, UAE and Saudi Arabia etc.)

North America is the largest market, with a share about 77%, followed by Europe and Asia-Pacific, both have a share about 20 percent.

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