A BOOMING INDUSTRY
According to statistics compiled by the American Resort Development Association in 2009:
– over 3 million households own timeshares in the US.
– over 6 million worldwide own a vacation interval at 5,400 resorts around the globe.
– 85% are satisfied with their fractional purchase
– 55% are “very satisfied”.
A WISE INVESTMENT
Unlike money spent on a hotel room or a resort trip, fractional is for keeps – its yours to use, lend, rent or even sell. you could even leave it as a legacy for your loved ones! The initial investment is paid off year after year of vacation enjoyment.
Many dream of owning vacation properties but cannot afford such a luxury. Fractional offers the next best thing- the flexibility of “banking” time in properties throughout the world rather than just one property.
Top 10 global destinations (according to American Resort Development Association):
1. United States
5. South Africa
KEY FACTS AND FIGURES
Fractional owners on average visit their resort area 60% more often after buying the fractional, average length of stay increases by 55% resulting in a 150 % increase in total number of nights spent in the area.
Fractional owners and their guests spend in excess of $5.4 billion annually in u.s. resort areas while enjoying their fractional vacations.
The average fractional visitor party in the us spends $1,205 during their stay: about $152 per day, or $39 per person per day.
Fractional dollars support local restaurants, retail stores, car rental companies, and tour providers. timesharing even brings revenue into area hotels and rental companies when fractional owners extend their stays.
According to research, more than half a million us fractional owners would like to buy more time in the resorts where they already own timeshares. and, over 650,000 want to buy more time in another resort area. in fact, existing fractional owners are 18 times more likely to buy a fractional than the average us household.
Tourism is one of the most important industries in Mexico drawing over 20 million tourists a year.
The most notable tourist attractions are the ancient meso-american ruins and the popular beach resorts. Mexico has a unique culture – a fusion of European, particularly Spanish, and Meso-American, making it a popular destination.
The vast majority of tourists to Mexico come from the United States and Canada and, to a lesser degree, from Europe, Latin America and Asia.
However, with the growing affluent middle class, Mexico has seen the emergence of new domestic tourism over the years.
Visiting Spain is not only about sun, great cuisine, and a warm welcome, but also its rich monumental and cultural heritage and dazzling natural environment.
There is a perfect destination for everyone – great cities, world heritage sites, coastal belt, national parks – one is spoilt for choice.
Spain, is also the leading european country in the fractional sector, and second wide after USA.
With 512 fractional resorts (29,511 apartments), Spain has 35% of the total timeshares in Europe.
More than 90% of the fractional resorts are in beach areas, while 5.6% are in the spanish countryside.
The remaining resorts are at ski resorts, lakes, and in urban areas. furthermore, the fractional sector in Spain employs close to 15,000 people directly, which is also the highest in Europe and serves close to 70,000 families.