Financial Performance 2016: A Survey of Timeshare & Vacation Ownership Companies

Published and sponsored by the ARDA International Foundation 2016.
Conducted by Deloitte & Touche, LLP. Covers 2015 calendar year data.
Full Report: Member $300; Non-member $400.
Executive Summary: Member $25, Non-member $50.

Table of Contents

Forward 

Survey Method
Purpose
Consistency with Current Financial Accounting Standards 
Survey Design and Administration
Respondents
Product Offering 
Interpretation of Results
Core Company Set

Summary of Results

Sales Activity
Net Originated Timeshare Sales
Fee-for-service Arrangements
Quarterly Timeshare Sales
Number of Sales Locations
Company Size
Timeshare Sales Measured in Weeks
Inventory Levels
Average Yield of Timeshare Week
Sales Tour Metrics

Revenue Recognition
Rescissions

Key Ratios
Estimated Uncollectible Sales
Product Costs
Sales and Marketing Costs
General and Administrative Costs
Home Owners Association Subsidies/
Maintenance Fees
Pre-tax Margin on Timeshare Sales Operations
Sales to Existing Owners

Hypothecation and Receivables

Portfolio Sales and Securitizations

Consumer Financing/Receivables Portfolio PerformanceConsumer Financing
Receivables Portfolio Performance
General and Administrative Costs of Financing Operations
FICO Scores
Static Pool Default Rate 


Appendix
Survey
Survey Glossary