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Asia’s Emerging Market

(International, Developments Magazine, Guest Blogger) Permanent link

Asia’s Emerging Market 

By Annemarie Valli, Wyndham Exchange & Rentals
ARDA Guest Blogger
April 22, 2014 

Asia's Emerging Market 

Timing is everything—and being the first to deliver new and exclusive vacation experiences to consumers is invaluable. Today, Asia represents one of the world’s largest growth markets for tourism and leisure. 

Given the sheer size and demographic of the region, its timeshare market is primed to experience incredible growth levels over the next 10 years. Several factors—including a growing and prosperous middle class, shifting consumer preferences and attitudes toward vacationing, and the elimination of currency controls—are all contributing to this region’s fantastic future development.

Forecasts designate China, India, Indonesia, Vietnam, Thailand, and Malaysia to host 64 percent of the global middle class, and account for 40 percent of global middle class consumption by 2030—a huge opportunity!

Asia’s estimated average household income boom, combined with a steady increase in its consumer confidence and spending intentions, are all important growth catalysts for the region. Developers who can capitalize on Asia’s favorable economy and lucrative location are best positioned to secure the land and buying dollars of timeshare travelers seeking memorable vacation experiences.

Read much more on the specific market conditions and opportunities in March’s Developments magazine article on this topic.