Timeshare Industry Fuels U.S. Economy
By Darla Zanini
Executive VP, ARDA International Foundation (AIF)
August 6, 2014
Timeshare,
once again, has made a significant impact on the U.S. economy – representing:
- $68.7
billion in consumer and business spending
- 473,000
full- and part-time jobs
- $23.6 billion
in salaries and wages
- $8.5 billion
in tax revenue
Spending by
timeshare owners and guests during timeshare stays was estimated at $10 billion
in 2013. About $2.1 billion was spent
on-site at resorts, while $7.9 billion was spent off-site in the communities
where the timeshare resorts are located.
This data is
based on the AIF 2013 Economic Impact study conducted for us by Ernst &
Young. For more details, check out our infographic and for a full copy of the Economic Impact Study, please contact me at
darla.zanini@arda.org.