Timeshare Occupancy Rates Surged in 2024
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A recent report from the American Resort Development Association revealed that timeshare occupancy rates surpassed those of traditional hotels in 2024, driven by high demand for domestic travel. The annual State of the Timeshare Industry Report showed timeshare occupancy reached 80%, an increase from 76.8% in 2023, while hotel occupancy remained steady at 63% for both years. The ARDA attributed this to nearly 80% of timeshare owners not carrying a loan balance, coupled with growing consumer interest in domestic travel, benefiting the approximately 1,500 U.S.timeshare resorts. They are expecting that strong occupancy to continue through 2025. They also expect new offerings such as Sports Illustrated Resorts by Travel + Leisure Co. and a renewed focus on brands like Hyatt Vacation Ownership, are expected to boost sales further.
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