Industry Background:
Vacation Ownership refers to the property with a divided form of ownership or uses rights. These properties are typically resorting condominium units, in which multiple parties hold rights to use the property, and each owner of the same accommodation is allotted their period of time.This growth is primarily driven by Rise in Adoption of Point Based Vacation
.
Attributes | Details |
---|
Study Period | 2017-2027 |
Base Year | 2021 |
Forecast Period | 2022-2027 |
Volume Unit | N |
Value Unit | USD (Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
The Specialized Consumer Services sector in the
region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Vendors, such as Hyatt Hotel Corporation (United States), Walt Disney Company (United States), Hilton Grand Vacations (United States), Wyndham Destinations (United States), BBX Capital Corporation (United States), Westgate Resorts (United States), Marriott Vacations Worldwide Corporation (United States), RCI (India), Diamond Resorts (United States) and Bluegreen Vacations (United States), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
American Land Development Association, ARDA has closed to 1000 members, ranging from privately held companies to major corporations, in the U.S. and overseas. ARDA's diverse membership includes companies with interests in vacation ownership resorts, community development, fractional ownership, camp resorts, land development, lot sales, second homes and resort communities.
Regulatory Insights:
According to the world wealth report, there were around 720,000 new high net worth individuals in 2015 and this number is projected to increase further at a significant rate.
Vacation Ownership Market Dynamics:
Attributes | Details |
---|
Growth Drivers | - Rise in Adoption of Point Based Vacation
- Increase in Disposable Income
- Rising Popularity of Tourist Places
|
Influencing Trends | - Increasing Trend of Business Travel
- Increasing Focus on Health and Wellness
|
Road Blocks / Challenges | - Seasonality, Cyclicality Risk and Other Risk Associated With Vacation Ownership
- Lack of Awareness About the Vacation Ownership
|
Gaps & Opportunities | - Potential Growth in Emerging Countries
|
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mainly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Vendors landscape impacting the market's growth. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Data Sources of Vacation Ownership Market Study
Primary Collection: InMail, LinkedIn Groups, Survey Monkey, Google, and Other professional Forums are some of the mediums utilized to gather primary data through key industry participants and appointees, subject-matter experts, C-level executives of Vacation Ownership Industry, among others including independent industry consultants, experts, to obtain and verify critical qualitative commentary and opinion and quantitative statistics, to assess future market prospects.
The primary interviews and data collected as per the below protocols:
By Designation: C-Level, D-Level, Others
By Company Type: Tier 1, Tier 2, Tier 3
Secondary Data Sources such as Annual reports, Press releases, Analyst meetings, Conference calls, Investor presentations, Management statements, and SEC filings of Vacation Ownership players along with Regulatory Sites, Association, World bank, etc were used as sources secondary set of data.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Vacation Ownership Study Sheds Light on
The Vacation Ownership Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Vacation Ownership industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Vacation Ownership industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.