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Articles tagged “timeshares”

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Hotels

Q&A: Timeshare 2.0 – Redefining Shared Vacation Ownership for a New Generation

Flexibility and unique experiences are driving renewed interest in timeshares, particularly among millennial and Gen X owners. So, what’s the appeal? It’s about being a member of a vacation club with exclusive perks rather than an owner of a specific property for the same week year after year.

Q&A: Timeshare 2.0 – Redefining Shared Vacation Ownership for a New Generation

Hotels

Hilton Grand Vacations Sees Inflation Boosting Timeshare Sales

They've got a pitch for you. What's more, you won't enter any commitments by reading this personal preview of their strategy.

Hilton Grand Vacations Sees Inflation Boosting Timeshare Sales

Hotels

Marriott Vacations Worldwide Sees Surge in Resort Condo Usage

Marriott Vacations execs argue that vacation ownership will prove popular during inflationary times because the timeshare model lets you essentially lock in prices for future trips. The company's about to find out if that's true.

Marriott Vacations Worldwide Sees Surge in Resort Condo Usage

News Blog

Timeshare Lobby Report Shows Strong Growth for U.S. Vacation Ownership Among Under 45 Set

Owner satisfaction surveys and demographic trends are favorable for timeshares in the U.S., according to a new report Wednesday from the industry lobby, the American Resort Development Association (ARDA), via its foundation. The pandemic boosted the popularity of timeshare. A survey found that 84 percent of owners would purchase a timeshare product again, a significant…

News Blog

Timeshare Giants Report Strong Quarter

Vacation ownership is having a boom time this year as the travel sector broadly recovers from the pandemic. Hilton Grand Vacations said Tuesday that its contract sales in the second quarter were $617 million, or 5 percent above 2019 contract sales. It produced a net income (a measure of profit) of $73 million on $948…

Hotels

Marriott Vacations to Get New CEO as Timeshare Sector Faces Higher Hurdles

You may not personally want to buy a timeshare. But the sales pitch for the timeshare business can still reveal valuable intel about broader trends, such as cross-marketing tactics and the rise of subscription clubs.

Marriott Vacations to Get New CEO as Timeshare Sector Faces Higher Hurdles

News Blog

Marriott Vacations Worldwide Announces New CEO

Marriott Vacations Worldwide said on Thursday that CEO Stephen Weisz will retire at year-end and that current president, John E. Geller, Jr., will assume the role of president and CEO on January 1, 2023. Weisz served in the role of CEO since the company spun out in 2011. He notably led the 2018 acquisition of…

Hotels

Travel + Leisure CEO: We Can Make $12.5 Billion Off Existing Timeshare Owners

Publicly traded hospitality companies need to show shareholders signs of growth and expansion. Travel + Leisure Co.'s message of multibillion-dollar sales growth from existing clients isn't as far-fetched as the price tag may sound.

Travel + Leisure CEO: We Can Make $12.5 Billion Off Existing Timeshare Owners

Hotels

Why Wyndham Is Sticking With HomeAway to Move Vacation Rentals

For all its success, Airbnb still has work to do when it comes to attracting timeshare distributors to its network.

Why Wyndham Is Sticking With HomeAway to Move Vacation Rentals

Hotels

Marriott Acquires Starwood: The Fine Print

The devil is always in the details, but in this case (so far) the devil doesn't have any tricks up his sleeves.

Marriott Acquires Starwood: The Fine Print