April 18, 2015

Timeshares: Vacationing in Florida

Amy Keller | 8/1/2007

The timeshare industry’s impact on the state’s economy increased 25.6% from 2002 to 2005, according to results of a study conducted by PricewaterhouseCoopers for the American Resort Development Association. Other results:

  • $14.3 billion — industry’s contribution to the state’s economy in 2005
  • 7.9 million — timeshare visitors in Florida
  • $2,062 — average spent per group per trip
  • 161,100 — full-time and part-time jobs supported
  • 16.2% — increase in jobs from 2002
  • $5.4 billion — wages created
  • 27.8% — increase in wages from 2002
  • $2.1 billion — tax revenue generated
  • 25.2% — increase in tax revenue from 2002
  • 378 — number of timeshare resorts in Florida, the highest nationwide
  • 47,400 — number of units in Florida (30.7% of U.S. total)
  • $3.7 billion — total timeshare visitor spending
  • 82.4% — average occupancy rate, compared with state’s hotel average of 69.1%

Tags: Dining & Travel, Around Florida

Digital Access

DIRECT DIGITAL ACCESS
Add digital to your current subscription, purchase a single ditgital issue, or start a new subscription to Florida Trend.

TABLE OF CONTENTS
An overview of the features and articles in this month's issue of Florida Trend.

ACCESS THIS ISSUE »

Florida Business News

Florida Trend Video Pick

'Blue Cathedral' wine glass music
'Blue Cathedral' wine glass music

Unusual instruments will grace the stage as The Florida Orchestra plays "Blue Cathedral" by Jennifer Higdon.

Earlier Videos | Viewpoints@FloridaTrend

Ballot Box

Weekend poll: You might be a Floridian if you...

  • Own several pairs of flip-flops
  • Can pronounce Okeechobee, Kissimmee , Withlacoochee , Thonotosassa and Micanopy
  • Think a hill is anything above flat
  • Bugs don't bother you (except love bugs when you're driving)
  • All of the above
  • Other (we know you have some - comments welcome!)

See Results

Ballot Box
Subscribe