United States Statistics:

1,590 resorts in the United States

• Most resorts are located in Florida, California and South Carolina
• 2002 timeshare sales volumes - $5.5 billion
• Average price for a week of timeshare use - $14,500
• Average maintenance fee - $385 per week of annual use
• 3.0 million consumers own timeshare
• 4.9 million weeks owned
• Average size of timeshare resort - 83 units

Worldwide Statistics:

5,425 resorts worldwide

• Resorts are located in 95 countries
• 2002 worldwide timeshare sales volumes - $9.4 billion
• Average price for a week of timeshare use - $10,600
• Average maintenance fee - $325   per week of annual use
• 6.7 million consumers own timeshare
• 10.7 million timeshare weeks owned
• Average size of timeshare resort - 60 units

Today's Owners*

• Median age - over 50 years
• 84% are married

• 95% own their own home

• Median household income - $85,000
• 46% attended college
• 30% hold a graduate degree or professional degree

Purchase Motivation: Why Consumers Buy Timeshare

• Flexibility (including location, unit size and time of year)
• Opportunity to exchange with other resorts
• Certainty of quality accommodations
• Credibility of the timeshare company

Satisfaction Rates

Among US timeshare owners:

• Nearly 85% indicate satisfaction with their purchase
• Own the equivalent of 1.8 timeshare weeks

Owner Use

• 58% exchanged or banked
• 26% use their time
• 4% give their week to a friend or family member
• 4% rent

Perception of Product

Among the US public who have never owned timeshare:

• 87% have heard of the concept
• 68% have a positive or a neutral opinion of the concept

*Source:

Ragatz Associates Resort Timesharing Worldwide and in the United States

2003 Edition Summary Report

Ragatz Associates Resort Timesharing in the United States

2003 Edition Summary Report 8/03