Timeshares are a $62 bln industry

The US timeshare industry contributed an estimated $62 billion in consumer and business spending to the national economy in 2005, according to PricewaterhouseCoopers for the ARDA International Foundation (AIF). Combined direct, indirect, and fiscal impacts in 2005 by the U.S. timeshare industry totaled an estimated $92 billion, including $62 billion in consumer and business spending, 565,300 full- and part-time jobs, $21.5 billion in salaries and wages, and $8.5 billion in tax revenue. There are over 1,600 timeshare resorts in the US, attracting 4.1 million households to vacation ownership.