With an island economy as unique as Hawaii, it’s no surprise tourism is a huge part of the reason the bills continue to get paid, but just how much of those tourism dollars do timeshares play a role in?
The American Resort Development Association (ARDA) recently commissioned Ernst & Young (EY) to conduct a study in order to determine just that. It has been found that the timeshare industry plays an important role in the island’s overall wealth.
The numbers break down as follows:
The study also looked at timeshare owners living in Hawaii, and found that, of the 25,683 Hawaiian residents who own timeshares, 16.1 percent own a timeshare in their state.
This may come as a surprise to some, but the numbers show a booming industry and a very bright future for timeshares in the aloha state!