Stay up-to-date on breaking legislative news, upcoming legislative events, and the latest industry headlines affecting timeshare owners, owners associations, managers, and the vacation ownership industry around the country.
Timeshare, once again, has made a significant impact on the U.S. economy, such as $79.5 billion in consumer and business
spending, 511,782 full- and part-time jobs, $28.1 billion in salaries and wages, and $10.2 billion in tax revenue.
The U.S. timeshare industry enjoyed steady growth in 2015, with sales volume increased by more than nine percent to $8.6 billion, and occupancy up by over two percent to nearly 80 percent.Read More
ARDA and ARDA-ROC applaud federal prosecutors for the final sentencing of a New Jersey woman convicted of participating in a $3 million timeshare mortgage fraud scheme. The sentencing – 6 years in prison – sends a strong signal that fraudulent schemes will not be tolerated and will be prosecuted to the fullest extent of the law.
Today, The Newspaper for Country St. Maarten released an article that discusses how crucial it is for the timeshare industry in St. Maarten to have established legislation. Howard Nusbaum, President and CEO of ARDA, said, "the comfort of knowing what the rules are is as important as what the rules are."
The March 2016 issue of Consumer Reports delves into whether timeshare vacations are a good value. They examine the costs of vacationing at the Disney World Polynesian Village Resort in Orlando, Florida from two perspectives renting and owning.
The February 2016 issue of Consumer Reports takes a closer look at how the Timeshare industry has evolved over the years, from its start to how younger families see it today.
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