During the first five months of 2017, timeshare resale closings jumped 46% according to a market trends report by RedWeek.com.
Timeshare Resale
In addition to seeing a huge spike in resale closings, RedWeek’s mid-year report includes the following highlights:
- 90 percent of all resales involved timeshare weeks (compared to points).
- Resales of timeshare weeks rose 47 percent while points resales increased 35 percent during the first half of 2017 (compared to the same period of 2016). Postings overall increased 5 percent year-over-year.
- Among major brand names, Marriott Vacation Club continues to dominate the resale market, owning seven of the top 20 resale resorts. The most popular Marriott resorts, measured by resale closings, are Newport Coast Villas, Aruba Ocean Club, and Aruba Surf Club, and you can find great deals on these at Paradise Timeshare Resale.
- The Vistana Signature Experience club (formerly Starwood) ranked #2 overall in timeshare closings. The Westin Kaanapali, Westin Lagunamar, Westin Kierland, and have had the most resale closings during the first half of 2017, and we carry many of these top Westin timeshare resales as well!
- In terms of most-favored locations, California, Florida, and Mexico, tied for the top ranking with 15 percent each, of all resale closings. Resorts in Hawaii and Aruba represented 10 percent each.
This mid-year report documents a very positive uptrend in resale activity nationwide. It also drives home that the majority of resale closings involve brand name, high-value resorts at some of the most popular vacation destinations in the world.
Paradise Timeshare Resale
You are in luck, we have timeshare resale listings at many of these top resorts!
Paradise Timeshare Resale is an Authorized Broker for the Marriott Grand Residence Club and the Marriott Vacation Club.
Call us today at 800-996-2001, email us or stop by our offices adjacent to the Marriott Grand Residence and Marriott Timber Lodge in Lake Tahoe.
