Categories: NewsResorts

In the coronavirus era, resort timeshares hold key advantages

There are over 270,000 timeshare units in Florida, representing $10.5 billion in sales, and many of the largest purveyors, such as Disney, Marriott, Hilton, Wyndham, Holiday Inn Club, Bluegreen, Westgate and Berkley Group are based in the state. An industry with that big of a footprint brings in a significant amount of tax revenue for the state and local areas, including property taxes for services they don’t use. With tourists increasingly preferring drive-to destinations due to the coronavirus pandemic, it’s likely timeshare owners would be in the first wave of visitors flocking back to Florida.

Read original here – https://floridapolitics.com/archives/341394-timeshares-can-revive-tourism-without-reviving-the-pandemic

ResortTrades

Recent Posts

Sports Illustrated Resorts Announces New Resort Destination Near LSU In Baton Rouge

Travel + Leisure Co. (NYSE:TNL), a leading leisure travel company, today announced plans for a…

3 days ago

Expanding Bandwidth: How AI and flexible expertise are giving resort teams more time for the work only they can do

Somewhere in your organization right now, someone who should be solving a real problem is…

5 days ago

Leave Policies: Avoid Costly Legal Errors

Abstract: Company leave policies must comply with a growing patchwork of overlapping federal, state and…

6 days ago

A Transformational Year for Westgate Resorts: Growth, Momentum, and a New Operational Era

The past twelve months have marked one of the most consequential periods in the history…

2 weeks ago

Meatballs, Mindset, and the Choice to Move Forward

When you hear the title Meatballs & Mindset, you might expect a cookbook, a family…

2 weeks ago

Sena Hospitality Design is Finalist for Four Awards from the American Resort Development Association

Sena Hospitality Design Inc., an Orlando-based licensed interior design firm specializing in resorts, has been…

2 weeks ago