Complete 2025 Vacation Ownership Market Analysis – For Market Entry and Expansion

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How does the forecasted CAGR of the vacation ownership industry compare to other sectors?
The vacation ownership market size has grown strongly in recent years. It will grow from $19.03 billion in 2024 to $20.75 billion in 2025 at a compound annual growth rate (CAGR) of 9.1%. The growth in the historic period can be attributed to increasing awareness of vacation ownership benefits, growth of millennial travelers, rising number of vacation ownership resorts, rising popularity of fractional ownership, increasing leisure time.

The vacation ownership market size is expected to see strong growth in the next few years. It will grow to $28.97 billion in 2029 at a compound annual growth rate (CAGR) of 8.7%. The growth in the forecast period can be attributed to increasing disposable income, growing middle-class population, rising travel and tourism industry, increasing demand for luxurious and comfortable vacation experiences, expanding urbanization. Major trends in the forecast period include advancements in technology, consumer shift to experiential travel, availability of financing options, collaboration between hospitality and real estate industries, development of new business models.

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What market trends are acting as primary growth drivers for the vacation ownership sector?
The increasing international tourism is expected to propel the growth of the vacation ownership market going forward. International tourism refers to travel undertaken by individuals to countries other than their own for leisure, business, or other purposes, and encompasses the entire experience from the planning and journey to the activities and services enjoyed while abroad. International tourism is rising due to increased global connectivity, higher disposable incomes, and growing interest in diverse cultural and travel experiences. Vacation ownership is required for international tourism as it offers travelers a cost-effective and flexible way to secure high-quality accommodations in desirable destinations, ensuring a consistent and enjoyable experience abroad. For instance, in May 2023, according to a report published by the United Nations World Tourism Organization, a Spain-based specialized agency, In the first quarter of 2023, international tourist arrivals surged to 80% of pre-pandemic levels, totaling around 235 million travelers. This marked a more than twofold increase compared to the same period in 2022. The tourism sector showed impressive resilience, with revised figures for 2022 indicating that over 960 million international tourists traveled abroad, representing a recovery of 66% of pre-pandemic levels. Therefore, the increasing international tourism is driving the growth of the vacation ownership market.

What are the fastest-growing segments in the vacation ownership market forecast period?
The vacation ownership market covered in this report is segmented –

1) By Type: Fixed Week, Floating Week, Points-Based System
2) By Tour Type: Domestic, International
3) By Booking Channel: Phone Booking, Online Booking, In-Person Booking
4) By Application: Private, Group

Subsegments:
1) By Fixed Week: Single Fixed Week, Multiple Fixed Weeks
2) By Floating Week: Single Floating Week, Multiple Floating Weeks
3) By Points-Based System: Vacation Points, Travel Club Points

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Which major trends are influencing the growth of the vacation ownership industry?
Major companies operating in the vacation ownership market are developing technologically advanced platforms, such as owner recognition platforms, to enhance customer experience and streamline management processes. An owner recognition platform is a system designed to identify and acknowledge individuals' ownership rights and status, often within contexts such as vacation ownership, real estate, or loyalty programs, to facilitate personalized services and benefits. For instance, in July 2024, Marriott International Inc., a US-based hospitality company, launched the ONVIA, residence owner recognition platform. The ONVIA platform is a fully integrated and comprehensive Residence Owner recognition system, designed to enhance experiences across various contexts, from stays at Marriott Bonvoy hotels and The Ritz-Carlton Yacht Collection to daily life within their residence. It not only builds on existing benefits for residence owners but also introduces a range of tailored offerings, providing a unique and elevated level of service.

Which major players hold significant market share in the vacation ownership sector?
Major companies operating in the vacation ownership market are Marriott International Inc., Accor Vacation Club, Hilton Grand Vacations Inc., InterContinental Hotels Group (IHG), Travel + Leisure Co., Wyndham Hotels & Resorts Inc., Grupo Vidanta, Westgate Resorts, Bluegreen Vacations LLC, The Ritz-Carlton, RCI (Resort Condominiums International), Vistana Signature Experiences Inc., Diamond Resorts International Inc., Holiday Inn Club Vacations Inc., Interval International, Inc., Central Florida Investments Inc., Grand Pacific Resorts Inc., Welk Resort Group, Shell Vacations LLC, HV Global Management Corp., Silverleaf Resorts Inc., Disney Vacation Club, Karma Resorts Pte Ltd., Four Seasons Residence Club, Sierra Corp.

Which regional segments are forecasted to witness the fastest growth in the vacation ownership market?
North America was the largest region in the vacation ownership market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the vacation ownership market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

How Can Companies Use The Vacation Ownership Market Report to Drive Business Results?
This report provides actionable insights tailored for business use—not academic analysis. Companies can leverage the data to:
• Time market entry or expansion using growth forecasts and CAGR trends.
• Develop competitive products by tracking key technology shifts and user preferences.
• Tailor regional strategies with in-depth geographic data and local market dynamics.
• Benchmark and plan partnerships using competitive landscape insights.

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