GNEX 2013-Why Timeshares are Valuable for our Economy

Why Timeshares are Valuable for our Economy

Roger is attending the GNEX Timeshare Conference in Beverly Hills this week.  The opening talk was by Howard Nusbaum, President of ARDA, The American Resort Development Association.   Among other things, Howard pointed out that timeshare resorts lend great value to the communities where they are located.  They inject billions of dollars into the local economy and provide hundreds of thousands of jobs just in the United States alone.  The resorts provide less traffic and more discretionary spending than hotel guests.

An example of revitalizing a local economy occurred during the recession, which greatly affected hotel occupancy.  In 2009 Hawaii’s hotel occupancy was only at 50% but timeshare occupancy was at 91%.  A Hawaii official told the timeshare industry that timeshares literally saved the islands, by maintaining the islands #1 economic product.

Pictured with me at the GNEX Timeshare Conference are Lindsay Western, Ivan Serna, Vicki Reindl, and Martyn Ravenhill the President and CEO of Lloydshare Limited, Inc.

Roger Visits Rodeo Drive During the GNEX Timeshare Conference