State of the timeshare industry in Aruba — A call for research

Abstract

is the Dean of the Faculty of Hospitality & Tourism Management Studies at the University of Aruba. As Dean Dr Peterson recognises the unique and strategic contribution of the hospitality and tourism industry to the overall development of Aruba and the region. Therefore, a primary goal of this programme is to develop strategic and dynamic competencies in hospitality and tourism management and, in addition, to strive for excellence in the Aruban hospitality and tourism industry. AbstractThis case study is based on secondary data gathered concerning the state of the timeshare industry in Aruba. The major fi ndings of this study indicate that there is a strong and growing consumer interest in timeshare ownership as a viable recreational alternative. This interest suggests that considerable empirical research is needed to understand the factors associated with sustaining the fi nancial and economic impacts of the timeshare industry upon Aruba ' s economy.

An analytical inquiry on timeshare research: A continuously growing segment in the hospitality industry

“…Researchers have quoted innumerous sources during their quest for the correct timeshare definition, such as Florida Civil Code (Ragas, 1986); the Oxford Dictionary (Sharma and Chowdhary, 2012); the Municipal Property Assessment Corporation (Savage, 2008), the Timeshare consumer's association (Sharma and Chowdhary, 2012), the Organization for Timeshare in Europe (Cortés-Jiménez et al, 2012;Stavrinoudis, 2006), as well as different books on timeshare (Hahm et al, 2007;Huang et al, 2011). In addition, some authors have pointed out that the term timesharing was borrowed "from the computer industry" .…”

“…For example, depending on the authors or the country or on what they are trying to explain, timeshare can be written in diverse ways: "time-share" Gibson, 1983, 1984;Peirce and Mann, 1983;Tharmalingam, 1986), "timesharing" Pollack, 1982;Rohan and Furlong, 1984), "time-sharing" (Crosson and Dannis, 1977;, and "time sharing" Rajagopal, 2008). Other scholars mentioned other expressions such as fractional ownership (Ricci and Kaufman, 2007), vacation intervals (Hahm et al, 2007), interval ownership (Rohan and Furlong, 1984), multiple ownership property (Butler, 1985). Further, Pandy and Rogerson (2014) affirmed that the term shared vacation ownership is often used "to describe collectively the time-sharing products of timeshare, fractional ownership, and private residence clubs."…”

“…Nonetheless, in recent literature the timeshare/vacation ownership industry is consistently positioned within the hospitality industry (Hahm et al, 2007;Hu et al, 2004;Stringam, 2008Stringam et al, 2015). took the first step in this positioning by indicating that timeshare lies between a simple night in a hotel and a second home.…”

A comparison of vacation ownership amenities with hotel and resort hotel amenities

“…Other studies in vacation ownership have examined the role of the board of directors in resort management ( Singh and Horwitz, 2006 ), the evolution of the interval product from fi xed weeks to fl oating points ( Upchurch, 2002 ) and employee training ( Hicks and Walker, 2006 ). Researchers have studied various geographic markets for the vacation ownership industry ( Lawton et al ., 1998 ;Liu et al ., 2001 ;Ladki et al ., 2002 ;Hahm et al ., 2007 ).…”

Management Contracts and Home Owners Association Controlled Timeshare Resorts: Is There a Difference in Performance Metrics?

“…Timeshare is a segment of the lodging business that has seen exponential growth throughout the last three decades [4,5]. Timeshare is defined as "to purchase a specific time period in which a purchaser can use a unit within the timeshare resorts at a geographical location of choice" [6]. Timeshare resorts differ from traditional resorts in that the "guest" is actually an owner, purchasing a real estate deed or other trust that provides them use of the resort for an interval of time, generally one week.…”