Another indicator that timeshares is catching on at a global scale is the recent success Australian timeshares.

According to the Resort Condominiums International timeshare (Resort Condominiums International) approximately 164,000 inbound international passengers inquired about unit availabilities for Australian timeshare exchange.

“While tourism overall has seen a decline in these recent economic times, timeshare occupancy rates remain strong, with almost 95 percent occupancy at Gold Coast (Australia) timeshare resorts,” asserted Geoff Ballotti, president and CEO of Group RCI. “This is compared to domestic hotel room occupancy levels around 74 percent. These figures demonstrate the value consumers find in owning timeshare and being part of a global timeshare exchange company like RCI, which gives them access to more than 4,500 affiliated resorts in top holiday destinations around the world.”

The Australian Timeshare and Holiday Ownership Council (ATHOC) is scheduled this week and Ballotti is listed as a keynote speaker. 

Laura Younger, ATHOC general manager, says: “The economic significance of Gold Coast timeshare is a direct and indirect output of $318.3 million a year for the local economy.”