The country’s timeshare industry is in for growth this 2011 as credit freezes are beginning to thaw out while timeshare officials are meeting in Orlando to hold their annual convention. Experts gathered in the conference, held by the American Resort Development Association, report that money is once again flowing in the coffers.

The industry’s growth was derailed by the recession and has since started to revive itself. Even last year’s figures represent a positive outlook for both timeshare operators and owners alike. Disney Vacation Club president Jim Lewis shares that “we survived, we’re beginning to thrive,” adding that “we might not be there yet—we’re clearly not all the way there—but there are some encouraging signs.”

The industry, which has a big foundation in Central Florida, is rising out of its sleep. From dropping $10 billion to $6.3 billion in a span of two years, the industry has once again regained its upward growth.

Source: Orlando Sentinel