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US timeshares sustain growth in 2010 |
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Written by TSD Staff
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US timeshares managed to sustain steady sales last year after succumbing to its self-induced financial slump in 2009.
According to research, timeshare industry sales were worth more than $6 million last year. The study was based on a survey on timeshare resorts, developers, and managers. It was conducted by Ernst & Young through the American Resort Development Association—the timeshare industry’s primary trading arm.
Florida, which bounds the most timeshares in the country, reasserted its dominance in the industry accounting for more the $2 million of total sales.
Howard Nusbaum—ARDA’s president—said: "The good news is we saw growth. It was modest, but we saw it mostly in the end of the year.”
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