[Ranking] TOP 25 Timeshare / Hospitality Companies Q3/2023
Intro
The timeshare industry, a sub-industry of the hospitality sector, plays a critical role in the worldwide economy. With its unique offering of vacation ownership, timeshare companies cater to the growing demand for flexible and affordable travel options. In an increasingly globalized world, where travel has become a way of life for many, timeshare companies provide an opportunity for individuals to experience luxury accommodations and amenities without the burden of full ownership.
The profound influence of the timeshare industry extends far beyond the realm of hospitality. It has ripple effects across diverse sectors such as real estate, tourism, and even the sharing economy. By promoting tourism and attracting visitors to various destinations, timeshare companies contribute to the economic growth of local communities and create employment opportunities. Additionally, the emergence of online platforms and the sharing economy has further expanded the reach and impact of the timeshare industry, making vacation ownership more accessible and appealing to a wider audience.
In terms of economic magnitude, the timeshare industry has witnessed steady growth in recent years. According to industry reports, the global timeshare market was valued at over $9 billion in 2019 and is projected to reach $13 billion by 2027. The increasing popularity of vacation ownership, coupled with the rising disposable income of individuals, has fueled this upward trajectory. Furthermore, the industry has adapted to changing consumer preferences by offering innovative products and experiences, attracting a new generation of travelers.
Recent trends and breakthroughs have shaped the timeshare industry, while also presenting new challenges. The shift towards experiential travel and the demand for unique and personalized vacation experiences have prompted timeshare companies to diversify their offerings. This has led to the integration of technology, such as virtual reality and mobile applications, to enhance the customer experience. However, the industry also faces obstacles such as regulatory issues and negative perceptions surrounding timeshare ownership, which companies are working to address and overcome.
The landscape of the timeshare industry is ever-changing, driven by evolving consumer preferences, technological advancements, and global events. As companies strive to stay ahead in this dynamic environment, it is crucial to explore and understand the leading players in the industry. These companies not only shape the future of vacation ownership but also contribute significantly to the overall growth and development of the hospitality sector.
Ranking
#25 Chatham Lodging Trust
Employees: 0.5K
Revenue: 200M$
Website: https://www.chathamlodgingtrust.com
Description: Chatham Lodging Trust is a hospitality company operating in the timeshare industry. Headquartered in Palm Beach, Florida, United States, the company was founded in 2010. With approximately 500 employees, Chatham Lodging Trust specializes in providing high-quality accommodations and services to timeshare customers. The company generates an annual revenue of 200 million dollars. Committed to delivering exceptional experiences, Chatham Lodging Trust aims to create memorable stays for its guests, ensuring their satisfaction and loyalty. Through strategic partnerships and investments, the company continues to expand its presence in the timeshare industry, offering a diverse portfolio of properties in sought-after destinations.
#24 Xenia Hotels & Resorts, Inc.
Employees: 1.5K
Revenue: 500M$
Website: https://www.xeniareit.com
Description: Xenia Hotels & Resorts, Inc. is a hospitality company based in Orlando, United States. Established in 2015, the company operates in the Timeshare industry, offering a range of upscale hotel and resort properties. With a dedicated workforce of approximately 1,500 employees, Xenia Hotels & Resorts is committed to delivering exceptional guest experiences. The company generates an estimated annual revenue of 500 million dollars, showcasing its strong presence in the industry. Through its portfolio of properties, Xenia aims to provide luxurious accommodations and top-notch amenities to cater to the needs of travelers seeking high-quality experiences in their timeshare stays.
#23 Ashford Hospitality Trust, Inc.
Employees: 1.5K
Revenue: 600M$
Website: https://www.ahtreit.com
Description: Ashford Hospitality Trust, Inc. is a leading player in the timeshare industry, operating primarily in North America. Headquartered in Dallas, United States, the company was founded in 2003. With a workforce of approximately 1.5 thousand employees, Ashford Hospitality Trust focuses on providing exceptional hospitality experiences to its customers. The company generates an estimated annual revenue of around 600 million dollars. Ashford Hospitality Trust is committed to delivering high-quality timeshare services and has established a strong presence in the market. Through their website, https://www.ahtreit.com, customers can explore and book a wide range of timeshare options offered by the company.
#22 Red Lion Hotels Corporation
Employees: 2.5K
Revenue: 700M$
Website: https://www.redlion.com/
Description: Red Lion Hotels Corporation, headquartered in Denver, United States, is a prominent player in the Timeshare industry within the hospitality sector. Established in 1959, the company operates a chain of hotels and resorts that offer timeshare accommodations to vacationers. With a workforce of approximately 2.5 thousand employees, Red Lion Hotels Corporation generates an impressive annual revenue of around 700 million dollars. The company's commitment to providing exceptional hospitality experiences and luxurious accommodations has made it a preferred choice for travelers seeking memorable timeshare vacations. Red Lion Hotels Corporation continues to expand its presence in the Timeshare industry, catering to the evolving needs and preferences of its discerning clientele.
#21 RLJ Lodging Trust
Employees: 1.3K
Revenue: 800M$
Website: https://www.rljlodgingtrust.com
Description: RLJ Lodging Trust is a hospitality company operating in the timeshare industry. Headquartered in Bethesda, United States, the company was founded in 2011. With a workforce of approximately 1.3 thousand employees, RLJ Lodging Trust generates an estimated annual revenue of 800 million dollars. The company focuses on providing high-quality timeshare accommodations and services to its customers. Through their website, https://www.rljlodgingtrust.com, RLJ Lodging Trust offers a seamless booking experience and showcases their diverse portfolio of properties in prime locations. With their commitment to exceptional hospitality, RLJ Lodging Trust aims to deliver memorable experiences for their guests in the timeshare industry.
#20 Sunstone Hotel Investors, Inc.
Employees: 1.5K
Revenue: 850M$
Website: https://www.sunstonehotels.com
Description: Sunstone Hotel Investors, Inc. is a leading hospitality company operating in the timeshare industry. Headquartered in Aliso Viejo, United States, the company has been providing exceptional vacation experiences since its establishment in 1985. With a team of approximately 1.5 thousand employees, Sunstone Hotel Investors offers a wide range of timeshare properties and services to its customers. The company generates an impressive annual revenue of 850 million dollars, making it a prominent player in the industry. Sunstone Hotel Investors is committed to delivering top-notch hospitality and creating memorable experiences for its guests in the timeshare sector.
#19 Pebblebrook Hotel Trust
Employees: 2K
Revenue: 1B$
Website: https://www.pebblebrookhotels.com/
Description: Pebblebrook Hotel Trust is a leading hospitality company in the timeshare industry. Based in Atlanta, United States, the company was founded in 2009. With a workforce of around 2,000 employees, Pebblebrook Hotel Trust operates a portfolio of upscale and luxury hotels in prime locations across North America. The company focuses on acquiring and investing in high-quality properties that offer exceptional guest experiences. Pebblebrook Hotel Trust generates an impressive annual revenue of around 1 billion dollars. Committed to providing exceptional hospitality services, the company aims to create memorable and enjoyable stays for its guests, ensuring customer satisfaction and loyalty.
#18 Playa Hotels & Resorts N.V.
Employees: 5K
Revenue: 1B$
Website: https://www.playaresorts.com/
Description: Playa Hotels & Resorts N.V. is a leading hospitality company operating in the timeshare industry. With its headquarters in Fort Lauderdale, United States, Playa Hotels & Resorts offers luxurious accommodations and vacation experiences in various destinations. The company was founded in 2013 and has grown to employ approximately 5,000 dedicated professionals. Playa Hotels & Resorts generates substantial revenue, amounting to around 1 billion US dollars. With a commitment to providing exceptional service and unforgettable experiences, the company has established itself as a trusted name in the hospitality industry.
#17 Choice Hotels International, Inc.
Employees: 1.5K
Revenue: 1.1B$
Website: https://www.choicehotels.com/
Description: Choice Hotels International, Inc. is a leading hospitality company in the timeshare industry. Headquartered in Rockville, United States, the company operates across North America. Founded in 1939, Choice Hotels has established itself as a trusted name in the hospitality sector. With approximately 1.5 thousand employees, the company focuses on providing exceptional timeshare experiences to its customers. Choice Hotels generates significant revenue, with an annual turnover of around 1.1 billion US dollars. Through its website and various affiliated properties, the company offers a wide range of timeshare accommodations and services, catering to the diverse needs of travelers and vacationers. With a strong presence in the industry, Choice Hotels International continues to expand its portfolio and deliver memorable experiences to its guests.
#16 Hersha Hospitality Trust
Employees: 1.6K
Revenue: 1.2B$
Website: https://www.hersha.com/
Description: Hersha Hospitality Trust, headquartered in Philadelphia, United States, is a leading player in the timeshare industry within the hospitality sector. Founded in 1998, the company operates a portfolio of upscale hotels and resorts that offer vacation ownership opportunities. With a dedicated team of approximately 1.6K employees, Hersha Hospitality Trust provides exceptional accommodations and services to its timeshare customers. The company's revenue stands at an impressive 1.2 billion dollars, reflecting its strong presence and success in the industry. Hersha Hospitality Trust continues to expand its footprint and deliver unparalleled experiences to timeshare owners across North America.
#15 Extended Stay America, Inc.
Employees: 8.5K
Revenue: 1.2B$
Website: https://www.extendedstayamerica.com
Description: Extended Stay America, Inc. is a hospitality company operating in the timeshare industry. Headquartered in Charlotte, United States, the company was founded in 1995. With a workforce of approximately 8,500 employees, Extended Stay America offers extended stay accommodations to guests across North America. The company provides fully equipped suites with amenities such as kitchens, laundry facilities, and free Wi-Fi, catering to the needs of both business and leisure travelers. Extended Stay America aims to provide comfortable and convenient lodging options for individuals seeking longer stays, whether for work assignments, relocation, or personal reasons. With an annual revenue of 1.2 billion dollars, the company has established itself as a prominent player in the timeshare hospitality industry.
#14 Sun Communities, Inc.
Employees: 2.5K
Revenue: 1.3B$
Website: https://www.suncommunities.com/
Description: Sun Communities, Inc. is a leading operator in the timeshare industry within the hospitality sector. Headquartered in Southfield, United States, the company has been in operation since 1975. With a workforce of approximately 2.5 thousand employees, Sun Communities manages a portfolio of timeshare properties across North America. The company specializes in providing exceptional vacation experiences through its well-maintained and amenity-rich resorts. Sun Communities' revenue stands at around 1.3 billion dollars, reflecting its strong presence and success in the timeshare market. Through its dedication to customer satisfaction and commitment to quality, Sun Communities continues to be a prominent player in the timeshare industry.
#13 La Quinta Holdings Inc.
Employees: 10K
Revenue: 1.5B$
Website: https://www.lq.com
Description: La Quinta Holdings Inc. is a prominent player in the timeshare industry, operating primarily in the hospitality sector. With its headquarters located in Irving, United States, the company has been in operation since 1968. La Quinta Holdings Inc. boasts a workforce of approximately 10,000 employees, dedicated to providing exceptional hospitality services. The company has achieved significant growth over the years, generating an impressive revenue of 1.5 billion dollars. La Quinta Holdings Inc. stands out in the industry for its commitment to offering top-notch timeshare experiences, ensuring customer satisfaction and loyalty. Through its website, https://www.lq.com, the company provides easy access to information and bookings for its timeshare properties, making it a convenient choice for travelers seeking quality accommodations.
#12 Apple Leisure Group
Employees: 10K
Revenue: 1.5B$
Website: https://www.appleleisuregroup.com
Description: Apple Leisure Group, headquartered in Newtown Square, United States, is a prominent player in the timeshare industry within the hospitality sector. Established in 2001, the company has grown to employ approximately 10,000 individuals worldwide. With an impressive revenue of 1.5 billion US dollars, Apple Leisure Group operates various leading brands in the timeshare market, offering vacation ownership and resort management services. Their extensive portfolio includes well-known brands such as AMResorts, which operates luxury all-inclusive resorts, and Unlimited Vacation Club, a vacation membership program. Apple Leisure Group's commitment to delivering exceptional vacation experiences has made them a key player in the timeshare industry, providing unparalleled hospitality services to customers across the globe.
#11 Diamond Resorts International, Inc.
Employees: 8K
Revenue: 2B$
Website: https://www.diamondresorts.com
Description: Diamond Resorts International, Inc., headquartered in Las Vegas, United States, is a prominent player in the timeshare industry within the hospitality sector. Founded in 2007, the company has grown to employ approximately 8,000 individuals globally. With annual revenue reaching 2 billion US dollars, Diamond Resorts International operates a vast network of luxury timeshare resorts across North America and Europe. Their resorts offer high-quality accommodations and amenities, providing customers with memorable vacation experiences. Through their innovative vacation ownership programs, Diamond Resorts International aims to deliver exceptional customer service and unparalleled vacation options to its members. With a strong commitment to customer satisfaction and a proven track record in the industry, Diamond Resorts International continues to be a leader in the timeshare market.
#10 Park Hotels & Resorts Inc.
Employees: 8.5K
Revenue: 2.2B$
Website: https://www.parkhotels.com/
Description: Park Hotels & Resorts Inc. is a leading hospitality company operating in the timeshare industry. Headquartered in Tysons, Virginia, United States, the company has established itself as a key player in North America. Founded in 2017, Park Hotels & Resorts operates a diverse portfolio of luxury hotels and resorts, offering exceptional experiences to its guests. With a workforce of approximately 8,500 employees, the company is committed to providing outstanding service and ensuring customer satisfaction. Park Hotels & Resorts generates significant revenue, with an annual income of 2.2 billion dollars. The company's dedication to quality and innovation has positioned it as a trusted name in the timeshare industry.
#9 InterContinental Hotels Group
Employees: 400K
Revenue: 2.3B$
Website: https://www.ihgplc.com/
Description: InterContinental Hotels Group (IHG) is a leading player in the Timeshare industry, operating globally. Headquartered in Denham, United Kingdom, IHG manages a diverse portfolio of hotels, resorts, and vacation ownership properties. With a rich history dating back to 1777, IHG has established itself as a trusted brand in the hospitality sector. The company prides itself on providing exceptional guest experiences and offers a range of accommodations suitable for different travel preferences and budgets. IHG's extensive network of properties spans continents, offering travelers a wide choice of destinations. With a workforce of around 400,000 employees, IHG continues to innovate and expand its presence in the Timeshare industry, generating a revenue of 2.3 billion dollars.
#8 Marriott Vacations Worldwide Corporation
Employees: 23K
Revenue: 4.5B$
Website: https://www.marriottvacationsworldwide.com
Description: Marriott Vacations Worldwide Corporation, headquartered in Orlando, United States, is a leading company in the timeshare industry within the hospitality sector. Founded in 2011, the company operates globally, offering vacation ownership and resort management services. With approximately 23,000 employees, Marriott Vacations Worldwide is dedicated to providing memorable vacation experiences for its customers. The company generates an annual revenue of around 4.5 billion U.S. dollars. Through its diverse portfolio of resorts and properties, Marriott Vacations Worldwide offers a range of vacation options, allowing customers to enjoy the flexibility and convenience of timeshare ownership. With a commitment to excellence and customer satisfaction, the company continues to be a prominent player in the hospitality industry.
#7 Meliá Hotels International
Employees: 40K
Revenue: 4.5B$
Website: https://www.melia.com
Description: Meliá Hotels International, headquartered in Palma de Mallorca, Spain, is a prominent player in the timeshare industry within the hospitality sector. Founded in 1956, the company has established itself as a leading provider of luxurious vacation ownership experiences. With a workforce of approximately 40,000 employees, Meliá Hotels International operates numerous high-end resorts and hotels across popular tourist destinations globally. The company's robust revenue of 4.5 billion dollars reflects its strong presence and success in the timeshare market. Committed to delivering exceptional customer service and outstanding accommodations, Meliá Hotels International continues to be a preferred choice for discerning travelers seeking unforgettable timeshare experiences.
#6 Wyndham Destinations, Inc.
Employees: 25K
Revenue: 4.5B$
Website: https://www.wyndhamdestinations.com
Description: Wyndham Destinations, Inc. is a leading player in the timeshare industry, operating primarily in the hospitality sector. Headquartered in Orlando, United States, the company is known for its exceptional vacation ownership and exchange programs. With a strong presence in North America, Wyndham Destinations offers a wide range of timeshare options to its customers, allowing them to enjoy luxurious vacations in various destinations across the globe. The company was founded in 2018 and has quickly grown to become a major player in the industry. With a workforce of around 25,000 employees, Wyndham Destinations generates significant revenue, amounting to approximately 4.5 billion dollars. Through its innovative and customer-centric approach, the company continues to redefine the timeshare industry and provide unforgettable vacation experiences to its members.
#5 Host Hotels & Resorts, Inc.
Employees: 4K
Revenue: 5B$
Website: https://www.hosthotels.com
Description: Host Hotels & Resorts, Inc. is a leading hospitality company operating in the timeshare industry. Headquartered in Bethesda, United States, the company was founded in 1993. With a workforce of approximately 4,000 employees, Host Hotels & Resorts specializes in providing exceptional timeshare accommodations and services to its customers. The company has established a strong presence in the industry and has become renowned for its luxurious and high-quality resorts located in prime vacation destinations. Host Hotels & Resorts generates an impressive annual revenue of 5 billion US dollars, reflecting its success and profitability in the timeshare market. Through its commitment to excellent customer service and its dedication to creating unforgettable vacation experiences, Host Hotels & Resorts continues to be a prominent player in the hospitality industry.
#4 Hyatt Hotels Corporation
Employees: 55K
Revenue: 5.0B$
Website: https://www.hyatt.com
Description: Hyatt Hotels Corporation, headquartered in Chicago, United States, is a prominent player in the Timeshare industry within the Hospitality sector. Founded in 1957, Hyatt operates numerous hotels and resorts worldwide, offering premium accommodations and exceptional customer service. With a workforce of approximately 55,000 employees, the company is committed to creating a welcoming and inclusive environment for both guests and staff. Hyatt Hotels Corporation has achieved significant success in the Timeshare industry, generating an impressive annual revenue of 5.0 billion US dollars. Through its dedication to quality and innovation, Hyatt continues to expand its presence and deliver outstanding experiences to travelers around the globe.
#3 Accor
Employees: 20K
Revenue: 5.3B$
Website: https://www.accor.com
Description: Accor, headquartered in Paris, France, is a leading player in the timeshare industry within the hospitality sector. Established in 1967, the company has grown to become a prominent name in the global hospitality market. With a workforce of approximately 20,000 employees, Accor operates a diverse portfolio of timeshare properties across various continents. The company's commitment to delivering exceptional guest experiences has earned it a strong reputation in the industry. Accor's revenue stands at a remarkable 5.3 billion dollars, reflecting its success in the competitive timeshare market. Through its strategic partnerships and innovative approach, Accor continues to shape the future of the timeshare industry, providing unparalleled vacation experiences to its customers worldwide.
#2 Hilton Worldwide Holdings Inc.
Employees: 169K
Revenue: 9.1B$
Website: https://www.hilton.com/
Description: Hilton Worldwide Holdings Inc., headquartered in McLean, United States, is a prominent player in the hospitality industry, specifically in the timeshare sector. With a rich history dating back to 1919, Hilton operates numerous timeshare properties across the globe. The company offers a range of vacation ownership options, allowing individuals to enjoy luxurious accommodations and amenities in desirable destinations. With a workforce of approximately 169,000 employees, Hilton is dedicated to providing exceptional hospitality experiences to its customers. The company's revenue stands at an impressive 9.1 billion US dollars, reflecting its strong presence and success in the timeshare industry.
#1 Marriott International
Employees: 176K
Revenue: 22.9B$
Website: https://www.marriott.com
Description: Marriott International, headquartered in Bethesda, United States, is a leading company in the Timeshare industry. Founded in 1927, Marriott operates a vast network of timeshare properties across the globe. With approximately 176,000 employees, the company offers a wide range of hospitality services, including vacation ownership programs, resorts, and villa rentals. Marriott's timeshare properties provide customers with luxurious and comfortable accommodations, along with access to various amenities such as pools, spas, restaurants, and recreational facilities. The company has established a strong presence in the industry and continues to expand its portfolio of timeshare properties to cater to the growing demand for vacation ownership. With an impressive revenue of 22.9 billion dollars, Marriott International is a trusted and preferred choice for individuals seeking exceptional timeshare experiences.
Summary
The analysis of the top companies in the Timeshare sub-industry of Hospitality has revealed some interesting findings. Topping the list is Company A, known for its exceptional customer service and innovative vacation ownership programs. Company B takes the second spot with its extensive network of luxury resorts and commitment to sustainability. Company C secures the third position, thanks to its strong sales and marketing strategies that have attracted a large customer base.
One unexpected finding is the rapid growth of Company D, which has quickly risen through the ranks to become a key player in the industry. This can be attributed to its aggressive expansion plans and successful partnerships with popular travel and vacation brands. Another outstanding discovery is the increasing popularity of vacation rentals, which has led to the rise of companies like Company E that offer unique and personalized experiences to travelers.
Company A is a leading player in the Timeshare industry, offering a wide range of vacation ownership options to its customers. With a focus on customer satisfaction, they have built a strong reputation for providing exceptional service and memorable vacation experiences. Company B is known for its luxury resorts, catering to high-end travelers seeking exclusive and indulgent vacations. Company C, on the other hand, targets a wider customer base with its affordable vacation ownership programs.
One shared element among these top companies is their commitment to delivering exceptional customer service. They prioritize customer satisfaction and go above and beyond to exceed expectations. Additionally, they all have a strong presence in popular tourist destinations, allowing them to attract a large customer base. These companies also invest heavily in technology to enhance the vacation ownership experience and streamline operations.
What sets these eminent companies apart from their industry rivals is their ability to adapt to changing consumer preferences and market trends. They constantly innovate and offer unique vacation experiences that cater to the evolving needs of travelers. These companies also prioritize sustainability, implementing eco-friendly practices in their operations. Their strong brand reputation and customer loyalty have helped them maintain a competitive edge in the Timeshare industry.