Contrary to the statement made by Claims Directive, a company located in Arguineguín Gran Canaria that claims to represent timeshare owners’ interests, the timeshare industry both in Spain, the rest of Europe and USA as well as other international territories is extremely robust.
Some of the world’s biggest hotel brands operate within the timeshare industry, such as Hilton, Marriott, Wyndham, Disney and Four Seasons. Timeshare owners recently reported high levels of satisfaction with their timeshare – 87% overall were “satisfied or extremely satisfied” according to a report by The Christel DeHaan Tourism and Travel Research Institute at the Nottingham University Business School.
The survey also reveals that there are 1.5 million owners in Europe, 48% of whom own in Spain, where there are 345 resorts. Furthermore, €3.2 billion was generated by the industry in 2007 alone, €957 million of which came from timeshare sales.