RDO, the trade body for vacation ownership industry, which includes timeshare and fractional developments, is marking Visit England’s second English Tourism Week (16 – 24 March 2013) by highlighting the importance of timeshare to the country.
With *72% year round occupancy levels, many of the 131 resorts in England are located in areas of outstanding natural beauty where there are few full time job opportunities. Timeshare is an important employer in these rural locations, offering year round rather than seasonal work.
The industry in the UK generates £1.1 billion in timeshare expenditure, including £450 million in visitor spend on restaurants, shops, attractions etc. Compare this with all-inclusive resorts, which have been under the spotlight for contributing little in terms of visitor spend to local communities!
With converted manor houses, hotels or even coaching inns, some dating back as far as the 15th century, timeshare offers quality accommodation in popular touristic destinations such as Devon and Cornwall, the Lake District and the Cotswolds. Timeshare owners are not necessarily limited to a resort or hotel, they can also try their hand on a narrow boat and take a holiday on the canals of England.
So it’s not surprising that the UK’s 589,000 timeshare owners are a happy lot, with 88% satisfaction levels. And by making use of the exchange system, they can holiday away from their home resort, giving them the flexibility that so many families want nowadays.
RDO members in England are backing the VisitEngland initiative and members of the public, whether timeshare owners or not, will be able to stay at one of their resorts at a discounted rate. More information on these special rates will follow.
*Figures from a report compiled on RDO’s behalf by the University of Nottingham Business School, 2009