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ARDA (The American Resort Development Association): The main trade association in the United States for the timeshare industry. Provides lobbying and other services in support of the industry. Banking: Depositing a week of timeshare into an exchange company's "bank". If you do not use a week in a particular year, you are generally allowed to bank it and use it at a later time.



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The breakdown of the resorts target markets is 50 percent incentive groups (80 percent from the United States and 20 percent from Mexico), 30 percent leisure and golf travelers from the United States and 20 percent wholesale business from california, texas and the northeastern United States, said Barrios. The company also opened the 264-unit Hilton Grand Vacations Club at Hilton Hawaiian Village in Honolulu. Our property in Aruba is going to be 218 two-bedroom villas and, even though that comes out to a 436-room hotel, its not big enough to support a full-service restaurant. John, the bahamas, adler says. As that one went well, and we were more confident with that project, we started to plant seeds for future distribution. Between 1991 and 2001, the number of households owning timeshares more than doubled, from 1. Improved consumer perception and the increased credibility of the timeshare industry continue to attract new entrants and new clients.

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