How important is our annual Top 25 Timeshare Resort Report? According to our research, more than 50% of the total resale market dollar volume takes place at the Top 25 resorts!
Of the more than 1,400 resorts reporting sales in the Sharket database, only seven earned a perfect 10 Saleability Score™ and six are Disney Vacation Club resorts. The other resort with a perfect 10 on the 2016 list is Marriott’s Grande Vista resort.
“Disney Vacation Club timeshares continue to enjoy a high number of sales and high median prices compared to almost any other resort,” says Bob Schmidt, Sharket’s Chief Data Officer. “Disney resorts are not actually the priciest timeshares – in the Top 25 that honor again goes to Starwood’s Westin Ka’anapali in Hawaii – but the Disney resorts have a much higher number of resales. Disney’s Saratoga Springs for example chalks up an incredible 1,021 resales on an annualized basis, more resales per year than any other resort, and the number of Saratoga Springs’ resale transactions represents an increase of 20 percent compared to the data for last year’s ranking,” Schmidt says.
Resales Are Higher and So Are Prices
“The number of resales is higher at every one of the Top 25 resorts,” Schmidt says. “Many resorts saw resale price gains as well. In fact, 15 of the Top 25 saw typical prices increase compared to last year,” Schmidt adds.
Some highlights regarding the Top 25 list include:
- Disney Vacation Club resorts take all of the top six rankings, eight of the top ten, and eleven of the top 25.
- Two Marriott Vacation Club resorts appear in the top 10, and six in the Top 25.
- No Hilton Grand Vacations Club resorts appear in the top 10, but five Hilton resorts are in the Top 25.
- Geographically speaking, Orlando area resorts dominate, appearing ten times in the Top 25, while fourteen of the Top 25 are located in Florida.
- Hawaii resorts appear nine times.
- Hilton Grand Vacations Waikoloa, Hilton Grand Waikikian, Marriott Cypress Harbour, St. James Place, Disney’s Grand Floridian and Disney’s Aulani resorts rank in the 2016 Top 25 but did not appear on last year’s list.
- Resorts in the Top 25 last year, but not on the list this year, include Marriott’s Timberlodge, Marriott’s Newport Coast, Hilton’s Casa Ybel, Hilton Hawaiian Village – Lagoon Tower, Hilton Grand Vacations Club at Sea World andPlantation Club at South Seas Resort.
Only One Independent Resort in the Top 25
The only timeshare resort on Sharket’s Top 25 that is not affiliated with a major brand is St. James Place resort located in Beaver Creek, Colorado with a ranking of 21.
Resale Volume is Up Compared to the 2015 Ranking
The Top 25 resorts comprise a total of 5,656 average annual resale transactions and $75 million in average annual resale volume compared to 4,762 resales and $58 million in volume in the 2015 rankings.
“The Top 25 represent 21 percent of all timeshare resales based on transactions and a whopping 55 percent of the total dollar amount of a resale transactions tracked by Sharket. Comparable figures based on 2015’s list are 16 percent and 49 percent, respectively,” Schmidt adds.
Among the Top 25, biggest price gains in median price occurred at these resorts:
|The Westin Ka‘anapali Ocean Resort Villas||+$3,300|
|Marriott’s Maui Ocean Club||+$3,055|
|The Villas at Disney’s Grand Californian Hotel & Spa||+$2,680|
Some resorts show a decline in median price compared to last year’s ranking.
|St. James Place||-$6,000|
|The Villas at Disney’s Grand Floridian Resort & Spa||-$4,300|
|Aulani, a Disney Resort & Spa||-$2,900|
|Grand Waikikian By Hilton Grand Vacations Club||-$2,900|
Disney’s Animal Kingdom has the highest increase in resale transactions among the Top 25 with an increase of 250 resales compared to 2015 rankings and almost $4 million in year over year resale volume, according to Sharket’s data which is calculated on an annualized basis.
Other gainers in total resale volume include Disney’s Saratoga Springs, Bay Lake Towers, Grand Floridian andBoardwalk Villas, all of which saw gains of $1 million or more in resale dollar volume, according to the figures compiled by Sharket.
The complete list:
Based on actual timeshare resales transactions and median price on an annualized basis during the reporting period of January 2014 – December 2015.
Article published and produced by Sharket.com