2. Timeshare Owners
Timeshare owners
Baby boomers (35-55 age group) make
up 59% of the buyer market
Typical buyer is married, and 50 years
old.
Over half have at least a bachelor’s or
associate’s degree
Over a quarter have a graduate degree
3. Top three timeshare
market
United States
Europe
South America
Top six countries with
timeshare projects
United States
Spain
Mexico
Italy
South Africa
France
4. Why do people purchase
timeshares?
Flexibility over when, where, and how they
vacation. The exchange opportunity has
increased in importance over the past two
decades and is the term noted most by buyers.
Economics. Owners report that they save
money over the long term. This is the second
most noted consumer motivation.
Certainty about the availability and quality of
popular resorts.
Safety and secure environments for family
vacations.
5. Motivations
Wanting to own in that area
Location of the resort in the area
Liking the timeshare unit, resort amenities, or
resort features
Confidence in the timeshare company
Being treated well during the sales
presentation
Leaving property to heirs
Chance to profit on rental and resale
6. Hesitations about buying
Financial and concerns in the initial purchase
and the annual maintenance fee. The potential
owner must feel that the long term savings will
outweigh the initial and continuing costs.
Justifying the expense of the purchase.
Owners worry about meeting the expectations
created during the sales presentation.
7. Snowsports
Snowboarding Skiing
Uses single wide board Uses two boards
One ski Two skis
Uses body to navigate Uses ski to navigate
Cannot navigate through
the terrain and wooded
areas
Can navigate through
terrain and wooded
areas
Usually seen sitting Remains uptight
8. Snow skating/ice skating
Moving on ice using ice skates
Types of ice skating
Figure skating – Olympic sport with spins/artistic
skating
Ice hockey – team sports played on ice
Tour skating – long distance ice skating
Resorts are offering snowboard and skiing lessons
for 6-10 years old, renting of snowboards & repair
services
They can sometimes run special snowboarding
events to stimulate visits
9. Boaters
Marinas
Italian word for small harbour
Collection of pleasure boats
Destination Marina
Accessible by land & water, wet slips for
visitors, hotel accommodation, restaurant,
facilities, swimming pool and other
recreational facilities that create a resort
atmosphere.
10. Five business types according to the
International Marina Institute
Port authority
Private marina
Municipal marina
Boatyard
Destination resort
11. Golfers/Golf Travelers
A golf traveller is the one who plays golf at least
once while travelling on business, vacation, or
golf-only trip.
Nearly half of all golfers have golf-related travel in
any year.
Three types of Golf-Traveler
1. Business
at least once while on business trip
2. Vacation
at least once while on vacation
3. Golf-only
at least once while on golf-only tour
12. Golfers cont.
Golfers are characterized as:
1. Avid
25 or more rounds
2. Moderate
8 to 24 rounds
3. Occasional
based on the number of rounds they play
annually, usually 1-7 rounds
13. Most common sources of information
for planning a trip are:
Friends
Golf-related magazines and books
Travel guides
Internet
14. Golfers cont.
Latent demand : 4 segments of golfers
1. Current players
2. Former golfers
Barriers inhibiting their return
Intimidating environment
Cost of play
Difficulty in learning the game
No one to play with
3. Non-golfers
4. Junior golf opportunity
5. Ages 5-17
15. Adventure Travelers (Hard)
35 years old, some
college education,
employed full time, single,
professional
Backpacking across
rugged terrain
White water
rafting/kayaking
Hot air ballooning
Rock climbing
Mountain climbing
Off-road biking
Mountain biking
Hard-gliding, parasailing,
wind surfing
Parachuting/skydiving
Skate/snowboarding
Roller hockey
Bungee jumping
Spelunking
Cave exploring
Snorkelling/scuba diving
Survival games
17. Gaming Market
Nevada gaming was legalized in 1931 and
for 45 years, this was the only legal location
for gaming in the US.
Nevada was joined by Atlantic City in mid
1970’s
In 1990’s landbased, riverboat, dockside,
small stakes gaming, video lottery machines,
casinos run by Native American tribes
increased
Casino gambling is accepted as a form of
entertainment
18. Two types of casino location
Transient
Serving the day tripper market
People travel to the site by car or bus
Use little lodging or off-premise food facilities
Most Native American casinos and many
riverboats fall in this category
Destination
Las Vegas
Usually guests arrive by air
Average four days stay
90% stay in hotels
19. Average daily spending
$ 120 on gambling
$ 52 on accommodation
$ 75 on shopping
$ 53 on shows
$ 4 on sightseeing
$ 24 on food
20. Cruise Market
8 % of the US population has ever taken a
cruise
Growth however is excellent
21. Six Market Segments
Cruise Lines International
Association
1. Enthusiastic baby boomers
Excited about cruising
They live intense and stressful lives and want to
escape and relax while on vacation
40% - first timers
2. Restless baby boomers
Newest cruisers
Like to try new vacation experiences and while they
enjoy the cruise experience, cost is a factor to them
60% - first timers
22. 3. Luxury seekers
They want to be pampered in deluxe
accommodation and are willing and able to pay
for it
30% - first timers
4. Consummate shoppers
Committed to cruising
They seek the best value, not necessarily the
cheapest price
23. 5. Explorers
Well-educated and well-travelled
Interested in unusual and exotic destinations
20% - first timers
6. Ship buffs
Senior segment
Cruise extensively and will continue because of
pleasure and comfort it brings them
13% - first timers
24. Top three benefits of
cruising
Ease of visiting several destinations
Many activities
Reasonable price in relation to value