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Collapse of the Timeshare industry in Europe

The US, with a much smaller population that Europe, has five times as many timeshare owners

PRLog - Sep. 16, 2012 - A new report,  “Rise & Fall of Timeshare in Europe”,  discloses the rapid decline in sales and ownership of timeshare in Europe and questions whether the industry has a future.

Ten years ago the European timeshare industry was making  100,000 sales a year  and had  one and half  million owners. Now sales are in the low thousands and ownership is struggling to reach  half a million  The USA, with a much smaller population than Europe,  has five times as many owners.

The blame for this  decline  lies with the breakdown in consumer confidence  brought about by the anti-consumer practices  within the industry.    Dishonest traders have  concentrated on making money in the short term and have failed to create an honest and responsible business   for the longer term.

The future for timeshare in Europe  looks bleak.   Unless traders  takes a firm grip on their practices so that consumers can again feel comfortable buying a timeshare then the industry is in serious risk of  collapse.

The report identifies why the industry failed to achieve its full potential
– naming and shaming  those responsible for this failure.


The full  report is available  from http://www.TimeshareReport.info

Contact:  sandy.grey@hotmail.co.uk

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Contact Email:
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Source:Sandy Grey
Zip:S81 8HG
City/Town:Worksop - Nottinghamshire - United Kingdom
Industry:Tourism
Tags:timeshare
Shortcut:prlog.org/11970269
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