Timeshare Trends Blog

Europeans own and enjoy timeshares. According to the recent Executive Summary article, ” The European Timeshare Industry″ sponsored by The Christel DeHaan Tourism and Travel Research Institute at the University of Nottingham in England, 1.5 million European households own timeshare, with the United Kingdom and Ireland having the largest base of timeshare owners. Most timeshare resorts are in Spain, with 26.3 percent of all resorts, 14.94 percent in Italy, and 11.05 percent in the United Kingdom and Ireland. The total number of European timeshares now equals 1,312. European timeshare owners and visitors generate billions in money spent during their vacations with 69,836 jobs directly sustained by the European timeshare industry. 86.6 percent of the European timeshare owners reported satisfaction with their timeshare holiday, while 55.6 percent say they were very satisfied.

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The Club La Costa Resorts and Hotels have been undergoing a major restructuring in response to the changing trends caused by the worst global recession to affect the holiday industry. Recently, the company moved to close down four of its five off-site sales operations in the United Kingdom due to the country’s continuing economic battering, to refocus on new programs aimed at increased activity.

Club La Costa Resort’s prestigious sales and exhibition center in London’s West End continues to operate, but a decision was made to shut down its other sites as their effectiveness in the current financial climate was under question.

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