EXHIBIT 1 SEGMENTATION OF US VACATION OWNERSHIP MARKET
EXHIBIT 2 MARKET SIZE CALCULATION APPROACH 2022
EXHIBIT 3 US VACATION OWNERSHIP MARKET 2022 & 2028 ($ BILLION)
EXHIBIT 4 KEY PLAYERS IN US VACATION OWNERSHIP MARKET
EXHIBIT 5 US REGIONAL INSIGHTS BY POPULATION (2022)
EXHIBIT 6 US POPULATION BY GENDER (2022)
EXHIBIT 7 US URBAN & RURAL POPULATIONS (2022)
EXHIBIT 8 PROJECTION OF US POPULATION BY 2060 (MILLION)
EXHIBIT 9 US PERSONAL CONSUMPTION EXPENDITURE (2020–2022)
EXHIBIT 10 PARTICIPATION IN VACATION OWNERSHIP MARKET BY GENERATION (2022)
EXHIBIT 11 US VACATION OWNERSHIP MARKET BY RACIAL POPULATION COMPOSITION, 2022 (%)
EXHIBIT 12 IMPACT OF HIGH OCCUPANCY RATE
EXHIBIT 13 TIMESHARE OCCUPANCY IN HAWAII BY ISLAND (Q3 2022)
EXHIBIT 14 IMPACT OF VIRTUAL REALITY & AUGMENTED REALITY IN VACATION OWNERSHIP INDUSTRY
EXHIBIT 15 IMPACT OF SIGNIFICANCE OF POINT-BASED VACATION OWNERSHIP
EXHIBIT 16 IMPACT OF GROWTH OF TOURISM & HOSPITALITY INDUSTRIES
EXHIBIT 17 IMPACT OF SIGNIFICANT URBANIZATION
EXHIBIT 18 TOTAL US URBAN POPULATION, 2018–2022 (MILLION)
EXHIBIT 19 IMPACT OF COMPLEX MERGERS & ACQUISITIONS
EXHIBIT 20 IMPACT OF COMPLICATIONS IN PROMOTION OF TIMESHARE BUSINESS
EXHIBIT 21 PROBLEMS IN MARKETING TIMESHARE
EXHIBIT 22 IMPACT OF HIGH MAINTENANCE COST
EXHIBIT 23 ARDA’S 2016 AIF OWNERS STUDY
EXHIBIT 24 US VACATION OWNERSHIP MARKET 2022–2028 ($ BILLION)
EXHIBIT 25 US HISTORICAL SALES 2015–2021 ($ BILLION)
EXHIBIT 26 TIMESHARE USAGE (2021)
EXHIBIT 27 FIVE FORCES ANALYSIS 2022
EXHIBIT 28 INCREMENTAL GROWTH BY TYPE 2022 & 2028
EXHIBIT 29 OVERVIEW: US VACATION OWNERSHIP MARKET BY TYPE
EXHIBIT 30 US TIMESHARE VACATION OWNERSHIP MARKET 2022–2028 ($ BILLION)
EXHIBIT 31 US FRACTIONAL VACATION OWNERSHIP MARKET 2022–2028 ($ BILLION)
EXHIBIT 32 US CLUB VACATION OWNERSHIP MARKET 2022–2028 ($ BILLION)
EXHIBIT 33 INCREMENTAL GROWTH BY OCCUPANCY 2022 & 2028
EXHIBIT 34 OVERVIEW: US VACATION OWNERSHIP MARKET BY OCCUPANCY
EXHIBIT 35 US OWNER GUEST VACATION OWNERSHIP MARKET 2022–2028 ($ BILLION)
EXHIBIT 36 US RENTER VACATION OWNERSHIP MARKET 2022–2028 ($ BILLION)
EXHIBIT 37 US EXCHANGE GUEST VACATION OWNERSHIP MARKET 2022–2028 ($ BILLION)
EXHIBIT 38 US MARKETING GUEST VACATION OWNERSHIP MARKET 2022–2028 ($ BILLION)
EXHIBIT 39 US VACANT VACATION OWNERSHIP MARKET 2022–2028 ($ BILLION)
EXHIBIT 40 INCREMENTAL GROWTH BY OWNER TYPE 2022 & 2028
EXHIBIT 41 OVERVIEW: US VACATION OWNERSHIP MARKET BY OWNER TYPE
EXHIBIT 42 US SILENT GENERATION VACATION OWNERSHIP MARKET 2022–2028 ($ BILLION)
EXHIBIT 43 US BABY BOOMERS VACATION OWNERSHIP MARKET 2022–2028 ($ BILLION)
EXHIBIT 44 US GENERATION X VACATION OWNERSHIP MARKET 2022–2028 ($ BILLION)
EXHIBIT 45 US MILLENNIALS VACATION OWNERSHIP MARKET 2022–2028 ($ BILLION)
EXHIBIT 46 US OTHERS VACATION OWNERSHIP MARKET 2022–2028 ($ BILLION)
EXHIBIT 47 INCREMENTAL GROWTH BY REGION 2022 & 2028
EXHIBIT 48 OVERVIEW: US VACATION OWNERSHIP MARKET BY REGION (2022)
EXHIBIT 49 SOUTH US VACATION OWNERSHIP MARKET 2022–2028 ($ BILLION)
EXHIBIT 50 WEST US VACATION OWNERSHIP MARKET 2022–2028 ($ BILLION)
EXHIBIT 51 NORTHEAST US VACATION OWNERSHIP MARKET 2022–2028 ($ BILLION)
EXHIBIT 52 MIDWEST US VACATION OWNERSHIP MARKET 2022–2028 ($ BILLION)
EXHIBIT 53 WYNDHAM: BRAND PERFORMANCE (2021)
EXHIBIT 54 DISNEY: COST OF MEMBERSHIP
LIST OF TABLES
TABLE 1 KEY CAVEATS
TABLE 2 CURRENCY CONVERSION 2016–2022
TABLE 3 TRENDS IN US POPULATION GROWTH BY AGE (2016–2060)
TABLE 4 US VACATION OWNERSHIP MARKET BY TYPE 2022–2028 ($ BILLION)
TABLE 5 US TIMESHARE VACATION OWNERSHIP MARKET BY REGION 2022–2028 ($ BILLION)
TABLE 6 US FRACTIONAL VACATION OWNERSHIP MARKET BY REGION 2022–2028 ($ BILLION)
TABLE 7 US CLUB VACATION OWNERSHIP MARKET BY REGION 2022–2028 ($ BILLION)
TABLE 8 US VACATION OWNERSHIP MARKET BY OCCUPANCY 2022–2028 ($ BILLION)
TABLE 9 US OWNER GUEST VACATION OWNERSHIP MARKET BY REGION 2022–2028 ($ BILLION)
TABLE 10 RENTAL VACATION OWNERSHIP VERSUS HOME RENTALS & STANDARD HOTELS
TABLE 11 US RENTER VACATION OWNERSHIP MARKET BY REGION 2022–2028 ($ BILLION)
TABLE 12 US EXCHANGE GUEST VACATION OWNERSHIP MARKET BY REGION 2022–2028 ($ BILLION)
TABLE 13 US MARKETING GUEST VACATION OWNERSHIP MARKET BY REGION 2022–2028 ($ BILLION)
TABLE 14 US VACANT VACATION OWNERSHIP MARKET BY REGION 2022–2028 ($ BILLION)
TABLE 15 US VACATION OWNERSHIP MARKET BY OWNER TYPE 2022–2028 ($ BILLION)
TABLE 16 US SILENT GENERATION VACATION OWNERSHIP MARKET BY REGION 2022–2028 ($ BILLION)
TABLE 17 US BABY BOOMERS VACATION OWNERSHIP MARKET BY REGION 2022–2028 ($ BILLION)
TABLE 18 US GENERATION X VACATION OWNERSHIP MARKET BY REGION 2022–2028 ($ BILLION)
TABLE 19 US MILLENNIALS VACATION OWNERSHIP MARKET BY REGION 2022–2028 ($ BILLION)
TABLE 20 US OTHERS VACATION OWNERSHIP MARKET BY REGION 2022–2028 ($ BILLION)
TABLE 21 US VACATION OWNERSHIP MARKET BY REGION 2022–2028 ($ BILLION)
TABLE 22 SOUTH US VACATION OWNERSHIP MARKET BY TYPE 2022–2028 ($ BILLION)
TABLE 23 SOUTH US VACATION OWNERSHIP MARKET BY OCCUPANCY 2022–2028 ($ BILLION)
TABLE 24 SOUTH US VACATION OWNERSHIP MARKET BY OWNER TYPE 2022–2028 ($ BILLION)
TABLE 25 WEST US VACATION OWNERSHIP MARKET BY TYPE 2022–2028 ($ BILLION)
TABLE 26 WESTERN US VACATION OWNERSHIP MARKET BY OCCUPANCY 2022–2028 ($ BILLION)
TABLE 27 WEST US VACATION OWNERSHIP MARKET BY OWNER TYPE 2020–2028 ($ BILLION)
TABLE 28 NORTHEAST US VACATION OWNERSHIP MARKET BY TYPE 2022–2028 ($ BILLION)
TABLE 29 NORTHEAST US VACATION OWNERSHIP MARKET BY OCCUPANCY 2022–2028 ($ BILLION)
TABLE 30 NORTHEAST US VACATION OWNERSHIP MARKET BY OWNER TYPE 2022–2028 ($ BILLION)
TABLE 31 MIDWEST US VACATION OWNERSHIP MARKET BY TYPE 2022–2028 ($ BILLION)
TABLE 32 MIDWEST US VACATION OWNERSHIP MARKET BY OCCUPANCY 2022–2028 ($ BILLION)
TABLE 33 MIDWEST US VACATION OWNERSHIP MARKET BY OWNER TYPE 2022–2028 ($ BILLION)
TABLE 34 WYNDHAM: MAJOR SERVICE OFFERINGS
TABLE 35 MARRIOTT VACATIONS WORLDWIDE: MAJOR SERVICE OFFERINGS
TABLE 36 OVERVIEW: MARRIOTT VACATIONS WORLDWIDE
TABLE 37 HILTON: MAJOR SERVICE OFFERINGS
TABLE 38 HILTON: BRAND OVERVIEW
TABLE 39 INTERCONTINENTAL HOTELS GROUP: MAJOR SERVICE OFFERINGS
TABLE 40 TOP TEN US STATES WITH MOST IHG LOCATIONS (2023)
TABLE 41 DISNEY: MAJOR SERVICE OFFERINGS
TABLE 42 BLUEGREEN VACATIONS HOLDING CORPORATION: MAJOR SERVICE OFFERINGS
TABLE 43 CORE VALUE OF BLUEGREEN VACATIONS HOLDING CORPORATION
TABLE 44 EXPLORIA RESORTS: MAJOR SERVICE OFFERINGS
TABLE 45 BRECKENRIDGE GRAND VACATIONS: MAJOR SERVICE OFFERINGS
TABLE 46 WESTGATE RESORTS: MAJOR SERVICE OFFERINGS
TABLE 47 VI RESORTS: MAJOR SERVICE OFFERINGS
TABLE 48 SOMERPOINTE RESORTS: MAJOR SERVICE OFFERINGS
TABLE 49 CAPITAL VACATIONS: MAJOR SERVICE OFFERINGS
TABLE 50 EXPECTATIONS CLUB: MAJOR SERVICE OFFERINGS
TABLE 51 ROYAL HOLIDAY: MAJOR SERVICE OFFERINGS
TABLE 52 RAINTREE VACATION CLUB: MAJOR SERVICE OFFERINGS
TABLE 53 MULTI RESORT OWNERSHIP PLAN: MAJOR SERVICE OFFERINGS
TABLE 54 ROYAL ALOHA VACATION CLUB: MAJOR SERVICE OFFERINGS
TABLE 55 LANDEX RESORTS INTERNATIONAL: MAJOR SERVICE OFFERINGS
TABLE 56 US VACATION OWNERSHIP MARKET BY TYPE 2022–2028 ($ BILLION)
TABLE 57 US VACATION OWNERSHIP MARKET BY OCCUPANCY 2022–2028 ($ BILLION)
TABLE 58 US VACATION OWNERSHIP MARKET BY OWNER TYPE 2022–2028 ($ BILLION)
TABLE 59 US VACATION OWNERSHIP MARKET BY REGION 2022–2028 ($ BILLION)
TABLE 60 US VACATION OWNERSHIP MARKET BY REGION 2022–2028 (%)
TABLE 61 SOUTH US VACATION OWNERSHIP MARKET BY TYPE 2022–2028 ($ BILLION)
TABLE 62 SOUTH US VACATION OWNERSHIP MARKET BY OCCUPANCY 2022–2028 ($ BILLION)
TABLE 63 SOUTH US VACATION OWNERSHIP MARKET BY OWNER TYPE 2022–2028 ($ BILLION)
TABLE 64 WEST US VACATION OWNERSHIP MARKET BY TYPE 2022–2028 ($ BILLION)
TABLE 65 WEST US VACATION OWNERSHIP MARKET BY OCCUPANCY 2022–2028 ($ BILLION)
TABLE 66 WEST US VACATION OWNERSHIP MARKET BY OWNER TYPE 2022–2028 ($ BILLION)
TABLE 67 NORTHEAST US VACATION OWNERSHIP MARKET BY TYPE 2022–2028 ($ BILLION)
TABLE 68 NORTHEAST US VACATION OWNERSHIP MARKET BY OCCUPANCY 2022–2028 ($ BILLION)
TABLE 69 NORTHEAST US VACATION OWNERSHIP MARKET BY OWNER TYPE 2022–2028 ($ BILLION)
TABLE 70 MIDWEST US VACATION OWNERSHIP MARKET BY TYPE 2022–2028 ($ BILLION)
TABLE 71 MIDWEST US VACATION OWNERSHIP MARKET BY OCCUPANCY 2022–2028 ($ BILLION)
TABLE 72 MIDWEST US VACATION OWNERSHIP MARKET BY OWNER TYPE 2022–2028 ($ BILLION)