arda international foundation
Timeshare Industry Adds $79.5 Billion to U.S. Economy
ARDA | August 10, 2016
More Than 511,000 People Employed; $10.2 Billion in Tax Revenue WASHINGTON, DC - August 10, 2016 – The U.S timeshare industry contributed an estimated $79.5 billion in consumer and business spending to the national economy in 2015, according to a study conducted by Ernst & Young for the ARDA International Foundation (AIF). This impressive total includes more than 511,000 jobs with $28.1 billion in salaries and wages. "It is not just the vacationers that benefit from the timeshare industry," says Howard Nusbaum, president and CEO of ARDA. "This industry has a huge impact on local economies through jobs, spending by vacationers ...