Vacation Ownership (Timeshare) Industry Report: 2009 Edition

The global economic recession, especially in the West, has had a deep impact on the global textile machinery. Having witnessed a favorable investment climate in the first half of 2007, particularly, the textile machinery industry is growing at a relatively slow pace.
The decline in the global textile machinery industry is evident from both the import and export perspectives. While China, the largest importer of textile machineries worldwide, noted a fall of 14% in import during January to October 2008 against the same period in 2007, Germany, the world’s largest exporter, faced a notable slump in demand. The overall exports of textile machineries from Germany declined by 12% in the first seven months of 2008 compared to the same period in the previous year of 2007.

Recession in the textile industry has been recognized as the key factor affecting the demand of textile machineries, which further led to cautious investment in machineries by the investors.

According to the market experts, the global textile machinery industry will not recover in 2009 due to the uncertain financial markets and dependence of the textile industry on state subsidies in many countries.

However, some factors will continue to sustain the growth if not drive the demand for textile machineries in the world. The blooming Asian textile industry is primary factor stimulating the business of western machinery manufacturers and local competitors. Secondly, a notable rise in the demand for nonwoven - based disposable products such as filters and tissues – is also projected to add to the market growth. In emerging economies like China and India, nonwovens hold immense business opportunities because of the growing prosperity in these regions.

The report offers an analysis of the global textile machinery market with a focus on spinning machineries (short-staple and long-staple spindles and open-end rotors). The market has been evaluated on the basis of shipments of textile machineries globally and the size and growth of various machinery applications. It also analyzes market opportunities in the Asian region (specifically China, India and Turkey) for the textile machine manufacturers. The competitive landscape of the textile machinery industry has been assessed in the report with spotlight on leading players like Rieter, Oerlikon, Lakshmi Machine Works and Jingwei Textile Machinery. Further, the future of the textile machinery industry has been critically discussed in the report.

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Vacation Ownership (Timeshare) Industry Report: 2009 Edition

The US vacation ownership industry is growing inspite of the ongoing economic recession. Analysts feel that with the entry of global hotel chains in Asia and Europe, market awareness about timeshares would increase. India and China are expected to be potential targets of vacation ownership developers in the long-term.

The business model of the timeshare industry is quite unique with sales & marketing expenditure being the largest component of the expenses. Therefore, it is very important for the developer to efficiently manage sales and marketing expenses.

The vacation ownership industry is dominated by large, established vacation ownership operators such as Hilton Grand Vacation Company (Hilton), Marriott Ownership Resorts (Marriott) Starwood Vacation Ownership (Starwood) and Wyndham Vacation Ownership (Wyndham). Wyndham is the largest vacation ownership operator by number of properties, owners, units and revenues.

The report analyzes the global vacation ownership (timeshare) industry. It analyzes the worldwide, US, and UK markets. Apart from providing a competitive landscape of the market, the report also profiles the major timeshare companies, with a discussion of their key business strategies. It also analyzes the major trends prevalent in the timeshare industry

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