According to a survey of 1,000 Americans from Wyndham Destinations, the world’s largest vacation ownership and exchange company, it found that 55% of millennials have taken a holiday in a timeshare. A whopping 73% of millennials enjoyed the experience and 1 in 4 liked it so much they would consider buying one.

Why? Timeshares provide the ultimate holiday experience: comfort, style and plenty of options.

Social media influence

Social sharing also leads the list of travel trends influencing destination decision making. More than 1 in 5 (22%) people say they would actually consider purchasing a holiday home based on its Insta-worthiness. Whether the property would look great in photos is very important.

Key trends & statistics

50 Shades of Vacay

• According to the U.S. Travel Association, 63% of couples say that getaways are more likely to spark romance than a gift.

• 32% said that lack of privacy for ‘sexy time’ makes their leisure travel less enjoyable.

Experience-Junkie Millennials Discover Value of Timeshares

• 55% of millennials have taken a holiday in a timeshare

• 73% revealed they liked it, so much so that nearly 24% said they’d consider buying one

• 60% of Wyndham Destinations’ new owners are millennials and GenXers

Now is the Time to Share More Time

• 56% of Americans have stayed in a timeshare while traveling on holiday

• Nearly 80% report that they enjoyed the experience

• One in four respondents intend to purchase a timeshare within the next three years

Wanderlust Leads the List

• 42% percent of survey respondents give in to their wanderlust, preferring to holiday in a new destination

• 34% say they most often take a holiday in a city they can explore

• 24% seek outdoor adventures like skiing

One Size Does Fit All

• Solo travel is still trending among the younger demographic

• 72% of Baby Boomers say they most often travel with a spouse

• Only 55% of Gen Xers and 50% of Millennials bring along their significant other

Creature Comforts:

• The number one thing (34%) consumers say make their holiday less enjoyable is a lack of amenities like laundry, a fitness room or pool

All in the Fam

• 43%  travel as a family (e.g., parents and kids)

• 13% travel as an extended family

• When these holidaymakers travel with more than one person, 42% book a house so everyone can stay together