United States and The Caribbean edition

Published by NorthCourse.

Available in English and Spanish

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Summary

In 2008, the fractional ownership industry in the Americas and the Caribbean slowed dramatically. Total estimated fractional sales
volume for the Americas and the Caribbean last year was $1.34 billion, a stark contrast to the record estimated sales volume of $1.98 billion achieved during the previous year.

However, fractionals have persevered despite adverse market conditions in the U.S. caused by foreclosures of sub prime loans, overbuilding, declining home values in most markets, and the negative psychology created by the erosion of consumer confidence in the U.S. economy. In fact, a survey conducted by NorthCourse in autumn 2008 indicated that fractional sales had been impacted less than whole ownership second homes and timeshare.