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Vacation Innovations history
Vacation Innovations company history timeline
There are plenty of resale, transfer and exchange tactics from the early 2000’s that are still used today.
By the mid 2000’s, timeshare companies became so concerned with trying to get their users to forget about the past that the future of the timeshare industry started looking slim.
Since our founding in 2003, we’ve grown and expanded to better serve both consumers and the vacation ownership industry.
In January 2009, following extensive due diligence, Edison Venture Fund became the company’s sole institutional investor, consistent with Edison’s investment commitment to high-growth, entrepreneurial technology companies.
A 2016 calculation by Consumer Reports found that owning a timeshare would start to pay off after 13 years.
However, in a survey the association published in 2017, 47% of timeshare owners said they had spent less than $10,000 for their timeshare.
In 2018, timeshare maintenance fees cost $1,000 per year on average, according to ARDA. Over the last decade, they have increased by 5% annually, on average, which is about twice the rate of inflation.
The ARDA says the average sales price for a one-week timeshare was $22,942 in 2019.
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Vacation Innovations competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| AlwaysOnVacation | 2007 | $4.4M | 74 | - |
| Vacatia | 2013 | $1.1M | 20 | 4 |
| Reedhein & Associates | - | $13.0M | 375 | - |
| Marriott Vacations Club | 1983 | $5.0B | 9 | 1 |
| Shell Vacations Club | 1999 | $690,000 | 50 | - |
| Paramount Marketing Group | - | $280,000 | 5 | - |
| Advantage Waypoint | 2011 | $1.1B | 3,000 | - |
| Hilton Grand Vacations | 1992 | $3.8B | 9,110 | 737 |
| CheapCaribbean | 2000 | $32.6M | 100 | - |
| Evergreen Park & Recreation District | 1969 | $720,000 | 50 | - |
Vacation Innovations history FAQs
Zippia gives an in-depth look into the details of Vacation Innovations, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Vacation Innovations. The employee data is based on information from people who have self-reported their past or current employments at Vacation Innovations. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Vacation Innovations. The data presented on this page does not represent the view of Vacation Innovations and its employees or that of Zippia.
Vacation Innovations may also be known as or be related to Vacation Innovations, Vacation Innovations Inc and Vacation Ownership Brokerage LLC.