Study: Kauai timeshare industry generated billions in 2016
LIHUE, Hawaii (AP) — A recent study found that the timeshare industry on the Hawaiian island of 2016 generated about $1 billion in economic output in 2016 and about $5.3 billion in consumer and business spending.
The study was conducted by the timeshare industry's primary researcher, nonprofit ARDA International Foundation, the Garden Island reported Sunday.
Timeshare units made up 31.1 percent of the total 8,444 visitor units last year on the island, the Kauai Visitors Bureau stated.
Timeshares were narrowly behind hotels in that category, with hotels making up 31.4 percent of Kauai visitor units. Vacation rental units and condo units each made up about 18 percent of the island's visitor units.