Market Data

Caribbean Market
  • Caribbean is the most tourism dependent region in the world
  • Gross tourism revenues greater than 33% of exports
  • Estimated tourism employment at 2mm and more than 50% of labor force in some areas
Hotel / Resort Market​
  • Lodging brands changing or revising their business model
  • Original focus on generating income through operating fees
  • Recent focus on licensed use of brands in residential context in exchange for future share of real estate sales
Vacation Home Market
  • In 2020, there were over 40 million American households comprised of individuals 50 and older who owned their main residence, of which 15 percent, or 6.6 million households also owned a vacation home
  • Most vacation homeowners either inherited their homes or purchased them with cash. Vacation home mortgage originations comprised less than 5 percent of overall mortgage market originations. In aggregate, there is more than $125 billion in outstanding mortgage debt on vacation homes